UBS Securities Up Average Inflation Print to 5%
After the consumer price index (CPI) jumped the 6.3 per cent mark in May and wholesale inflation reached a record of 12.94 per cent, economists...
Category : ECONOMY
Oil Climbs US Crude Stocks Boosts Demand
Oil prices climbed on June 24 after a sharp reduction in the United States crude and gasoline stocks reinforced optimism of a quick recovery in...
Moody’s Cuts India Growth Forecast For 2021 to 9.6%
Moody’s Investors Service on Wednesday forecasted India’s growth to 9.6 per cent for the 2021 calendar year, from its earlier estimate of 13.9 per cent,...
Assam Govt Signs MoU With Survey of India
The Assam government signs a Memorandum of Understanding (MoU) with the Survey of India for implementing the Svamitva Scheme in the state, aiming to provide...
Nomura Index Rises to October Levels
The Nomura India Business Resumption Index (NIBRI) picked up to 81.3 for the week ended June 20, from 74.9 recorded a week earlier, the firm...
Oil Falls About 2% From Multi-Year Highs
Crude oil prices fell about 2 per cent from their highest level in the year on June 17 as the dollar strengthened after the US...
India Holds Proposal to Cut Import Tax on Edible Oils
India has hold a proposal to cut import taxes on edible oils as cooking oil prices started to decrease in the world market after hitting...
Oil Prices Remain Unchanged After Hitting Two-Year High
Oil prices ended mostly unchanged on June 14, after hitting their highest levels in more than two years, as growing US crude production and Britain’s...
PE And VC Investments Falls to $3.6 Billion in May
Private equity (PE) and venture capital (VC) investments more than halved to $ 3.6 billion in May 2021 when compared to the preceding April’s $...
RBI to Invest in Top-Rated Foreign Corporate Bonds
The Reserve Bank of India (RBI) is assessing the option of investing in top-rated foreign corporate bonds to generate higher yields. If the plan is...