Category: Economy
RBI unlikely to hike rates now despite crude inflation as it is supply-driven shock, not demand: Natixis Economist
New Delhi: The Reserve Bank of India (RBI) is unlikely to immediately raise interest rates despite inflationary pressures from rising crude oil prices, as the…
Indian export rates steady as demand slows, Vietnamese and Thai rates fall
India’s rice export prices were steady this week on subdued demand, Vietnamese rates eased on less buying and growing supply, while Thai rates fell as…
US begins ‘unfair trade’ practices probe against India & 59 other countries over forced labor
The U.S. Trade Representative’s office said late on Thursday it had begun Section 301 unfair trade practices probes of 60 economies in relation to what…
Overseas crypto earnings of moonlighters under I-T lens
NEW DELHI: The income-tax department has detected cases of professionals moonlighting for overseas firms and receiving payments in cryptocurrencies that were not disclosed in their…
Retail inflation climbs to 3.21% in February
NEW DELHI: Retail inflation rose 3.21% year-on-year in February from 2.74% in January, largely due to a low base effect and higher food prices, official…
Pulsar International mulls foray into AI-based farm supply chain management solutions
Mumbai: Gujarat-based supply chain management company Pulsar International Ltd is considering a strategic foray into AI-led Internet of Things technologies to enable precision farming and…
Women borrowers show stronger repayment discipline: Study
Mumbai: Women borrowers are emerging as some of the more reliable participants in India’s digital credit ecosystem, with repayment behaviour on financial platforms indicating higher…
Food prices push India’s inflation to 3.21% in February
Retail inflation rose 3.21% year-on-year in February from 2.74% in the month before, driven by higher food prices, official data released Thursday showed. This is…
India’s sunflower oil imports halve in February amid West Asia conflict, rising prices
New Delhi: India’s crude sunflower oil imports fell 51 per cent to 1,45,000 tonne in February, an industry body said on Thursday, as the ongoing…
India begins probe into circumvention of countervailing duty on saccharin imports
New Delhi: India has started a probe on alleged circumvention of countervailing duty imposed on saccharin – used in a range of industries such as…