News
US-Iran peace deal boosts Indian markets, strengthens Rupee: Experts
53+ min ago (315+ words) Asianet Newsable Markets Rally on Peace Agreement Indian markets reacted positively on Monday after the announcement of a preliminary peace agreement between the United States and Iran, with experts pointing to easing geopolitical risks, lower crude oil prices and a…...
India's GDP stats credible, not boosted artificially: CEA Nageswaran
19+ hour, 53+ min ago (348+ words) Chief Economic Advisor (CEA) Dr V Anantha Nageswaran has defended the credibility of India's GDP statistics, saying the country does not use revisions in methodology or base years to artificially boost economic output figures. In an exclusive interview with ANI,…...
South Korea's AI Chip Boom Fails to Boost Wider Economy: Nomura
1+ day, 17+ hour ago (455+ words) The artificial intelligence-led semiconductor boom has yet to show a strong spillover into South Korea's broader economy, even as currency and financial stability concerns make a Bank of Korea rate hike in July increasingly likely, Nomura's senior economist said Friday....
India's productivity lags Asian peers, gap with China widens: Report
2+ day, 53+ min ago (337+ words) India's labour productivity gap with China has widened by more than USD 30, 000 per worker since 2000, despite decades of strong economic growth, with the country yet to achieve the industry-led productivity transformation seen in economies such as China, South Korea and…...
India's inflation gives RBI room to hold rates despite food, fuel risks
2+ day, 4+ hour ago (458+ words) Asianet Newsable India's inflation gives RBI room to hold rates despite food, fuel risks India's inflation trajectory may allow the RBI to hold rates through Q1 FY27, as May's CPI undershot forecasts. However, rising food and fuel prices, along with the El…...
Akhilesh Yadav slams BJP over inflation, weakening rupee, US crisis
2+ day, 4+ hour ago (457+ words) Samajwadi Party (SP) Chief Akhilesh Yadav slammed the BJP-led Central government over the weakening rupee, inflation and expressed concern over the long-term implications of the West Asia crisis on the Indian economy. Akhilesh Yadav's remarks follow the death of three…...
Strong economic growth cushions fiscal blow for Indian states: S&P
3+ day, 18+ hour ago (338+ words) Strong economic growth is helping prevent the finances of Indian states from deteriorating despite persistent fiscal deficits and rising debt levels, according to a report by S&P Global Ratings. In a report titled "Indian States: Strong Growth Softens The…...
So Fi CEO Anthony Noto Says Personal Loans Can Help Americans Escape Credit Card Debt 'Crisis"
5+ day, 8+ min ago (566+ words) As Americans grapple with record levels of credit card debt, So Fi Technologies (SOFI) CEO Anthony Noto is touting personal loans as a clearer path out of debt than high-interest revolving credit cards. In a post on X, Noto said…...
Gold, Silver Slide Amid US-Iran Escalation: Why Citi Sees Further Downside
5+ day, 2+ hour ago (618+ words) Gold and silver prices declined more than 2% each in the overnight session on Tuesday, even as the U. S. launched fresh strikes on Iran, dashing hopes for a peace deal between the two countries. Spot gold prices fell below $4, 200 an ounce, their…...
Consumer sector sees strong Q4 FY26 recovery on rural, urban demand
6+ day, 22+ hour ago (175+ words) India's consumer sector witnessed a strong recovery in demand during the fourth quarter of FY26, driven by resilient rural consumption, improving urban demand and affordability benefits from GST-related measures, according to a report by Nuvama. The report noted that Q4 FY26 emerged as…...