Strong dollar and the unwinding of quantitative easing are equivalent to 1 percentage point rate rise
With its entrepreneurial spirit and an increasingly efficient welfare state, the country can thrive in a slowing world
2G ethanol plants use surplus biomass and agricultural waste to produce ethanol, which is then blended with petrol. This helps India cut down on its crude oil imports, cut CO2 emissions, dispose of agri stubble, and increase farmers’ income, among others.
Of late, the Big Bull became a promoter-businessman after IPO listings of online-gaming company Nazara, insurer StarHealth, and shoemaker Metro Brands
He’s worried that Europe’s gas standoff with Russia might break that legacy.
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
The standalone revenue from operations for the June FY23 quarter grew by 84 percent to Rs 42,321 crore compared to the corresponding period last fiscal.
The Reserve Bank of India reported that the nation's foreign exchange reserves decreased by USD 897 million to USD 572.978 billion in the week ending August 5. (RBI).
In today’s edition of Moneycontrol Pro Panorama: Weekly Tactical, IPO Street, the rain dance, Zomato’s name change and more
Despite a little decline on Friday, gold prices were still expected to rise for the week as the dollar overall declined, offsetting pressure from rising bond yields and anticipation of additional rate increases from the U.S. Federal Reserve.
The latest number means headline retail inflation has now spent 34 consecutive months above the medium-term target of 4 percent and seven straight months above the 6 percent upper-bound of the Reserve Bank of India's 2-6 percent tolerance range.
Minutes of the US Fed meeting, inflation, China industrial production, and Europe investor morale are the key data points to track
After being unable to purchase dollars or euros owing to sanctions, Russia is considering purchasing the currencies of "friendly" nations like China, India, and Turkey to hold in its National Wealth Fund (NWF).
Mukherjea feels that the Indian economy is recovering nicely and the cost of credit in India continues to remain very low. Though the global economic conditions were a little choppy six months ago, but they're becoming fairly benign again.
Arabica Coffee prices hit a 4-week high at $2.2/lbs. Coffee was already at a setback due to unseasonal rains, bringing lower yields that threaten to extend a global supply crunch. Why are coffee prices rising? How will it impact you? Find out with Karunya Rao and Manisha Gupta.
Don't get perturbed by the noise around interest rates. Keep track of the trend and directional shift, if any, for this could affect overall portfolio returns
The income of the richest 10 percent went up by 42 percent between 1951 and 1980 and by 435 percent between 1980 and 2015
Fuel prices on August 12: Petrol in Mumbai is being sold for Rs 106.31 per litre and diesel for Rs 94.27. Petrol and Diesel in Delhi costs Rs 96.72 and Rs 89.62 a litre, repsectively. Petrol and diesel are priced at Rs 102.63 and Rs 94.24 in Chennai and at Rs 106.03 and Rs 92.76 in Kolkata.
We are five months into the new financial year and there has been very little movement in this very important February 2021 announcement on bank privatisation made by the Union Finance Minister.
The Supreme Court's suggestion to set up a panel to discuss the issue of freebies announced ahead of elections has raised questions about the judiciary's reach.
India is a welfare state, but the government is the custodian of public funds and must use them judiciously.
The comments come after the finance ministry denied in late July that the department of expenditure had advised against the extension of the free foodgrain scheme beyond September.
Sensex ended positive with Nifty up 0.71 percent. All sectors except FMCG ended in the green. Small cap indices also jumped 0.5 percent. Watch the video to catch all the market action
High global commodity prices and capital outflows have put pressure on the Indian rupee's exchange rate and depleted the foreign exchange reserves. But the ratings agency does not think the Indian economy has any reason to worry.
San Francisco president points to price rises remaining ‘far too high’ but signals initial support for smaller rate increases