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India's widening bank liquidity deficit warrants more measures, traders say

India's widening bank liquidity deficit warrants more measures, traders say

The banking system’s liquidity shortfall has jumped to its highest level in nearly seven months due to tax outflows and central bank’s regular fo…

Rupee recovers after testing new low of 85.81, set to end 2024 with 3% weakness

Rupee recovers after testing new low of 85.81, set to end 2024 with 3% weakness

For the year so far, the Rupee has weakened by 3% against the US dollar, and is set to post annual losses for seventh year in a row. Rupee has e…

India’s economy poised for 6.5% growth in FY25: Finmin

India’s economy poised for 6.5% growth in FY25: Finmin

October-March growth is likely to be better than in H1, the Finance Ministry said in its Monthly Economic Review for November 2024, while adding …

No GST hike on popcorn, will still attract 5% tax in theatres when served in loose form

No GST hike on popcorn, will still attract 5% tax in theatres when served in loose form

The statement on popcorn was issued after request from Uttar Pradesh to clarify the classification and GST rate applicable on popcorn mixed with …

Gold gains 27% in 2024 to beat S&P 500 and Nifty 50 returns, forecasts see fresh highs ahead

Gold gains 27% in 2024 to beat S&P 500 and Nifty 50 returns, forecasts see fresh highs ahead

The US Dollar, near two-year highs, will be a key factor for precious metals. Going forward, forecasts on the precious metals are extremely bulli…

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