Inflation to weigh heavier on households; grocery, consumer goods will soon be 5-20% costlier
Inflationary pressures are set to upend household budgets, potentially worsening stressed urban demand. Starting this month, fast-moving consumer goods (FMCG) companies such as Hindustan Unilever,…
New home (A)loan scheme without collateral on cards
New Delhi: The government is firming up a zero-collateral housing loan scheme for low- and middle-income groups which will offer up to Rs 20 lakh…
Is November trade data ‘Gold standard’?
New Delhi: India’s record high trade deficit in November may have resulted from a data error, people familiar with the development said, adding that the…
India moves to guard against Trump’s likely tariff strike
New Delhi: India has begun a detailed sector-wise analysis, drawing up multiple scenarios, to prepare for a possible increase in tariffs on product exports to…
Canada stocks tumble over 2% after Fed moderates rate cut expectations
Dec 19, 2024 03:12 AM IST The Toronto Stock Exchange’s S&P/TSX composite index ended down 562.71 points, or 2.2%, at 24,557.00, its lowest closing level…
US stocks tumble as Federal Reserve eyes fewer 2025 rate cuts, Dow falls 2.6%
Wall Street stocks tumbled Wednesday after the Federal Reserve lowered interest rates but also slashed the number of 2025 rate cuts in its forecast. The…
Business News Live Today December 19, 2024: Volkswagen acquires stake in Australian lithium firm for $48 million
Dec 19, 2024 12:43 AM IST Business News Live: Get real-time updates on the biggest news from the world of business, stock market and more….
Volkswagen acquires stake in Australian lithium firm for $48 million
Dec 19, 2024 12:43 AM IST Volkswagen will spend C$69 million ($48.1 million) on a 9.9% stake in lithium miner Patriot Battery Metals Inc. to…
Investment push may spur GDP growth to 6.6% in FY26: Ind-Ra
The Indian economy is expected to grow by 6.6% year-on-year in 2025-26, driven primarily by investments, according to India Ratings & Research (Ind-Ra). The agency…
Tea, rice exports to Iran may take a hit on rial devaluation
Kolkata: Exports of premium quality Indian orthodox tea and basmati rice to Iran, a major market for both commodities, may take a hit as the…