Premature to think India will replace China in influencing global economic growth: Raghuram Rajan
Former RBI governor Raghuram Rajan on Tuesday said it is too premature to think that India will replace China when it comes to influencing global […]
Day: January 17, 2023
Passenger opens emergency exit by mistake when aircraft on ground
A passenger on an IndiGo aircraft that was to operate from Chennai to Tiruchirapalli last month accidentally opened the emergency exit when the aircraft was […]
Importers use rupee’s recovery to increase hedging, data shows
Importers in India last week took advantage of the rupee’s recovery against the dollar to hedge their future foreign currency obligations, data showed.Average dollar purchases […]
IMF bailout: India to back Sri Lanka’s debt restructuring plan
India has agreed to support Sri Lanka’s debt restructuring plan, clearing a major hurdle for the bankrupt nation to unlock a $2.9 billion bailout from […]
India’s rising home prices, rentals a new inflation threat
Housing rentals and ancillary costs have a 10.07% weightage in India’s consumer price inflation basket and are near three-year highs, posing a fresh worry for […]
Foxconn replaces iPhone business chief after tumultuous year
Key Apple Inc. manufacturing partner Foxconn Technology Group has appointed a new boss for its iPhone assembly business after a tumultuous year in China, highlighting […]
Domestic indices up on crude oil windfall tax cut; FPI selling caps gains
Oil and gas stocks were up as much as 0.53% after the country, a major consumer and importer of oil, cut its windfall tax on […]
China’s Q4 growth slows to 2.9% y/y, beats expectations
China’s economy grew by 2.9% in the fourth quarter of 2018, beating expectations but still underlining the toll exacted by a stringent “zero-Covid” policy. GDP […]
Russia is fourth biggest source of imports for India
Imports from Russia have jumped five times to $32.9 billion in Apr-Dec, making it India’s fourth largest trading partner. Russia moved up from 20th place […]
‘India’s free trade agreement talks with EU, UK are on track’
The ongoing negotiations of India for the proposed comprehensive free trade agreements with the UK and European Union (EU) are on track and the next […]