https://www.business-standard.com/world-news/fed-chair-jerome-powell-says-no-need-to-hurry-rate-cuts-with-economy-strong-124111500088_1.html US central bankers began lowering borrowing costs in September with an aggressive half-percentage-point cut, and then lowered the policy rate again by a quarter
Day: November 15, 2024
India’s foreign exchange reserves drop $29 billion in the past six weeks | News on Markets – Business Standard
https://www.business-standard.com/markets/news/india-s-foreign-exchange-reserves-drop-29-billion-in-the-past-six-weeks-124111501398_1.html The week ended Nov 15 saw a decline of $6.48 billion, largely due to foreign investment outflows and a decline in the value of
Galaxy Health Insurance rolls out first insurance product ‘Galaxy Promise’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/galaxy-health-insurance-rolls-out-first-insurance-product-galaxy-promise/article68871665.ece Galaxy Promise offers sum insured options ranging from Rs 3 lakh to Rs 1 crore (L-R) Mr. Kannadhasan G, Vice President & State Head
India economy in a ‘sweet spot’, says Moody’s predicting 7.2% GDP growth – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/india-economy-in-a-sweet-spot-says-moodys-predicting-72-gdp-growth/article68872189.ece “Sound economic fundamentals, a stronger external position and ample forex reserves bode well for growth outlook” Moody’s Ratings has predicted India’s economic growth to
CLSA ups India bets, trims China allocation – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/clsa-ups-india-bets-trims-china-allocation/article68872528.ece Cites India’s resilience to trade policy and strong domestic ownership CLSA is reversing its trade that saw a tactical deployment of its over-exposure to
Piyush Goyal says RBI should cut rates, look through food prices – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/piyush-goyal-says-rbi-should-cut-rates-look-through-food-prices/article68867461.ece It is an absolutely flawed theory to consider food inflation while deciding on rates, says Union Minister of Commerce and Industry Piyush Goyal India’s
Number of people with diabetes quadrupled since 1990, says new data – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/national/number-of-people-with-diabetes-quadrupled-since-1990-says-new-data/article68867505.ece ‘India home to most number of people with diabetes, after China’ The number of adults living with diabetes has crossed 800 million globally, more
Indian economy sailing through smoothly amid global headwinds and contradictions: RBI Guv Das – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/indian-economy-sailing-through-smoothly-amid-global-headwinds-and-contradictions-rbi-guv-das/article68868201.ece The Governor observed that the headwinds from geopolitical conflicts, geo economic fragmentation, commodity price volatility and climate change continue to blow Amid global headwinds
Expectations from review of direct tax laws – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/expectations-from-review-of-direct-tax-laws/article68868920.ece A permanent dispute resolution mechanism could expedite cases and reduce courts’ burden The Finance Minister’s recent announcement of a comprehensive review of the provisions
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