India's Policy Rate Hike Cycle To Be Shallower Than US: Ratings Body
Asian News International | Monday June 27, 2022, New DelhiAiming to view to addressing high inflation in the US, America's central bank has recently hiked policy rates by a steep 75 basis points
Are Inflation Prospects Tapering? Bad News Is Now Good News For Markets
Edited by Rahul Karunakar | Sunday June 26, 2022Global markets: Bad news for the financial markets now appears to be quickly turning into good news.
Cannot Have 'Intolerable Growth Sacrifice' To Tame Inflation: RBI Member
Edited by NDTV Business Desk | Sunday June 26, 2022Reserve Bank of India Monetary Policy Committee (MPC) member Jayanth Varma said there should not be 'intolerable growth sacrifice' to tame inflation abruptly.
India Aims To Dominate Global Market In All Industries, Says Piyush Goyal
Press Trust of India | Saturday June 25, 2022, New DelhiUnion Minister Piyush Goyal said India would "very soon" become a $30 trillion economy from the current $3 trillion level.
Why Margin Calls And Bot Liquidations Are Roiling Crypto
Olga Kharif, Bloomberg | Saturday June 25, 2022Its a vicious circle long familiar to those in traditional finance: trades made with borrowed money coming apart when the value of their collateral put up against the loans drops, forcing liquidations that in turn push prices down further.
Global Stocks' Gains Sharp For The Week On Tempered Inflation Outlook
Edited by Rahul Karunakar | Saturday June 25, 2022A recent decline in commodity prices allayed concerns about inflation and the prospect of rate hikes, causing stocks on international markets to surge on Friday and post significant gains for the week.
Maharashtra Ministerial Delegation Meets Foxconn Chief, Discusses Investment Plans
Edited by Animesh Singh | Friday June 24, 2022A high-powered delegation from Maharashtra led by Industries Minister Subhash Desai met electronics manufacturer Foxconn's chairman Young Liu
RBI Charts Out Plan For IT Services Outsourcing By Banks
Asian News International | Friday June 24, 2022, New DelhiRegulated entities have been extensively leveraging IT and IT-enabled services to support their business models and services offered to customers
Retail Inflation May Exceed Top Of RBI Band Until December: Shaktikanta Das
Reuters | Friday June 24, 2022, MumbaiIndia's central bank is on course to bring down prices but the retail inflation rate is likely to remain above the top end of its mandated target band until December, Governor Shaktikanta Das said in an article in the Times of India on Friday.
Your Markets Roundup After The Opening Bell: Global Stocks Up
Edited by Rahul Karunakar | Friday June 24, 2022Investors on Friday increased their bet that central banks would reign in inflation, sending stocks and bonds on their way to their first weekly gains in a month, but growth concerns hurt commodities.
No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
Press Trust of India | Thursday June 23, 2022, MumbaiGovernment can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices
GST Council Meet: States To Push For Compensation Beyond June
Press Trust of India | Thursday June 23, 2022, New DelhiTo meet the shortfall in the GST compensation fund, the Centre has borrowed and released to states Rs 1.1 lakh crore in 2020-21
India's Engineering Exports Rose 13.5% In May, US Emerges Top Buyer
Asian News International | Thursday June 23, 2022, New DelhiExports of engineering goods from India surged by 13.5 per cent to $9.79 billion in May 2022 from $8.62 billion recorded in the same month last year
India Cannot Cut Budget Deficit This Year As Per Plan: Report
Reuters | Thursday June 23, 2022India's government won't be able to cut its budget deficit in the current fiscal year as previously projected, officials said, but will seek to cap the shortfall at last year's level to prevent a major deterioration in public finances.
Government Removed 32,000 Unrequired Compliances: Prime Minister Modi
Edited by Animesh Singh | Thursday June 23, 2022Prime Minister Narendra Modi on Thursday said that Government has removed over 32,000 unnecessary compliances