[ad_1] The Indian stock market last experienced heightened volatility due to US tariff-led trade war jitters. However, a sharp rebound after the 90-day pause on US tariffs helped trim losses, ending the week with a modest decline. Next, investors will monitor key market triggers in the third week of the new fiscal (FY26). India’s retail…
[ad_1] New Delhi: The government has approved a hefty 24% hike in the pay packets and pensions of members of Parliament (MPs), with retrospective effect from 1 April 2023. The revision, carried out under the Salary, Allowances and Pension of Members of Parliament Act, 1954, is linked to the Cost Inflation Index specified in the…
[ad_1] With inflation a bugbear for policymakers, it’ll be a relief that the year-end saw price pressures ease, even if only a bit. Government data released on Monday showed that India’s consumer price index rose 5.2% from a year earlier in December, slower than the 5.5% rise in November. December’s print is the lowest in…
[ad_1] The reasoning was that monetary policy is more effective in counteracting price pressures that arise out of excess aggregate demand, whereas food inflation is usually on account of supply constraints. In contrast, the Reserve Bank of India (RBI) governor recently spoke after the monetary policy meeting and observed that food inflation is a major…
[ad_1] The scheme pays out that amount each month to women in the age group of 21 to 60 with an annual household income of less than â‚ą2.5 lakh. News reports suggest that 1.6 crore women have applied for the benefit. If all are paid, it will cost the state government around â‚ą29,000 crore annually….
