Economy News
Treasuries Drop As Hot US Inflation Backs December Rate BetsThe consumer price index, excluding food and energy, rose 0.3% from a month earlier, according to Bureau of Labor Statistics data. Overall prices climbed 0.4%.
Fed's Logan Favors At Least Two Hikes, Says Pace Could QuickenFed officials left interest rates unchanged at their Oct. 27-28 meeting after raising them by a quarter percentage point in September. That was the first rate hike since 2023 as policymakers seek to cool inflation that has been above their 2% target for more than five years.
FPIs Return To India After Two Months As Global AI Rout Drives Rs 53,739 Crore InflowsThe global AI sell-off has made India an attractive destination for India, while the country's strong earnings growth and valuations of large-cap stocks have further impressed investors.
8th Pay Commission: What Maruti 800, Zen And WagonR Tell Us About The Next Spending CycleNilesh Shah of Kotak Mahindra AMC expects the pay revision to support premium consumption, with around 20 million government employees and pensioners potentially receiving salary arrears and higher pay.
Govt Brings Together DGCA, NITI Aayog, FSSAI In Rare Push For Sustainable Aviation FuelThe National Council on Sustainable Aviation Fuel (NC-SAF) will be co-chaired by Civil Aviation & Petroleum Secretary.
'American Economy is Broken': Why Chamath Palihapitiya Believes Republicans and Democrats Don't Matter AnymoreChamath Palihapitiya argues that America's economic structure continues to benefit asset owners across different interest rate environments, while wage earners struggle to improve their financial position.
SEBI's New Settlement Formula: What Determines How Much An Applicant Pays, And How To Calculate?SEBI has created a calculator which calculates settlement amount in accordance with the new Settlement Regulations.
UP’s Rs 19,208 Cr To Sikkim’s Rs 365 Cr: State-Wise Breakup Of Centre’s Pre-Diwali Tax DevolutionThe Centre released Rs 1,09,019 crore as the November tax devolution instalment on November 5, five days ahead of schedule.
Stock Market Highlights: Sensex Ends 2,009 Points Higher, Nifty At 24,537; Auto, Financial Shares OutperformStock Market Highlights, Nov 5: Broader markets, too, ended in green. Nifty Small Cap 100 and Nifty Mid Cap 100 indices surged about 1% and 2%, respectively.
Budget Wishlist: FICCI Asks Finance Ministry To Restore LTCG Exemption On Listed EquitiesIn its recommendations, FICCI has mainly sought the restoration of the LTCG exemption on listed shares, along with a predictable capital gains tax framework for the next decade. The demand comes as businesses seek greater certainty over tax treatment and long-term investment decisions.
Bangladesh's Garment Wage Hike Could Hand India An Opening It Waited Years ForProlonged labour unrest and a potential rise in production costs could prompt global apparel buyers to shift orders towards Indian manufacturers.
Cabinet Approves Rs 14,500-Crore Scheme For 92 GWh Grid-Scale Energy StoragePlan includes 30 GWh of battery storage, 60 GWh of pumped storage and 2 GWh from emerging technologies; scheme to be implemented with states.
