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Tuesday, May 21, 2024
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Economy

Unplanned urbanisation may help India in lifting consumer shares

Govt efforts to create more jobs has lower odds of success than regular folk migrating to cities.

Indian economy makes a weak start in 2019

A pullback in exports and business activity indicate weaker investors’ confidence in the Indian market.

Iran strikes a sweet deal for its $12.6 billion oil money in India

India’s sugar for Iran’s oil complies with the condition that forbids direct transfers to Iran for a US waiver from sanctions.

Sensex drops 200 points after Pakistan violates Indian air space

The most affected companies are Vedanta, Tata Motors, HDFC, Kotak Bank, Infosys, Tata Steel, Yes Bank, Maruti Suzuki and RIL, falling up to 2.56 per cent.

RBI likely to cut policy rates twice more, says market expert

Neeraj Gambhir, former head of fixed income at Nomura Holdings Inc. for India said that rate cuts are possible as early as April.

Jhunjhunwala family office sees value in India’s downtrodden NBFCs

Singapore-based AJ Capital feels share prices of NBFCs have been penalised disproportionately & many decent quality firms will recover.

Reliance Jio faces Rs 15,000 crore loss over its handset subsidies

This would be a bigger deficit than those of its rivals Bharti Airtel Ltd. and Vodafone Idea Ltd.

Sensex ends 240 points lower after India carries out air strikes in Pakistan

The rupee depreciated 38 paise to 71.35 against the US dollar in early trade, and was still trading 9 paise lower over its previous close of 70.97

Rupee slides as IAF jets attack terror camps in Pakistan

Rupee declined for the first time in three days after geopolitical tensions escalated with Pakistan claiming airspace violation by its neighbour.

India misses out on investment boom due to election uncertainty

Investors have chosen to remain on sidelines due to global headwinds & political uncertainty spawned by upcoming elections.

On Camera

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.

‘Joint culture needed first’ — CDS Gen Chauhan outlines first steps on the road to theaterisation

ThePrint had reported earlier this month that while theaterisation is the ultimate goal, set to be rolled out one year from now, the focus is on structured jointness initiatives by 2024-end.

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'?