Economics

RBI Maintains Status Quo: Repo Rate Unchanged At 6.5%
What China Has To Do With Tata Steel's 6% Jump Today
Bloomberg Adds India's FAR Bonds To Its Emerging Market Local Currency Government Index
What China Has To Do With Tata Steel's 6% Jump Today
Bloomberg Adds India's FAR Bonds To Its Emerging Market Local Currency Government Index
Flipkart's New UPI Service, Byju's Frozen Employee Payments And More Stories You Can't Miss From The Weekend
Budget 2024 Live Updates: Nirmala Sitharaman Proposes No Changes In Tax Structures

Economics Recent News

Union Budget 2024: How Is Interim Budget Different From Full Budget?
|With the highly anticipated Lok Sabha elections in India set to take place in April to May 2024, the upcoming budget will be interim, lacking significant policy announcements.
Pakistan Borrows Even More As Debt From IMF Spirals To $1.9B Amid Economic Crisis
|The executive board of the International Monetary Fund (IMF) has approved an immediate disbursement of around $700 million (₹5,810 crore) for Pakistan.
Anand Mahindra Believes India Is On The Winning Path In The 'World Cup Of Emerging Markets': Here's Why
|Amidst a challenging global economic landscape, India's performance is a beacon of optimism.
India's Stock Market Soars Past $4 Trillion, Outshining Regional Peers
|This milestone coincides with India surpassing China as the world's most populous country and its recognition as the fastest-growing major economy.
Big Fat Indian Weddings Set To Inject ₹4.74 Lakh Cr Into The Economy
|India's forthcoming wedding season, starting November 23, is expected to pump about ₹4.74 lakh crore into the market, as per the Confederation of All India Traders (CAIT).
Economic Growth At 6% Insufficient For India's Job Market, Warns Former RBI Governor Raghuram Rajan
|Despite outperforming other major economies, India faces a challenge in generating sufficient jobs for the millions entering the workforce annually.
UK PM Rishi Sunak Expected To Visit India For Trade Deal, May Attend Ind-Eng World Cup Encounter
|UK Prime Minister Rishi Sunak is reportedly set to visit India in the last week of October, with the potential for him to attend an India-England cricket match and conduct discussions on the India-UK free trade agreement (FTA).
JP Morgan's Jamie Dimon Applauds PM Modi's Efforts To Strengthen Economy, Sees Big Potential In India
|Dimon also stressed on India's recent inclusion in JP Morgan's bond index, which is predicted to attract billions in foreign investment in the coming year.
From ₹200 To ₹14: The Dramatic Fall Of Tomato Prices In India
|India's tomato prices have experienced a significant decline, dropping from ₹200 per kilogram to a mere ₹14. This price fall has been met with relief by consumers, yet farmers are expressing concern over the development.
UK Scotch, Cars May Get Cheaper As India Pushes For Historic Trade Talks: Report
|Prime Ministers Narendra Modi and Rishi Sunak aim to double bilateral trade by 2030 through tariff cuts and market access improvements in what would be India's biggest free trade agreement ever.
As Food Inflation Soars Burger King Waves Goodbye To Tomatoes
|As India grapples with soaring food inflation, Burger King has removed tomatoes from its wraps and burgers in many of its outlets due to a quadrupling of prices, as per a Reuters report.
India Bars Use of Chinese Components In Military Drones In Self-Reliance Push: Report
|The decision aligns with India's broader strategy to reduce its dependence on Chinese imports, especially in light of the recent border tensions between the two countries.
More Bullish On Indian Markets Than On China: Morgan Stanley
|The upgrade by Morgan Stanley comes in light of the softening valuations compared to October 2022, when the brokerage had marked the beginning of a new bull phase in Asian and emerging market equities.
'Open to Chinese Investments', Says India's IT Minister Amid Scrutiny On China Firms
|This statement comes as India aims to leverage global supply chains shifting away from China, attracting suppliers to multinational companies such as Apple, Financial Times reports.
Petrol And Diesel Prices Could Climb Again — Thanks To Russia
|India's refiners could face higher costs for importing oil if Russia implements quotas on oil exports.
India Opts Out of Imposing Anti-Subsidy Tax On Some Chinese Steel Imports
|CVDs are additional taxes imposed on imported goods that are subsidised in their home country, thus potentially damaging the industries in the importing country.
Pakistan Gets Hope For Economic Recovery As It Receives First Tranche of IMF Bailout
|
Paycheck Peek: India's Average Salary And The Gender Pay Gap
|India's average salary is ₹1,891,085 per year, with a typical earning of ₹576,851, according to data from Average Salary Survey.
Week In Review: India's Tech Leap, Google's Legal Battle And Pakistan's Debt Troubles
|This week in the financial and tech sectors was marked by significant developments and strategic moves that could potentially reshape the landscape. From India's ambitious strides in the tech race to Google's legal battle against Amazon, to Pakistan's never-ending debt troubles, the week was filled with high-stakes drama and game-changing initiatives.
Rice To Join Tomatoes In Price Surge Amid Weather And Policy Shifts: Report
|As per a recent report by Reuters Asia, rice prices are set to rise due to weather conditions and changes in India's farm perks that threaten supply. This comes on the heels of a surge in tomato prices in India, exacerbating inflation concerns
India Ups Lending To Africa In Bid To Keep China Dominance In Check
|Over the past decade, 42 African nations have received around $32 billion (₹2.62 lakh crore) in credit from India, making up 38% of India's total credit extension.
India's Service Sector Powers Through Inflationary Pressure: Report
|The sector, which accounts for approximately 60% of the overall output, indicates that India's economy will continue to outperform many of its major peers in the coming quarters.
Indian Firms Get Thumbs Up From S&P, Expect Better Earnings Growth
|S&P predicts India's economic growth to be the highest in the region, with projected rates of 6.0% in 2023 and 6.9% in 2024.