India likely to remain one of Asia's fastest-growing emerging market economies this decade, even as fresh US tariffs weigh on some industries, as per BMI, a Fitch Solutions firm.
The government has decided to buy 2 mt in the first week of August and will likely buy another 2 mt by September 4
Speedy roll out of export promotion mission for 5 years, restoration of older schemes for shorter duration under consideration
In a post on X (formerly Twitter), the CEO of India’s largest brokerage reflected on how far things have come. “I still remember that around 2014-15, only 2-3% of our customers were women. Today, that number is about 30%,” he shared.
Trade feels that CCI may have to reduce its prices more to make it attractive for the mills
Ambani has indicated previously that the new energy business will be the next growth driver, ramping it up to the size of its dominant oils-to-chemicals business
American economist Richard Wolff said the United States is “shooting itself in the foot” by pretending to act tough against India with 50% penalty tariffs on its exports.
India’s total milk production to be at 628 mt by 2047, with a surplus of 100 mt
Products below Rs ₹2,500 could attract 5 per cent GST as against the existing 12 per cent and those above ₹2,500 may be placed in 18 per cent slab in place of 12 per cent
In a sign of economic resilience amidst a slowdown, US jobless claims have dipped slightly, indicating companies are retaining staff. Though hiring has cooled since spring, layoffs remain low, creating a 'no hire, no fire' scenario.
Federal Reserve governor Lisa Cook is challenging her dismissal by Donald Trump in court, alleging it threatens the Fed's independence. Trump cited mortgage fraud allegations as the reason, but Cook claims it's a pretext to install a lo ...more
15 reservoirs filled to the brim, as 6% per cent surplus rain help improve the storage
All regions have recorded rainfall above the LPA except East and North-East India, which reported deficient rain of 17 per cent. Rainfall in North-West India was recorded at 19 per cent above LPA, followed by Central India at 9 per cent above LPA and the South Peninsula at 5 per cent above LPA.
The 50 MW/ 200.6 MW hour (MWh) facility in Bikaner (Rajasthan) is Serentica’s first BESS project, which is expected to be commissioned by the end of 2025 calendar year (CY)
Bankers fear that if exporters stop receiving orders from their US clients, their ability to service loans will get severely affected, triggering loan defaults
Prosus, which currently owns 3–4 per cent in Rapido, could significantly raise its holding if the round materialises.
Growth in capital and consumer goods, and manufacturing see record highs; power sector recovers after two months of contraction, but mining continues to contract; overall positives for investment, says economist
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