economic news this week
- ECONOMY
GST Collections Stay Above Rs 1.4 Lakh Crore For Seventh Straight Month
India’s monthly goods and services tax revenue remained above Rs 1.4 lakh crore for the seventh month in a row.…
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United States imposes sanctions on more than 300 Russians following Ukraine annexations
The United States imposed fresh economic sanctions Friday on more than 300 Russian businesspeople, politicians and their families over Moscow’s…
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Government Hikes Domestic Natural Gas Prices Amid Call For Change In Pricing Formula
The Ministry of Petroleum and Natural Gas has raised the benchmark price of administered domestic natural gas on Friday, even…
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ONDC Beta To Open For Public In Bengaluru On Sept. 30
The commerce and industry ministry’s initiative to help small retailers and reduce the dominance of e-commerce giants, Open Network for…
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Sukanya Samriddhi Yojana: Benefits And Other Details
Introduced on Jan. 22, 2015, by Prime Minister Narendra Modi, Sukanya Samriddhi Yojana is a saving scheme aimed at providing…
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Delhi Pollution: Kejriwal Unveils 15-Point Winter Action Plan, Urges Cooperation Among NCR Neighbours
Delhi Chief Minister Arvind Kejriwal on Friday announced a 15-point Winter Action Plan while calling for a coordinated effort with…
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PCE price index rises more than expected in August
AsiaVision/E+ via Getty Images August Personal income and Outlays: +0.3% M/M vs. +0.3% expected and +0.3% prior (revised from +0.2%).…
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India’s Fiscal Deficit Till August At 32.6% Of Full-Year Target
The central government’s fiscal deficit for the April-August 2022 period came close to 32.6% of its target for the full…
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Receding Global Bounties To Hurt India’s Consumption, Capital Goods: Systematix
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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RBI Monetary Policy Review – Rate Hike In Line With Expectation, Inflation Projection Retained: ICICI Direct
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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RBI Governor Has Instilled Confidence
RBI Governor Shaktikanta Das does not want to infuse liquidity, but he certainly has instilled confidence. In the backdrop of…
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Here’s Why CLSA Fears Nifty Could Crash 30%
An unsustainable decoupling in Indian bonds and equity valuations could lead to benchmark index Nifty crashing by as much as…
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Gold, silver, copper and oil prices could all fall 13% or more, Credit Suisse says
Gold, silver, copper, oil and other commodities all seem overvalued in technical terms and could fall 13% or more from…
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How Samir Arora Identifies Alpha-Creating Stocks
Samir Arora: There are a lot of stocks in the market, around 100-200, but technically, I would say, around 400…
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Hotels Sector Check – August Industry RevPAR 9% Above Pre-Covid Levels: ICICI Securities
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Jewellery Chain Stores May Hold 40% Of India Market By 2027, Says World Gold Council
India’s massive market for jewellery, which for decades has remained fragmented, is slowly but surely being taken over by chain…
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ArcelorMittal Submits EOI For Srei NBFCs In A Last-Minute Entry
In a last-minute surprise, ArcelorMittal Nippon Steel India Ltd. has expressed interest to buy Srei Group’s non-bank lenders under the…
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V-Mart Retail Shows Festive Cheer Hasn’t Arrived Just Yet For Everyone
The V-Mart head, according to the Dolat report, said rival Trent-owned Zudio is not a major threat and has limited…
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Consumer Sector Check – Food, Fuel and Forex Inflation Continues, Easing Seen In Other Inputs: Nirmal Bang
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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The RBI Should Hike The Repo Rate By 35 Bps This Week: Motilal Oswal
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Drugmakers With Exposure To Essential Medicines May Record Best Growth In Years
While bigger companies and established brands may take price hikes, as allowed under the government-set limits, smaller players may see…
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Stocks could gain 11.5% if inflation has peaked, and BlackRock likes this portfolio mix
The S&P 500 (SP500)(NYSEARCA:SPY) has historically shot up 11.5% in the year following peak inflation, and a 50/50 mix of…
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Ken Griffin says there will be U.S. recession, but it’s a matter of when, how hard
Larry Busacca Citadel Founder and CEO Ken Griffin believes there will be a recession in the U.S., though it’s a…
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Government Appoints Lieutenant General Anil Chauhan (Retd) As New Chief Of Defence Staff
Lieutenant General Anil Chauhan (retd), a former eastern Army commander and director general of military operations, was on Wednesday appointed…
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SEC is looking at conflicts of interest in robo-advisers, Gary Gensler says
Black_Kira “We’re living in a truly transformational time,” in terms of predictive analytics, which may be just as significant, if…
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Apollo Pipes – Expanding Horizons In The Fast-Growing Pipes Industry: Systematix Initiates Coverage
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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India’s FY23 GDP Growth Pegged At 7.2%; Surge In E-Way Bills In Aug., Easing Commodity Prices Augur Well: ICRA
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Delhi High Court To Hear Challenge Against CERT-In Directions To VPN Service Providers
The Delhi High Court has agreed to hear a challenge to the Indian Computer Emergency Response Team’s April directives, which…
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Torrent Pharma’s Curatio Acquisition A Strategic Fit: Prabhudas Lilladher
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Online Gaming: Tax Authority Tracking Winnings; Issuing Notices To Check Evasion
The Income Tax Department has been keeping a close watch on taxable winnings via online gaming, and is in the…
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Home prices fall for first time in 10 years in July as mortgage rates climb (NYSE:TOL)
shaunl The Federal Reserve’s 300 basis points of rate hikes this year are starting to impact the economy by reducing…
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AIA Engineering – Stable Performance Set To Continue: ICICI Securities
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Ferns N Petals In Full Bloom As Small Towns Explore Beyond Local Florists
Ferns N Petals, the country’s largest floral retail chain, is seeing significant sales coming from small towns as consumers look…
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India Not Sitting As UNSC Permanent Member ‘Not Good’ For Global Body: Jaishankar
India not sitting as a permanent member of the UN Security Council is “not good for us” only but also…
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India, And Other IBSA Countries Call For Immediate Cessation Of Hostilities In Ukraine
India, Brazil and South Africa have jointly voiced serious concern at the ongoing conflict and humanitarian crisis in Ukraine, reiterating…
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Niira Radia Tapes: No Criminality Found In Intercepted Conversations, CBI Tells Supreme Court
No criminality has been found into the intercepted conversations of Niira Radia with some politicians, businessmen, mediapersons and others, the…
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A Cancer Drug May Hold Key To Stable Generics Pricing In US For Indian Firms
Bristol Myers lost exclusivity in the April-June period. But, despite Natco Pharma launching the first generic versions with its partner…
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Forex Interventions Not Major Constraint On Monetary Policy Independence: RBI Study
There is a high degree of absorption of money supply impact arising from forex market interventions, and no major constraining…
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S&P 500 could fall 10% more if recession comes to fruition, Goldman strategist predicts
cemagraphics The U.S. equity market could experience further losses as rising interest rates, stubbornly high inflation and slower economic growth…
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NFRA Bars CA Rajiv Bengali For Five Years
The National Financial Reporting Authority on Monday barred chartered accountant Rajiv Bengali from being appointed as an auditor or internal…
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Government’s First Estimate Pegs Kharif Rice Output Down By 6% At 104.99 Million Tonnes
India’s rice production is likely to decline by 6% to 104.99 million tonnes in the kharif season this year due…
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Cabinet Approves Second Tranche Of Rs 19,500 Crore Solar PLI Scheme
The central government on Wednesday approved the much-awaited Ministry of New and Renewable Energy’s Rs 19,500 crore production linked incentive…
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India Most Vulnerable To Climate-Linked Displacement In South Asia
More Indians are being forced to flee their homes due to natural disasters, with the country accounting for almost a…
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Leasing Of Warehousing Space Rises 62% To Record In FY22
Leasing of warehousing space in India’s eight major cities rose 62% last fiscal to record 51.3 million square feet mainly…
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Data Democratisation: The Tussle Between SEBI And Exchanges
Ever since her return to India’s market regulatory authority, Madhabi Puri Buch has put one of her key initiatives back…
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Seattle housing market slows fastest in U.S. as higher prices, rates price out buyers
bloodua/iStock via Getty Images The housing market in Seattle, Washington is cooling faster than anywhere in the U.S. as “homebuyers…
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How Yes Bank Closed The Largest-Ever Stressed Asset Portfolio Sale In India
Two years in the making, private lender Yes Bank Ltd.’s plan to offload its bad loans to a separate entity…
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RBI’s 4% Inflation Target May Warrant A Review: HSBC Securities’ Pranjul Bhandari
The structural changes and very high inflation around the world warrants a review of the Reserve Bank of India’s inflation…
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WinZO Games Sues Google Over Its Real-Money Gaming Pilot In India
WinZO Games has challenged Google’s Play pilot programme in the Delhi High Court, calling the inclusion of only daily fantasy…
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Patanjali Foods – Leveraging Patanjali Brand, Reach For Growth: ICICI Direct
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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