Extreme poverty (living on less than USD 2.15 per day) fell from 16.2 percent in 2011-12 to 2.3 percent in 2022-23, lifting 171 million people in Indian above this line, according to a report by World Bank.
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The Reserve Bank of India significantly increased its gold reserves by 57.5 tonnes in FY25 amidst global financial instability and rising gold prices. This acquisition, the second largest since 2017, aligns with a global trend of central banks bolstering gold…
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JP Morgan forecasts a significant rise in gold prices, predicting it could reach $3,675 per ounce by late 2025 and potentially surpass $4,000 by mid-2026. The surge is driven by macroeconomic concerns and geopolitical instability, with strong demand from central…
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Group, has reported its highest-ever annual profit after tax (PAT) of Rs 2,402 crore for the financial year 2024-25, a 3 per cent rise from the previous year.
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The households in India remain well positioned to support 6.5 per cent growth over the next 3-5 years, a Morgan Stanley report said on Friday.
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Escalating geopolitical tensions and global trade war fears have triggered a 71% rise in equity mutual fund redemptions over five years, reaching Rs 31,444 crore in March 2025. Despite this, inflows surged 114% to Rs 25,082 crore, reflecting investor resilience.…
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