Economy

Mumbai: JPMorgan on Monday downgraded HDFC Asset Management Company (HDFC AMC) to ‘neutral’ from ‘overweight’, citing slowing equity inflows and a stabilising asset allocation trend among households. The global brokerage firm has kept…
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New Delhi: The continued softening of wholesale price index (WPI) inflation since December 2024 is a positive signal for higher economic growth in India, economists said on Monday, adding that they expect WPI inflation to remain benign in…
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New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) kicked off a nationwide ‘GST Pakhwada’ on Monday which will continue till June 30, as part of the upcoming GST Day celebrations on July 1. The two-week campaign aims to…
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New Delhi:  India’s annual rate of inflation based on the Wholesale Price Index (WPI) eased further to a 14-month low of 0.39 per cent in May from 0.85 per cent in April and 2.05 per cent in March, according to data released by the Ministry…
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New Delhi:  Amitabh Kant on Monday announced his decision to step down as the G20 Sherpa. His resignation comes after 45 years of "dedicated government service" in various roles as G20 Sherpa, CEO of NITI Aayog, Secretary of the Department…
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New Delhi: Meta has appointed Arun Srinivas as the Managing Director and Head for its India operations. This comes after Sandhya Devanathan taking on an expanded role of leading both India and Southeast Asia. “We are appointing Arun…
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New Delhi: Oil prices in the international market jumped further on Monday after the Mideast tensions escalated between Israel and Iran. Brent climbed as much as 5.5 per cent before paring most gains to trade around $75 a barrel.…
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Calgary:  The Group of Seven (G7) summit unveiled its slimmed-down agenda, prioritising discussions on the global economy and energy security. Originally scheduled to begin on Sunday, the summit has been shortened to two days and will…
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New Delhi:  The National Payments Corporation of India (NPCI) and the Institute for Development and Research in Banking Technology (IDRBT) on Thursday signed a memorandum of understanding (MoU) to work together on strengthening cyber…
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New Delhi: Systematic Investment Plan (SIP) inflows reached an all-time high of Rs 26,688 crore in May, from Rs 26,632 crore in April, according to data released by the Association of Mutual Funds in India (AMFI) on Tuesday. The…
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