With a pick up in economic activity and the consequent rise in imports, India is expected to quickly turn from a position of current account surplus in FY21 to that of current account deficit (CAD) in FY22. As per an assessment by Kotak...

The BSE Sensex reached the 58,000 mark for the first time in its history on Friday. It has struck a record high of 58,115.69 points. Rise in the global markets lifted the Indian indices, analysts commented. Healthy purchasing was...

Anil Agarwal-led Vedanta Limited on Wednesday said that their board has approved an interim dividend of Rs 18.50 per share for FY22, amounting to Rs 6,877 crore. This is the company’s first dividend for the current fiscal with the record...

The International Monetary Fund (IMF) has made an allocation of the special drawing rights (SDR) 12.57 billion (equivalent to around $17.86 billion at the latest exchange rate) to India. The total SDR holdings of India now stand at SDR 13.66...

The key Indian equity indices traded in the green ahead of the weekly futures & options (F&O) expiry later in the day. Healthy buying was witnessed in FMCG and capital goods stocks, while IT and auto stocks were under pressure....

Most financial experts advise their clients against using their credit cards; this is not without good reasons. A lot of persons often use their credit cards carelessly and irresponsibly that they often end up neck-deep in debt. But, if you...

In what indicates that the pick-up in economic activity has been sustained after a series of localised lockdowns during the Covid-19 second wave, the gross Goods and Services Tax (GST) collections in the month of August (for sales in July) crossed...

During the pandemic, the global economy was estimated to shrink by 5.2 percent in 2020 alone. Also, during last year, many experts believed that per capita incomes are expected to drop by 3.6 percent which will result in millions of families going...

The high GDP growth despite low base of last year has given confidence that the Indian economy may well grow over 9 per cent in FY22 with tailwinds coming from rapid recovery of manufacturing and construction sectors. The data released by the...

Diversified consumer goods conglomerate ITC appears to be closing in on turning its fast-moving-consumer-goods (FMCG), agriculture and hotel segments as its main growth drivers, with chairman Sanjiv Puri shepherding the 'Next' strategy for...