rupee

PSUs to pay Rs 63,056 crore election year dividend windfall to govt

PSUs will deliver record-breaking #dividend payout of Rs 63,056 crore to the government this year, raising hopes of high public spending in the election year. #PSU #govtrevenue #economy #GAIL #COAL Read more »
India's external debt

India’s remittance inflows face dramatic decline in 2023

India's remittance inflows face headwinds amid global economic uncertainties, reflecting the shifting dynamics and impact on high-skilled migrants and manufacturing sectors. #economy #indianews #remittances Read more »
monsoon

Patchy monsoon rains spell trouble for Indian economy

Monsoon rainfall deficiency grips India's agricultural heartland, raising concerns about rural demand and economic growth prospects. #monsoon #agriculture #Indianews #Biparjoy Read more »
Putin at BRICS summit

India’s strategic role in BRICS — bridging East and West

#BRICS can emerge as an alternative power center, challenging the existing world order and offering a platform for collaboration and rebalancing, write @Psm_cuts and Ambassador Amit Dasgupta. Read more »
EVs, electric vehicles

EVs in India: Electric two-wheelers adoption skyrockets

EVs in India: Electric two-wheelers adoption is on the rise despite challenges such as dependence on component imports, subsidy cuts, and absence of vehicle recycling and scrappage policies. #EVs #electricvehicles #indianews Read more »
telecom, BSNL

Government bets big on BSNL with $10.79 bn revival package

The BSNL revival package seeks to revive the struggling telecom operator by the bridging technological gap and enhancing security. #BSNL #Telecom #news Read more »
OPEC+, crude oil

Output cut by OPEC+ and its global ramifications

OPEC+ extends production cuts to 2024 as it looks to defend prices amid economic concerns, but geopolitical factors add complexity to the global crude oil market dynamics. #oilprices #OPEC+ #crude Read more »
US economy faces inflation threat

Foreign exchange reserves: Impact on global trade, financial stability

Foreign exchange reserves experienced rapid growth in relation to global liquidity and trade since the early 2000s, but have stabilised recently. Read more »
The rupee free fall

Glad tidings: RBI may keep repo rate unchanged at 6.5%

Stellar GDP growth and other favourable factors may prompt RBI to keep the policy repo rate unchanged in the next meeting. Read more »
India's Q4 GDP growth rate

India’s stellar Q4 GDP growth rate unveils hidden narratives

India's GDP growth rate of 6.1% in January-March 2023 stands out amid a global downturn, raising hopes of 7.2% growth for the financial year 2022-23. Read more »