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Posted in Economy

India’s July factory growth near five-year low on weaker demand, PMI shows

BENGALURU: India’s manufacturing sector expanded at its slowest ​pace in nearly ​five years in July as overall demand ​remained soft while a third consecutive month…

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Posted in Economy

RBI MPC begins today as policymakers weigh inflation, crude risks

New Delhi: The Reserve Bank of India‘s (RBI) Monetary Policy Committee (MPC) begins its three-day policy meeting on Monday, with market participants widely expecting the…

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Shiprocket to launch IPO in 1-2 weeks at a valuation of Rs 7,000 crore
Posted in Startups

Shiprocket to launch IPO in 1-2 weeks at a valuation of Rs 7,000 crore

Ecommerce logistics services firm Shiprocket is expected to launch its initial public offering (IPO) in the coming one to two weeks at a valuation of…

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Posted in Economy

Data centres draw 40% of institutional capital in the June quarter

New Delhi: Data centres emerged as the second-largest recipient of institutional capital in the June quarter, accounting for 40% of total investments, as rapid AI…

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RBI Special Windows Seen Big Enough to Bring in $100B
Posted in Economy

RBI special windows seen big enough to bring in $100B

Mumbai: India’s latest suite of dedicated forex-inflow programmes could net about $100 billion, nearly three times the proceeds from the last such exercise during the…

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India, Canada aim to conclude CEPA trade pact by end-2026: MEA
Posted in Economy

India, Canada aim to conclude CEPA trade pact by end-2026: MEA

New Delhi: India and Canada are working towards concluding negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) by the end of 2026, said the…

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Govt's urban reset: Centre divides ministry of Housing and Urban Affairs into two specialised verticals
Posted in Economy

Govt’s urban reset: Centre divides ministry of Housing and Urban Affairs into two specialised verticals

New Delhi: In a major structural push to reset urban governance and accelerate infrastructure development, the Centre has executed a complete top-to-bottom overhaul of the…

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Forex Wall may Fall for SEZ Services Exports to DTA
Posted in Economy

Government plans to ease forex rule for SEZ services exports to domestic tariff areas

New Delhi: The commerce and industry ministry is working on a Cabinet note to redefine services by doing away with the condition that mandates service…

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Processed Food Exports Gain Steam, US Leads the Rise in Global Appetite
Posted in Economy

Processed food exports gain steam, US leads the rise in global appetite

New Delhi: India’s processed foods exports are on an upswing, driven by increasing sales of items such as instant coffee in Russia and frozen potato…

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Warren Buffett says most investors should choose a low-cost S&P 500 ETF.  (AP Photo/Nati Harnik, File) (AP Photo/Nati Harnik)
Posted in Business

Warren Buffett says most investors should buy an S&P 500 ETF. Here’s why he recommends it

If you are a new bee investor, pick a fund that tails the S&P 500 and put your money in it. At least that’s what…

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