Sanjay Malhotra, Governor, RBI The regulator would continue to...
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Automobile retail sales drop 7 pc in Feb amid slowing demand FADA
Two-wheeler sales witnessed a drop of 6 per cent year-on-year in...
Miller establishes new M&A and Strategic Solutions Team
The team will sit within Miller’s Professional & Financial...
War in Ukraine, sanctions will have ‘severe impact’ on global economy: IMF
“Price shocks will have an impact worldwide, especially on poor households for whom food and fuel are a higher proportion of expenses,” the IMF said. “Should the conflict escalate, the economic damage would be all the more devastating. The sanctions on Russia will...
Russia-Ukraine turmoil triggers market stress alarms
"The market's liquidity conditions have weakened this week, and were exacerbated overnight after reports of shelling to Europe's largest nuclear plant in Ukraine," said ING currency strategist Francesco Pesole LONDON/NEW YORK: Financial indicators signalled increasing...
Research suggests ‘purchase happiness’ is directly proportional to amount of money
The authors discovered at least one way financially constrained consumers could get more happiness from their purchases: by planning Research suggests 'purchase happiness' is directly proportional to amount of moneyAnew study, led by Duke University's Fuqua School of...
China targets slower GDP growth of around 5.5% amid economic headwinds
"A comprehensive analysis of evolving dynamics at home and abroad indicates that this year our country will encounter many more risks and challenges, and we must keep pushing to overcome them," said Premier Li Keqiang at the start of China's annual meeting of...
Ukraine crisis highlights Big Tech’s potential to disrupt daily life
Russia's central bank said last week that cards of banks that fell under international sanctions - including VTB Group, Sovcombank, Novikombank, Promsvyazbank, and Otkritie - would not be able to be used with the digital wallets The disruptions were "striking" and...
FPI holdings in Indian equities down 2% to $654 bn in Oct-Dec: Report
So far in 2022 (till February 4, 2022), FPIs were net sellers in Indian equities to the tune of USD 4.95 billion The value of foreign portfolio investors' (FPI) holdings in domestic equities reached USD 654 billion in three months ended December 2021, a drop of nearly...
Climate change to uproot millions, especially in Asia:
By one estimate, as many as 40 million people in South Asia may be forced to move over the next 30 years because of a lack of water, crop failure, storm surges and other disasters No nation offers asylum or other legal protections to people displaced specifically...
Covid-19: Omicron is 40% deadlier than seasonal flu, study finds
The decline in mortality with omicron could reflect both the reduced virulence of the strain, particularly in comparison to the delta variant, and the benefits of vaccination, the researcher said The omicron strain of Covid-19 is at least 40% more lethal than seasonal...
UK shuts out Russian companies from aviation insurance market
The move will leave Russian commercial airlines scrabbling to get cover elsewhere. Industry sources say this could include from Chinese reinsurers, while other western insurers are likely to hold back from the business, fearful of other countries imposing similar...
Cyberattacks could start war, Russian space agency warns after hacking attempt
Russia will treat any hacking of its satellites as a justification for war, the head of the country's space agency was quoted as saying in a news report on Wednesday Roscosmos head Dmitry Rogozin denied media reports that Russian satellite control centres have already...