Unemployment rate in urban areas during the third quarter (October-December) of FY25 remained unchanged at 6.4 per cent compared to the preceding quarter, according to the latest quarterly Periodic Labour Force Survey (PLFS) data released by the Ministry of Statistics
The Reserve Bank should focus on making liquidity easier rather than cutting rates if the intent is to drive growth, Axis Bank’s chief economist Neelkanth Mishra said on Tuesday. Photograph: Anushree Fadnavis/Reuters Mishra, who is also a part-time member of
Reserve Bank on Tuesday launched mobile application ‘RBIDATA’ which will provide access to more than 11,000 different series of economic data related to the Indian economy. Photograph: Francis Mascarenhas/Reuters The mobile app offers macroeconomic and financial statistics relating to the
Benchmark indices Sensex and Nifty ended marginally lower on Tuesday as uninterrupted foreign fund outflows and slowdown in corporate earnings continued to hit investors’ sentiment. Photograph: Francis Mascarenhas/Reuters After a day’s breather, the 30-share BSE benchmark Sensex ended 29.47 points
New Delhi: Capital markets regulator SEBI on Tuesday cancelled the registration of 19 defunct FVCI (Foreign Venture Capital Investors) after they failed to meet the eligibility criteria. Company Value Change %Change The 19 entities include Axis Capital Mauritius, Axis India
Small-cap stock Nisus Finance Services share price hit 5 per cent upper circuit on Tuesday after the company announced that its Dubai-based fund advisor Nisus Finance Investment Consultancy FZCO has retained Houlihan Lokey, a leading global investment bank to assist
The co-operative banking sector is well regulated, and a few cases of restrictions being imposed by the Reserve Bank of India (RBI) should not paint a negative picture of the entire sector, said Department of Economic Affairs (DEA) secretary Ajay
India’s exports declined for the third month in a row in January, falling by 2.38 per cent year-on-year to $36.43 billion, while the trade deficit widened to $22.99 billion in the month. Photograph: Tatiana Meel/Reuters Imports rose by 10.28 per
India and the US will sit together in the next couple of weeks to decide on the nature of the proposed trade agreement and finalise its broad contours, a senior official said on Monday. Photograph: Dado Ruvic/Reuters During the recent
Stock markets snapped the eight-day losing run on Monday with benchmark Sensex closing higher by 57 points on the back of value buying in blue-chip stocks HDFC Bank and Reliance Industries. Helped by fag-end buying, the 30-share BSE Sensex climbed
