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01.08 / 16:47

economy country Interviews peace International Bangladesh’s shaky political future

When Bangladesh makes international news, it’s usually for tragedies: devastating cyclones, massive industrial accidents, grisly terrorist attacks. Even by those dismal benchmarks, the latest story from Bangladesh stands out—the deaths this month of more than 200 people during a government crackdown on student protests. The violence may signal the beginning of the end for 76-year-old Prime Minister Sheikh Hasina, under whose increasingly autocratic rule the country has turned into a de facto one-party state.

01.08 / 15:33

markets UPS Progressive Extreme economy show Geopolitical tensions Dollar gains on geopolitical tensions, pound slips after rate cut

Bank of England cut interest rates from a 16-year high. Concerns about a widening conflict in the Middle East intensified this week after Hamas leader Ismail Haniyeh was assassinated in the Iranian capital Tehran on Wednesday morning, an attack that drew threats of revenge on Israel.

01.08 / 14:47

markets UPS CEO economy Election performer Nifty shines at 25,000: Your big questions, answered

Mint spoke with experts to address some key questions. The Nifty 50's journey from birth to a behemoth that represents the Indian economy is a story of acceleration. While it took 17 years to gain the first 5,000 points, the index has since transformed from a marathon runner into a sprinter.

01.08 / 07:49

Waves Manufacturing security Strategy economy Research reports Riding the wave: Why sectoral and thematic funds are thriving this year

active mutual fund flows so far this year. In June alone, inflows into these funds reached ₹22,350 crore, accounting for 55% of total active flows, an 18 July research report by Elara Securities said. Since the beginning of this year, thematic and sectoral funds have attracted ₹70,000 crore in inflows.

01.08 / 07:31

COST UPS Manufacturing Gap economy show reports Is Uttar Pradesh stuck with low women's participation in its labour force?

The state of Uttar Pradesh is deceptively large. Working-age women (20-59 years) in the state—about 57 million in 2021—outnumber the entire population of countries like Canada, Australia, Malaysia, and South Korea. The state has more women aged 20-29 than the combined population of Norway, Finland and Denmark.

31.07 / 19:07

markets Target Progressive economy wellness show reports Fed holds rates steady and notes progress on inflation

WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to target, which could open the door for future interest rate cuts.

31.07 / 18:54

markets COST Target Progressive economy Election exclusive The Federal Reserve sees cooler inflation and slower job market, suggesting a rate cut is nearing

The Federal Reserve says that greater progress has been made in reducing inflation to its 2% target

31.07 / 18:47

markets COST Progressive Fox economy Updates Fed holds interest rates steady at 23-year high, but opens the door to reducing rates

Jerome Powell speaks after Fed announces interest rate decision.

31.07 / 18:27

Manufacturing security Strategy economy electronic 2020 International Chinese FDI Pe Charcha: The debate on Chinese investments in India

Economic Survey dropped a political clanger by arguing that getting FDI from China could help India improve its participation in global supply chains through exports. The strategy document notes that many companies have adopted a 'China+1' strategy to reduce reliance on Beijing for advanced electronic items and components. While India may not be an immediate 'beneficiary' of this approach to diversify manufacturing away from China, GoI's PLI scheme, taxation holidays and subsidies have significantly attracted companies to invest in India.

31.07 / 18:00

markets UPS economy wellness country prevention politician Arrey brother, why bother? The economy’s doing too well to make attempting radical change worthwhile

Indian economy looked so good to global analysts. Yet, complaints galore have followed the budget presentation. Why has it not combated weak consumption? Or weak private sector investment? Or weak employment?

31.07 / 16:30

COST UPS Provident security Mobile economy community Manipur: Govt allocates Rs 2900 crores for strengthening and supporting state police in state budget 2024-25

law and order crisis, Manipur chief minister N Biren Singh stated that in state budget 2024-25 for strengthening and supporting State Police Rs 2900 crores are allocated adding that Centre had also approved to provide IT services in violence affected districts.

31.07 / 15:42

markets Blockchain Digital economy Experts country innovations Fintech solutions can help attain USD 7 trillion economic vision

Fintech sector can play a prominent role in the rapid advancement of MSMEs and the digital global economy as a whole. The 9th edition of the Global Economic Summit organised by WTC Mumbai and All India Association of Industries (AIAI) from August 8-10, 2024 will highlight this critical role of fintech.

31.07 / 14:56

economy Enterprise WhatsApp innovations reports Karnataka's bio-economy reaches USD 31 billion, to triple its bio-economy by 2030: Report

bio-economy reached USD 31 billion in 2023 and is growing at 10.7 per cent from USD 28 billion in 2022, said the Karnataka Bio-economy Report-2024, which was unveiled on Wednesday. The state attracted over 30 per cent of national biotech investments in 2023, contributing 21 per cent to India's bio-economy. Also, it contributes nearly 10 to 12 per cent of Karnataka's economy of USD 310 billion, the report said.

31.07 / 12:43

markets ETF security economy Research Trade Universities Wall Street veteran ‘Dr Doom’ to enter $9.4T ETF space

Economist Nouriel Roubini, who earned the “Dr. Doom” moniker for his warnings of disaster ahead of the 2008 financial crisis, is looking to become the latest high-profile Wall Street veteran to make their mark in the $9.4 trillion ETF universe.

31.07 / 12:27

FIVE Reuters economy Election pandemic country reports India's top private lenders see farm loan defaults rising amid weak rural economy

31.07 / 11:36

UPS Target economy stage country Inflation ticks up in Europe, complicating the European Central Bank's next move

Inflation in the 20 countries that use the euro ticked up to 2.6% in July, stubbornly above the European Central Bank’s target and complicating the ECB’s next decision on whether to cut interest rates and boost growth as the economy struggles to stage ...

31.07 / 09:38

markets UPS economy Trade show recommendations India steps up push to make rupee a power player, but the road is long

mechanism to allow trade settlement in rupees. An important headway came in December 2023 with India’s first-ever rupee payment for oil from the United Arab Emirates, a major trading partner. Earlier, an RBI panel also gave recommendations, some of which led to the central bank announcing in May a plan to allow non-residents to open rupee accounts.

31.07 / 09:14

markets COST FIVE economy wellness innovations Features Wealth and whim: Should the wealthy spend their money as they wish?

Of late, there have been many discussions on how much spending or ostentation is “too much" for a rich person. And the views are polarized along, “It is bad/ immoral/ unforgivable to spend so much when most of your fellow citizens need free food" to “It is their money and how they spend it is no one else’s business." Without getting moralistic, the question is whether there a way or framework to think about this in pure economic terms? That is what I attempt to do in this piece.

31.07 / 07:20

COST Target Strategy economy Sustainability Trade Bank of Japan raises its key interest rate, aiming to curb yen's slide against the dollar

The Bank of Japan has raised its key interest rate to 0.25% from 0.1%, acting to curb the yen's slide against the U.S. dollar

31.07 / 05:00

markets Manufacturing economy China's manufacturing activity contracted in July, the monthly Purchasing Managers' Index says

A closely watched measure of Chinese manufacturing activity remained negative in July as concern persists about the state of the world’s second largest economy

31.07 / 03:53

Target FIVE Reuters economy Food wellness show Reserve Bank of India to hold rates in August, first cut in Q4: Reuters poll

Reserve Bank of India (RBI) will keep interest rates steady for a ninth straight meeting in August due to persistently high inflation, with a slim majority of economists in a Reuters poll expecting the first rate cut next quarter.

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