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Economy
11% growth possible in next decade if India does this, says RBI Deputy Governor Michael Patra
Sat, Aug 13, 2022
India has a window of opportunity in terms of its demographic advantage, capability to boost manufacturing, increase in exports value as well as internalisation, Patra said while delivering a speech to celebrate 'Azadi Ka Amrit Mohotsav' organised by the Reserve Bank of India, Bhubaneswar.
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Money Guru: As India gears up for 75th Independence Day celebration, where should you invest for benefit in New India? Expert decodes
Sat, Aug 13, 2022
Money Guru: In today's edition of "Money Guru" Zee Business Swati Raina held a special discussion on 'New Funds to Invest in New India' with expert Vijay Mantri, Co-Founder of JRL Money.
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UK economy contracts in 2nd quarter as recession fear grows
Fri, Aug 12, 2022
The Office for National Statistics said Britain's gross domestic product fell by 0.1% between April and June, down from 0.8% growth in the previous quarter. GDP shrank by 0.6% in June, and growth estimates for May were revised down from 0.5% to 0.4%.
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OPEC cuts oil demand forecasts as economic growth slows
Fri, Aug 12, 2022
Risks facing the world economy include ongoing geopolitical tensions and supply chain issues, the continued Covid-19 pandemic, rising inflation, high sovereign debt levels in many regions, and expected monetary tightening by central banks in the US, Britain, Japan and the Euro zone.
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Surge in credit demand, falling liquidity may lead to credit tightening: Report
Wed, Aug 10, 2022
The liquidity condition is expected to become even more challenging over the coming months, owing to an expected seasonal pick-up in cash-in-circulation caused by the festive season, India Ratings and Research said in a report
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SEBI proposes Blue Bonds concepts for sustainable finance—All You Need To Know
Tue, Aug 09, 2022
Markets regulator SEBI has proposed the concept of blue bonds as a mode of sustainable finance, saying such securities can be utilised for various blue economy-related activities, including oceanic resource mining and sustainable fishing.
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India's forex reserves jump 60x since 1990s, surge 335 times since Independence | Check this data
Tue, Aug 09, 2022
India's forex reserve has seen tremendous growth since 1990s. As per a data from Ministry of Information and Broadcasting, the India's forex reserve which stood at 9.22 USD Billion in 1991-92, jumped to 607 USD billion in 2021-22.
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Economic downturn impact? SoftBank posts massive $23.4 billion loss, 2nd straight quarter in red
Mon, Aug 08, 2022
The Masayoshi Son-led Japanese giant posted massive losses for its second straight quarter. The conglomerate earlier reported net loss at $16.2 billion for its January-March quarter this year.
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Need to boost manufacturing to create jobs, says Mahindra Group chairman Anand Mahindra
Fri, Aug 05, 2022
Addressing shareholders at the company's 76th annual general meeting here, Mahindra said that there are some gaps that need to be filled in to take full advantage of the opportunities arising out for the country.
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RBI MPC: Banks with higher share of floating rates to do well in this higher interest rate regime, says Naveen Kulkarni of Axis Securities
Fri, Aug 05, 2022
Banks with a higher share of floating rates and a robust CASA-led deposit franchise should be placed well in this increasing interest rate environment as the current credit growth is looking up, Naveen Kulkarni , Chief Investment Officer (CIO) at Axis Securities opines.
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Why is crude oil price falling? Brent hits lowest since start of Russia-Ukraine war
Fri, Aug 05, 2022
In another warning sign for the global economy, the closely watched part of the U.S. Treasury yield curve measuring the gap between yields on two- and 10-year Treasury notes reached 39.2 basis points overnight, the deepest inversion since 2000.
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Whopping 7 crore mark crossed - Active Demat accounts on CDSL| What Central Depository Services confirmed
Thu, Aug 04, 2022
Central Depository Services (India) Ltd or CDSL began operations in 1999. It facilitates holding and transacting in securities in the electronic form and settlement of trades on stock exchanges, according to a statement.
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