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  • Small savings interest rates for Jan-Mar 2024 may see slight increase December 28, 2023 10:57 AM IST

    Small savings interest rates for Jan-Mar 2024 may see slight increase

    Interest rates on small savings schemes, while set by the government, are linked to market yields on government securities at a spread of 0-100 basis points over the yield of these securities of similar maturity.

  • Commerce ministry proposes new bye-laws for election of office-bearers of EPCs, FIEO December 28, 2023 10:38 AM IST

    Commerce ministry proposes new bye-laws for election of office-bearers of EPCs, FIEO

    The revised model articles of associations/bye-laws for EPCs and Federation of Indian Export Organisations (FIEO) are required to be adopted by these bodies and conduct elections of their office-bearers.

  • Start-up Street: Will 2024 see more Dragons take wing? December 28, 2023 10:17 AM IST

    Start-up Street: Will 2024 see more Dragons take wing?

    Blume Ventures’ Fund I data highlights how the Power Law of VC Returns applies to India as well

  • Beating the market rollercoaster with longer term investments December 28, 2023 08:46 AM IST

    Beating the market rollercoaster with longer term investments

    Given the questions raised over market valuations and their sustainability, the longer one rides the ups and downs of the market, the better the returns over the long term.

  • Govt plans to sell FCI rice under Bharat brand; discounted rate not decided December 28, 2023 08:13 AM IST

    Govt plans to sell FCI rice under Bharat brand; discounted rate not decided

    The Food Corporation of India (FCI) offers quality rice at a reserve price of Rs 29 per kg under the OMSS.

  • India to be world's third-largest economy by 2032, largest by end of the century: CEBR December 27, 2023 09:43 PM IST

    India to be world's third-largest economy by 2032, largest by end of the century: CEBR

    India, emerging as the third and "eventually the largest economic superpower", is anticipated to have a GDP "90 percent larger than China’s and 30 percent larger than that of the US" by 2100, CEBR stated in its report.

  • Moneycontrol Pro Panorama | Rising passive investment December 27, 2023 05:57 PM IST

    Moneycontrol Pro Panorama | Rising passive investment

    In this edition of Moneycontrol Pro Panorama: High food inflation can play spoilsport, services pull up current account in latest quarter, decline in bond yields an opportunity for investors, 2023 a mega year for SME IPOs, and more

  • Inflows from private equity, venture c to domestic companies plunge to $27.9 billion in 2023 December 27, 2023 02:26 PM IST

    Inflows from private equity, venture c to domestic companies plunge to $27.9 billion in 2023

    According to the numbers collated by Venture Intelligence that tracks private capital and debt flows, and industry body IVCA, investments by private equity and venture capital funds as of December 20, 2023, fell to a low of USD 27.9 billion across 697 transactions, as against USD 47.62 billion inflows in 2022 across 1,364 deals.

  • India aims at $1 billion fresh banana exports in next 5 years December 27, 2023 12:59 PM IST

    India aims at $1 billion fresh banana exports in next 5 years

    At present, exports of most of the fruits from India are happening by air route because of lower volumes and different ripening periods.

  • Coal sector: Govt plans financial support for coal gasification projects, higher production in 2024 December 27, 2023 11:20 AM IST

    Coal sector: Govt plans financial support for coal gasification projects, higher production in 2024

    Besides, efforts will be made to bring more captive and commercial coal mines into operation, improve the quality of the dry fuel and transportation infrastructure for environmental sustainability. Digitisation of mine records is also on the cards.

  • Higher credit demand, lower NPAs to boost banking sector; public sector banks' total profit likely to touch Rs 1.50 lakh crore December 27, 2023 11:20 AM IST

    Higher credit demand, lower NPAs to boost banking sector; public sector banks' total profit likely to touch Rs 1.50 lakh crore

    During the first six months of the current financial year, public sector banks earned about Rs 68,500 crore and the trajectory is likely to continue unchanged in the second half as well.

  • High food inflation can upset the applecart December 27, 2023 10:24 AM IST

    High food inflation can upset the applecart

    The RBI MPC admitted that inflation remains highly vulnerable to food price hikes. Food inflation in November was as high as 8.7 percent which is close to the higher end of the tolerance range of 6 percent

  • Expected decline in bond yields creates an opportunity for investors December 27, 2023 09:17 AM IST

    Expected decline in bond yields creates an opportunity for investors

    A shift in the monetary policy focus from inflation to financial stability can be favourable for bonds, making long term bonds attractive for investors

  • Payment woes delay supply of Russian Sokol oil to India: Report December 27, 2023 07:17 AM IST

    Payment woes delay supply of Russian Sokol oil to India: Report

    IOC is the only state refiner that has an annual deal to buy a variety of Russian grades, including Sokol, from Russian oil major Rosneft. Sokol oil is supplied to IOC by Sakhalin-1 LLC, a unit of Rosneft, sources said.

  • Gold prices firm for third session on Fed rate-cut prospects December 26, 2023 07:18 PM IST

    Gold prices firm for third session on Fed rate-cut prospects

    The dollar index hovered near a five-month low while the benchmark U.S. 10-year bond yield edged lower.

  • India's current account deficit narrows to $8.3 billion in July-September December 27, 2023 07:57 AM IST

    India's current account deficit narrows to $8.3 billion in July-September

    For the first half of 2023-24, India's current account deficit more than halved to $17.5 bn from $48.8 bn in April-September 2022, Reserve Bank of India data showed.

  • DPIIT working closely with 24 sub-sectors to promote manufacturing, exports, cut imports December 26, 2023 01:41 PM IST

    DPIIT working closely with 24 sub-sectors to promote manufacturing, exports, cut imports

    The commerce and industry ministry on Tuesday said that since its launch, 'Make in India' has made "significant" achievements and is now focusing on 27 sectors under 'Make in India 2.0'.

  • Moneycontrol Pro Panorama | Will markets shine in an election year? December 26, 2023 01:31 PM IST

    Moneycontrol Pro Panorama | Will markets shine in an election year?

    In this edition of Moneycontrol Pro Panorama: Elections in Taiwan and the US crucial to China, limited monetary easing to open up in 2024, equity ownership up to record levels, and more

  • Renewable energy investments to surge 83% to $16.5 billion in 2024 December 26, 2023 12:35 PM IST

    Renewable energy investments to surge 83% to $16.5 billion in 2024

    This is in line with India's ambitious target of having 500 GW of renewable energy by 2030 and its resolve to reduce overall power generation capacity from fossil fuels to less than 50 per cent. India has committed a net zero emission target by 2070.

  • Govt working on PLI 2.0 for steel sector in 2024; industry players await steps to curb steel imports December 26, 2023 05:06 PM IST

    Govt working on PLI 2.0 for steel sector in 2024; industry players await steps to curb steel imports

    While a robust economic growth will increase the demand for steel, industry players remain concerned about rising imports and high raw material prices amid geopolitical uncertainties.

  • Agri exports relying on 5 items makes sector vulnerable to fluctuations in global prices, demand: GTRI December 26, 2023 11:18 AM IST

    Agri exports relying on 5 items makes sector vulnerable to fluctuations in global prices, demand: GTRI

    The Global Trade Research Initiative (GTRI) said that these five products -- basmati rice, non-basmati rice, sugar, spices, and oil meals -- account for 51.5 per cent of India's total agriculture exports.

  • Indian equities touched all-time highs in 2023 – What’s in store for 2024? December 26, 2023 12:35 PM IST

    Indian equities touched all-time highs in 2023 – What’s in store for 2024?

    Favourable factors like BJP’s strong standing going into Lok Sabha polls, the US Fed’s anticipated rate cuts, and strong buying by FIIs and domestic mutual funds suggest the party will continue into the first half of 2024. But as usual there are risk factors too

  • Tech, infra key to easing food supply issues in the long run: MPC's Shashanka Bhide December 26, 2023 09:22 AM IST

    Tech, infra key to easing food supply issues in the long run: MPC's Shashanka Bhide

    A slowdown in global growth is still a concern for the Indian economy, Bhide said. And while India's GDP growth in July-September had been "surprisingly strong", its uneven nature is a cause for worry.

  • Moneycontrol Pro Market Outlook | A volatile week ends on flat note, signalling further consolidation December 26, 2023 09:22 AM IST

    Moneycontrol Pro Market Outlook | A volatile week ends on flat note, signalling further consolidation

    With the last settlement of the month and the year and foreign traders enjoying the year-end holidays, we can expect a flattish market on low volume

  • Room for limited monetary easing will open up in 2024 December 26, 2023 10:29 AM IST

    Room for limited monetary easing will open up in 2024

    The recent IMF India country report on India notes that the current broadly neutral monetary policy is appropriate, based on the estimates of natural real interest rate of 1%. Based on that estimate and average inflation estimate of 5% in the next fiscal, Repo rate can be at 6% under a neutral stance – implying a 50 bps easing from the current level of 6.50%