In an unscheduled press conference on May 4, Reserve Bank of India (RBI) Governor Shaktikanta Das announced a 40 basis point hike in repo rate and 50 bp rise in cash reserve ratio (CRR). Repo is the … [+3491 chars]
ExplainSpeaking-Economy is a weekly newsletter by Udit Misra, delivered in your inbox every Monday morning. Click here to subscribeDear Readers, Last week, within hours of each other, central banks … [+10635 chars]
NEW DELHI : The government may infuse 3,000-5,000 crore additional capital in the three public sector general insurance companies based on their performance and requirement during the year, sources … [+2482 chars]
The largest company in terms of market cap, Reliance Industries (RIL) expects the price of natural gas in India to start rising in October once again as its gas exploration business harvests from the… [+5751 chars]
In a recent teaser video, Tata Motors revealed that the upcoming Nexon EV Max can do Mumbai to Pune and be back on a single charge and likewise mentioned routes such as Delhi to Kurukshetra, Chennai … [+1922 chars]
ExplainSpeaking-Economy is a weekly newsletter by Udit Misra, delivered in your inbox every Monday morning. Click here to subscribeDear Readers, Last week, within hours of each other, central banks … [+10635 chars]
The surprised 40 bps increase in repo rate and 50 bps in cash reserve ratio by the Reserve Bank of India amid rising fear of aggressive rate hikes by the US Federal Reserve dampened the market sentim… [+13161 chars]
It's no secret that Canadian billionaire investor Prem Watsa sees India as a bright spot when it comes to investments. Watsa's Fairfax Holdings has committed $5 billion as investments to be made in I… [+3495 chars]
FMCG major HUL expects the operating environment to remain challenging in the near term as inflation is likely to continue for the next few quarters. In order to overcome the challenge, the company i… [+3000 chars]
Saudi Arabia cut oil prices for buyers in Asia as coronavirus lockdowns in China weigh on demand, countering uncertainty around Russias supplies as the Ukraine war drags on. Saudi Aramco is lowering… [+2353 chars]
