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Posted in Economy

Why was ₹6 lakh crore shaved off last year’s GDP? Govt explains the numbers

The government on Wednesday rejected the claim that it revised down last year’s current-price GDP from ₹86 lakh crore to ₹80 lakh crore to make…

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Global markets fall as US-Iran strikes push oil prices and bond yields higher. (Pexel)
Posted in Business

Global stock markets fall as US-Iran strikes push oil to $95, bond yields surge, Fed rate hike bets rise

Global stock markets fell on Wednesday as fresh US airstrikes on Iran pushed oil prices to a five-week high. Investors grew worried that the conflict…

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Gold prices remain have come down across major Indian cities (REUTERS)
Posted in Business

Gold prices today: Check 22K, 24K rates in Delhi, Bengaluru, Chennai, Mumbai

Gold prices have witnessed a sharp decline across major Indian cities over the past week. In Delhi, 24-carat gold has dropped from ₹1,63,242 per 10…

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Posted in Economy

View: Leveraging monetary policy for India’s youth

The encouraging results of the GDP growth in the first quarter have brought all-round cheer and have reinforced the market sentiments. Government’s persistent and targeted…

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Apple Inc. had disclosed in April that Cook will step down as CEO and take over as executive chairman of the company's board. (File Photo/AFP)
Posted in Business

How much will Apple pay new CEO John Ternus, executive chairman Tim Cook – A breakdown of their salaries

In a landmark leadership transition at Apple Inc., John Ternus officially took charge as Chief Executive Officer on Tuesday, concluding Tim Cook’s 15-year-long tenure. Following…

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Posted in Economy

Japanese Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+

New Delhi: Japanese Credit Rating Agency (JCRA) has upgraded India’s sovereign rating to A- from BBB+, citing the country’s solid economic growth, effectiveness of its…

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The sun has set behind the buildings of the banking district and the European Central Bank, right, in Frankfurt, Germany, Tuesday, Sept. 1, 2026. (AP Photo/Michael Probst)
Posted in Business

Europe’s bond markets are suffering a post-holiday shock

INVESTORS INTERESTED in euro-denominated government bonds face some peculiar challenges. For starters, they have 21 euro-zone countries to choose from, in addition to the EU’s…

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The agency expects India to retain a high growth rate of over 6 per cent in FY2027. (Reuters)
Posted in Business

Japanese credit rating agency upgrades India’s sovereign rating to A- from BBB amid strong economic growth

Japanese Credit Rating Agency (JCRA) has upgraded India’s sovereign rating to A- from BBB , citing the country’s solid economic growth, robust private consumption and…

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Posted in Economy

India’s soyoil imports hit record high in August and palm six-month peak, dealers say

Indian refiners imported a record amount of soyoil ​in August and the ​highest volume of palm oil in six months as they ​built stocks ahead…

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Refurbished phones (Official Image)
Posted in Business

As new phones get costlier, Indians are turning to refurbished options

At a time when buying a new smartphone is proving dearer to the pocket, consumers are increasingly considering refurbished phones as a viable alternative. Counterpoint…

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