Saudi Arabia Transfers Aramco Shares Worth $80 Billion to State Fund
Saudi Arabia’s Crown Prince Mohammed Bin Salman has transferred 4 per cent of Saudi Aramco shares worth $80 billion to the kingdom’s sovereign wealth fund,...
Tag : Economy
Government Held Inflation at 6.2%, Says FM
Finance Minister Nirmala Sitharaman said that the retail inflation was contained at 6.2 per cent even after the Indian economy suffered the most significant contraction...
India’s Services Sector Grew Robustly in Nov
India’s services sector advanced robustly in November, supported by a strong recovery in local demand but raised price pressures are still a significant concern. India...
PM’s Advisory Body Sees 7.5% Growth in FY23
The economic advisory body to the PM has predicted India’s economy to grow 7-7.5 per cent in FY23 and asked for a clear map for...
India’s GDP Grows 20.1% in June Quarter of FY22
India’s economy grew in the June quarter occurred due to the low base of the record contraction and a strong recovery in manufacturing and construction....
India’s Manufacturing Sector Contracts in June
India‘s manufacturing sector activities contracted for the first time in 11 months in June as rising in coronavirus cases, and strict lockdown measures negatively impacted...
Fed to Start of Monetary Policy Shift Debate
Federal Reserve officials are expected to start the pending talks about when and how to exit from the crisis-era policies the US central bank put...
UK Inflation Reaches to 1.5% in April
UK consumer price inflation more than doubled in April. Consumer prices rose by 1.5 per cent in April, the Office for National Statistics said, following...
Credit Suisse Cuts India’s FY22 GDP Forecast to 8.5-9%
Credit Suisse has sharply lowered its real GDP growth forecast for this fiscal year to around 8.5-9 per cent, citing economic disruptions in the country...
Gold Prices Today Fall But Hold Near Record Highs, Silver Rates Rise
Today, Gold prices in India fell slightly but held above Rs 49,000 levels. On MCX, August gold futures fell 0.1 per cent to Rs 49,211 per 10...