Moneycontrol PRO
you are here: HomeNewsEconomy

Economy

Jump to
  • Moneycontrol Pro Weekender: Crystal ball gazing  November 18, 2023 11:23 AM IST

    Moneycontrol Pro Weekender: Crystal ball gazing 

    It's that time of the year when economists and market strategists start making their forecasts for the year ahead

  • RBI's post-Diwali retail loan dampener – will higher risk weights hurt spending? November 17, 2023 06:06 PM IST

    RBI's post-Diwali retail loan dampener – will higher risk weights hurt spending?

    Mere weeks after Governor Shaktikanta Das flagged the "very high growth" seen in some segments of personal credit, the RBI decided to act and force lenders to set aside more capital for such loans

  • Business in the Week Ahead (November 20-24, 2023) November 17, 2023 03:50 PM IST

    Business in the Week Ahead (November 20-24, 2023)

    Manufacturing and services macro data for US and Europe area will be announced. IPO subscriptions for Tata Technologies Ltd, IREDA and Fedbank Financial Services Ltd among others will be listed this week

  • Moneycontrol Pro Panorama | Investors rediscover Coal India November 18, 2023 12:33 PM IST

    Moneycontrol Pro Panorama | Investors rediscover Coal India

    In today's edition of Moneycontrol Pro Panorama: Nifty fiscal earnings may outpace last year, slowing inflation a good omen for investors, work beyond the 9-to-5 norm, artificial intelligence invades creativity, and more

  • Online sellers seek FDI in inventory-based model of e-commerce for export purposes November 17, 2023 03:42 PM IST

    Online sellers seek FDI in inventory-based model of e-commerce for export purposes

    At present, the country's FDI policy does not permit foreign direct investment in the inventory-based model of e-commerce. It is allowed only in firms that are operating through a marketplace model.

  • India raises concerns over potential carbon taxes in UK FTA talks November 17, 2023 03:50 PM IST

    India raises concerns over potential carbon taxes in UK FTA talks

    Earlier this year, Britain initiated consultations with domestic stakeholders on measures such as a potential carbon border tax, which could mimic the European Union's carbon border adjustment mechanism (CBAM).

  • US sanctioned tankers previously shipped Russian crude to India November 17, 2023 10:12 AM IST

    US sanctioned tankers previously shipped Russian crude to India

    The U.S. on Thursday imposed sanctions on maritime companies and vessels for shipping Russian oil sold above the Group of Seven's price cap, as Washington seeks to close loopholes in the mechanism designed to punish Moscow for its war in Ukraine.

  • Retreating inflation a good omen for equity investors November 17, 2023 09:09 AM IST

    Retreating inflation a good omen for equity investors

    If the economy continues to display resilience and both, US, and Indian central banks slash rates more or less in sync, that would be the best-case scenario for stock markets

  • No current account concerns yet despite October trade deficit shocker November 17, 2023 07:21 AM IST

    No current account concerns yet despite October trade deficit shocker

    India's merchandise trade deficit hit an all-time high of $31.46 billion in October as gold imports nearly doubled from last year. But economists remain untroubled and are sticking to their full-year forecasts for the current account deficit

  • India "not out of the woods yet" on inflation: RBI bulletin November 17, 2023 06:34 AM IST

    India "not out of the woods yet" on inflation: RBI bulletin

    "We are not out of the woods yet and have miles to go, but (inflation) readings of around 5% and 4.9% in September and October, respectively, are a welcome relief from the average of 6.7% in 2022-23 and 7.1% in July-August 2023," the RBI said in its 'State of the Economy' article in the bulletin.

  • RBI Bulletin: Festive demand ebullient, but 'miles to go' on inflation front November 16, 2023 04:42 PM IST

    RBI Bulletin: Festive demand ebullient, but 'miles to go' on inflation front

    In its monthly State of the Economy article, the Indian central bank's economists noted that there is a consensus that GDP growth in July-September will be higher than the RBI's forecast of 6.5 percent

  • Moneycontrol Pro Panorama | Will the good times in realty continue? November 16, 2023 03:39 PM IST

    Moneycontrol Pro Panorama | Will the good times in realty continue?

    In this edition of Moneycontrol Pro Panorama: RBI’s credit deployment data add to existing anxiety, FMCG companies may have oversold themselves, investments in agtech is not enough to transform the sector, Indian telecom's leapfrog moment, and more

  • Inland fish production jumps over 2-fold in 9 years to 131 lakh tonnes: Parshottam Rupala November 16, 2023 02:20 PM IST

    Inland fish production jumps over 2-fold in 9 years to 131 lakh tonnes: Parshottam Rupala

    The minister also highlighted that the Modi government has announced an investment of around Rs 38,000 crore under various programmes in the last nine years.

  • Volatile geopolitical conditions, simmering energy markets and commodity prices November 16, 2023 01:16 PM IST

    Volatile geopolitical conditions, simmering energy markets and commodity prices

    Escalation in the Middle East crisis could lead to substantial supply disruptions, causing oil prices to surge by 56 percent to 75 percent, while the halt of the Black Sea Grain Initiative for Ukrainian exports, along with disruptions in transport and power, may elevate food and energy prices

  • Govt considering several measures to help revive special economic zones November 16, 2023 12:16 PM IST

    Govt considering several measures to help revive special economic zones

    The aim is to help revive SEZs and facilitate business transactions between SEZ and domestic tariff area (DTA) or the domestic market. SEZs are enclosures which are treated as foreign territories for trade and customs duties, with restrictions on duty-free sales outside these zones in the domestic market.

  • India's record merchandise trade deficit in October likely to be a one-off: Analysts November 16, 2023 11:42 AM IST

    India's record merchandise trade deficit in October likely to be a one-off: Analysts

    India's merchandise trade deficit rose to an all-time high of $31.46 billion in October, widening sharply from the $19.37 billion print in the prior month. Imports jumped from $65 billion from $53.8 billion.

  • RBI’s credit deployment data add to existing anxiety pangs November 16, 2023 09:27 AM IST

    RBI’s credit deployment data add to existing anxiety pangs

    Recent spurt in personal loans certainly bears close watching, but trends in industry too are sending confusing, if not worrying, signals 

  • With eye on key minerals, India to hold 6th round of trade talks with Peru in December November 16, 2023 08:37 AM IST

    With eye on key minerals, India to hold 6th round of trade talks with Peru in December

    The government is hoping to diversify India's import basket in terms of essential metals and minerals by entering into a trade agreement with Peru

  • UK wants tariff quota on electric vehicles as part of FTA, says source November 16, 2023 07:51 AM IST

    UK wants tariff quota on electric vehicles as part of FTA, says source

    According to a person aware of developments, the UK is looking for new markets to export electric vehicles, with the sale of new petrol and diesel-powered cars banned from 2035

  • CEA Nageswaran calls on World Bank to make governance indicators transparent November 16, 2023 07:37 AM IST

    CEA Nageswaran calls on World Bank to make governance indicators transparent

    According to the government's top economist, an objective assessment of governance levels in countries – and in turn, their credit ratings – could help reduce financing costs for emerging economies by billions of dollars

  • Govt to invite proposal from startups, MSMEs others to promote R&D in mining November 15, 2023 02:44 PM IST

    Govt to invite proposal from startups, MSMEs others to promote R&D in mining

    The selected startups and MSMEs will be provided mentorship or incubation support and technical advisory support during the entire project development period.

  • India to emerge as third largest global economy by 2027: FM Nirmala Sitharaman November 15, 2023 02:36 PM IST

    India to emerge as third largest global economy by 2027: FM Nirmala Sitharaman

    Addressing the Indo-Pacific Regional Dialogue here, Sitharaman said India's economic growth is estimated to be just under 7 per cent during the year, the highest among major economies, despite global headwinds.

  • Moneycontrol Pro Panorama | Getting ready to welcome Santa  November 15, 2023 02:14 PM IST

    Moneycontrol Pro Panorama | Getting ready to welcome Santa 

    In this edition of Moneycontrol Pro Panorama: India becomes outsourcing capital of the world, a sad end to Subrata Roy's story, small FMCG brands take the cake, challenge for Biden-Xi to continue engagements despite tensions, and more

  • What drives the Indian stock market – fundamentals or policy? November 15, 2023 02:15 PM IST

    What drives the Indian stock market – fundamentals or policy?

    The Indian stock market and its movement is impacted by a variety of factors, both global and domestic. The general assumption that the stock market depends upon GDP growth stemming from economic growth doesn’t hold true in India

  • India's trade deficit hits record high in October as gold imports double November 16, 2023 08:40 AM IST

    India's trade deficit hits record high in October as gold imports double

    Commerce ministry officials noted that China continues to be India's top source of imports, with Russia, UAE, US, and Saudi Arabia making the rest of the top five.