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CAREEDGE CHIEF ECONOMIST RAJANI SINHA
US tariff waiver on Russian crude a comforting relief, but trade uncertainties persist: CareEdge Chief Economist Rajani SinhaCareEdge Chief Economist Raj Sinha said the US decision to waive sanctions provisions that could have led to tariffs of up to 100% on India...
India’s digital public infrastructure among world’s 10 most effective reforms: ReportIndia's Digital Public Infrastructure has been recognized as one of the top ten effective reforms globally. This infrastructure, particular...
ReNew CEO warns China reliance puts energy transition at riskChina's dominance in solar panel production, controlling approximately 90%, poses risks to the global transition towards renewable energy a...
US consumers are muscling through higher prices, but for how long?High gas prices are impacting inflation, leading to increased costs across various sectors and goods. Consumers are still maintaining spend...
AI stocks keep falling, but the rest of the market is supporting Wall StreetThe S&P 500 was virtually unchanged in midday trading after erasing an early loss. The weakness for AI stocks dragged the Nasdaq composite ...
WEF could appoint Lagarde as early as November, sources sayChristine Lagarde is likely to be appointed as the chair of the World Economic Forum next month. This change would require her to step down...
Bollywood actor Imran Khan who took part in CJP protest had sold his Ferrari, BMW and Mercedes for a common man’s Volkswagen Polo GT car. Why he ditched the luxury cars?Former Bollywood actor Imran Khan traded his luxury car collection, including a Ferrari, Porsche, Mercedes and BMW, for a customised Volksw...
Wholesale inflation hits series high of 11.4% in September as fuel, food prices surgeIndia's wholesale inflation reached 11.4% in September, significantly increasing from 9.9% in August. Rising prices of fuel, food, and manu...
Eye on the price: Retail inflation at 5.54% in September, most on new baseIndia's retail inflation increased to 5.54% year-on-year in September, the highest since January. This rise is attributed to higher food pr...
Small-biz optimism in US at three-month lowThe National Federation of Independent Business index slipped 0.8 point to 97.9, according to data released on Tuesday. Six of the 10 compo...
US existing home sales rise in September; higher mortgage rates dim outlookHome sales rose 1.5% last month to a seasonally adjusted annual rate of 3.99 million units, the National Association of Realtors said on Tu...
Rupee rebounds nearly 1% after RBI moves to curb speculative tradesThe rupee rebounded nearly 1% to 95.77 per dollar on Monday after the RBI announced measures to curb speculative currency trades. A special...
Pressure on rupee may continue after temporary gains on RBI actions, say economistsThe Reserve Bank of India has implemented emergency measures to stabilize the rupee, which is facing strong global pressure. Analysts indic...
Mumbai heatwave alert widens across Maharashtra as IMD warns of hot conditionsMumbai and nearby districts are currently under a yellow alert for potential heat-wave conditions. The India Meteorological Department fore...
US jobless claims hover near 57-year low for fourth consecutive weekIn a recent report, weekly unemployment claims saw a slight drop of 2,000, totaling 197,000, which suggests some stability within the job m...
India bonds hemmed in as market digests higher ratesThe Reserve Bank of India has increased its key policy rate by 25 basis points, raising it to 5.50%. This adjustment signifies a strategic ...
Economists see food, oil stoking India’s September inflationIndia's consumer inflation is anticipated to rise as energy costs increased significantly during September. Brent crude surpassed $100 a ba...
RBI may increase rates by 0.25 pc in Oct policy amid inflationary pressures, experts poll showsThe RBI is expected to raise the repo rate by 25 basis points in its October policy review as inflation pressures build from higher crude p...
Strong macro show takes shape in Q2 before festive rushIndia's economy is experiencing significant growth, highlighted by a 14.7% increase in goods and services tax collections in September. Car...
Services output grows 13.5%, 17 of 19 sectors expandThe service sector is expected to maintain its underlying strength in the months ahead, said Rajani Sinha, chief economist at CareEdge Rati...