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Highly-skilled Indian migrants living in wealthy nations such as the US, UK, and Singapore were sending more money home, according to a World Bank report
Inflation in the euro zone hit a record 10.6 percent on an annualised basis last month, but economists polled by Reuters expect it to edge down to 10.4 percent in a flash reading for November due to be published this week
The long wait for a more optimistic message will leave Sunak’s government vulnerable to attacks from his own backbenchers as well as the opposition Labour party as he leads the country through a winter of strikes, recession and soaring energy prices
The income and spending report for the US is forecast to indicate a softening in core inflation for October. While simmering down, the annual pace is still more than twice the central bank’s goal
This notification will come into force from December 1, 2022
Amitabh Kant, India's G20 sherpa reveals the inside story of how India turned master-negotiator at the G20 summit in Bali this time & played an important role in finally arriving at a consensus amid an extremely tense geopolitical atmosphere. He underlines why India's upcoming G20 presidency is a huge growth opportunity for our country and how India can use this to undertake progressive measures. Also at the end, some key advice from the ace negotiator himself, on the art of negotiating and bringing people on the same page. Don't miss it!
Farmers say production this year is roughly 25-30 percent higher than the previous years. Though the state agriculture department is yet to calculate the exact numbers, they say production is expected to break the 2020 record of 13 MT. Saffron flowers are currently sold at Rs 1.5 lakh- Rs 2.5 lakh per kg.
Weak growth in advanced economies, persistent inflationary pressures, geopolitical tensions, as well as a subdued growth outlook for China are the reasons attributed for the negative outlook.
India's CPI inflation falls to 6.77% in October 2022 versus 7.41% in September this year. The headline number is largely in line with the Moneycontrol poll of 16 economists. Tune in as we analyze the data and fine print
While an expected fall in CPI will likely be welcomed by investors, Friday’s University of Michigan 5-10 year inflation expectations will resonate with Federal Reserve officials fearful of price rises becoming entrenched
Although Budget 2020 introduced a new income-tax regime, there have been few takers for it. Since its introduction, the government hasn’t tinkered with it. Yet, experts like Bibek Debroy feel that the future of direct taxes lies in removing all deductions and exemptions.
Debroy argued that it is the direct tax system that must be progressive, and not the indirect tax regime. As such, the GST rate should not depend on what the product is
Finance Minister Nirmala Sitharaman addressed the inaugural function of Invest Karnataka Summit to increase global investment in the state.
Consumers are trying various methods to save money on their weekly shop, visiting rival retailers and choosing own-label brands as well as buying more wonky vegetables, frozen food and canned goods
The new premier’s economic policy is set to face scrutiny as the Bank of England delivers what could be its biggest interest-rate hike in more than 30 years, and the government looks to fill the multi-billion hole in the nation’s finances
How much of a price jump is harder to predict since the safe-passage deal was already set to expire in mid-November if no agreement is reached to extend it
Europe is the epicenter of worry for many of the big consumer goods companies, from Unilever to Heineken and L’Oreal.
A slew of US data on manufacturing, home prices and consumer confidence have all fallen short of economist estimates, underscoring the toll of Fed tightening
As Britain's third prime minister this year, Sunak faces a daunting list of problems beyond the economic crisis, including how to unite and rebuild a fractured party whose reputation has been shredded by months of scandals and rows
One bright spot is that most major economies already in a recession or heading into one are starting with relatively low unemployment compared with previous downturns
The Federal Reserve is expected to raise rates by 75 basis points again next month as it looks to cool inflation pressure. Central banks from the UK to New Zealand are also tightening sharply to rein in prices
At the party congress, Xi has pushed for the “dual circulation” policy - an attempt to insulate China from economic shocks and US sanctions -- while maintaining strategic trade and investment links with the rest of the world
The new list of Central Committee members suggests that China’s top economic team could see its biggest shake-up in more than a decade
Rising inflation, spiralling borrowing costs and a seemingly impending recession are in store as the UK awaits a successor to Liz Truss
Memories of what’s now perceived as a policy mistake in 2008 might yet come to haunt the ECB, especially as rates go even higher and begin to constrict growth in due course. Such a prospect is likely to make future hiking decisions in 2023 more contentious, even if this one won’t be
