How Bessent, America's bond salesman, cornered Japan on big spendingIn a significant dialogue, US Treasury Secretary Bessent encouraged Japan to implement reforms in its fiscal and monetary policies. Aiming ...
West Bengal needs 7.25% annual growth to achieve 5X economy by 2047: ORF reportA report details West Bengal's path to a fivefold economy by 2047. It identifies growth gaps and proposes six pillars for development. The ...
World Bank mobilises $112 billion in private capital for developing nationsThe World Bank mobilised $112 billion in private capital for developing nations last year. This significant increase reflects a strategic s...
Global Market: Hong Kong dollar hits one-month low as carry trades loomThe Hong Kong dollar weakened towards the lower end of its trading band as the widening interest-rate gap with the US increased the appeal ...
India’s August exports rise 26.1%, trade deficit narrows to $26.9 billionIndia’s merchandise exports jumped 26.1% year-on-year to $43.8 billion in August, accelerating from 19.6% growth in July, while slower impo...
HDFC Bank is winning the mutual fund vote over ICICI Bank. Can the shift last?HDFC Bank’s stock has fallen 27% in 2026, while ICICI Bank has gained 1.6%. Yet mutual funds have increasingly favoured HDFC Bank, adding t...
In 1967, Ralph Lauren started with a $50,000 loan and one line of neckties; that small tie business became a multibillion-dollar global fashion empireRalph Lauren began his business with a modest loan and a bold idea for neckties. This initial venture evolved into a vast lifestyle and fas...
Dollar girded by bets on a US hiking cycleOn Wednesday, the dollar maintained its recent strength against leading currencies as traders eagerly awaited the Federal Reserve's anticip...
India-China trade reset: New talks begin on trade concerns, supply chains; more meetings expectedIndia-China trade reset: India and China have begun discussions to address key bilateral trade concerns, with a focus on structural trade i...
Can Rs 6.6 lakh crore in potential PSU divestments bring FPIs back to Indian markets? Axis Capital explainsAxis Capital says faster government divestments could expand India’s investable equity pool, ease valuation pressures and limit foreign out...
Austin weatherized 625 homes for low-income customers in 2021; Austin Energy estimated 687.5 MWh of annual savings after insulation, sealing and AC workAustin Energy's weatherization initiative has made a notable impact on energy efficiency within low-income households. By providing no-cost...
US budget deficit shrinks in August, year-to-date flat at $1.97 trillionThe US federal budget deficit decreased significantly in August. This reduction occurred due to lower spending and some payment shifts. How...
RBI should hike rate by 25 bps in October to counter external shocks: ReportAn SBI research report recommends the Reserve Bank of India raise interest rates. The central bank should implement a 25 basis point hike n...
Micron's Taiwan workers to get rewards worth up to 68 months of payMicron said the payouts to employees were its strongest ever and that more than 60,000 staff globally will receive fiscal 2026 rewards "fol...
Why Jefferies is bullish on Manipal Hospitals after its ₹9,000 crore acquisition spreeManipal Hospitals’ acquisition-led expansion is entering a key phase, with Jefferies initiating coverage with a Buy rating and Rs 870 targe...
CDSL’s IPO jackpot comes with a valuation catch. Jefferies sets Rs 1,315 targetJefferies retained a Hold on CDSL with a Rs 1,315 target, implying 7% downside from Rs 1,414.90. While the IPO revival could add 3–4% to ea...
Apr-July fiscal gap touches 26.8% of full-year targetThe Centre's fiscal deficit for April-July FY27 stood at 26.8 percent of the budget estimate. This figure showed a slight decrease compared...