With a slowdown in global growth giving rise to concerns about a global recession, most commodity prices have been easing since June 2022. In January 2023, however, they remained elevated…
Category: Economy
India’s potential in green energy is like a goldmine, invest here, urges PM Modi
Prime Minister Narendra Modi today said that Union Budget 2023 will offer a huge array of investment opportunities, like the National Green Hydrogen Mission, ethanol blending, battery storage and vehicle…
Asian currencies witness a bit of reprieve, lift rupee
The Indian rupee rose against the dollar on Thursday, helped by a broad recovery in Asian currencies following losses fuelled by worries over rising US yields. The rupee was at 82.77…
MPC members say premature to lower guard as inflation remains high, show minutes
Price pressures in India remain high and it would be premature to lower the guard on inflation, majority of the members of the Reserve Bank of India’s (RBI) monetary policy…
India’s Private Equity investors are bullish on the country’s infrastructure growth story; here’s why
India’s private equity investors are optimistic about the country’s infrastructure growth story, especially when it comes to future investments in the social sector and renewable projects. According to Ami Momaya,…
Rajasthan’s Barmer Refinery is ‘Jewel of the Desert,’ says Union Minister Hardeep Puri
Hardeep S. Puri, the Union Minister of Petroleum and Natural Gas, recently addressed the press at the HPCL Rajasthan Refinery Limited (HRRL) complex, stating that the Barmer Refinery in Rajasthan…
Indian economy showing signs of resilience, says Prashant Khemka of White Oak Capital
We are towards the fag end of US Federal Reserve hikes and inflation, with recent data points suggesting that the economy is much stronger than what the market was anticipating,…
UPI linked to Singapore’s PayNow: PM Modi hails development, calls it ‘new milestone in India-Singapore relations’
Top Highlights > India’s UPI was linked to its corresponding network PayNow in Singapore to enable faster remittances. > The first transaction was done by RBI Governor Shaktikanta Das and…
G20: India to invite friendly neighbours for March meet; Pakistan likely to not make the cut
India has decided to invite friendly neighbours for one of the critical G20 meetings to be held in March in Hyderabad, but Pakistan is not likely to make the cut.…
India, China to contribute over half of global growth this year, says IMF
India and China are expected to contribute more than half of the global growth this year while the rest of Asia will contribute an additional quarter, according to the International…