The Ukraine crisis and global supply chain disruptions have stoked prices worldwide, but people in developing countries such as India are more vulnerable to even small cost increases that can wreck their meagre budgets.
Demand for global leisure and business flights has reached pre-pandemic levels. Such demand has not been witnessed since 2019.
A clean break from the investing style of 2020-21 is inevitable. Investing must be value-driven as money is going to hunt more for safety
If India imports a major share of the energy it consumes and energy prices across the world are skyrocketing, then the Indian economic system must come to live with it and build high import costs into its pricing
In such a tumultuous market environment, it becomes necessary to find one’s bearings by taking stock of the drivers behind the volatility
In an already charged political atmosphere with some states adopting undisguised hostility towards the Centre, especially on matters of revenue sharing, will this judgment further escalate confrontation?
The Supreme Court has ruled that the recommendations of the GST Council are not binding on the Centre and states.
The finance minister underscored the importance of multilateralism and the spirit of global cooperation for economic recovery.
The country has already bought more than twice as much crude from Russia since Moscow's invasion of Ukraine on Feb. 24 as it did in the whole of 2021, according to Reuters calculations.
Around 8,000 megawatts of imported coal-based power plants are currently shut, as operations became unviable due to high coal prices.
The recommendations of the GST Council, as per the Constitutional amendment, were always a guidance and never a mandatory compliance, Tarun Bajaj said.
The company’s downstream petroleum business reported revenue of Rs 105,236 crore in Q4FY22, up almost 24% on year. But the business saw its earnings before tax, interest income, interest expenditure, and dividend falling almost 44% year-on-year to Rs 2,261.67 crore.
Initial claims for state unemployment benefits increased 21,000 to a seasonally adjusted 218,000 for the week ended May 14, the highest level since January, the Labor Department said on Thursday. Economists polled by Reuters had forecast 200,000 applications for the latest week.
Digital Banking Units have the potential to break the chain where a lot of people in rural India continue to be largely dependent on informal sources of credit
A rationalisation of taxes in a host of manufactured products can bring down prices quickly, and also help shift the terms of trade favouring farmers who have been paying a higher price for goods that they buy than the price they get for goods that they produce
India's policy repo rate was raised on May 4 for the first time in nearly four years in response to elevated inflation numbers but higher interest rates may not kill the private investment cycle even before it takes hold
Addressing 'GovTech Summit 2022', Kant further said India needs a very simple, efficient, and transparent government.
The important components of price action trading are: identifying a trend, identifying important support and resistance levels and using candlesticks and chart patterns
If you want to understand the fear that pervades markets now, you have to look at the dollar
The global economy is now projected to grow by only 3.1 per cent in 2022, down from the 4.0 per cent growth forecast released in January 2022. Global inflation is projected to increase to 6.7 per cent in 2022, twice the average of 2.9 per cent during 20102020, with sharp rises in food and energy prices, it said.
Move to auction shut mines is at best a stop-gap solution when long-term finance is a problem for coal projects
Other factors hammering stocks include continued selling by foreign institutional investors, inflation and downgrades
Jayanth Varma says more than 100 basis points of rate increases need to be carried out very soon
While speaking at Amazon Smbhav 2022, son of Asia's richest man Gautam Adani, said that there is fire in the belly of Micro, Small and Medium Enterprises (MSMEs) in rural India and tier 2 or 3 three cities where there is need to improve technical infrastructure to tap into the firepower the country has for growth.