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Economy

“Looking at ways to bring down overall debt”: Nirmala Sitharaman at KEC 2023

New Delhi , October 20 (ANI): In a candid and forward-looking address at the Kautilya Economic Conclave 2023, Finance Minister Nirmala Sitharaman delved into...

Finance Minister Nirmala Sitharaman highlights global institutions declining effectiveness at Kautilya Economic Conclave 2023

New Delhi , October 20 (ANI): During the inaugural session of the Kautilya Economic Conclave 2023, Finance Minister Nirmala Sitharaman expressed her concerns about...

Buoyant dollar threatens 150 yen as benchmark Treasury yield climbs

By Rae Wee SINGAPORE (Reuters) - The dollar was within a hair's breadth of the closely watched 150 yen level on Friday, buoyed by a surge in the U.S. 10-year Treasury yield which briefly reached 5%

Jan-Dhan scheme biggest instrument of financial inclusion: FM Sitharaman

New Delhi, Oct 20 (PTI) Finance Minister Nirmala Sitharaman on Friday said the Pradhan Mantri Jan-Dhan Yojana (PMJDY), launched in 2014, has emerged...

Red opening marks a challenging start for Indian stock market amidst global headwinds

Mumbai (Maharashtra) , October 20 (ANI): The stock market faced a daunting challenge as it opened in the red on Friday, failing to sustain...

Gold scales 3-month peak as Middle East conflict lifts demand

By Brijesh Patel (Reuters) - Gold prices hit a three-month high on Friday and were set for a second straight weekly gain, with demand bolstered by the Middle East conflict and expectations that the

Oil on track for second week of gains on Gaza contagion fears

By Florence Tan and Sudarshan Varadhan SINGAPORE (Reuters) -Oil prices extended gains on Friday and were on track for a second week of increases on heightened fears that the Israel-Gaza conflict may

Wealthy shoppers or weak supply chains? What’s driving Haryana’s soaring inflation rate

Haryana saw 2nd-highest inflation rate in India last month. State govt pegs it on ‘purchasing power’, opposition on ‘mismanagement’, and economists on food prices & poor supply chains.

Asian shares hit 11-month low on Middle East anxiety, surging yields

By Stella Qiu SYDNEY (Reuters) - Asian shares plumbed a fresh 11-month trough on Friday as fears of a regional conflict in the Middle East intensified and as a relentless rise in long-term U.S. yields

Indian SMEs embrace digitalisation, sustainability: FICCI

New Delhi , October 19 (ANI): The FICCI Report on Small and medium-sized enterprises (SMEs) in India was conceptualised to assess the awareness of...

On Camera

Prajwal Revanna case shows why and how sexual crimes by men in politics can go unchecked for years

It would be a disservice to the women of Hassan to look at Prajwal Revanna’s alleged abuse of power as a ‘sex scandal’. Allegations against him show what ‘absolute power corrupts absolutely’ actually means.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

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.