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In a recent podcast titled ‘Raghuram Rajan’s Economic Roadmap & Warning for India,’ former Reserve Bank of India (RBI) Governor, Raghuram Rajan, delved into a nuanced discussion about India’s economic trajectory, pointing to key areas of progress and potential pitfalls. […]
In a decisive move, the Federal Reserve maintained the status quo, keeping interest rates steady within the range of 5.25% to 5.5% in December. However, the focal point shifted to policymakers’ forward-looking perspective, revealing an outlook that includes three rate […]
The upcoming installment of sovereign gold bonds (SGBs) is set to open for subscription this month. The subscription period for Series III in the 2023–24 cycle is slated for December 18–22, 2023, with Series IV scheduled for February 12–16, 2024, […]
Concerns regarding inflation in India amid strong demand, as reflected in the robust 7.6 percent GDP growth in the September quarter, have been alleviated by the November consumer price inflation data. Core inflation, excluding food, fuel & light, and vehicle […]
The average price of Russian oil delivered to top buyer India in October rose to $84.20 per barrel, way above the $60 price cap set by the Group of Seven (G-7) nations in December last year, according to a report […]
Gold prices recovered from a three-week low hit the previous session, as a weaker dollar provided support on Tuesday ahead of US inflation data and major central bank policy meetings expected to yield clues on interest rates. Spot gold was […]
In the first seven months of the current financial year, nearly 110,000 new companies have been established, signaling a potential record-breaking year. Notably, the incorporation of these companies reflects a shift in economic dynamics, with smaller and traditionally weaker state […]
Argentina’s newly inaugurated President, Javier Milei, delivered a stark warning to citizens, urging them to brace for austerity measures as the country grapples with soaring inflation and economic challenges. In his address to thousands of supporters from the steps of […]
Oil prices rose more than 2 per cent in the previous session after US data supported expectations of a demand growth, however, both crude benchmarks fell for a seventh straight week, posting their longest streak of weekly declines in half […]
Russian President Vladimir Putin declared that Russia’s economic isolation has proven beneficial for the nation, positioning it for significant growth despite ongoing challenges, particularly the war in Ukraine. Speaking at a Moscow business forum, Putin projected a 3.5% growth for […]