EAC-PM gets new head, part time members
Shuffling the Deck: A New Hand at the Economic Advisory Council to the PM So, the economic landscape feels… dynamic, doesn’t it? It’s a polite ...
Sensex up 747 pts on ‘jumbo’ rate cut, eco growth thrust
The Sensex surged by 747 points, closing at 82,189, following the RBI’s unexpected 50 basis points interest rate cut, which is expected to stimulate economic ...
Infosys gets clean chit in Rs 32k crore GST case
Infosys has announced the closure of pre-show cause notice proceedings by the Director General of GST Intelligence (DGGI) regarding a Rs 32,000-crore tax controversy. The ...
Rate-cut boost: Rupee jumps 11 paise to 85.68 against dollar; market rally and CRR cut lift sentiment
The rupee strengthened to 85.68 against the US dollar following a surprise 50 basis point repo rate cut by the RBI. This move, coupled with ...
Forex check: India’s reserves dip by $1.24 billion to $691.49 billion in May-end; RBI says buffer still strong
India’s foreign exchange reserves decreased by $1.24 billion to $691.49 billion in the week ending May 30, according to RBI data. Despite this dip, the ...
Govt keeps tabs on US tariff concessions to other nations
The US is Playing Favorites (And India’s Keeping a Close Eye) So, the word around the trade water cooler is that Uncle Sam might be ...
UP among best fiscally managed states despite low per capita income: Finance Commission chief
Arvind Panagariya, Chairman of the 16th Finance Commission, lauded Uttar Pradesh’s financial management, highlighting its strong tax collection relative to GSDP and adherence to fiscal ...
Rupee drops 29 paise to close at 85.90 against US dollar amid risk-off mood, FII outflows
The Indian rupee weakened for the second consecutive session, closing at 85.90 against the US dollar due to risk aversion and foreign fund outflows. The ...
Vedanta to raise Rs 5,000 crore via NCDs; offers up to 9.45% coupon
Vedanta Ltd is poised to raise up to Rs 5,000 crore through private placement of secured non-convertible debentures (NCDs). The offering, with staggered maturities, features ...
India’s services sector maintains strong momentum in May; job creation hits record high
India’s services sector performed well in May. The HSBC India Services PMI Business Activity Index increased. This indicates growth in activity, hiring, and international demand. ...
