Economy

As the Adani episode unfolds, it underscores the urgency of balancing corporate ambitions with public accountability. Failure to act risks further eroding India’s global economic standing and investor  confidence. There is an imminent…
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In a striking move to safeguard national wealth, India has repatriated 214 tons of gold from the vaults of England, a signal of heightened concern over escalating geopolitical tensions and looming sanctions. This shift reflects a broader…
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The recent Periodic Labour Force Survey (PLFS) Annual Report 2023-24 suggests signs of improvement in labour force participation rate and worker population ratio compared to past years but at the same time underlines some structural…
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By November 1, India's rice stock is projected to reach a record high of 30 million tons, marking the highest level in two decades. Managing such a substantial stockpile presents significant logistical challenges. To reduce this surplus,…
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A smart Reserve Bank of India anticipating prices shooting up has decided not to tinker with the interest rates. It’s just not food prices but overall many commodity prices have risen in September to over 5 percent, according to Consumer…
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A surge in Indian demand for gold jewellery and bars, following a recent import duty reduction, is pushing global gold prices to record highs. According to government data, India's August gold imports reached a record high of $10.06…
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The outcome of the much anticipated SEBI board meeting on Monday showed beyond doubt that the board has become a captive in the hands of chairperson Madhabi Puri Buch, who is facing serious allegations of misconduct. The toxic work culture…
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Gold has touched $2,500 an ounce for the first time ever, marking a historic milestone in the precious metals market, a development with profound implications both globally and particularly for India, where gold holds significant cultural…
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It may look rather odd that the steel production in India, the world’s most populous country, reached only 140 million tons as against China’s output of 1.019 billion tons, last year. The main reason is that India’s housing and construction…
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The fake or adulterated products exceed the production of the basic raw material, milk, in the country. How much is the fake product has different figures from 7 to 79 percent of the packaged milk. The issue is snowballing into a major…
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Income from capital is rising fast while income from labour is on the decline globally. It is putting upward pressure on inequality. Job market has now become ever more challenging to a much worrying level, and young people are hardest hit.…
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The absence of food signifies the stage when a family starts living in absolute poverty. The consumption level comes down to extremes as affordability goes down. With the earnings going down, affordability also comes down to bottom level…
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The Sensex closing above 82,000 may grab headlines, but it doesn't reflect true market buoyancy. The SEBI has raised alarms over unscrupulous practices in the SME and real estate investment trusts(REIT) sectors, underlining the need for…
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Industrialist Anil Ambani has been barred from the securities market for a period of five years for perpetrating what SEBI describes as a 'fraudulent scheme' that led to diversion of funds from a group company. SEBI's move, ostensibly a…
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Corrupt politicians and officials have been the bane of India for decades. Even as this breed embeds themselves in different political outfits stashing their ill-gotten gains at home and abroad, the recent recommendations by the Financial…
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For unlisted BSNL, the beleaguered PSU under the administrative control of DoT, the only silver lining is that sections of users in towns and mid-size cities are porting to it from other telecom service providers under TRAI’s Mobile Number…
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Gold has touched $2,500 an ounce for the first time ever, marking a historic milestone in the precious metals market, a development with profound implications both globally and particularly for India, where gold holds significant cultural…
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The unemployment rate has been rising sharply from seven percent in May to 9.2 percent in June, 2024 in our country today according to CMIE. Government is yet to offer way out from the great crisis. Though our economy is under the shadows…
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The CEO of OLA, Bhavnish Aggarwal has endorsed a 70-hour work week call given by the Infosys founder Narayana Murthy some time back. He argues against the concept of work life balance saying that enjoyment of work naturally fosters…
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For the first time, the Indian annual budget for 024-5 focused on the aim of manufacturing from the perspective of job creation, rather than boosting GDP. Manufacturing has been a failure in the earlier years to drive the GDP growth. The ,…
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Finance minister Nirmala Sitharaman has provided a theoretical framework, explained in the acronym EMPLOYMENT, for her budget formulation: E for Employment and Education, M for MSMEs, P for Productivity, L for Land, O for Opportunity, Y for…
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Union Ministry of Labour and Employment has started meeting representatives of Central Trade Unions seeking their co-operation for early implementation of the four labour codes, which were put on hold by Modi government during its entire…
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The ongoing unrest in Bangladesh is having a significant impact on businesses across India, affecting a wide range of sectors. From onion exporters to large corporations, many are experiencing substantial losses, including in the stock…
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Air fares to shoot up sharply as airlines in India, the third largest in the world, face shortage of aircraft. The airlines are to suffer as the US Boeing is in crisis for its Starliner space vehicle leakage and two fatal crashes defrauding…
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It is a coalition budget with promise of job creation through the corporate a tall task and placate the contentious allies with a large package and opening up the states to multilateral bank fundings, that can become a quagmire. Politics…
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