Federal Reserve Chair Kevin Warsh heads into his first Jackson Hole speech with an extremely difficult task in hand! He has to convince markets and the US audience that the…
Category: Economy
India’s GDP growth likely slowed to a 4-quarter low of 7.4% in Q1: Mint poll
India’s gross domestic product (GDP) growth likely slowed to a four-quarter low of 7.4% in April-June as the disruptions from the West Asia war impacted economic activity as well as…
Egg prices up nearly 40%, may get more expensive this winter due to ethanol production: Here’s how
Eggs have become much more expensive across India during the past year. It may get even costlier this winter. The problem starts with maize, also commonly called corn. Maize is…
Mint Explainer: Why does Niti Aayog want to change India’s skilling system?
With India aiming to join the ranks of developed economies by 2047, the country will need a workforce equipped for emerging jobs and technologies. Government think tank Niti Aayog has…
How India’s import dependence is spilling beyond oil, in charts
For years, the story of India’s trade gap has had a familiar villain: crude oil. But now, another problem has begun showing up—India’s non-petroleum trade deficit has crossed that of…
VCs look past payment figures to spot ‘dead users’ hiding in UPI autoPay metrics
India’s investors are increasingly relying on Unified Payments Interface (UPI) autoPay to evaluate user retention during fundraising discussions. By looking at recurring payment commitments, investors argue, they can determine whether…
Piyush Goyal offers BIS exemptions to high-tech chipmakers, AI firms to boost ‘Make in India’
India is preparing a framework to ease mandatory Bureau of Indian Standards (BIS) certification requirements for high-tech companies importing specialised equipment and components for manufacturing, Commerce and Industry Minister Piyush…
India plans 100 new ships to cut $75 billion foreign freight bill
New Delhi: India plans to add 100 vessels to its merchant fleet over the next five years as the government seeks to reduce dependence on foreign shipping lines and retain…
India’s macro strength cushions global shocks as war, tariffs cloud outlook: RBI
Mumbai: Despite geopolitical frictions in West Asia and fresh US tariffs, India’s robust macroeconomic fundamentals continue to cushion the domestic economy, according to the Reserve Bank of India’s August bulletin…
EMT: India secures top rank again in July among EM peers as stock market posts gains
For the third month in a row, India secured the first rank by maintaining a solid lead over its emerging-market peers, shows Mint’s Emerging Markets Tracker (EMT). India posted the…