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Equity benchmark indices tanked in early trade on April 19, taking their losing streak to the fifth day running, as escalating tensions in the Middle East weighed heavily on investors’ sentiment. Fresh foreign fund outflows, uptick in Brent crude oil prices and decline in IT stocks also added to the overall weak sentiment in equities….
Read More “Markets tank in early trade as Middle East tensions flare-up” »
Solar panels in the Pavagada Solar Park, Karnataka. | Photo Credit: Getty Images Modern economic growth and rising demand for goods at relatively lower prices have led to inevitable exploitation of nature, and consequent climate change. There is no denying that unfettered capitalism has contributed to over extraction of natural resources and increasing emission of…
Read More “Room for optimism: review of Akshay Rathi’s Climate Capitalism” »
Solar panels in the Pavagada Solar Park, Karnataka. | Photo Credit: Getty Images Modern economic growth and rising demand for goods at relatively lower prices have led to inevitable exploitation of nature, and consequent climate change. There is no denying that unfettered capitalism has contributed to over extraction of natural resources and increasing emission of…
Read More “Room for optimism: review of Akshat Rathi’s Climate Capitalism” »
Image used for representative purpose only. | Photo Credit: SANDEEP SAXENA India’s pulses imports in fiscal 2024 surged 84% year-on-year to their highest level in six years after lower production prompted India to allow duty-free imports of red lentils and yellow peas, government and industry officials said on Thursday. Higher imports by India, the world’s…
Read More “India’s FY24 pulses imports hit 6-year high as red lentil purchases jump” »
For representative purposes | Photo Credit: Getty Images The story so far: The failure of private investment, as measured by private Gross Fixed Capital Formation (GFCF) as a percentage of gross domestic product (GDP) at current prices, to pick up pace has been one of the major issues plaguing the Indian economy. Private investment witnessed…
Read More “Why have private investments dropped? | Explained” »
National Stock Exchange. File. | Photo Credit: REUTERS The National Stock Exchange (NSE) on Thursday said it will introduce derivative contracts on Nifty Next 50 index from April 24. The Nifty Next 50 index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies. In a statement, NSE said it “has received approval…
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International Monetary Frund Director of the Asia and Pacific Department Krishna Srinivasan holds a press briefing at IMF headquarters during the IMF/World Bank Spring Meetings in Washington, D.C. on April 18, 2024. | Photo Credit: AFP India should focus on investing heavily in education and health to ensure that its growing , young population is…
Read More “India must invest more in education, health to capitalise on demographic dividend: IMF” »
A saleswoman arranges gold necklaces inside a jewellery showroom in Kochi. File | Photo Credit: REUTERS Gold prices fell from an all-time high level and traded lower by ₹250 at ₹73,700 per 10 grams in the national capital on April 18 amid a decline in the yellow metal’s rates in the global markets, according to…
Read More “Gold falls ₹250 to ₹73,700 per 10 grams; silver stays flat” »
Equity benchmark indices Sensex and Nifty faced heavy volatility on April 18 and ended lower, taking their losing streak to the fourth straight session, dragged by bank stocks and foreign fund outflows. Concerns over fading rate cut hopes and persisting FII fund exodus from domestic equities also dampened investors’ sentiment. The 30-share BSE Sensex declined…
Read More “Markets face heavy fluctuations; settle lower taking downtrend to 4th day” »
Image used for representative purpose only. | Photo Credit: REUTERS The rupee rebounded from its all-time low levels and appreciated 6 paise to close at 83.55 (provisional) against the U.S. dollar on Thursday, as the American currency and brent crude oil prices retreated from their elevated levels. At the interbank foreign exchange market, the local…
Read More “Rupee rises 6 paise to close at 83.55 against U.S. dollar” »
