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‘The concern that the IMF has expressed, and which underlies the lowly ‘C’ grade, is not going to be hastily resolved’ | Photo Credit: Getty Images/iStockphoto The release of the national accounts data for Quarter 2 recently was also one that coincided with serious concerns being expressed by the International Monetary Fund (IMF) about the…
Read More “A critical story that a chunk of the media missed” »
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar. File | Photo Credit: ANI RBI Deputy Governor T. Rabi Sankar ruled out the need for stablecoins as they do not “appear to have” a promise to pay, which is the feature of a sovereign currency, while speaking at a media event on Friday (December…
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Image used for representational purposes only. File | Photo Credit: Reuters Paving the path for further export of coal, the Union Cabinet announced it has approved a policy that allows coal acquired through auctioning to be utilised for any industrial use and export. For perspective, the current policy allows it to be utilised only for…
Read More “Union Cabinet allows for exporting coal up to 50% of received allocation” »
Image used for representational purposes only. File | Photo Credit: Reuters Paving the path for further export of coal, the Union Cabinet announced it has approved a policy that allows coal acquired through auctioning to be utilised for any industrial use and export. For perspective, the current policy allows it to be utilised only for…
Read More “Union Cabinet allows for exporting coal up to 50% of received allocation” »
For the second day, the BSE index sensex and the NSE index nifty, surged | Photo Credit: PTI Benchmark stock index Sensex rallied nearly 450 points while broader index Nifty closed above 26,000 level on Friday (December 12, 2025) following buying in metal shares and positive global trends. Rising for the second day, the 30-share…
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Union Minister of Commerce and Industry Piyush Goyal with New Zealand’s Minister of Trade and Investment Todd McClay. File | Photo Credit: PTI India and New Zealand on Friday (December 12, 2025) discussed ways to fast-track negotiations for the proposed Free Trade Agreement (FTA) between the two countries. New Zealand Trade Minister Todd McClay is…
Read More “India, New Zealand discuss ways to fast-track FTA talks” »
The RBI had cut key policy interest rates by 25 bps to 5.25%, saying that the Indian economy is in a “rare Goldilocks period” marked by high growth and low inflation. File | Photo Credit: The Hindu Retail inflation inched up to 0.71% in November on rising prices of vegetables, protein-rich items, and fuel, government…
Image used for representational purpuse only. | Photo Credit: Reuters The rupee depreciated by 9 paise to close at an all-time low of 90.41 against the U.S. dollar on Friday (December 12, 2025), as uncertainty over the India-U.S. trade deal and persistent foreign fund outflows dented investor sentiment. Forex traders said the rupee is under…
Read More “Rupee slumps 9 paise to close at an all-time low of 90.41 against U.S. dollar” »
Image used for representational purpose only. | Photo Credit: Getty Images/iStock Photos Mercedes-Benz India on Friday (December 12, 2025) said it will hike vehicle prices by up to 2% from January in order to offset the impact of weakening rupee value against the euro. The price correction, capped at 2%, reflects sustained forex pressures that…
Read More “Mercedes to hike vehicle prices by up to 2% to offset impact of weakening rupee” »