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Monday, May 20, 2024
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Economy

Why Ladakh is unlikely to gain much when it becomes a Union Territory

With most of the former J&K state’s physical assets in the Jammu and Kashmir regions, Ladakh can only stake claim to financial assets that are not in good health.

Why even rumours of RBI selling India’s gold trigger panic about state of the economy

With 618.2 tonnes of gold holdings as of August-end, RBI is one of the top 10 central banks in the world in terms of gold reserves.

Mukesh Ambani readies India’s Alibaba with $24 billion holding firm

Ambani’s move is latest sign of Reliance’s pivot toward data & digital services for future growth, as it builds platform to take on Amazon & Flipkart.

Indians are buying less gold and millennials are partly to blame

The world’s most important gold market isn’t what it used to be. Just a decade ago, India’s hunger for gold jewellery and bullion meant it...

India’s economic slump is structural, not just cyclical

The Indian economy is facing a perfect storm, beset by a combination of cyclical and structural factors that makes recovery doubly difficult.

Diwali trading brings cheer to Indian stock market as large companies offer recovery hope

Tradition of seeking Goddess Lakshmi’s blessings took on added purpose this year as investors pray the govt’s recent steps revives economic growth.

6 months after Jet Airways was grounded, 33% of its slots are still vacant at airports

The Jet Airways slots are vacant at some prominent airports such as the ones in Chennai, Guwahati, Kolkata, Jodhpur, Pune, Lucknow and Indore.

India’s forex reserves touch life-time high of $440 billion-mark, up by $1.04 billion

The RBI said the value of the gold reserves increased by $82 million to $26.861 billion for the week.

It’s easier to do business under Modi govt, but tougher to file taxes & register property

India has risen to 63rd spot in the World Bank’s overall ease of doing business rankings, but on some parameters, it has slipped since 2013-14.

High gold prices, economic slowdown dulls Dhanteras sales

Gold sales in the run up to Diwali, which is usually a busy time, were down about 40% from last year.

On Camera

Nancy Tyagi at Cannes is instantly iconic. Commenting on Aishwarya Rai is so last decade

Her saree could easily give Sabyasachi’s Met Gala creation a run for his money. Alia Bhatt’s ‘Garden of Time’ saree was a product of 163 artisans, Tyagi is a one-woman show.

What’s geopolitical recession? World seems to be heading for one

The long-term rise of China and the 'Global South', combined with a decline of European and Japanese economic power is driving a fundamental shift.

With defence push, India looks to capture markets in Africa beyond western Indian Ocean

India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.      

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?