Euro-area inflation reaches record as war threatens more price pain

Euro-area inflation reaches record as war threatens more price pain

Euro-zone inflation hit an all-time high, outstripping expectations as Russia’s invasion of Ukraine threatens to send energy costs soaring at an even faster pace. Consumer prices jumped 5.8 percent from a year ago in February, up from 5.1...

How is Ukraine-Russia Conflict Impacting Indian Economy?

How is Ukraine-Russia Conflict Impacting Indian Economy?

The Russian attack on Ukraine has harmed stock markets while driving up crude oil, basic metals, and agricultural products prices. With Russia's increasing invasion of Ukrainian territory, the West's sanctions have affected global supply...

GST Revenue Collections Increased by 18 percent to over Rs 1.33 lakh billion in February

GST Revenue Collections Increased by 18 percent to over Rs 1.33 lakh billion in February

According to statistics issued by the Finance Ministry on Tuesday, gross goods and services tax (GST) revenue collections in February (for sales in January) increased 17.6% year on year to Rs 1.33 lakh billion. This is the seventh month in a row...

Euro and US stock futures slide as risks mount owing to Russia-Ukraine crisis

Euro and US stock futures slide as risks mount owing to Russia-Ukraine crisis

US equity futures sank with the euro while the safe-haven dollar as well as yen were in demand on Monday after the Western nations imposed fresh sanctions on Russia owing to its invasion of Ukraine, including blocking some banks from the SWIFT...

Centre Permits 20 percent FDI In LIC Via Automatic Route Ahead of IPO

Centre Permits 20 percent FDI In LIC Via Automatic Route Ahead of IPO

The central government on Saturday, 26 February, has allowed for a cap of 20 percent Foreign Direct Investment (FDI) through the automatic route in the Initial Public Offering (IPO) of LIC, news agency PTI reported. This has been done to ensure...

Reliance extends its working capital support to continue the FRL business

Reliance extends its working capital support to continue the FRL business

In order that the Future Retail Limited (FRL) business could continue, Reliance has also extended working capital support due to which FRL has been able to pay its statutory dues, pay interest and one time settlement amount to the banks in order...

How FDI can Benefit the Recipient Nation in Economic Growth?

How FDI can Benefit the Recipient Nation in Economic Growth?

FDI refers to the investment of funds by an organisation situated in one country into another company of some other country, with the commitment of beginning a ‘lasting interest’. When an organisation acquires a minimum of 10% of...

India's FDI inflow of USD 60.3 billion in April-Dec '21 decreases to 10.6 per cent, states Govt data

India's FDI inflow of USD 60.3 billion in April-Dec '21 decreases to 10.6 per cent, states Govt data

India received total foreign direct investment of USD 60.3 billion during April to December 2021 which is 10.6 per cent lower when compared to the USD 67.5 billion of FDI received the same period of 2020-21, according to a government's data....

Asia may contribute 60 percent of global growth by 2030: says Mukesh Ambani

Asia may contribute 60 percent of global growth by 2030: says Mukesh Ambani

Mukesh Ambani, who is the chairman of the oil-to-telecom conglomerate Reliance Industries, said by the year of 2030, the Asian region is expected to contribute nearly 60 per cent to global growth. "By 2030, the Asian region is expected...

Green financing critical to decarbonise Indian transport sector, states NITI Aayog

Green financing critical to decarbonise Indian transport sector, states NITI Aayog

Insisting on taking an approach which is climate-centric and sustainable - not just from an environment point of view, but also from a financial perspective, NITI Aayog CEO, Amitabh Kant on Tuesday has said that the green financing will enable low...

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