Americans May Be Taking on Too Much Pay Later ‘Phantom Debt’ on December 20, 2023 at 5:00 pm

Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.

World shares hit near two-year high, focus on UK inflation, Red Sea on December 20, 2023 at 1:30 pm

Markets maintained those bets even after Richmond Fed President Thomas Barkin on Tuesday refrained from saying how the fall in inflation affected the policy outlook for next year, while Atlanta’s Raphael Bostic said there was no urgency to cut rates.

Oil perks up as Red Sea tensions spark investor jitters on December 20, 2023 at 1:42 pm

In a separate boost to prices, the U.S. bought 2.1 million barrels of crude for delivery in February, its Energy Department said on Tuesday, as the country continues to replenish its reserves.

RBI Bulletin: More warnings on inflation as lowering it to 4% target #39;far from assured#39; on December 20, 2023 at 11:29 am

In its monthly State of the Economy article, the Indian central bank#39;s economists also warned that if headline retail inflation is not brought down to the medium-term target of 4 percent and “tethered” there, it is highly likely that growth may be hit.

Technical View | Nifty forms large bearish candle, break of 21,000 to deepen correction on December 20, 2023 at 11:38 am

The options data indicates that 21,000 may act as the near-term support for the Nifty 50, with resistance at 21,200-21,300, say experts

RBI Bulletin: Model pegs India#39;s FY25 GDP growth at 6.0% vs official view of 6.5% on December 20, 2023 at 12:28 pm

As per the forecasts made by the Reserve Bank of India#39;s #39;dynamic stochastic general equilibrium#39; (DSGE) model, India#39;s GDP growth this year may be 7.1 percent – 10 basis points higher than the central bank#39;s official view of 7.0 percent.

Rupee settles flat at 83.18 against US dollar on December 20, 2023 at 10:59 am

At the interbank foreign exchange market, the local unit opened at 83.17 and traded between the peak of 83.13 and the lowest level of 83.18 against the dollar.

Moneycontrol Pro Panorama | Telecom Bill 2023: Striking the right chord on December 20, 2023 at 9:40 am

In this edition of Moneycontrol Pro Panorama: IMF points to low productivity for India, unlisted companies sluggish performance dargs capex, credit and deposit growth gap set to narrow, road sector hits a speed bump, and more

Drug regulator issues warning against cold medication for children under 4 yrs on December 20, 2023 at 11:58 am

The the Subject Expert Committee of the Central Drugs Standard Control Organisation recommended a precautionary measure, suggesting that the FDC should not be administered to children below 4 years

Astral’s Rs 885 cr block-deal could spark short-term volatility; long-term outlook stable on December 20, 2023 at 9:57 am

Around 1.76 percent Astral shares changed hands in a block deal for a total consideration of Rs 884.6 crore.