EXPLAINED ECONOMICS NEWS - Page 43

Indian markets, after a nearly 2 per cent decline at opening, soon recovered — and closed with a marginal 0.35 per cent decline.

Understanding the resilience of the Indian marketsSubscriber Only

September 16, 2022 14:39 IST

Earlier this week, in a rare instance, a fall of nearly 4 per cent in the benchmark index in the United States had nil or negligible impact on Indian markets and investor sentiments. What is providing resilience to Indian markets?

The financial declarations of Byju’s came after an apparent delay in signing off the results by auditor Deloitte, which had raised compliance related issues at the start-up.

How Byju’s losses rose to Rs 4,500 crore in delayed FY21 resultsSubscriber Only

September 16, 2022 12:29 IST

Byju's losses rose 17-fold to over Rs 4,500 crore in the financial year ending March 2021, which was considered as a peak time for adoption of online education owing to the shuttering down of schools and educational institutions owing to the pandemic.

Buy now, pay later loans allow users to pay for items such as new sneakers, electronics or luxury goods in installments. (AP Photo/Charles Rex Arbogast, File)

Buy now, pay later: how it works, who should use it

September 15, 2022 13:19 IST

Buy now, pay later: Companies like Afterpay, Affirm, Klarna, and Paypal all offer the service. Apple is due to enter the market later this year. So, how does it work, and who should use it?

Vedanta and Foxconn signed an MoU with the Gujarat government on Tuesday. (Twitter/@Bhupendrapbjp)

Here’s how Gujarat pipped Maharashtra to win Vedanta-Foxconn’s $22 billion projectSubscriber Only

September 15, 2022 08:16 IST

Vedanta has partnered with Foxconn through a 60:40 joint venture to set up an integrated display and semiconductor fabrication ecosystem. Maharashtra was confident on getting the project after advanced stages of discussions between the JV and state leadership.

Sensex at BSE fell by over 700 points at the market opening on Tuesday. (Express Photo/File)

Sensex opens over 700 points lower, why are markets in the red?

September 14, 2022 10:40 IST

Dow crashes 3.9% on inflation woes; Indian markets holding with a fall 1%

Job seekers at a job mela in New Delhi. (Express Photo: Tashi Tobgyal, File)

Why is India’s August unemployment rate the highest in the past 12 months?Subscriber Only

September 15, 2022 09:47 IST

There is a significant variance in the unemployment rate across states. Haryana, J&K and Rajasthan have the highest levels of unemployment rate — each with over 30% of the unemployment rate.

Air India said its new aircraft will enter service from late 2022. (Reuters Photo: Jennifer Gauthier)

The significance of Air India’s first major fleet expansion under the TatasSubscriber Only

September 13, 2022 11:22 IST

Over the next 15 months, Air India plans to induct 30 new aircraft, upgrading and modernising its fleet. Here’s a look at the new planes it will bring in and the routes they will be deployed on

Why several Asian economies brought in agri export curbs in 2022

September 13, 2022 08:18 IST

India has imposed restrictions on exports of rice, wheat and sugar.

The G7’s price cap on Russian oil begins to take shape

September 12, 2022 17:31 IST

Russian crude is priced at a discount to the international Brent benchmark and the G7 wants to keep that spread wide, to keep down Russian oil revenue.

India’s HDI score of 0.633 is not only a long way away from the top-ranking scores — Switzerland is ranked 1 with a score of 0.962 — but also below the global average. (Express/ File photo)

ExplainSpeaking: How to read the latest Human Development ReportSubscriber Only

September 12, 2022 09:14 IST

The Human Development Report for 2022 details six different human development indices. Here's how India performed on each one of them.

What government curbs on exporting rice mean for India and the worldSubscriber Only

September 15, 2022 12:15 IST

The curbs announced will affect just under half of India’s rice exports in terms of quantity and over a third by value.

India accepts three out of four pillars of US-led IPEF, so why has it stopped short of a total agreement?Subscriber Only

September 10, 2022 15:46 IST

So far, India has agreed to three pillars relating to supply chains: tax, anti-corruption and clean energy, but the fourth pillar on data and privacy is yet to be completely agreed upon.

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In sharp slide in global oil prices, hope for easing of inflation in IndiaSubscriber Only

September 9, 2022 11:51 IST

If on the one hand it is a reflection of expectations of slowdown in global growth which may have its bearing on India's growth too, on the other it comes as a big respite for India which imports almost 85% of its oil.

Currently, exports or imports by a company are always in a foreign currency, with exceptions such as Nepal and Bhutan. (File)

Govt’s push for international trade in rupee: why and howSubscriber Only

September 7, 2022 16:46 IST

While the move to allow trade settlements between India and other countries in rupees was seen to primarily benefit trading with Russia, it was also expected to help check dollar outflow and slow the depreciation of the rupee to a “very limited extent”.

Prime Minister Narendra Modi with Prime Minister of Bangladesh Sheikh Hasina, at Hyderabad House in New Delhi, September 6, 2022. (PTI)

India-Bangla trade, now set for CEPA boostSubscriber Only

September 7, 2022 16:11 IST

Prime Minister Narendra Modi has said India and Bangladesh will soon commence negotiations on a Bilateral Comprehensive Economic Partnership Agreement (CEPA). A look at the existing framework, and CEPA objectives

Last year, Reliance announced an investment of Rs 75,000 crore to be deployed towards its new energy business over the next three years. (File Photo)

What Reliance’s move to acquire a majority stake in a solar software firm meansSubscriber Only

September 7, 2022 05:48 IST

The move comes as Reliance Industries turns its focus towards the new energy sector where it plans to achieve 100 GW of solar energy by 2030.

While it is understandable to some extent that India grew at just 4% over the pre-Covid period, data shows that India’s GDP has been losing its momentum even before Covid. (Express File Photo)

ExplainSpeaking | How to read India’s GDP growth achievementsSubscriber Only

September 6, 2022 08:25 IST

Overtaking the UK in overall GDP and growing at a 14% rate in Q1 are both creditable achievements but here’s why they should not be conflated with widespread prosperity

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India overtakes the UK as world’s fifth-largest economy: 5 charts to put this in perspectiveSubscriber Only

September 4, 2022 08:47 IST

India has become the world's fifth-largest economy, after overtaking the UK. Here are five charts that place the development in perspective.

The benchmark index at BSE fell sharply by 1.3% on Thursday. (File Photo)

What investors should keep in mind in see-saw market swingsSubscriber Only

September 2, 2022 22:08 IST

A three-day see-saw in the markets reflects the prevailing anxiety in investor sentiment, despite a sharp rally of over 14% over the last couple of months. What should investors do now?

Monthly GST revenues have remained above the Rs 1.4 lakh crore mark for the last six months.

August 2022 GST collection has topped 1.43 lakh crore — how did this happen, and why is it significant?Subscriber Only

September 1, 2022 21:56 IST

Revival in consumption, high inflation rate, and partial impact of the rate hike decisions taken in the 47th GST Council meeting, along with the broader economic recovery, supported the increase in GST revenues

Gautam Adani in New Delhi in 2014. (Express Photo: Anil Sharma, File)

Ports & airports, power, media: Adani’s $137.4-billion footprint across businesses, explainedSubscriber Only

August 31, 2022 18:40 IST

Gautam Adani is now the world's third richest man. His flagship Adani Enterprises started with the commodity trading business in 1988. Here is how it turned into one of the largest conglomerates in India.

According to Maruti Suzuki, the government’s demand for additional airbags will push up prices of entry-level cars. (Express file photo by Prem nath Pandey)

ExplainSpeaking | The economics of road safety: What India can learn from the rest of the worldSubscriber Only

September 5, 2022 15:32 IST

The death of Cyrus Mistry, former Chairman of the Tata Group, in a road accident has brought the issue of road and care safety into sharp focus. Initial reports suggest that Mistry, who was seated in the back, was not wearing a seat belt.

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Explained: Can a SEBI order from 2020 stop Adani from acquiring 29% of NDTV?Subscriber Only

August 26, 2022 14:25 IST

In its disclosure to the stock exchanges, NDTV has said a SEBI order from November 27, 2020 restrained Prannoy Roy and Radhika Roy from accessing the securities market, and prohibited them from buying and selling securities, directly or indirectly for two years.

There are several pitfalls, including losing the insurance cover linked to the policy.

Surrendering a policy: When should you do it — and should you at all?Subscriber Only

August 27, 2022 12:24 IST

As the pandemic hit lives, the economy, and livelihoods, 2021-22 witnessed a sharp spike in insurance policies being surrendered ahead of their maturity. What should you look for before surrendering your policy?

Explained: Ambani, Adani, and how the Roys could lose NDTVSubscriber Only

August 26, 2022 13:01 IST

NDTV, Adani Ambani News: Adani Group has acquired 29.18% stake in NDTV, and said it will launch an open offer to buy another 26% in the company. How did the deal happen? Why does Adani want ownership of NDTV?

Gaza ceasefire has kicked into effect, says Israel’s military

World9 hr ago

Israel and Hamas have reached a ceasefire agreement in Gaza, with Israeli forces pulling back and Hamas releasing hostages within 72 hours. However, there is still fighting in some areas and uncertainty about the terms. The deal involves the release of prisoners, opening of borders, and entry of aid, while the US will send troops to monitor the ceasefire.

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