Budget 2024: Remedial steps to fire up local manufacturing
Union Budget: The government has drawn up a list of finished products that are subject to lower import duty than the materials needed to make them, or an inverted duty structure.
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In equity’s Indian summer, IPOs and investors make hay in 2024
The IPO market in 2024 has seen strong investor interest with 38 companies listing at an average gain of 25%. While some stocks like Jyoti CNC Automation and Exicom Tele-Systems have surged 100-300%, others are trading below offer price. Major…
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Fed would not wait for 2% inflation to consider rate cut: Powell
The US central bank will not want to wait for inflation to cool to its two percent target before considering a rate cut, Federal Reserve Chair Jerome Powell told lawmakers Wednesday. On Wednesday, Powell told lawmakers that he is not…
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MSMEs key to making India a leading electronics manufacturing destination: MeitY Secy
The Micro, Small, and Medium Enterprises (MSME) sector can play a key role in making India a leading electronic manufacturing destination, S. Krishnan, Secretary, Ministry of Electronics and Information Technology (MEITy), said on Wednesday.
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RBI job data matches with govt’s: SBI Report
The latest SBI Research Ecowrap report highlights that the Reserve Bank of India’s KLEMS data and the Annual Survey of Unincorporated Sector Enterprises (ASUSE) employment numbers from the government closely align. According to the report, the RBI’s KLEMS data estimates…
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Why RBI should be concerned about climate change
Climatic factors are now increasingly playing an important role in influencing food and fuel inflation which tends to affect the overall inflation levels which is emerging as a big area of concern for monetary policy. ET explains how could climate…
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