Business And Economic News: Macroeconomic trends (GDP, inflation, fiscal policy, etc.)
Global economy updates (US Fed, ECB, China’s policies, oil prices impact)
India-specific news (RBI policies, Budget, trade, and exports)
Dhanteras Shines Bright: Gold Sales Sparkle Despite High Prices! Dhanteras shopping: High price tags didn’t dim gold’s shine – Here’s what drew in consumers. High gold and had little effect on this Dhanteras, with sales matching last year’s volumes and rising by more than 25% in value. Despite record-high gold and silver prices, Dhanteras sales […]
Dhanteras Shines Bright: Gold Sales Sparkle Despite High Prices! Read More »
The Indian government is indeed taking a tough stance on tax evasion related to cryptocurrency trades. Over 400 high-net-worth individuals are being scrutinized for allegedly hiding their crypto profits on Binance, with the tax authorities seeking to recover evaded taxes, penalties, and interest. Key Points: Tax Evasion Amount: The tax evasion probe revealed nearly $97
Mega PSU Bank Merger: Smaller Banks to Merge with SBI, BoB, and PNB by FY 2027 The Indian government is planning a massive consolidation of public sector banks (PSBs). Plan is to merge smaller lenders with larger banks. According to reports, Indian Overseas Bank (IOB), Central Bank of India (CBI), Bank of India (BOI), and
Mega PSU Bank Merger: Smaller Banks to Merge with SBI, BoB, and PNB by FY 2027 Read More »
Emirates NBD’s $3 Billion Bet on Indian Bank: Acquiring a 60% Stake in RBL Bank to Redefine Cross-Border Banking In a landmark move for the Indian financial services sector, Dubai-based Emirates NBD Bank PJSC (ENBD) has entered into an agreement to acquire a 60 % controlling stake in Indian private lender RBL Bank Ltd. (formerly Ratnakar Bank) through a preferential
U.S. Dollar Dominance: A History of Strategic Devaluation and Global Financial Resets 1. The 1934 Debt Wipeout: The Gold Reserve Act The Crisis: The U.S. faced historically high debt levels (relative to the pre-war era). The Strategy: President Franklin D. Roosevelt devalued the gold price from ~ $20.67 to ~ $35 per ounce. The Impact:
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India’s Gold Reserves Cross $100 Billion for the First Time! The Reserve Bank of India’s gold reserves have surpassed the $100 billion mark for the first time. It has reached a staggering $102.365 billion as of October 10, 2025. This milestone was achieved largely due to surging global bullion prices, even though the central bank’s
India’s Gold Reserves Cross $100 Billion for the First Time! Read More »
Reliance Industries Q2 FY26: A Mixed Bag of Strength and Challenges Reliance Industries reported a consolidated net profit of ₹18,165 crore in Q2 FY26, marking a 10% year-on-year growth on a revenue of ₹2.59 lakh crore. Here’s a breakdown of the key highlights: Oil-to-Chemicals (O2C) Business: Revenue grew 3.2% YoY to ₹160,558 crore, with EBITDA
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India’s Apparel Exports Take a Hit: 15% Drop in Q2 FY26 Based on reports from the Confederation of Indian Textile Industry (CITI), India’s apparel exports declined by 14.8% during the second quarter (July–September) of the financial year 2025–26, falling to $3.09 billion. The main drivers of this drop were weakening global demand and new U.S.
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Record-Breaking Registrations of Companies: India’s Booming Business Landscape India has witnessed a remarkable surge in company and Limited Liability Partnership (LLP) registrations in the first half of the financial year 2025. Here are the key highlights : Record Registrations: Over 1.22 lakh companies and 45,285 LLPs were incorporated between April and September, reflecting investor optimism
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Big compliance update for businesses operating in Haryana Haryana allows Night Shifts for Women Employees in Commercial Establishments: Haryana allows women to work night shifts in commercial establishments (between 8 PM and 6 AM) with certain conditions, including written consent from the employee and the implementation of safety measures like security guards, GPS-enabled transportation, and
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