Month: August 2023

Chinese President Xi Jinping took aim at officials for relying on borrowing for construction to expand economic activities | The Hindu

Equity benchmark indices rebounded in early trade on Monday after two days of decline amid mixed global market trends. The 30-share BSE Sensex climbed 145.44 points to 65,094.10 in early … Read More

Finance Commission is a constitutional body that gives suggestions on Centre-State financial relations | The Hindu

Crude oil prices currently are hovering around $85 per barrel as against $70-73 a barrel at the time of budget | The Hindu

Indian energy company ONGC Videsh has secured a three-year extension from Vietnam to explore ‘Block 128’ in the South China Sea, it said in a post on social messaging platform … Read More

“With robust growth and resilient spirit, the future looks promising. Let us keep this momentum and ensure prosperity for 140 crore Indians,” he said | The Hindu

Billionaire Gautam Adani’s ports to power conglomerate added over Rs 45,200 crore in market capitalisation in a single day on Friday as shares of all 10 listed group firms surged … Read More

Moody’s Investors Service on Friday affirmed India’s rating at the lowest investment grade of ‘Baa3’, with a stable outlook, saying high growth will support a gradual increase in income levels, … Read More

The Reserve Bank on Friday asked banks to provide fixed interest rate option to individual borrowers and directed the lenders to levy only reasonable penalty charges in case of default … Read More

Moody’s said it expects India’s economic growth to outpace all other G20 economies through at least the next two years, driven by domestic demand. | The Hindu