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SUGARCANE RECOVERY RATE IMPACT 2023
Farmers say no to early sugarcane crushing, demand compensation and higher sugar, ethanol prices firstFarmers' organizations in Maharashtra and Karnataka are resisting the government's early sugarcane crushing proposal. They demand compensat...
World Bank flags oil, El Niño and global market risks to growthThe World Bank has revised its growth forecast for South Asia, projecting a robust 6.9% by 2026, driven by a surge in consumer demand. Indi...
Banks vs NBFCs: Which stocks could benefit as RBI eyes rate hike for first time in 3 years?The RBI’s expected first rate hike in three years could have a mixed impact on banks and NBFCs. While higher funding costs may pressure NBF...
US services sector cools in September, price pressures buildingThe US-Israeli war with Iran has raised prices of energy and related products and led to shortages of commodities shipped through the Strai...
GST enforcement may shift from 'arrest' to 'detect, recover and prosecute serious frauds'The GST Council is likely to consider major enforcement reforms on October 7 that could remove GST officers’ power to directly arrest alleg...
Global Market: Eurozone business activity hits 29-month high as price pressure intensifiesEurozone business activity expanded at its fastest pace since April 2023 in September, driven by strong service demand and AI investments. ...
Eurozone business growth hits over 3-1/2-year high despite inflation worries, PMI showsEurozone business activity experienced significant growth in September due to strong demand despite inflation concerns. The S&P Global Euro...
How rising US bond yields and dollar recovery is weighing on goldGold is facing renewed selling pressure after the US Fed’s rate hike, with higher Treasury yields and a stronger dollar reducing the appeal...
UPI MDR: 0.4% charge raises questions over MSME margins, cash flows and digital creditIndustry representatives say merchant size, margins, and the nature of goods should determine the merchant discount rate (MDR), while finte...
IMF reaches staff-level deal with Sri Lanka for $345 million in financingThe International Monetary Fund has agreed to a $345 million financing deal with Sri Lanka. This deal is contingent upon the upcoming 2027 ...
Let exchange rate act as shock absorber: IMF on Fed hike impact on IndiaThe International Monetary Fund has noted the potential impact of the US Federal Reserve's interest rate hikes on global markets. This situ...
- America In Focus: Unemployment rate climbs, mortgage rate hits nearly 3 year high
The US economy showed mixed signals over the past week, with consumer confidence falling to its lowest level since 2014 and mortgage rates ...
India can sustain around 7% growth despite global concerns: Nilesh ShahIndia is projected to experience approximately 7% economic growth this year despite higher oil prices and deficient rainfall. Nilesh Shah, ...
RBI rate hike unlikely to trigger broad-based NBFC asset quality stress: ReportA report from Nuvama Institutional Equities indicates that a potential RBI rate hike may not significantly stress NBFC asset quality. Past ...
NCLT admits insolvency plea by Kotak Mahindra Bank against Unity RealtyKotak Mahindra Bank's insolvency petition against Unity Realty and Developers has been admitted by the NCLT. The petition was filed due to ...
GST relief for gaming companies raises hopes across the sectorTax authorities have taken a softer approach towards gaming companies in the first four final GST orders issued after the Supreme Court rul...
Eurozone factory growth hits four-year high in September on strong demandEurozone manufacturing growth accelerated to a four-year high of 52.9 in September, driven by robust demand for capital goods and rising ex...
Crisil lifts India FY27 growth forecast to 7% on strong H1 momentumCrisil has raised its GDP growth forecast for India in FY27 to 7%, reflecting strong domestic demand. Resilient consumer spending and gover...
Global Market: Yuan heads for seventh straight quarterly gains as exporters boost dollar salesChina’s yuan strengthened against the dollar, heading for its seventh straight quarterly gain, supported by exporter dollar selling, strong...
Fed rate hikes: What happens to gold prices when US interest rates rise?Cutting through money jargon, one topic at a time. This week Abhinav Kaul explains why US interest-rate hikes can affect gold prices, and w...