Last week saw a significant drop in the dollar index to 103.82 and US 10-year yields to 4.38%.
It is perfectly acceptable for individuals who have significant financial rewards tied to long hours to voluntarily put in any number of hours they wish to. Individuals driven by a passion to make the world a better place are also known to work long hours. But to advocate such long hours for everyone is nothing short of an exhortation to return to the exploitative practices of the early days of the Industrial Revolution
PM’s remark at Global South summit more in sync with India’s long-standing Palestine diplomacy and in line with New Delhi’s global ambitions
This fly-on-the-wall column peeps into the inner goings-on of Dalal Street, what stocks veteran bulls are eyeing, what bears are ganging up against, secret deals and more
MUTHOOTFIN is close to breaking out of H&S inverse pattern
A trendline breakdown after consolidation in CHOLAFIN suggests further weakness
A Marubozu candlestick at breakdown indicates a swift downside in turmeric
It is a significant data gap for economists who, over the last decade, have debated, rehashed, challenged, and revised the longstanding idea that inflation is often driven by low unemployment and the rising wages and spending that follow from it.
The National Labor Relations Board said on November 16 that the rule - which was scheduled to go into effect in December - will now be effective Feb. 26. The board said the delay will give it time to resolve legal challenges.
The greenback is poised for its biggest weekly drop since July, down 1.6% over the past five days, and second-biggest decline this year.
The recovery proceedings against KSBL's former VP (finance and accounts) Krishna Hari G; KSBL's former compliance officer Srikrishna Gurazada; KSBL's General Manager of back office operation Srinivasa Raju for Rs 1.80 crore, includes interest, all costs, charges and expenses, Sebi said in three attachment orders on November 14.
In a report, the economists also said the RBI is seeking to achieve the desired objective of growth and inflation through liquidity and macro prudential measures as the repo rates have peaked out.
"The redemption price for the premature redemption due on November 20, 2022 shall be Rs 6,076 per unit of SGB, based on the simple average of closing gold price for three business days — November 15, 16, and 17, 2023," the RBI said.
The move will curtail riskier bank lending to consumers and is expected to squeeze the nonbank sector in particular.
Brent futures rose $1.34, or about 1.7%, to $78.76 a barrel by 1349 GMT. US West Texas Intermediate crude (WTI) was at $74.1, up $1.2, also roughly 1.7%.
Indian students now contribute an estimated $7.14 billion to the US economy. Meanwhile, the total wheat production in India is expected to see a decline this fiscal year
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
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
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
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
The youth unemployment rate in the PLFS (in the age group of 15-29 years) shows a decline from 12.9 percent to 10 percent for the three-year period ended FY23.
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.
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).
No number of cute pandas can offset the asset deflation threatening the property sector
"It's a record. Highest ever number of patents granted so far in 2023-24," he said in a post on social media platform X. On this, Prime Minister Narendra Modi said this is a "notable feat" and it marks a milestone in India's journey towards an innovation-driven knowledge economy.