US may slip into recession on rising debt, says smallcase study
smallcase, a leading platform for curated investment strategies, expects the US economy may slip into a recession due to the rising debt and market imbalances. Stocks, Bitcoin, leveraged investments and meme stocks (largely driven by activity on social media) are all surging higher, which is certainly reminiscent of the “madness”
Indian coffee gains from surging trend in global prices, outlook seen bright
The Indian coffee sector benefitted to a great extent from the surging trend in global prices during 2024, which was largely driven by the tight supplies from large producers such as Brazil and Vietnam among others, where erratic climate impacted the output. The buoyancy trend is seen continuing into the
Jaishankar’s 3-Day Qatar Visit: To discuss bilateral political, trade, energy ties
External Affairs Minister S Jaishankar will be in Qatar this week on a three-day official tour and will review bilateral trade, investment, energy, security, cultural and political relations in his meetings with Prime Minister and Foreign Minister of Qatar Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani. “EAM’s visit will
Ministry issues draft guidelines on establishing EV charging infrastructure under PM E-DRIVE
The Ministry of Heavy Industries (MHI) has issued draft guidelines for setting up electric vehicle (EV) charging infrastructure under the Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme. Sources in the Ministry told businessline that the draft guidelines have been shared with the stakeholders for their
Boosted by domestic consumption, India’s economy to achieve up to 7.3% growth in FY2026: Deloitte, ETCFO
Earlier this month, the Reserve Bank of India cut its growth forecast for the current fiscal to 6.6% from 7.2% projected in June. NEW DELHI: The Indian economy is likely to grow at 6.5-6.8% this fiscal and slightly higher between 6.7-7.3% in FY2026, boosted by domestic consumption, Deloitte said on
DFS, GIC and LIC pitches for GST rate rejig on insurance premia but with ITC
As the Group of Ministers (GoM) get ready for another round of discussions, three key stakeholders, Financial Services Department, GIC and LIC support lowering GST on insurance premia but with input tax credit (ITC). The GST Council, in its meeting on December 21 deliberated on the GoM report, but suggested
For 2025, government presses enter for laptop imports, CFO News, ETCFO
Kolkata|New Delhi: The government has adopted a liberal stance on laptop and tablet imports for 2025, granting approvals for the entire year, with an option for mid-year review to prevent market shortages, multiple industry executives said. A proposed 5% annual reduction in imports, to be substituted by local manufacturing, is
India’s BoP strengthened by robust inflows from NRI deposits, external commercial borrowing in last quarter: Report
India’s Balance of Payments (BoP) saw a significant improvement in the second quarter driven by strong inflows from Foreign Portfolio Investments (FPIs), External Commercial Borrowings (ECBs), and Non-Resident Indian (NRI) deposits, according to a report by Bank of Baroda. The report highlighted a notable increase in the capital account surplus,
India poised to benefit as Russia slashes export duty on peas, chickpeas, and lentils, ETCFO
MOSCOW- Russia, the world’s top exporter of peas, announced on Saturday a fixed 5% export duty on peas, chickpeas and lentils from Jan. 1, effectively lowering the duty by 30% after exports of pulses slowed and left large volumes unsold. The flexible duty, applied previously, could go up to 7%
A good year for renewable energy, better one to follow
Even though the hullabaloo around transitioning to renewable energy has been very much alive in the industrial space, its usage in the domestic space got a fillip with the launch of the PM Suryagarh Muft Bijli Yojana in 2024. The programme has taken off well, with 6.38 lakh installations and