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The IMF on Monday released its annual Article IV consultation with India, according to which the South Asian country, underpinned by prudent macroeconomic policies, is on track to be one of the fastest-growing major economies in the world this year.

FIIS bought shares worth Rs 11,473.54 crore and sold equities worth Rs 11,507.05 crore, leading to a net outflow of Rs 33.51 crore, according to exchange data.

Earlier in 2023, the integration process included over 70 emerging markets in July, the North America business in September, and the European business in November

In any case, since hitting a multi-decade low against the dollar near 152 in November, the yen has gained around 6% in value as traders have grown increasingly convinced the BOJ’s low-rates drag on the currency will not last much longer.

The revision is being done because Icra feels the deflation in commodity prices will be sustained and there are expectation of better growth in the October-December period

For a country that never dreamt of truly becoming a developed nation, it is understandable why some fail to grasp the scale of transformation happening in India, today. Statistics show the fortunes of Indians are changing for the better and changing fast

As part of its record capital expenditure target of Rs 10 lakh crore for 2023-24, the Centre is extending long-term, interest-free loans to the tune of Rs 1.3 lakh crore to states for their own capex needs

The US company had a turnover of $10.7 million in 2022.

Volatility increases. India VIX jumps 5.88 percent to 13.9, the highest level in the current financial year

Brent crude’s slide of more than 20 percent from its September peak suggests inflation is set to slow even further in developing nations in coming months, which will provide another reason to buy their bonds.