Economy

Economy News

Gold flat as imminent rate hikes fend off bullion investors

By Bharat Gautam (Reuters) -Gold prices were largely unchanged on Tuesday as investors stayed away due to a softening inflation outlook and impending interest rate hikes from top central banks..

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Economy News

See pvt capex in 2022-27 growing at twice the rate of 2016-2022 due to PLI: MD & CEO, CRISIL Ltd

The persistence of US inflation has been a surprise. In just six months since December, they have halved the US GDP growth projections for 2022. The Fed has signalled it.

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Economy News

Indian Economy Hit By Selloff In Emerging Markets As Rupee Slumps

Investors reeling from the brutal emerging markets selloff over the past six months again fled the rupee as India’s currency hit new lows, prompting the government to curb gold imports.

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Has Indonesia shaken its ‘fragile’ status among emerging markets?

By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) – A decade ago Indonesia earned the unwelcome label of being among the so-called “Fragile Five” emerging markets, economies highly vulnerable to.

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Confidence drains from UK companies as economic woes mount: BCC

LONDON (Reuters) – British companies have turned increasingly glum about the outlook, with inflation surging and investment plans looking stagnant, according to the latest business survey that shows momentum rapidly.

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Argentina president names new economy chief after shock Guzman exit

By Jorge Otaola BUENOS AIRES (Reuters) -Argentine President Alberto Fernandez named economist and government official Silvina Batakis as the new economy minister late on Sunday after the abrupt resignation of.

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Argentina economy minister, IMF deal architect, quits as government crisis builds

By Jorge Otaola BUENOS AIRES (Reuters) -Argentina’s economy minister Martin Guzman, the architect of a recent major debt deal with the International Monetary Fund (IMF), resigned on Saturday as deep.

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Brazil’s Lula says he will not tolerate threats against institutions

SAO PAULO (Reuters) – Former President Luiz Inacio Lula da Silva, who is leading in the polls for Brazil’s October presidential election, said on Saturday he will not tolerate threats.

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Economy News

India-EU FTA talks: Next round at Brussels in Sept, says ComMin

India and the 27-nation bloc resumed negotiations on June 17, after a gap of over eight years, on the proposed agreements on trade, investments and Geographical Indications (GI). The first.

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Economy News

GST collections surge to Rs 1.44 lakh cr in June, 2nd highest since rollout

Sitharaman said Rs 1.4 lakh crore is the “rough bottom line” now for GST collections. GROSS GOODS and Services Tax (GST) collections rose 55.8% year-on-year to Rs 1,44,616 crore for.

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