Economy

Forex reserves drop by $3 billion to $603.87 billion in 2nd consecutive weekly decline

Forex reserves drop by $3 billion to $603.87 billion in...

Foreign currency assets, a major component of reserves, fell $2.416 billion to $535.337...

GST Council sticks to 28% levy on online games despite pushback from some states

GST Council sticks to 28% levy on online games despite...

The government has proposed lowering the threshold at which winnings and deposits...

Gold, silver prices hold steady as investors await US Fed move on rates

Gold, silver prices hold steady as investors await US Fed...

Imports of gold have increased by 17.5% year-over-year, to 65 tonne, while consumption...

MC Explains: How India's crypto fight could bear fruit at G20 Leaders' Summit

MC Explains: How India's crypto fight could bear fruit...

India wants worldwide crypto regulation. While crypto hazards are becoming more...

IMF raises India's FY24 GDP growth forecast by 20 bps to 6.1%

IMF raises India's FY24 GDP growth forecast by 20 bps to...

The IMF has revised its outlook for global economic growth in 2023 upward by 20...

Will AI model sizes increase or decrease over time?

Will AI model sizes increase or decrease over time?

Despite ChatGPT, a limited AI ecosystem exists. Stanford's $600 Alpaca model can...

G20: Ajay Banga, World Bank president, has the most positive outlook on India in a long time.

G20: Ajay Banga, World Bank president, has the most positive...

While the global economy has done better than projected, Banga believes it will...

GST@28%: Higher tax burden and decreased winnings could drive gamblers to the grey market.

GST@28%: Higher tax burden and decreased winnings could...

Deducting tax at source on the winning amount and taxing the full value of the money...

India and the UAE will make a plan to settle deals in their own currencies.

India and the UAE will make a plan to settle deals in their...

India's UPI and the UAE's Instant Payment Platform are also linked by an MoU between...

Govt considering Rs 6000-cr coal gasification scheme

Govt considering Rs 6000-cr coal gasification scheme

The Ministry of Coal stated gasification technology in India will revolutionise...

Modi’s France visit to deepen India’s ties with Europe

Modi’s France visit to deepen India’s ties with Europe

India's Prime Minister Narendra Modi is currently in France as part of a bigger...

G20 | Larry Summers and NK Singh will release a report on World Bank and IMF reform on July 18: Asahel Seth

G20 | Larry Summers and NK Singh will release a report...

Nirmala Sitharaman and RBI Governor Shaktikanta Das will co-chair the third G20...

Bangladesh, India launch trade transactions in Rupees

Bangladesh, India launch trade transactions in Rupees

Bangladesh's first bilateral trade with a non-US dollar country. Bangladesh Bank...

GST Council Gathering 2023: GoM determines to impose a 28% GST on online gambling, horse racing, and casinos.

GST Council Gathering 2023: GoM determines to impose a...

GST Council Meet 2023: FM Sitharaman said the GST rules will be changed to make...

The Power Finance Corporation is preparing to sell bonds to the general public in the month of July: source

The Power Finance Corporation is preparing to sell bonds...

The bond offering would most likely consist of two tenors, each worth Rs 5,000 crore.

G20: Prime Minister Modi pitches for 'fusion approach' to address challenges in agriculture

G20: Prime Minister Modi pitches for 'fusion approach'...

G20 Meeting to address challenges in agriculture