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Posted in Economy

Focus should be on price stability as supply shocks rise, says BIS chief Pablo Hernández de Cos

Central banks need to monitor the potential second-round effects coming from increasing energy prices, according to Bank for International Settlements or BIS chief Pablo Hernández…

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Fifty Districts Drive a 3rd of Informal Economy, Women Lead the Way in 25
Posted in Economy

Fifty districts drive a third of the informal economy, women lead the way in 25; GVA per worker exceeds all-India average of Rs 1.6 lakh in 280 districts

New Delhi: Fifty districts across India including Bihar, Gujarat, Karnataka, Maharashtra, Tamil Nadu and Uttar Pradesh account for nearly one-third of total establishments and gross…

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Posted in Economy

SEZ Port City Colombo woos tech cos to derisk India ops

New Delhi: China-backed Port City Colombo, a multi-services special economic zone, is courting US- and Europe-based technology companies with operations in India that are seeking…

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The iPhone Duo. (Vishal Mathur / HT Photo)
Posted in Business

iPhone Duo price reality check: Duties, GST and what the numbers really mean

There are a few certainties. Death. Taxes. And people comparing the iPhone pricing between the US and India markets. Quite often, pre-tax US pricing, with…

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US stocks fall as oil prices rise above $100 a barrel. (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
Posted in Business

Stock market fall: S&P 500, Dow, Nasdaq slide as oil tops $100, yields rise

US stocks fell on Thursday, as investors worried about higher oil prices, rising Treasury yields and new inflation data. The Dow Jones Industrial Average fell…

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IMF says India remains growth engine for world, monitoring impact of higher oil prices
Posted in Economy

IMF says India remains growth engine for world, monitoring impact of higher oil prices

India remains a growth engine for the global economy, the spokesperson for the International Monetary Fund said ‌on ⁠Thursday, noting ⁠that India’s second-quarter growth of…

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Fashion brand Theater raises Rs 75 crore at Rs 410 crore valuation
Posted in Startups

Fashion brand Theater raises Rs 75 crore at Rs 410 crore valuation

Fashion brand Theater has raised Rs 75 crore in a round led by Niveshaay, with participation from Physis Capital and existing investor Prath Ventures. The…

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RBI announces 26-day VRRR auction to absorb Rs 5 lakh crore surplus liquidity
Posted in Economy

RBI announces 26-day VRRR auction to absorb Rs 5 lakh crore surplus liquidity

Kolkata: The Reserve Bank of India will hold a 26-day variable rate reverse repo auction on Friday with a target to drain out Rs 5…

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Windscreen replacement and repair business Belron employs around 32,000 people in 42 countries.
Posted in Business

Autoglass owner Belron explores potential listing

Autoglass owner Belron is exploring strategic options for the business, including a potential stock market listing. Windscreen replacement and repair business Belron employs around 32,000…

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Posted in Economy

India’s new-age economy to triple to $300 billion by FY31: Redseer report

New Delhi: India’s new-age economy is projected to triple to USD 300 billion in revenue by financial year 2030-31, closely approaching the scale of the…

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