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  • Europe has a plan to avert a sovereign-debt crisis July 28, 2023 10:37 AM IST

    Europe has a plan to avert a sovereign-debt crisis

    If only the union’s member states and parliament would approve it

  • Personal Finance | Is there one ‘best’ equity investment product? July 28, 2023 10:01 AM IST

    Personal Finance | Is there one ‘best’ equity investment product?

    AIFs and PMS schemes offer higher returns but also higher risk compared to mutual funds. Should high net worth investors still consider them and how should they select a suitable scheme?

  • The mantra to boost exports – globalise to localise July 28, 2023 09:49 AM IST

    The mantra to boost exports – globalise to localise

    State governments and the private sector should work together to create a competitive domestic ecosystem by removing unnecessary regulations, helping with technology transfer and supporting services, training workers, sharing information, investing in R&D and offering fiscal incentives

  • FM Nirmala Sitharaman meets delegation of Canadian Pension Plan Investment Board July 28, 2023 07:34 AM IST

    FM Nirmala Sitharaman meets delegation of Canadian Pension Plan Investment Board

    The delegation was led by CPPIB president and CEO John Graham.

  • Himanta Biswa Sarma inaugurates, lays foundation stone for infra projects worth over Rs 555 crore July 28, 2023 06:41 AM IST

    Himanta Biswa Sarma inaugurates, lays foundation stone for infra projects worth over Rs 555 crore

    On the other hand, he laid the foundation stone for development and improvement of roads, at a cost of Rs 417 crore, under Asom Mala scheme, a mini stadium in Barshangaon for which Rs 11.99 crore has been allocated and infrastructure development of Sri Raghunath temple at Srijangram for Rs 6.20 crore.

  • India asking for renegotiation of FTAs with Japan, South Korea: Piyush Goyal July 28, 2023 06:42 AM IST

    India asking for renegotiation of FTAs with Japan, South Korea: Piyush Goyal

    "Japan and Korea - we opened our markets for them. They have not allowed our exports to their country... What it was 10 years ago, it is the same today with Japan," Trade Minister Piyush Goyal said at an event in New Delhi.

  • US dollar gains as rate cuts doubts surface July 27, 2023 09:22 PM IST

    US dollar gains as rate cuts doubts surface

    The U.S. economy grew faster than expected in the second quarter as labor market resilience underpinned consumer spending, while businesses boosted investment in equipment, potentially keeping a recession at bay.

  • Weekly US applications for jobless benefits slide to lowest level in 5 months July 27, 2023 08:19 PM IST

    Weekly US applications for jobless benefits slide to lowest level in 5 months

    U.S. applications for unemployment benefits fell by 7,000 to 221,000 for the week ending July 22, from 228,000 the week before, the Labor Department reported Thursday.

  • Nomura pushes back RBI rate cut call by 4 months, hikes FY24 inflation forecast by 50 bps July 27, 2023 06:37 PM IST

    Nomura pushes back RBI rate cut call by 4 months, hikes FY24 inflation forecast by 50 bps

    While surging vegetable prices have pushed up the trajectory of headline retail inflation, Nomura economists see the momentum of core inflation - or inflation excluding food and fuel items - as having fallen sharply

  • SBI economists say India to be 3rd largest economy by 2027, advance estimate by 2 yrs July 27, 2023 05:40 PM IST

    SBI economists say India to be 3rd largest economy by 2027, advance estimate by 2 yrs

    In a note that comes a day after Prime Minister Narendra Modi exuded confidence of winning a third term and India galloping to being the third largest till 2029, SBI economists said India’s real GDP will grow at over 6.5 per cent in FY24.

  • Predictability in monthly tax devolution could benefit state finances July 27, 2023 05:21 PM IST

    Predictability in monthly tax devolution could benefit state finances

    Clarity on devolution will help the states to better plan their capex spending and also better assess their borrowing needs for the last two quarters of this fiscal

  • Moneycontrol Pro Panorama | Cipla, Dr Reddy’s deliver a pep pill for pharma stocks   July 27, 2023 03:58 PM IST

    Moneycontrol Pro Panorama | Cipla, Dr Reddy’s deliver a pep pill for pharma stocks  

    In today’s edition of Moneycontrol Pro Panorama: New Delhi needs strategic approach towards China, Colgate brings cheers to investors, Manipur situation should be resolved soon, a safety net for the gig workers, and more

  • $10-billion semiconductor PLI to help India do in a decade what China did in 25-30 years: Rajeev Chandrasekhar July 27, 2023 02:38 PM IST

    $10-billion semiconductor PLI to help India do in a decade what China did in 25-30 years: Rajeev Chandrasekhar

    The production-linked incentive scheme last year attracted firms like Vedanta and Taiwan's Foxconn, who promised multi-billion dollar investment in setting up units to manufacture chips, which are used in products ranging from mobile phones to cars.

  • US Fed should watch inflation. It could follow current economic upswing with a lag July 27, 2023 02:22 PM IST

    US Fed should watch inflation. It could follow current economic upswing with a lag

    Moderating core inflation shouldn’t, on its own, be enough to give Fed officials confidence that their job is done. Inflation will ultimately follow the trajectory of economic growth, which continues to surprise on the upside in the US. In this scenario, the Fed should consider further tightening of​ policy regardless of inflation forecasts for the rest of this year

  • SEBI’s overhaul makes reporting of material events tighter, timely and detailed July 27, 2023 09:48 AM IST

    SEBI’s overhaul makes reporting of material events tighter, timely and detailed

    While investors will benefit from the enhanced disclosures, the risk is that it could result in an information overload for them and a compliance nightmare for companies

  • Tech, easy access to borrower data fuelling rise in NBFCs’ unsecured loans July 27, 2023 08:40 AM IST

    Tech, easy access to borrower data fuelling rise in NBFCs’ unsecured loans

    The borrower-focused approach of NBFCs vis-à-vis their product-focused approach in the past has contributed to a jump in unsecured credit

  • Unleashing the Wonders of Modern Technology for MSME Success July 26, 2023 05:33 PM IST

    Unleashing the Wonders of Modern Technology for MSME Success

    Welcome to the second article based on the "Small Business to Smart Business" podcast series, presented by DBS Bank and Money Control.

  • GST Council likely to meet on August 2 to discuss online gaming tax treatment, law changes July 26, 2023 05:37 PM IST

    GST Council likely to meet on August 2 to discuss online gaming tax treatment, law changes

    The GST Council has no plans to reconsider its decision to impose 28 percent tax on online gaming, as per sources

  • Moneycontrol Pro Panorama | It’s raining buybacks July 26, 2023 03:18 PM IST

    Moneycontrol Pro Panorama | It’s raining buybacks

    In today’s edition of Moneycontrol Pro Panorama: US concerned of a India-China relationship thaw, mutual funds face investor headwinds, IT on correction mode after hiring excess, private infrastructure firms yet to bite big, and more

  • Coal index posts steep fall, indicates sufficient stock of fuel July 26, 2023 01:12 PM IST

    Coal index posts steep fall, indicates sufficient stock of fuel

    The National Coal Index (NCI) is a price index that combines coal prices from all sales channels, including notified prices, auction prices and import prices.

  • India open to Chinese investment, says Rajeev Chandrasekhar: Report July 26, 2023 01:07 PM IST

    India open to Chinese investment, says Rajeev Chandrasekhar: Report

    New Delhi ramped up scrutiny of Chinese businesses after a 2020 border clash between the two countries, banning more than 300 Chinese apps, including TikTok. India has also intensified scrutiny of investments by Chinese firms.

  • Gold, silver prices hold steady as investors await US Fed move on rates July 26, 2023 12:43 PM IST

    Gold, silver prices hold steady as investors await US Fed move on rates

    Gold imports have surged by 17.5 percent, reaching 65 tonne YoY; and gold consumption in the same period has risen by 16.37 percent, amounting to 554.88 tonne

  • The reshaping global order is Iranian economy's best chance in decades July 26, 2023 11:34 AM IST

    The reshaping global order is Iranian economy's best chance in decades

    Iran’s oil sales are at a five-year high as the US looks the other way despite sanctions. Iran is smartly undercutting Russia in selling cheaper oil and upset Saudi Arabia’s plan to profiteer from production cuts. The new world order being shaped amid the US-China battle for global supremacy equally belongs to countries charting independent paths

  • Global rice market set for government deals as India's ban curbs supplies July 26, 2023 11:31 AM IST

    Global rice market set for government deals as India's ban curbs supplies

    Buyers from Africa to Asia are likely to scramble for rice shipments as supplies tighten in coming months following India's decision last week to ban non-basmati white rice exports.

  • Oil companies pre-tax profit seen jumping three times to Rs 1 lakh crore this fiscal: Report July 26, 2023 10:57 AM IST

    Oil companies pre-tax profit seen jumping three times to Rs 1 lakh crore this fiscal: Report

    Crude price has fallen more than 30 per cent this fiscal so far from the year-ago period, yet oil companies have not reduced retail prices which have been unchanged since May 2022.