Latest News, Updates & Breaking Headlines
Union finance minister Nirmala Sitharaman (ANI photo) NEW DELHI: Finance minister Nirmala Sitharaman said on Friday there will be limited impact of external shocks on India’s growth, due to strong domestic consumption and investment.“The Indian economy is resilient and continues to grow sustainably,” she said at the Kautilya Economic Conclave.The Indian economy is estimated to…
India’s strong economic fundamentals have positioned the country as a pillar of stability in a turbulent world, Reserve Bank governor Sanjay Malhotra said on Friday.He stated that the ongoing trade policy landscape restrictions could perhaps pose permanent damage to the growth of some economies, though India remains firm.“This is quite a feat…makes India stand out…
India’s market for pre-owned luxury goods is seeing unprecedented growth, with both online and offline retailers reporting rising sales of classic luxury items this year.Arjun Singh Hira, founder of chronoseconds.com, a platform for pre-owned luxury watches, recorded his largest single sale last month when a billionaire from a tier-II city purchased watches worth Rs 1.6…
Union finance minister Nirmala Sitharaman on Friday highlighted India’s growing economic resilience and said that the nation is well-equipped to absorb external shocks, amid ongoing external trade tensions.“Our capacity to absorb shocks is strong, while our economic leverage is evolving. Our choices will determine whether resilience becomes a foundation for leadership or merely a buffer…
Before we get into recipes and methods, it’s worth understanding why chia seeds deserve all this hype. They’re not just trendy; they’re genuinely nutrient-dense. Here’s what makes them so good for your hair: Rich in Omega-3 fatty acids: These healthy fats are like food for your scalp. They reduce inflammation, improve blood circulation, and help…
The US private sector lost 32,000 jobs in September, according to payroll processor ADP, defying analysts’ expectations of employment growth. The biggest losses came in leisure and hospitality, professional services, and financial activities, AFP reported.Hiring also contracted in trade, transportation and utilities, along with manufacturing, the report showed.“Despite the strong economic growth we saw in…
The Reserve Bank of India (RBI) on Wednesday lowered its FY26 inflation forecast to 2.6% from 3.1%, while revising India’s GDP growth upward to 6.8% on the back of a good monsoon and GST rate rationalisation. The central bank also kept the policy repo rate unchanged at 5.5% for the second straight review.The decision comes…
MUMBAI: RBI governor Sanjay Malhotra on Tue unveiled the biggest regulatory overhaul in nearly a decade, aimed at strengthening banks, expanding credit flow to corporates including for acquisitions, enhancing consumer protection, and advancing the internationalisation of the rupee. The reforms are expected to help the economy achieve the 6.8% higher growth forecast by RBI on…
Sanjay Malhotra’s remarks assume significance at a time when the Donald Trump administration has imposed 50% tariffs on Indian exports. (AI image) RBI governor Sanjay Malhotra on Wednesday flagged trade and tariff related risks to India’s growth story, while expressing confidence about the resilience of the economy. In his monetary policy review statement, RBI governor…
NEW DELHI: Average GDP growth rate of 12.2% is needed to start addressing India’s underemployment challenge and a bigger push is needed for a pro-growth, pro-jobs policy agenda to tackle the country’s high youth unemployment problem, a report by investment banking and financial services firm Morgan Stanley has said.“In our base case, India’s GDP will…
