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Gold imports up 34 pc to $3.41 bn in May; silver shipments plunge over 86 pc

New Delhi: India’s gold imports rose by 34 per cent year-on-year to USD 3.41 billion in May, driven by high prices of the precious metal,…

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Remittances, services surplus lift India to $4.7 billion current account surplus in April

Kolkata: India reported a $4.7 billion current account surplus in April riding on higher inward remittance flows, Reserve Bank of India (RBI) data showed. This…

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Posted in Economy

Unemployment rate hits 11-month high of 5.5% in May

India’s unemployment rate rose to an 11-month high of 5.5% in May from 5.2% in April, mainly due to an increase in the rural jobless…

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Posted in Economy

India introduces PPI for goods and services, begins shift from WPI

New Delhi: The government on Monday came out with producer price index (PPI) data for both goods and services for the first time to better…

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India posts $4.7 bn current account surplus in April; FPI outflows hit $8.7 bn

India recorded a current account surplus of $4.7 billion in April 2026, compared with a deficit of $4.8 billion a year earlier, even as net…

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New Federal Reserve Chairman Kevin Warsh.
Posted in Business

Kevin Warsh Wants the Fed to Stop Explaining Everything

Kevin Warsh boiled down his advice for the Federal Reserve before an audience of investors last year. “Stop talking so much,” he said. “More thinking,…

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Finalising NFL’s tender to import 17 lakh tonnes of urea; stock comfortable for Kharif season: Government

New Delhi: The government on Monday said it is in the process of finalising imports of 17 lakh tonnes of urea to boost domestic supply…

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Hangzhou-based Alibaba is cheaper than comparable U.S. tech stocks, measured by forward price-to-earnings ratio.
Posted in Business

A Place Where Some AI Stocks Are Still Cheap: China

SINGAPORE—The frenzy over artificial intelligence is sending technology-company valuations through the roof in the U.S. and Asian markets. One country still offers some relative bargains:…

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US Trade Representative Greer to visit India on June 23-24 for talks

New Delhi: ​June ​15 – U.S. ​Trade Representative Jamieson Greer is ‌scheduled ⁠to ⁠visit ​India on June 23-24, ​an Indian trade official ​said ⁠on Monday.His…

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Posted in Economy

India’s trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blow

India’s merchandise trade deficit narrowed marginally to $28.21 billion in May, as a windfall from higher petroleum exports helped offset the strain of elevated energy-driven…

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