lipped from: https://economictimes.indiatimes.com/markets/stocks/news/how-to-invest-when-inflation-is-bad-and-a-recession-may-loom/articleshow/92898342.cms Synopsis If the economy were to fall into a prolonged and deep recession, the stock market might plunge further and not recover for
Category: ART
*directorate general of revenue intelligence: Customs can put tracking devices on ‘suspect’ goods – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/customs-can-put-tracking-devices-on-suspect-goods/articleshow/92907326.cms Synopsis As per the CBIC notification, if a proper officer having a reasonable belief that a suspect consignment is being imported into or
*******Central banks: Redeeming credibility | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/central-banks-redeeming-credibility-122071501472_1.html Central banks seem to have forgotten that there is one role, viz. controlling inflation, which is solely their responsibility The world over, central banks are
*******Let India export foodgrains from public stock: FM Sitharaman at G20 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/allow-india-to-export-public-stock-foodgrains-to-nations-in-need-fm-122071501325_1.html Says India could help in reducing hunger or food insecurity Union Finance Minister Nirmala Sitharaman | Photo: PTI India should be allowed to
*Rupee at life-time low to hit imports, overseas education, travel – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/forex/rupee-at-life-time-low-to-hit-imports-overseas-education-travel/article65643755.ece Rupee ends at 79.8775 against the dollar The rupee hit a record low on Friday as foreign investors continued to dump riskier assets
*******Educated, but no work: Covid spurs jobless rate among graduates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/educated-but-no-work-covid-accelerates-unemployment-rate-among-graduates/article65643658.ece More than half the graduates in Rajasthan have no jobs, shows CMIE data India is currently staring at a massive unemployment rate of
*Google Play Store updates replacing ‘Permissions’ section with ‘Data Safety’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/google-play-store-replaces-permissions-with-data-safety/article65643525.ece ‘Data Safety’ section provides information to users about all the data an app requires Google have brought in a major update to its
Fall in rupee against USD lower than many major currency – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/fall-in-rupee-against-usd-lower-than-many-major-currency/article65644534.ece Indian rupee money bag and red arrow down. Economic difficulties. Capital flight, high risks. Costs expenses. Crisis, loss savings. Stagnation, recession, declining business
G-Sec yields rise on fears of aggressive Fed rate rate hike and rising crude oil price – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/g-sec-yields-rise-on-fears-of-aggressive-fed-rate-rate-hike-and-rising-crude-oil-price/article65644917.ece Floating Rate Bond devolves on PDs at the auction Government securities (G-Secs) prices declined on Friday, tracking US Treasury yields, as the bond
*Curbing MF insider trading – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/curbing-mf-insider-trading/article65640079.ece Such a regime for MFs is much-needed, but needs to go hand-in-hand with strict material disclosures The Securities and Exchange Board of India’s
*****Trade deficit at record $26.18 billion in June as imports of oil, coal, gold soar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/trade-deficit-at-record-2618-billion-in-june-as-imports-of-oil-coal-gold-soar/article65639763.ece Exports during the month rise 23.52 per cent to $40.13 billion; imports swell 57.55 per cent to $66.31 billion The country’s goods exports
*****Rupee falls to new low vs US dollar with 100-bp Fed rate hike on cards | Business Standard News
lipped from: https://www.business-standard.com/article/markets/rupee-nears-80-level-vs-us-dollar-with-100-bp-fed-rate-hike-on-cards-122071401386_1.html Rupee which had closed at 79.64/$ at its previous close, slipped to a low of 79.92/$ intraday Photo: Brent Lewin/Bloomberg The rupee closed at 79.88
******OneCard is India’s 104th unicorn, raises $100 mn in Series D led by Temasek | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/onecard-is-india-s-104th-unicorn-raises-100-mn-in-series-d-led-by-temasek-122071401287_1.html The latest round by OneCard, owned by Pune-based FPL Technologies, also saw investment from existing investors such as QED, Sequoia Capital, and Hummigbird
*******Wheat stock in central pool close to minimum threshold amid low procurement | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/wheat-stock-in-central-pool-close-to-minimum-threshold-amid-low-procurement-122071401511_1.html Grain inventory in central pool, as on July 1, 2022, lowest since 2019 The last time the wheat stocks in the Central pool
*Settling trade in rupee: FTP tweaks may allow traders export benefits | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-to-soon-make-amendments-to-ftp-for-settling-trade-in-rupees-122071401325_1.html It is not clear if the changes will be part of the existing FTP or the new policy that the DGFT hopes to
*India’s dipping learning levels | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/indias-dipping-learning-levels-1124732.html The 2021 survey reported an average learning level of 59 per cent in grade 3; 49 per cent in grade 5; 42 per
*******Mental health: Who decides need for treatment? | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/mental-health-who-decides-need-for-treatment-1125490.html The first step towards recognition of the government’s responsibility towards mental healthcare facilities was the enactment of the Mental Healthcare Act, 2017 Representative image. Credit:
*Healthcare needed for returning NRIs | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/healthcare-needed-for-returning-nris-1126121.html Healthcare expenditure necessitated within the Indian medical ecosystem may appear to be comparatively affordable from an expat’s perspective Representative image. Credit: iStock Photo Low-Income
*Why are women and children in India becoming more anaemic? | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/why-are-women-and-children-in-india-becoming-more-anaemic-1126584.html The prevalence of anaemia in India was a concern in 2000 and has worsened two decades later despite gains in the intervening period
Fed official signals willingness to hike interest rates full percentage point | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/fed-official-signals-willingness-to-hike-interest-rates-full-percentage-point-1126801.html The Fed in March began aggressively raising borrowing costs to try to cool demand amid the impact of the Ukraine war The Fund