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Wednesday, August 20, 2025
TopicEconomy

Topic: Economy

Oil slides after IMF says slowing global growth engines portend tougher 2023

IMF Managing Director Kristalina Georgieva said Sunday that US, Europe and China are all slowing down simultaneously, making 2023 tougher than 2022 for the global economy.

I decided to reinvent myself in investment banking: Here’s what I did

Learn investment banking from the best mentors that are available. The right guys will teach you exactly what you need to rise to the top. They have presentation skills that could kill the competition.

GST Council agrees to decriminalise certain offences, doubles limit for launching prosecution

Council members agreed to raise the threshold of launching prosecution to Rs 2 crore from the present Rs 1 crore & GST on husk of pulses was reduced to 0 from 5 per cent.

Who is ‘Pappu’ now – TMC MP Mahua Moitra’s jibe over industrial output & other indicators

Referring to data released by the NSO, Moitra siad that while industrial output shrunk by 4% in October to a 26-month low, the manufacturing sector contracted by 5.6%.

State-run bank, two private lenders raise $2 billion via infrastructure bonds in 2 weeks

According to analysts, the move anticipates a revival in private capital expenditure and increased government spending.

US to China, increasing droughts are affecting supply chains badly. What you must know

More intense droughts are an inevitable consequence of climate change. Reducing their severity will only be achieved by restoring ecosystems.

India’s economic growth at 6.3% for second quarter, slower than previous months

Government capital spending increased more than 40% during the quarter as it stepped up expenditure on roads to railways, according to official data on Wednesday.

Optimism in short supply — why India’s economy might win the sprint, but lose the marathon

Indian economy is out-performing right now, but issues like unemployment, poor state of education & healthcare will show up in extensive stunting in children — tomorrow’s workforce.

Indian shares hit over one-month high as IT, auto stocks rise

Asian stock markets climbed Monday on hopes that the Fed might sound less aggressive about rate hikes.

Reliance reports flat profit amid export taxes and weak refining margins

The Indian government's decision to levy windfall tax on exports of gasoline, diesel and aviation fuels hit profit by 40.39 billion INR, Reliance said.

On Camera

India’s amphibious operations depend on contingencies. Can the Armed Forces adapt?

The declassified doctrine outlines the framework for planning and execution of amphibious operations by integrating maritime, air and land domains.

New insolvency frameworks to shorter timelines, how 2025 amendment bill proposes to transform IBC

New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.

China pushes for separation of border issue from larger bilateral ties at 24th round of talks with India

New Delhi: Chinese Foreign Minister Wang Yi Tuesday pushed for a “dual-track” progress for ties with India, separating economic ties from the boundary question,...

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?