Recent Posts
Indian households shift spending towards discretionary goods, services
As the economy recovered from the Covid-19 pandemic, household spending in 2024-25 showed a further shift towards non-essential discretionary goods and services, many of which…
Nykaa raises stake in personal care brand Earth Rhythm
FSN E-Commerce Ventures, the parent company of beauty and fashion platform Nykaa, has completed a deal to increase its ownership stake in personal care brand…
India’s cyclical recovery faces risks; oil supply shock, AI capex may hit corporate margins from Q2FY27: Report
New Delhi: India’s cyclical recovery faces rising risks from an oil supply shock, fading domestic stimulus and weaker artificial intelligence (AI) capital expenditure, according to…
Sugar prices see sharp drop at mill gates, decline yet to fully reach consumers
Sugar prices have fallen sharply at mill gates over the past two weeks, but the decline is yet to fully reach consumers, with retail prices…
Gold reserves are on the move, but central banks are choosing different vaults
Gold is changing addresses. The Netherlands has moved about 86 tonnes of its reserves from the United States and Canada to London, France has shifted…
For many individual traders, prediction markets are hot—and crypto is not
First, the AI trade stole bitcoin’s thunder. Now, the cryptosphere is losing some of its most-loyal traders to bets on soccer matches and congressional elections….
Nilgiris tea production hit by severe drought, El Nino conditions; green leaf supply drops sharply
Nilgiris: For the first time in the history of the Nilgiris, severe heatwave and drought conditions attributed to El Nino have led to a sharp…
Forex reserves hit record $740.8 billion, lift rupee
Kolkata: India’s foreign-exchange reserves scaled a new summit of $740.8 billion at the end of August 28, climbing for the ninth straight week, as dedicated…
Economic growth & quality of life must go hand in hand: Piyush Goyal
NEW DELHI: Real inclusion is the only way to achieve Viksit Bharat by 2047, commerce and industry minister Piyush Goyal said on Friday, calling for…
GST returns, overseas investments, off-market stock deal come under AIS
New Delhi: The Income Tax Department is broadening the scope of financial information required for taxpayers’ annual information statements (AIS), bringing goods and services tax…