Recent Posts
Canada’s retaliatory tariffs take effect as US trade talks stall
OTTAWA: Canada’s retaliatory tariffs on U.S. goods took effect just after midnight on Tuesday as Prime Minister Mark Carney increased economic pressure on his country’s…
Subdued start for Sensex, Nifty with crude threats, global tension impacting markets
Indian stock market indices Sensex and Nifty opened lower on Tuesday, September 8, after closing at six-week lows in the previous session, as sentiment remained…
SBI Ecowrap calls ‘missing’ GDP figures claim ‘fiction’, defends revisions
New Delhi: The narrative surrounding the supposed missing sums in the national accounts is a badly scripted piece of fiction devoid of any logic, according…
India’s late-stage funding crunch shrinks cheques, cuts valuations
Many late-stage startups are closing funding rounds at smaller sizes and lower valuations than discussed when negotiations began, while a few proposed capital raises have…
New GDP series reflects better data, methods: MoSPI
New Delhi: The Ministry of Statistics and Programme Implementation (MoSPI) defended the use of double deflation in the new gross domestic product (GDP) series and…
FM Nirmala Sitharaman, IMF deputy MD discuss growth, economic shifts
NEW DELHI: Finance minister Nirmala Sitharaman Monday discussed bilateral engagement and the outlook for the Indian and global economies with visiting IMF deputy managing director…
Gasoline prices hit record $4.15 on Labor Day as Iran war keeps oil costs high
Gas prices have reached a record high for Labor Day this year. The national average price for regular gasoline was $4.15 per gallon on Monday,…
UK recognises India’s carbon credit trading scheme, relief for Indian exporters
New Delhi: In a significant benefit for Indian exporters, the UK has agreed to recognize India’s carbon credit trading scheme (CCTS), which will enable exporters…
FM Nirmala Sitharaman reviews BRICS Finance Track outcomes ahead of Mumbai meet
New Delhi, Finance Minister Nirmala Sitharaman on Monday chaired a meeting with senior officials of the Department of Economic Affairs to review key outcomes of…
Bangalore Bioinnovation Centre develops energy bars from Kalaburagi pulses
Bengaluru: The Bangalore Bioinnovation Centre (BBC) has developed ready-to-eat energy bars using pulses grown in Kalaburagi. The initiative is part of the Kalyana Karnataka Bio-Economy…