Economics

Sebi allows payments banks to act as investment bankers

Non-scheduled payments banks, which have prior approval from the Reserve Bank of India (RBI), will be eligible to act as a banker to an issue (BTI),…

SGX Nifty down 15 points heres what changed for market while you were sleeping

Most Asian markets opened lower on Tuesday, tracking disappointing US manufacturing sector data released overnight. MSCI's broadest index of Asia-Pacific…

Where to invest a million rupees right now?

Concerns around growth and inflation are manifesting at a time when valuations in domestic and global equities are at their record highs, which is…

TEXT-Australia central bank August statement on rates

SYDNEY, Aug 3 (Reuters) - At its meeting today, the Board decided to: - maintain the cash rate target at 10 basis points and the interest rate on Exchange…

Nikkei ends lower as Covid-19 worries mount game makers slide

Other game makers also dragged the index. DeNA fell 3.88%, Konami Holdings dropped 2.26%, Bandai Namco Holdings sank 1.51% and Sony Group slipped 0.91%.

Can Irans new President Raisi fix a deeply troubled economy?

Iran’s economy has been crippled by United States sanctions and decades-long structural issues.

Tehran, Iran – Ebrahim Raisi,…

Indias economy shows signs of recovery as factory activity rises in July

India's factory activity has rebounded sharply in July after contracting in April. While it indicates that the country's economy is recovering…

Julys GST collection at over Rs 1.16 lakh crore second highest this fiscal

NEW DELHI: The goods and services tax (GST) collection for the month of July was Rs 1,16,393 crore, data released by finance ministry showed on Sunday.