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Saturday, May 4, 2024
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Economy

Emerging markets investor Mark Mobius warns RBI against raising interest rates

Mobius further said that a cut in borrowing rates would increase investments and help Indian states with diverse economic situations.

Moody’s says recent GST rate cut will put extra pressure on India’s fiscal consolidation

The ratings agency estimated a revenue loss of around Rs 8,000-10,000 crore due to the GST cut.

Indian companies break past records, log $98 billion in foreign investment deals

Overseas buyers from Walmart to France’s Schneider Electric SE have made multi-billion-dollar bets in India.

The animal spirits of the Indian economy seem to be reviving

India's economic indicators show positive signs amid imminent global trade wars and market constraints.

Quit your job, enjoy a break. Don’t wait to retire because it might be too late

There’s logic behind a mid-career break. With longer lives come longer careers & longer retirements—the first so you can afford the second.

Rising inflation worries could push RBI to raise interest rates again

Surge in oil prices & a falling rupee are mounting pressure on the central bank to act soon while inflation keeps rising.

War of Words With Donald Trump Is Least of Worries for Iranians

Fiery exchanges between Trump and Rouhani has heightened fears among Iranians that things are only about to get worse.

RBI steps in after India’s forex reserves soon to dip below $400 billion

The reserves, however, are sufficient enough to cover for the next nine months of import requirements, and policy makers are not worrying too much as of now.

New Jersey radio hosts apologise after making ‘Turban Man’ joke on Sikh attorney

Two radio jockeys, Dennis Malloy and Judi Franco, have been suspended for 10 days after their remark.

India bond market a ‘good entry point’ right now, says fund manager at Nomura

Nomura manager Takashi Mishima says the market has already priced in much of the potential rate hikes.

On Camera

Manusmriti in a London church? 18th-century Britain’s Indomania loved everything Hindu

Sir William Jones’ monument with Hindu religious imagery was accommodated in a Christian church as independently validated proof of the truth of Christianity.

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.