The era of easy money is coming to an end, French economist Jean-Pierre Landau has said, cautioning that the world is moving towards elevated real interest rates, driven by falling…
Category: Economy
India’s food market: $600 bn estimate; 7% CAGR — from primary producer to high-value global processing powerhouse
India’s food market is estimated to be worth between $550 billion and $600 billion and is growing at an annual rate of 6-7 per cent, Devesh Deval, Joint Secretary at…
FM Sitharaman calls for open, predictable global economic ties amid rising uncertainty
NEW DELHI: Finance minister Nirmala Sitharaman on Saturday emphasized the need to keep global economic relationships open, predictable and rules-based, saying countries should pursue dialogue and negotiated agreements rather than…
India weathered global shocks, retained policy space to respond: FM Nirmala Sitharaman
Union finance minister Nirmala Sitharaman on Saturday said India’s economic resilience has been built consciously over the past decade through fiscal prudence, infrastructure creation, banking reforms, last-mile delivery and sustained…
White-collar hiring shifts towards specialised AI skills, experienced professionals in September: Report
The white-collar hiring market has become increasingly selective, with employers showing stronger demand for experienced professionals and candidates possessing specialised AI-related skills, news agency PTI reported, citing a report released…
G7 unlocks 100 million barrels: Who holds world’s emergency oil and who decides when to release it? A deep dive
The world is preparing to tap another vast pool of emergency oil. On 2 October, G7 countries agreed to release 100 million barrels of crude and diesel from emergency reserves…
Forex reserves plunge record $18.3 billion as RBI steps in to support rupee
India’s dropped the most on record as the central bank’s support for the rupee weighed on the stockpile. Reserves fell $18.34 billion to $747.56 billion in the week of Sept.…
Diesel Diplomacy! Trump says Europe will release ‘massive amount’ of diesel as China cuts fuel exports
US President Donald Trump said Europe has agreed to release a “massive amount” of heavily stocked diesel reserves, as governments respond to tightening fuel supplies across major markets. The development…