Bringing Information to Your Terms.
The All India Gem and Jewellery Domestic Council (GJC) is optimistic about gold prices reaching unprecedented levels in 2024, driven by global uncertainties and geopolitical tensions. Gold’s Role as a Safe Haven and Inflation Hedge As a perennial safe haven […]
Unified Payments Interface (UPI) transactions showcased an impressive surge, reaching ₹18.23 lakh crore in December, marking a substantial 54% increase from the previous year. This surge highlights UPI’s pivotal role in shaping the digital payments landscape. Record-Breaking Volume and Transactions […]
India embarks on the new year with positive signals for its economic resurgence, as the just-concluded quarter unveils encouraging trends in the investment landscape. Reviving Investment Momentum In a notable turn of events, the Centre for Monitoring Indian Economy (CMIE) […]
In December, India made a significant adjustment to its oil imports, diverting attention from Russia to bolster purchases from Saudi Arabia. This strategic shift in the country’s energy procurement is notable and reflects dynamic changes in the global oil market. […]
In the tumultuous landscape of global markets, crude oil futures experienced a rollercoaster ride in 2023. The year marked a significant downturn, with prices plummeting over 10%—the most substantial annual drop since 2020. The backdrop was painted with geopolitical conflicts […]
The Index of Coal Industry has achieved a growth of 10.9 per cent (provisional) among eight core industries, during November 2023, as per the data released by the Ministry of Commerce & Industries. The coal sector achieved 185.7 points in […]
The government’s Goods and Services Tax (GST) collections climbed 10 percent year-on-year in the last month of 2023 to Rs 1.65 lakh crore, the Ministry of Finance said on January 1. At Rs 1.65 lakh crore, the December GST collections […]
In a welcome development for the Indian economy, global oil prices have witnessed a decline, offering a significant boost as the nation heavily relies on importing over 85% of its crude oil needs. Despite ongoing geopolitical uncertainties in West Asia, […]
The rupee started the new year on a weak note, depreciating by 6 paise to 83.22 against the US dollar amid a muted trend in domestic equities and dollar demand from importers. Forex traders said the rupee traded in a […]
Dr. Rao begins by delving into the monetary policy of the Reserve Bank of India (RBI) throughout 2023. The stability of the repo rate at 6.5 percent, standing deposit facility (SDF) at 6.25 percent, marginal standing facility (MSF) at 6.75 […]