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  • Debt mutual funds: Still a lucrative investment? March 28, 2023 06:04 PM IST

    Debt mutual funds: Still a lucrative investment?

    It is important for each investor now to review the asset allocation of mutual funds to ascertain whether such funds would be impacted by the proposed amendment

  • G20: Larry Summers, NK Singh-led panel on multilateral banks to submit report by June 30 March 28, 2023 02:24 PM IST

    G20: Larry Summers, NK Singh-led panel on multilateral banks to submit report by June 30

    The nine-member panel also includes Tharman Shanmugarathnam, a Senior Minister and former deputy prime minister of Singapore

  • Naveen Patnaik writes to Piyush Goyal, urges him to procure surplus rice from Odisha March 28, 2023 02:10 PM IST

    Naveen Patnaik writes to Piyush Goyal, urges him to procure surplus rice from Odisha

    In a letter to Goyal, the minister of consumer affairs, food and public distribution, the CM said that Odisha became a decentralised procurement state from the Kharif Marketing Season (KMS) 2003-04, and since then, it has been undertaking MSP (minimum support price) operations for procurement of paddy in a decentralised mode.

  • LIVE: Jim Rogers Exclusive | Global banking crisis, era of high interest rates, view on India & more March 28, 2023 01:53 PM IST

    LIVE: Jim Rogers Exclusive | Global banking crisis, era of high interest rates, view on India & more

    Is the worst of the global banking crisis behind us? Jim Rogers, Author of Street Smarts: Adventures on the Road and in the Markets and Chairman of Rogers Holdings shares his views on the Silicon Valley Bank (SVB) collapse and Credit Suisse turmoil, and on global central banks, and their attempts to tame soaring inflation. In an exclusive interview with Moneycontrol’s Senior Consulting Editor, N Mahalakshmi, he also shares his thoughts on where India stands when compared to other emerging markets and whether gold holds more clout over equities as an asset class at the current juncture. Watch!

  • Russia says oil sales to India soar amid Ukraine conflict March 28, 2023 02:14 PM IST

    Russia says oil sales to India soar amid Ukraine conflict

    Russia shifted its oil exports to India and China last year as European Union nations sought to end their reliance on Russian energy supplies after Moscow sent troops into neighbouring Ukraine.

  • Centre working to reduce logistics cost to GDP to 7.5% in 5 years: Amit Shah March 28, 2023 01:12 PM IST

    Centre working to reduce logistics cost to GDP to 7.5% in 5 years: Amit Shah

    Addressing the annual session of Assocham, Amit Shah said, without the development of the country's infrastructure and reduction of logistics costs, development was not possible.

  • G20: India gears up for trade, investment talks under shadow of Russia's war March 28, 2023 01:11 PM IST

    G20: India gears up for trade, investment talks under shadow of Russia's war

    The first meeting of the G20 Trade and Investment Working Group began today in India's financial capital, Mumbai. However, developments a continent away may again dominate talks

  • Middle East on ‘radar’ of global investors as it enjoys IPO boom March 28, 2023 11:43 AM IST

    Middle East on ‘radar’ of global investors as it enjoys IPO boom

    Frenzy of activity across the region contrasts sharply with Europe’s moribund market

  • Public-private partnerships in developing smart cities crucial to become $5 trillion economy: Nitin Gadkari March 28, 2023 06:48 AM IST

    Public-private partnerships in developing smart cities crucial to become $5 trillion economy: Nitin Gadkari

    Addressing the '8th Smart Cities India Expo', Gadkari also stressed the need of developing smart cities and villages through the PPP model.

  • As Banking Worries Swirl, EU Policymakers Are Confident Yet Wary March 27, 2023 08:54 PM IST

    As Banking Worries Swirl, EU Policymakers Are Confident Yet Wary

    At a conference in Frankfurt last week, representatives from the European Central Bank spoke confidently of the strength of the financial regulations and the intensity of the banking oversight in the 20-country bloc that uses the euro currency. Still, in the room, there was a wariness about what might happen next, with few convinced that the dust from the recent turmoil had settled.

  • Global economy 'speed limit' on track to hit 30-year low by 2030, says World Bank March 28, 2023 07:18 AM IST

    Global economy 'speed limit' on track to hit 30-year low by 2030, says World Bank

    The multilateral institution says nearly all forces that drove economic progress over the last 30 years are fading and the global economy's speed limit is on track to fall to a three-decade low by 2030

  • Will weak monsoons sap rural demand? Rural sector much bigger than just agriculture, says Jefferies March 27, 2023 02:37 PM IST

    Will weak monsoons sap rural demand? Rural sector much bigger than just agriculture, says Jefferies

    Only 40 percent of rural economy is agriculture, and services and manufacturing account for a substantial chunk of rural incomes.

  • S&P keeps India economic growth forecast unchanged at 6% in FY24 March 27, 2023 12:53 PM IST

    S&P keeps India economic growth forecast unchanged at 6% in FY24

    In the quarterly economic update for Asia-Pacific, S&P saw inflation rate easing to 5 per cent in 2023-24 fiscal, from 6.8 per cent in the current financial year.

  • Gold’s record run is keeping buyers away March 27, 2023 12:34 PM IST

    Gold’s record run is keeping buyers away

    Gold futures in the second-biggest consumer jumped to a record 60,455 rupees ($734) per 10 grams last week.

  • Transparency and disclosure key to addressing risks to global financial stability, says IMF report March 27, 2023 11:37 AM IST

    Transparency and disclosure key to addressing risks to global financial stability, says IMF report

    The report also highlighted that the global economic recovery has been uneven, with some countries and sectors recovering faster than others. This uneven recovery has led to growing economic imbalances and vulnerabilities, which could increase the risks of financial instability.

  • Ruchir Sharma: The unstoppable rise of government rescues March 27, 2023 11:25 AM IST

    Ruchir Sharma: The unstoppable rise of government rescues

    A maximalist culture of bailouts and state support is bloating and thereby destabilising the global financial system

  • The economic case for right to health is a strong one March 27, 2023 03:45 PM IST

    The economic case for right to health is a strong one

    Rajasthan's has set the ball rolling on universal healthcare giving access to both public and select private healthcare facilities

  • Flash PMIs show strong growth in major advanced economies, despite banking panic March 27, 2023 12:46 PM IST

    Flash PMIs show strong growth in major advanced economies, despite banking panic

    Most of the growth has been in the services sector, while manufacturing has been contracting 

  • Debt mutual fund tax change: Throwing out the baby with the bath water  March 27, 2023 12:54 PM IST

    Debt mutual fund tax change: Throwing out the baby with the bath water 

    The amendment to the finance bill fails to address the larger issue of varied capital gains tax liability across different assets, creating more confusion

  • The BIS’s warning about risk to financial institutions from higher interest rates was ignored  March 27, 2023 12:50 PM IST

    The BIS’s warning about risk to financial institutions from higher interest rates was ignored 

    A report by the Committee on the Global Financial System in 2018 said that a sharp rise in interest rates after a prolonged period of very low rates would destabilise banks, insurance companies and private pension funds 

  • Moneycontrol Selects: Top stories this evening March 26, 2023 07:42 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game.

  • Pakistan's inflation soars to 47% fueled by high food prices; onion up 228%, wheat 120% March 26, 2023 05:46 PM IST

    Pakistan's inflation soars to 47% fueled by high food prices; onion up 228%, wheat 120%

    Other commodities of mass usage also jumped to a record high, with the prices of cigarettes rising by 165.88 percent, tea by 94.60 percent, basmati broken rice by 81.22 percent and eggs by 79.56 per cent, while energy prices also continued to soar further, as cooking gas charges climbed by 108.38 percent, diesel by 102.84 percent and petrol by 81.17 percent.

  • Moneycontrol Selects: Top stories this evening March 25, 2023 07:08 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game.

  • Biggest casualty of ending LTCG regime is not debt funds but the debt market March 26, 2023 08:42 AM IST

    Biggest casualty of ending LTCG regime is not debt funds but the debt market

    The biggest casualty is clearly the debt market since mutual funds were the only parties that bought and sold corporate bonds in the debt market. Insurance and pension funds and even banks are usually hold-to-maturity buyers. So the vibrancy in the debt market is bound to be hurt if debt funds don’t get incremental money.

  • Moneycontrol Pro Weekender: Mary Poppins and the banking crisis March 25, 2023 01:08 PM IST

    Moneycontrol Pro Weekender: Mary Poppins and the banking crisis

    What is the connection between the banking crisis, Mary Poppins and Ben Bernanke's bottle of scotch? Read on to know