Retail inflation in February eased to under the Reserve Bank of India’s (RBI) 4% target for the first time in six months, government data released on Wednesday showed. The consumer price index was up only 3.6% from the same month in 2024. Also Read: Mint Quick Edit | Inflation is down: Will interest rates follow?…
Oil rose the most in six weeks as President Donald Trump affirmed plans to impose tariffs on the top two suppliers of crude to the US. West Texas Intermediate futures climbed about 2.5% to settle above $70 a barrel after Trump said in a social media post that the proposed levies on Canada and Mexico…
New bank loans in China hit a record high in January U.S. reciprocal tariff plans delayed until April 1 Premium on U.S. copper futures vs LME contract eases LME cash vs three-month copper spread swings to a premium LONDON, Feb 14 (Reuters) – Copper prices fell after hitting their highest in more than three months…
By Bharath Rajeswaran and Vivek Kumar M (Reuters) – Indian small-cap shares have tumbled more than 20% from their record closing high, confirming they are in a bear market, with analysts expecting a further 5% drop by the end of March. A perfect storm of weaker economic growth, foreign outflows and fears of slower inflows…
In today’s knowledge-driven economy, the synergy between academia, industry and government plays a critical role in shaping innovations, solving complex societal problems and fostering economic growth for a better world. Doctorate holders, who are the epitome of specialised knowledge and advanced research skills, can contribute significantly to all three sectors. However, despite their deep expertise,…
(Bloomberg) — The market turmoil sparked by DeepSeek’s chatbot this past week has left some rethinking the credit frenzy around artificial intelligence. Corporate giants told money managers this week that the Chinese startup’s cheaper models will only spur more demand for the technology and the sprawling infrastructure it requires. While big investors such as Blackstone…
New Delhi, Jan 31 (PTI) Give entrepreneurs and households back their time and mental bandwidth, Chief Economic Advisor V Anantha Nageswaran said while making a strong case for significant roll back of regulations both by the Union and state governments. In the Preface of the Economic Survey 2024-25, he said ‘Getting out of the way’…
NEW YORK (Reuters) -The U.S. dollar edged higher against some of its peers including the yen and euro on Thursday as markets weighed fresh tariff threats, slower-than-expected U.S. economic growth, and an interest rate cut by the European Central Bank. President Donald Trump on Thursday said the United States will put a 25% tariff on…
This pace of growth, though twice that of global GDP, may not be enough to achieve India’s aspirations of becoming a middle-income country and creating meaningful jobs for its youth. Can India sustain more than 7% growth over a long period? In the past, the answer to this question would have depended on when it…
Industries and IT Minister D. Sridhar Babu with officials and UBS executives. | Photo Credit: By Arrangement Swiss banking giant UBS will expand its global capability centre (GCC) in Hyderabad and onboard an additional 1,800 employees over the next two years. The focus of the expansion will primarily to strengthen the finance and operations functions…
