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2 mins read

SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%

Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…

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1 min read

Nifty and Sensex dip post-Muhurat rally; experts blame THESE global factors

The Indian stock market opened lower on Monday, with Nifty 50 and BSE Sensex both declining.

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2 mins read

Sebi issues new guidelines to streamline operations of credit rating agencies

"In order to promote ease of doing business and bring about uniformity in dealing with appeals…

PTI   


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2 mins read

OPEC+ extends major oil production cuts until 2025 to stabilise market

Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group …

ANI   


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3 mins read

Attention! Here's what's changing with your PPF accounts starting 1st October, 2024

Note that if you have opened a second PPF account on or after December 12, 2019, you are not eligib…

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4 mins read

Rate cuts are a double edged sword for Kamala Harris

The Fed's decision creates a delicate political situation for Harris — celebrate beating inflation…

Alice Tecotzky   


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2 mins read

Credit and profitability of banks to moderate in FY25, says ICRA

The Indian banking sector’s rating has been revised to stable from positive by rating agency ICRA o…

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1 min read

Fitch retains India rating at 'BBB-' with stable outlook

India's rating has remained unchanged at 'BBB-', the lowest investment grade, since August 2006.

PTI   


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RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…

ANI   


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1 min read

Israel downgraded by another big credit ratings agency as Middle East tensions escalate

Israel's economy is likely to suffer if there's a drawn-out conflict in the Middle East, S&P Global…

George Glover   


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3 mins read

The Fed's interest-rate cut put Trump even more at odds with the central bank

Donald Trump has argued that the Fed would only cut interest rates close to the election to help hi…

Ayelet Sheffey,Brent D. Griff…   


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3 mins read

India to see solid domestic demand for the next 2 years, to grow at the rate of 6.5%-7%

The OECD report projects stable economic growth for emerging G20 economies, including India. India'…

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2 mins read

India's rating upgrade possible in next 24 months if fiscal deficit falls to 4%: S&P

The central government estimates to bring down fiscal deficit to 5.1% of the GDP in the current fis…

PTI   


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3 mins read

Rate cuts might make it cheaper to buy a house, but they won't fix the US housing market's biggest problem

Lower interest rates might seem like a boon for buyers, but builders are facing a host of problems …

Filip De Mott   


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2 mins read

NCDs may offer a higher interest rate than fixed deposits but experts advise caution

A non-convertible debenture, (NCD), is a type of debt instrument that lacks the option for buyers t…

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2 mins read

After a volatile week, all eyes on RBI’s Monetary Policy meeting! But experts expect no change in repo rate

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is gearing up to announce its mon…

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2 mins read

More transmissible, higher fatality rate: India records first case of fast-spreading Mpox strain Clade 1B in Kerala man

While Mpox has appeared in India before, all prior cases were linked to the less deadly Clade II st…

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3 mins read

Indian airlines likely to prune losses to Rs 3,000-5,000 cr this fiscal: ICRA

Indian airline industry is expecting to prune its net losses to Rs 3,000-5,000 crore in this fiscal…

PTI   


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3 mins read

Markets are rebounding after Monday's massive meltdown, making rate decisions harder for the Fed

There are talks of an emergency rate cut from the Fed following Monday's market meltdown.

Huileng Tan   


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3 mins read

Global electricity demand is forecast to grow by around 4% in 2024

The world's demand for electricity is rising at its fastest rate in years, driven by robust economi…

ANI