New Delhi: Finance Minister Nirmala Sitharaman on Friday said businesses will have to factor in the impact of global terror in making investment decisions. Addressing the Kautilya Economic Conclave 2023, she said terrorism is impacting the entire globe and no region is spared. With that level of risk or uncertainty coming into business decision-making, investments…
New Delhi: Reserve Bank Governor Shaktikanta Das on Friday said interest rate will remain high at the moment, and only time will tell for how long it remains at elevated level. In the wake of the ongoing geopolitical crisis, major central banks across the world have raised their key policy rates to deal with high…
Mumbai: A moderation in retail inflation in September from its peak in July has bolstered macroeconomic fundamentals even as global growth lost pace from the third quarter, a Reserve Bank of India (RBI) article said on Thursday. According to the article on ‘State of the Economy’ published in the latest RBI Bulletin, in India, a…
Panjim: Get ready to raise your glass! It’s International Gin and Tonic Day on October 19, 2023. Shaken not stirred. James Bond’s martini cocktail instructions are now a part of popular culture but not even many Bond fans might remember his recipe for the Gin and Tonic in Dr No (the first James Bond film…
Mumbai: Air India Group, which has embarked on ambitious expansion plans, is expected to take delivery of a new aircraft every six days on average till the end of 2024, according to a top official. The group, comprising Air India, Air India Express, AIX Connect and Vistara, is owned by the Tatas, which is also…
New Delhi: Congress leader Rahul Gandhi on Wednesday addressed the rising coal prices in India and alleged that Adani has directly looted the people of the country through high electricity bills. He cited a media report to accuse the Adani Group of over-invoicing in coal imports and fleecing people to the tune of Rs 12,000 crore in…
New Delhi: The government has not yet taken any decision on the issue of India joining the trade pillar of the Indo-Pacific Economic Framework (IPEF), a 14-member grouping, a senior official said. The IPEF was launched jointly by the US and other partner countries of the Indo-Pacific region on May 23 in Tokyo. The 14…
New Delhi: The government on Tuesday cut special additional excise duty (SAED) on crude petroleum to Rs 9,050/tonne with effect from October 18. As per a government notification, the special additional excise duty (SAED) on crude petroleum has now been reduced to Rs 9,050 per tonne from Rs 12,100 per tonne, effective October 18. The Centre…
New Delhi: Embattled Adani Group on Monday latched on to a complaint by a BJP MP to make its first direct attack on TMC lawmaker Mahua Moitra, who has been at the forefront of criticising the conglomerate ever since Hindenburg alleged fraud, saying groups and individuals have been working overtime to harm its name and…
New Delhi: As India and the UK inch closer to sealing a free trade agreement, a forthcoming book says the pact is critical for India’s ambition to become a manufacturing powerhouse while the UK seeks to clinch new deals to highlight the benefits of Brexit. In his forthcoming book “The Reverse Swing-Colonialism to Cooperation”, veteran journalist…
