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...
Category : ECONOMY
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...
India’s Sugar Exports Reaches 4.25 Million Tonnes This Year
Sugar mills in India have exported 4.25 million tonnes so far in 2020-21. Mills have also contracted to export 5.85 million tonnes of sugar so...
India Retail Inflation Likely Rose to 5.30%
India’s retail inflation likely rose last month after a three-month low in April, lifted by higher food and energy prices, but stayed within the Reserve...
GST Collection Up 65% in Month of May
The Goods and Service Tax (GST) collection in May came in at Rs 1.02 lakh crore, official data by the Finance Ministry showed on June...
India’s Forex Reserves Rises Around $600 Billion, Says RBI
The Reserve Bank of India (RBI) announced during its Monetary Policy on June 4 that India’s forex reserves have risen to $598 billion. “The strength...
