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INFORMAL ECONOMY
US-Iran war: Oil seen averaging at $105 per barrel in June, July as brent remains below $100 a barrelIran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...- Mobile data cost dips 97% to Rs 8 per GB, broadband users up 17x in 12 years of Modi govtInternet data costs have fallen dramatically by 97 percent since 2014, making it more affordable. This has led to a significant increase in...
- US inflation hits three-year high at 4.2% in May amid high energy pricesAmerica's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle Ea...
- Swiggy, Zomato, Uber asked to register gig workers by June 21: ReportApp-based platforms like Swiggy, Zomato, Uber, Ola, Rapido, Blinkit, and Zepto must register their gig workers on the e-Shram portal by Jun...
- BFSI’s new trust economy: Why privacy is the quietest driver of growthWith India's DPDP framework taking shape, forward-looking financial institutions are turning privacy into a competitive advantage with supp...
- Stock-pay boom amplifies US economic drumbeat: Mike DolanRising stock prices are increasingly impacting U.S. worker compensation, particularly in the technology sector, where stock-based compensat...
- Higher gasoline prices likely pushed up US consumer inflation again in MayMay is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by es...
- Earth observation can add USD 263 billion in annual economic value globally: ReportEarth observation data offers a massive economic opportunity, potentially worth over USD 700 billion annually. However, a significant porti...
- What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
- 'Last year we exported Rs 35,000 crore components to China': Ashwini VaishnawIndia's electronics manufacturing is on the rise. Last year, components worth 35,000 crore rupees were exported to China. Around 250 new co...
- Carlsberg gears up to file for $700 million India IPOCarlsberg A/S is preparing to file draft papers for an IPO of its India unit as early as this month, sources said. The listing could raise ...
- India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...
- RBI approves Sahamati as SRO for Account Aggregator ecosystemThe Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...
- Consumption demand faces risk from global headwinds, parliamentary panel informedIndian officials have warned that consumption demand might face challenges due to global economic pressures. However, strong service export...
- India, Venezuela eye energy partnership as Acting President Delcy Rodriguez wraps up New Delhi visitIndia and Venezuela are strengthening energy ties. Discussions cover oil production and refining. Venezuelan Acting President Delcy Rodrigu...
- India-US trade deal could further boost already vibrant trade corridor: Citi India CEOA proposed India-US trade agreement is set to enhance trade and investment. Citi India CEO K Balasubramanian expressed optimism about this ...
- UK's Russell Group calls for tougher action on student visa fraudLeading UK universities, the Russell Group, are calling for a focused strategy against student visa fraud. They emphasize that isolated cas...
- Norms issued to estimate District Domestic ProductNew uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indi...
- India to unveil broader gauge for inflation in data revampIndia is introducing a Producer Price Index for the first time. This new measure will track prices received by producers of goods and servi...
- 'Trust, dignity, empowerment': PM Modi celebrates six years of PM SVANidhi scheme, empowers street vendorsPrime Minister Modi on X posted, "Today we mark #6YearsofPMSVANidhi, a scheme which has transformed the lives of countless street vendors b...
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