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SEBI strengthens MF norms; winding up of schemes only after majority unitholders' consent

Under the new norms, mutual fund trustees will be required to obtain the consent of the unitholders when the majority of the trustees decide to wind up a scheme or prematurely redeem the units of a close-ended scheme

Budget should focus on bridging widened inequality in economy, creating jobs, says former RBI Governor Subbarao

Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2022-23 in Parliament on February 1.

Slash fuel tax, raise MGNREGS outlay to spur flailing consumption, suggests Crisil

It moots income support for low-income households hit by COVID-19 shock

The illegal carry trade in China

How speculators used goods to bypass capital controls and move money across borders

Explained | Why are oil prices high, and any relief in sight?

Energy costs have been one of the main drivers of what’s become the highest inflation in a generation.

‘India can make $300-bn electronics by 2026’

Challenges must be overcome: report

Crisil calls for tariff cuts to spur exports

‘Lower duties needed on inputs, raw materials to stop importing inflation’

Government should prevent K-shaped recovery: Raghuram Rajan

Ex-RBI Governor says Indian economy has ‘some bright spots and number of very dark stains’

Government should prevent K-shaped recovery: Raghuram Rajan

Mr. Rajan said that he would love to see a five- or ten-year vision for India as well as a plan for the kinds of institutions and frameworks the government intends to set up

India’s reliance on Chinese goods surged in 2021

Shipments of finished electronics to intermediate chemicals from China rose sharply, lifting imports to a record $97.5 bn

Data | Why are petrol prices steady

The retail price is linked to the international crude oil prices and that is why it changes every day

People can soon invest in infra projects: Gadkari

Minister says SEBI nod awaited to allow investments of at least ₹1 lakh in projects

U.S., India should set bold goals to achieve $500 billion in bilateral trade, says new USIBC president

Atul Keshap, the new president of the influential U.S. India Business Council, a veteran American diplomat, has served in various capacities during his career with the U.S. State Department.

Start-ups raised a record $24.1 billion in 2021: study

Two-fold rise from pre-COVID levels, according to a new study by NASSCOM and Zinnov.

Sri Lanka settles sovereign bond payment as reserves dwindle

The island nation is in its worst crisis in decades, with people facing shortages of essentials like milk powder, cooking gas and kerosene

India set to shift diet to soft oils as Indonesia curbs palm oil

Indonesia supplies 60% of India's palm oil imports

India Ratings pegs FY23 GDP growth at 7.6%

Agency expects fiscal deficit at 5.8-6%

States to get ₹47,541 cr. via tax devolution

The Centre will on Thursday release an advance instalment of tax devolution to the States amounting to ₹47,541 crore, the Finance Ministry said.

Momentum in India's favour, need to prevail over COVID: Deloitte CEO on economic development

“India will lead others in terms of growth of large economies.”

India’s oil production continues to decline

Output dropped 2% in December

Economic recovery is yet to attain durability, says ICRA

‘Early data for Jan. is weak following reimposition of curbs to check third wave’

Cost of States’ debt funds surges to 7.24%

States are shelling out more for debt funds, with the weighted average cost for their debt auctions hardening by 9 basis points to touch 7.24%, the

Oil rises past 7-year high on supply fears

Brent jumps to highest level since October 2014; analysts see shortfalls pushing prices to $100 a barrel

India extends another $500 million LoC to Sri Lanka for emergency fuel import

India on Tuesday extended a $500 million-Line of Credit (LOC) to Sri Lanka for urgent fuel imports, days after providing $900 million relief to the

Third wave to dent Housing Finance Companies' asset growth by 200 bps

Crisil sees more organic consolidation

Exports target of $650 billion within this fiscal achievable: Goyal

Commerce and Industry Minister Piyush Goyal informed that during the current month till January 15, exports have touched $16 billion.

‘Third wave undoes last year’s resumption gains’

Nomura cites fresh curbs as index falls

China’s economy grows 8.1% to $18 tn

Fastest expansion since 2011 was driven by exports, consumption; slump in birth rate clouds outlook

Third wave of COVID-19 has airlines industry looking at ₹20,000 crore net loss

Domestic air traffic has already plummeted 25% in the first week of January

Oxfam report says over 16 crore more people forced into poverty in two years of pandemic

Study showed that the pandemic has set gender parity back from 99 years to now 135 years, with women collectively losing $800 billion in earnings

Budget | FADA seeks GST rate cut on two-wheelers

Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2022-23 in Parliament on February 1.

ATF price hiked by 4.2%

This is the second increase in rates this month.

Explained | Why is India challenging WTO verdict on sugar?

When did Australia, Brazil and Guatemala file a complaint and what are the rules?

India’s trade with China crosses $125 billion, imports near $100 billion

Data show continued demand for a range of Chinese goods, particularly machinery

WPI inflation eases to 13.56% in December; food items, veggies see price rise

WPI inflation has remained in double digits for the ninth consecutive month beginning April.

What is social constructivism

Understanding one of the key strands in IR theory

U.S. consumer inflation soared 7% in past year, most since 1982

Rising prices have wiped out the healthy pay increases, that many Americans have been receiving, making it harder for lower-income families to afford basic expenses

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