Every $10 increase in crude prices impacts the Current Account Deficit (CAD) to the tune of 40 basis points while the same on fuel inflation is 50 bps and also results in 23 bps decline in growth Our BureauMumbai/New Delhi...
The burden of inflation is more on the poor as the price of essential items, such as food and fuel, occupy a greater share in the consumption basket of lower income classes Our BureauNew Delhi/Mumbai The Reserve Bank of India...
Initial Public Offer fund-raising declined by 32 per cent in the first half of the current fiscal to Rs 35,456 crore by 14 main-board issues Our BureauNew Delhi/Mumbai The Indian rupee weakened by 37 paise to hit a new all-time...
Union Minister Piyush Goyal visit San Francisco and Los Angeles to attend the first IPEF ministerial meeting; meets US Trade Representative Katherine Tai Our BureauSan Francisco/New Delhi Union Minister for Commerce and Industry Piyush Goyal on Friday said that a...
Apple is incorporating a limited type of satellite communication into new iPhones, allowing users to send an SOS even when they are disconnected from the internet, with no dish necessary. While it does not allow normal data, phone, or text...
Private investment will soften due to higher cost of borrowing for firms as the RBI continues to raise policy rates to contain inflation Our BureauNew Delhi Asian Development Bank (ADB) on Thursday trimmed India's economic growth forecast for current fiscal...
For Chauhan, an IIT and IIM alumnus, this will be a homecoming of sorts, as he was part of the team that set up the NSE. He started his career at IDBI Bank, before moving to the NSE. Our BureauMumbai...
Billionaire investor Rakesh Jhunjhunwala-backed Akasa Air has got the air operator certificate from the DGCA, and it will begin flying by the month-end Our BureauNew Delhi/Mumbai India's international air passenger volumes are likely to reach 96-97 per cent of the...
Gold prices are expected to trade in a narrow range until some clarity arises in the key interest rates and other monetary policy measures in the US Our BureauNew Delhi/Mumbai Indian currency rupee on Wednesday touched yet another fresh low...
Director of Reliance Industries Ltd. Nita Ambani said that they have a 'Mission to take IPL to cricket fans in every part of the world' Our BureauMumbai The IPL TV and digital rights for the 2023-2027 cycle have been sold...
