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Business News/ Economy

Economy

Tomato prices soar to ₹90/kg in Delhi-NCR as supplies hit due to rains

Monsoon effect: In the national capital, the rate of tomatoes has gone up to ₹90 per kg.

Monsoon effect: In the national capital, the rate of tomatoes has gone up to ₹90 per kg.

1 min read . 12:59 PM IST Written By Riya R Alex

Over 50% of India's imports from the ASEAN comprise coal, palm oil, and other raw materials. (Bloomberg)

India wants a relook at zero tariff imports in ASEAN FTA review

3 min read . 06:15 AM IST

Federal Reserve Chair Jerome Powell.

Jerome Powell keeps options open on rate-cut timing

2 min read . 09 Jul 2024

In the U.S., the OECD expects employment to increase by less than 1% in both 2024 and 2025, with the unemployment rate remaining around 4%. (Bloomberg )

OECD expects cooling jobs markets, but continued recovery in real wages

3 min read . 09 Jul 2024

Food inflation, which accounts for almost 40% of the overall consumer price basket, has consistently stayed above 8% since November.

Moody's keeps India's 2024 economic growth forecast unchanged at 6.8%

2 min read . 09 Jul 2024

Over the past 12 months the federal government has spent $2trn, or 7.2% of GDP, more than it has raised in taxes, after stripping out temporary factors. (Image: Pixabay)

America’s reckless borrowing is a danger to its economy—and the world’s

4 min read . 09 Jul 2024

Countries from Asia and South America make up the top 10 of the list in terms of affordability, while European countries take up bottom places (Representative Image)

World's best & worst affordable countries for expats in 2024. Check to see India

2 min read . 09 Jul 2024

A current account surplus is not always good and a deficit not always bad. What matters is the quality of the deficit or surplus. (Image: Pixabay)

Why a current account deficit is good for India

3 min read . 09 Jul 2024

RBI data shows 4.67 crore jobs created in India in FY24.

RBI data says jobs grew in India, private surveys hinge on unemployment

1 min read . 09 Jul 2024

A Mahanagar Gas Ltd outlet in Mumbai (File)

Mahanagar Gas hikes CNG & piped cooking gas prices in Mumbai from today

1 min read . 09 Jul 2024

High e-way bill generation will likely translate into high GST collections in July. (HT)

E-way bill generation moderates but remains above 100 million in June

2 min read . 08 Jul 2024

Budget 2024 expectations: Need balanced tax structure for economic resilience, says Anurag Mittal of UTI AMC (Raj K Raj / Hindustan Times)

Budget 2024 expectations: ‘Need balanced tax structure for economic resilience’

4 min read . 08 Jul 2024

The government plans to facilitate a collaborative effort between itself and the industry to bridge the skill gap among workers and ensure that India's workforce is future ready. (Photo: ANI)

Budget 2024: Want additional tax breaks or govt contracts? Train your workers

3 min read . 08 Jul 2024

Given the low impact that income tax benefits will have, a better approach likely lies outside the realm of the Budget: reduce the burden of GST instead. (Image: Pixabay

Income tax cuts in Budget: A half-hearted recipe to fix India’s consumption woes

4 min read . 08 Jul 2024

Budget 2024: Expect long-term economic vision and focus on job creation, not populism: Goldman Sachs (Photo: Reuters)

Budget 2024: Expect long-term economic vision and focus on job creation

2 min read . 08 Jul 2024

Commonwealth Bank of Australia said business demand for credit remained strong, with CBA’s appetite to lend still high. CBA is looking to grow its around 18.5% market share by lending to businesses it considered good credit risks.

Australian businesses dipping into savings, but arrears still low

2 min read . 08 Jul 2024

Budget 2024: Fix or nix MSP? SBI report calls for overhaul amid rising costs and shrinking farmer base

Budget 2024: Fix or nix MSP? SBI report calls for overhaul amid rising costs

1 min read . 08 Jul 2024

The Economic and Financial Affairs Council meeting held in Luxembourg in June. New European Union fiscal rules will only work if countries with high levels of debt and wide budget deficits make a real material and political effort to get their public finances in order, the International Monetary Fund said. (Photo: Bloomberg

Crushing debts await Europe’s new leaders

5 min read . 07 Jul 2024

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Fed’s Powell Testifies as Inflation, Hiring Cool

5 min read . 07 Jul 2024

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U.S. Coast Guard says hurricane may shut oil ports

1 min read . 07 Jul 2024