BRICS+ group, which includes countries like Brazil, Russia, India, China, South Africa and newly joined members, is rapidly increasing its share in global merchandise exports and imports. EY India predicts that BRICS+ is expected to overshadow the G7 nations in…
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India Ratings and Research forecasts a decline in inflation for FY25 but does not expect immediate rate cuts from the Reserve Bank of India. Persistent high food prices and weak industrial activity challenge the economy, though positive rural demand and…
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Investment demand for gold skyrocketed, more than doubling from the previous year to 364 tonnes. This surge was primarily fueled by a shift in demand for gold exchange-traded funds (ETFs) among Western investors, with global gold ETFs adding 95 tonnes–a…
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The persistent pressure of elevated food prices continues to drive inflation, suggesting that any potential reduction in interest rates will hinge on evidence of stable inflation trends nearing the RBI’s target of 4 percent. As such, market participants may need…
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“This Diwali, we are celebrating with our delivery partners by recognising their dedication, including awarding bikes to top performers,” said Pallavi Tyagi, CMO, Ecom Express. Ecom Express is also conducting team bonding activities like fun games, music, and an Ethnic…
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India’s external assets have increased by USD 108.4 billion from June 2023 to June 2024, while liabilities grew by USD 97.7 billion, according to the RBI. This has resulted in a slightly improved net International Investment Position, now at negative…
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