The Indian rupee has come under immense pressure and touch a historic low of 85.81 against the US dollar on Friday. Find out five big factors that are weighing on the INR
The potential tax relief is expected to benefit tens of millions of taxpayers, particularly urban residents facing high living costs. A final decision is expected closer to the budget announcement on February 1
In 2024, legal precedents and IBC reforms transformed India's financial system enhancing asset recovery and streamlining distressed business resolutions
This week’s market slump eroded Rs 18.5 lakh crore ($223 billion) in investor wealth. The downturn has been attributed to risk aversion in the global markets after the hawkish stance of the US Federal Reserve
After aggressive rate hikes in 2022 and early 2023 to combat surging inflation fueled by energy and food costs, central banks are increasingly turning their attention to rate cuts to support growth
Aurobindo Pharma, Cipla, Dr. Reddy’s Laboratories, Glenmark, and Sun Pharma are among the top beneficiaries of the schemes, receiving incentives ranging from Rs 150 crore to Rs 330 crore
Widespread weakness across sectors, declining household and government spending, and a shrinking GDP per capita have created difficulties for New Zealand. The downturn pressures policymakers to cut rates further amid hopes of a gradual recovery
Vijay Mallya claimed that the Indian banks have recovered more than double the amount owed in the Kingfisher Airlines case and said despite that he is labelled as 'economic offender'. The fugitive businessman also said that he is 'entitled to relief' after Finance Minister Nirmala Sitharaman told the Parliament that PSUs have recovered Rs 14,131.60 crore from sale of assets belonging to him
The Indian stock market nosedived as the Sensex tumbled over 1,100 points and the rupee hit a record low of 85.3 against the US dollar. This sharp sell-off was triggered by the US Federal Reserve's hawkish rate cut, signalling fewer reductions in 2025 and fuelling global economic uncertainty
Wall Street witnessed a major drop after the Federal Reserve announced final cuts before US President-elect Donald Trump comes to power. However, the American central bank warned that there will be fewer cuts in 2025
India’s defence sector is growing with small arms production playing a key role in securing borders and boosting its global standing
A few years ago, automakers were celebrating record profits as the pandemic caused new car shortages, allowing them to raise prices. Now, the industry is facing a harsh reality, according to a report
Bitcoin surged to a record high above $106,000 on Monday. The cryptocurrency rose more than 50 per cent since Donald Trump's win in the November 5 election and is up 192 per cent for the year. Read more to find the reason for the new spike
IBBI has proposed a Creditor-Led Resolution Process, or CLRP, as a new approach to address challenges in corporate insolvency
These positive developments come as India grapples with a seven-quarter low in real GDP growth, which fell to 5.4 per cent in the July-September period, down from 6.7 per cent in the previous quarter
A recent survey by Ficci and Quess Corp Ltd has reported the private sector profit at a 15-year high but found the growth in salaries has been meagre or negative. The report is being discussed by the government
The Indian rupee weakened to a low of 84.88 to the US dollar, down 0.04 per cent on the day. The currency was quoted at 84.8750
China is considering allowing its currency yuan to weaken in 2025 as the country braces for higher US trade tariffs as Donald Trump returns to the White House on January 20, 2025
President-elect Donald Trump has made tackling inflation and reducing the cost of living a cornerstone of his campaign. However, the recent uptick in inflation suggests the road ahead may be more complex than anticipated
According to latest Noble & Co Whisky Intelligence Report, the whisky market is experiencing an extremely sharp downturn, with auction values and transaction volumes plummeting to new lows
Sanjay Malhotra took charge as the 26th Governor of Reserve Bank of India (RBI). He assumes the crucial post at a very critical juncture, where growth and inflation balance has 'unsettled' as per his predecessor Shaktikanta Das
Shaktikanta Das’s tenure as RBI governor ended today. As he bid adieu to the most challenging role, we took a look at some of his big decisions that helped the Indian economy to perform better despite hurdles
Revenue Secretary Sanjay Malhotra is all set to succeed Shaktikanta Das as the Reserve Bank of India (RBI) governor. As Malhotra begins his three-year tenure begins tomorrow, a look at three big challenges that he will face as India’s central bank head
The popular video-sharing app is expected to appeal the ruling to the Supreme Court while seeking support from Trump, who has become an unlikely ally in opposing the ban
US District Judge Reed O'Connor of the Northern District Court of Texas noted that prosecutors provided "shifting and contradictory explanations" regarding the role of diversity in the monitor's selection process
European nations appear to be using the garb of genuine issues like environmental protection and labour rights to maintain a degree of protectionism to safeguard their own economic interests in the EU-Mercosur deal
OPEC+ members are holding back 5.86 million barrels per day of output, or about 5.7% of global demand, in a series of steps agreed since 2022 to support the market
Bitcoin has created yet another history by surpassing $100,000. The journey of Bitcoin from zero to a new historic high took 14 years and was full of rallies and crashes. Read on to find out more
Bitcoin surges past $100,000 for the first time. Donald Trump win and decisions to political drama in South Korea, here are the big factors which helped the oldest and the largest traded cryptocurrency to create a record
The Indian government has announced abolishing the windfall tax on aviation turbine fuel, crude oil, petrol, and diesel, effective immediately. The decision marks the end of a levy introduced on July 1, 2022