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Posted in Economy

RBI’s liquidity test may set future course

Mumbai: The outcome of the 30-day variable rate reverse repo (VRRR) auction to absorb ₹7 lakh crore will be a key determinant of how the…

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US markets watch CPI, Apple event and Oracle earnings (REUTERS)
Posted in Business

US stock market gears up for US CPI, Apple event and Oracle earnings: What to watch

US inflation data will be the biggest market focus this week. The August Consumer Price Index (CPI), due Friday, will be one of the final…

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Posted in Economy

Govt mandates manual verification of imported drugs and medical devices due to SWIFT 2.0 system gap

The Centre has asked customs officers to manually verify licences, permissions and registration certificates before clearing imported drugs, medical devices, cosmetics and a wide range…

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Finmin Secures $1 Billion IFC Funding for MSMEs
Posted in Economy

Finmin secures $1 billion IFC funding for MSMEs; $500 million already released to Sidbi

New Delhi: India has secured $1 billion in funding from the International Finance Corporation (IFC) to help banks and financial institutions provide more long-term credit…

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OPEC+ keeps oil output unchanged as Iran war pushes Brent crude closer to $100. (Pexel/Representative image) (Pexel)
Posted in Business

Why OPEC+ kept oil output unchanged as Iran war pushes Brent toward $100

OPEC+ decided to keep its oil production policy unchanged for October at a meeting on Sunday. The decision comes as the group faces a highly…

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Fidelity 401(k) millionaires rise as Americans continue saving for retirement. (Pexel)
Posted in Business

How did 769,000 Americans become 401(k) millionaires despite rising retirement worries?

The number of 401(k) millionaires has hit a record high.The number of Fidelity Investments 401(k) accounts with at least $1 million reached 769,000 in the…

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S&P 500 faces risks as high valuations and rate hike fears worry investors. (Getty Images via AFP)
Posted in Business

Why is the S&P 500 at risk of a crash? CAPE ratio, Fed rates and Trump policies raise concerns

The S&P 500 is close to a record high, but investors may have a reason to be careful. The index is near its all-time high…

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Donald Trump wants lower US interest rates as inflation pressures grow. (AFP)
Posted in Business

Why can’t Trump get the low interest rates he wants? Inflation, AI explain

Donald Trump wants much lower interest rates, but inflation is making that difficult. President Trump has repeatedly criticized the Federal Reserve for not cutting interest…

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Posted in Economy

Engineering goods exporters seek mandate on carbon emission certificate under EU norms

New Delhi: Engineering goods exporters have sought a mandate from the government on carbon emission certificates as without it, small companies would be unable to…

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Posted in Economy

Govt mulls FDI liberalisation in plantation sector

New Delhi: The government is considering liberalising foreign direct investment (FDI) norms in the plantation sector by bringing more commercial crops under the ambit, an…

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