The Conference of the Parties or the COP28 began on November 30 amidst many controversies and debates in the oil-rich nation of the United Arab Emirates. Dubai hosts the largest annual climate action summit till December 12, which is expected to witness over 70,000 delegates from across the globe with a single mission of fast […]
The impact of this decision will potentially be on loan seekers and it is likely that the low-ticket loans may not be so readily available as banks will be required to maintain a higher CRAR or capital to risk-weighted assets ratio. The Reserve Bank of India’s (RBI) decision to increase risk weights on consumer […]
The World’s five largest economies are the United States of America, China, Japan, Germany and India. Except for India, the first four also house global champions in all key sectors from banking, insurance, and automobiles to financial markets. Indeed, the top largest economies need to lead in some sectors or technologies to sustain and cement […]
Electric vehicles (EVs) have gained significant traction in recent years. This, along with biofuels, is at the centre of India’s energy transition pathway to help it realise its ambitions of net zero emissions by 2070. Also, to meet 50 per cent of its electricity requirements from renewables by 2030. Biofuels can not only play an […]
Indian IT companies need to produce more jobs and a 70-hour week will not just be a hurdle in creating more opportunities for prospective IT professionals but also counter-productive for a company’s own growth Domestic IT sector, one of the largest white-collar job-creators in India, witnessed shrinking in hiring during the August-September quarter. This is […]
Bond yields remain a benchmark for banks to set interest rates for lending purposes. An elevated bond yield will trigger interest hikes from banks without the need for Central Banks of respective countries to increase policy rates The US treasury bond yields jumped over 5 per cent last week for the first time in a […]
With about Rs 1.5 trillion in tax demand for 2017-2022, the fast-growing online gaming industry has woken up with a shock after the Goods and Services Tax (GST) Council decided to bring in a 28 per cent tax on online gaming recently. Even though the tax authorities have been reiterating from time to time that […]
During the G20 Summit in New Delhi, India exhibited its soft-power diplomacy, which is no longer limited to the strength of its ancient culture, traditions and hospitality. At the Bharat Mandapam, one of the main venues in New Delhi in August, the UPI services for foreign delegates and a unique ‘Digital India’ tech experience featuring […]
At USD 590 billion, India seems to be sitting pretty on its forex reserves. The current slippage is primarily on the strengthening dollar and rising bond yields after the Fed’s commentary on a ‘higher and longer’ interest rate. Things will improve in time. The Dollar’s rise has triggered depletion in India’s foreign exchange reserves to […]
Rising oil prices, appreciating US dollar and monsoon deficit in the wake of EL Nino put a formidable challenge to global economies to contain food inflationWhile the central banks across the globe have been sweating it out to bring down inflation in the aftermath of the Russia-Ukraine conflict, still the biggest challenge before them seems […]
