Economy Financial News
12.11 / 08:45
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India is aiming to become a drone hub of the world: Defence Minister Rajnath Singh at Delhi Defence Dialogue
drone hub of the world and it would not only help the Indian economy but also significantly contribute to Make in India and the Atmanirbhar Bharat programme. He was speaking at Delhi Defence Dialogue organised on theme «Adaptive Defence: Navigating the Changing Landscape of Modern Warfare» at Manohar Parrikar Institute for Defence Studies and Analyses. He said the government has taken several initiatives to make India as drone hub of the world.
12.11 / 07:21
Extreme
security
economy
Food
wellness
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shock
RBI can expect climate risks to emerge as important policy inputs
Subscribe to enjoy similar stories. As a debate intensifies over the Reserve Bank of India’s (RBI) decision to keep its policy repo rate at 6.5% for the 10th consecutive time in its fourth bi-monthly policy meeting for 2024-25, we must shift attention to a critical yet under-studied aspect: the implications of climate change for the central bank’s conduct of monetary policy. Climate change presents two major types of risk.
12.11 / 07:21
markets
UPS
economy
President
Bitcoin
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Trump's return ignites sharp rally in bitcoin. Is $100k incoming?
Subscribe to enjoy similar stories. The week gone by was a big one for financial markets as Donald Trump returned to the White House as the new US president. With Trump back in power, it’s almost a given - his pro-business stance and commitment to boosting the American economy are the front and centre.
12.11 / 05:05
markets
UPS
Provident
Analysis
economy
pandemic
Vivek Kaul: Will monthly SIP investors in Indian stocks keep calm and carry on?
Subscribe to enjoy similar stories. Stock markets like clean and crisp stories: This happened, so that happened. Like in early November, we were told that stock prices fell in October because foreign institutional investors (FIIs) sold Indian stocks worth ₹94,017 crore during the month.
12.11 / 04:11
12.11 / 03:09
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Analysis
economy
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2020
More earnings cut could be in the offing, warns Sunil Tirumalai of UBS
With Q2 earnings season already turning out to be the worst since March 2020, Sunil Tirumalai, Chief GEM Equity Strategist at UBS, says chances of further earnings cuts are higher than earnings increases. «In the context of slowing signs in the economy (with nominal GDP growth currently in the bottom quartile of 15 year history), renewed fears of slowdown in global trade after changes in US political landscape, and a gradual slowdown in bank credit growth – it is hard to envisage a situation of sharp earnings increase for the stocks,» he says. Edited excerpts from a chat ahead of UBS India Summit:
11.11 / 21:25
11.11 / 18:13
markets
COST
UPS
economy
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President
What a Trump presidency could mean for Canadian pocketbooks
To play on a familiar saying: if America sneezes and the world catches a cold, Canada is the first to get sick. As Donald Trump prepares to take office for a second term, Canadians are bracing for a range of policy changes that will inevitably affect our economy — and, by extension, our pocketbooks. While stock and bond markets are already reacting in anticipation of the changes, just how far Trump will go on issues such as trade and immigration remains to be seen. Here’s a look at what economists are predicting could lie ahead.
11.11 / 18:13
11.11 / 18:13
11.11 / 16:49
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Landmark
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US top climate negotiator: 'We won't revert back' as Trump prepares to take over
At the U.N. climate talks, U.S. Climate Adviser John Podesta said that Trump will likely pull America out of the landmark Paris Agreement and try to roll back many of the Biden Administration’s signature climate moves, including the 2022 Inflation Redu...
11.11 / 16:49
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UPS
Action
economy
President
Experts
country
COP29: US climate envoy says work will continue despite Trump's return
global warming, saying Donald Trump can slow, not stop, the transition from fossil fuels when he returns to office in January. The annual U.N. climate summit began on Monday in Baku, Azerbaijan, with many country delegations concerned Trump's victory in U.S. presidential elections on Nov. 5 would hinder progress to limit planetary warming. Trump has promised to again remove the United States, the world's biggest historic greenhouse gas emitter, from international climate cooperation and maximise the country's already record-high fossil fuel production.
11.11 / 15:29
UPS
Aware
economy
Election
pandemic
performer
Centre to release about ₹50,000 cr- ₹70,000 cr of interest-free capex loans to states in Q3, FY25
Subscribe to enjoy similar stories. New Delhi: The Union government is likely to release ₹50,000 crore to ₹70,000 crore to states as part of its ‘special assistance for capital investment’ scheme in the three months to December (Q3, FY25), to be used for ramping up capital expenditure, two people aware of the matter said.
11.11 / 14:25
11.11 / 12:13
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International
Markets hail Trump’s economics
Subscribe to enjoy similar stories. Twenty-three Nobel laureates in economics warned two weeks ago that Donald Trump’s economic agenda would be disastrous for the U.S. Immediately after Mr.
11.11 / 11:55
markets
Digital
Citizens
economy
Experts
2020
rights
We have to become global citizens, future-oriented: Union Minister Dharmendra Pradhan
Dharmendra Pradhan on Monday said the National Education Policy 2020 has emphasised Indians becoming global citizens by adopting good values, being future-oriented, and at the same time remaining connected to their roots. Addressing the 15th convocation ceremony of Jain Vishwa Bharati, Pradhan said the life philosophy propagated by India centuries ago that non-violence, balanced life, self-contentment, and right conduct are the essence of right knowledge is what the world needs today. «It has been said in the new National Education Policy that we have to become global citizens by adopting good values. We have to remain connected to our roots and be future-oriented,» he said. Jain Vishwa Bharati (JVB) is an institute with an emphasis on Jain studies and the Prakrit language, as well as Ahimsa (non-violence), Jeevan Vigyan (science of living) and Preksha Dhyan (Preksha meditation).
11.11 / 11:15
COST
Waters
economy
Align
Sustainability
community
innovations
The Role of Decentralized Off-grid Net-Zero Infrastructure in Achieving India’s 2070 Sustainability Goals
As India marches toward its ambitious 2070 Net-Zero goals, a transformation in infrastructure is not just necessary but urgent. With a rapidly growing population and increasing urbanization, the strain on India’s centralized energy grid is apparent. Traditional infrastructure, heavily reliant on coal, oil, and gas, struggles to meet the surging demand, leading to frequent outages, high energy costs, and increased greenhouse gas emissions.
11.11 / 11:09
markets
COST
Provident
economy
pandemic
Trade
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Trump 2.0: The Indian IT sector may need to re-evaluate its US-centric model
Subscribe to enjoy similar stories. The US has been the largest market for India’s IT services industry for decades, with companies like HCL, Infosys and TCS providing outsourced services to American firms across sectors. About 55% of India’s IT sector revenues come from that region.
11.11 / 11:09
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Provident
Action
economy
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International
Trump victory leaves China calling the shots at COP29 climate negotiations
Subscribe to enjoy similar stories. With Donald Trump’s election victory, the U.S. is headed again for the exits of the Paris accord, the international climate agreement signed nearly a decade ago, and toward an energy policy inspired by Trump’s campaign mantra “drill, baby, drill." China, on the other hand, appears more committed to the agreement than ever.
11.11 / 11:09
COST
UPS
Ripple
economy
Trade
country
America’s strengthening dollar will rattle the rest of the world
Subscribe to enjoy similar stories. In 1971 John Connally, then the American treasury secretary, told his European counterparts that the dollar was “our currency, but your problem". Over the following half-century the global economy has transformed, but Connally’s adage still rings true: even though the value of the dollar remains largely set by domestic developments in America, its swings almost always send ripples across the world.
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