Finding ultimate beneficial owners is important because of the dangers of tax evasion, drug trafficking, corruption and terrorism. But too many countries still allow camouflaging of these owners and there are clever lawyers and accountants to help
The current ban was scheduled to be reviewed in April and top government officials from food, farm and trade ministries are likely to make a decision on an extension by the end of March, or early April, government and industry sources said, adding they don't expect wheat exports to resume until mid-2024.
The cost of borrowings for companies will go up further, as there is no clear indication as to when the interest rate cycle would peak for India. What we needed at this juncture was clearer forward guidance from the MPC
The Reserve Bank of India clearly feels inflation is still a tad too high for comfort. Current data points suggest rates may pause at this level. Key task for RBI is to ensure economic growth doesn’t suffer because of inadequate liquidity
The central bank's inflation forecast for the next year presents a huge drop from the current year. But a case can be made for it to have been lower, say economists
At the current juncture, when the headline CPI is already within the MPC's target range and expected to trend downwards, a longish pause, starting from the April policy, seems imminent.
The Modi government has sent out a strong message that it stands for the poorest of the poor and does not believe in crony capitalism, but equally, it stands for wealth creation
In today’s edition of Moneycontrol Pro Panorama: No end to rate hike cycle, make the most of market volatility, puzzling economic signs leave markets confused, can Paytm set stage for revival, and more
The procurement crossed Rs 1.5 lakh crore on February 1.
A record government borrowing programme amid tightening of liquidity conditions has led to talk of the need for the Reserve Bank to buy the bonds through open market operations in 2023-24
The budget was a mixed bag for agriculture, with emphasis on tech-related proposals and higher credit for farmers, but the absence of some expected tax breaks.
“Economic activity in India remains resilient, while investment activity continues to gain traction, and rural demand continues to show signs of improvement,” RBI Governor Shaktikanta Das said
This service will be permitted to travelers from G-20 countries arriving at select international airports.
January-March 2023 CPI inflation is seen at 5.6 percent versus 5.9 percent earlier
Demand for Electric Vehicles (EVs) has increased exponentially in the last two years with the government's push, increasing awareness, and new launches, domestic rating agency Icra said in its report.
Differences in the volatility cycles of earnings and that of market prices often give useful information to investors, if they are watching closely
Given the narrowing interest rate differential between the policy rates and sticky core inflation, even though we see no real case for a rate hike, MPC may do an insurance hike of 25 bps on February 8.
A recession in the United States may not be completely off the table, but the possibility is quickly diminishing in the eyes of experts. Goldman Sachs reduced the probability of a recession in the U.S. to 25 percent after a stronger-than-expected jobs report.
The Vision Funds are almost exhausted, so the company will be looking for something else to buy in order to boost returns
In an interaction with Shweta Punj of Moneycontrol, the finance secretary shared the thoughts that went into drawing up the document, and nuancing between the known unknowns and unknown unknowns.
States’ finances have been under the spotlight amid an ongoing debate on freebies.
A gap has emerged between the US central bank and its peers at a time when its policy signals have become at odds with financial conditions
The Indian central bank looks at a variety of economic indicators before deciding on interest rates and other monetary policy matters. Moneycontrol takes a look at several key indicators which may influence the Monetary Policy Committee's decision on rates
An eye-popping U.S. nonfarm payrolls number on Friday along with a services industry rebound in January sent the dollar to a mid-January high, with investors pricing in the Fed's policy rate peaking at 5.05% in June.
Prime Minister Narendra Modi launched the higher 20 per cent ethanol blended petrol two months ahead of the planned rollout in April, at the India Energy Week (IEW) 2023 here.