With commodity markets remaining soft and uncertain, it is likely the money will flow into equity markets with strong upsides, such as India.
Economic Affairs secretary S C Garg said inflation has consistently come down since 2014 and will not cross 4 per cent this fiscal.
Global gold demand has seen a year-on-year decline of 8 per cent during the April-June period to 948.4 tonnes and going ahead further monetary tightening and continued dollar strength may pose headwinds, says a report. According to the WGC Gold Demand Trends Q2 2022 report, the total gold demand during the second quarter of 2021 stood at 1,031.8 tonnes. The year-on-year demand was affected by increase in gold electronic traded funds (ETFs) outflow, decline in Central banks buying and lower demand from the technology segment, the report said.
The vote leaves Greece in uncharted waters: risking a banking collapse that could force it out of the euro.
Rajan tells RBI colleagues he will be returning to academics
Is India really one of the cheapest nations to live in?
Just three years ago, at the end of March 2011, NRI deposits were only $52 billion, half of what they are today.
The host country has been pressing for a discussion at the 10th G20 Summit on the conflicts in Syria and the worst migrant crisis since World War II.
On February 22, 2013, the Reserve Bank of India issued guidelines on 'Licensing of New Banks in the Private Sector'.
Though inflation, on the basis of the wholesale price index, is nowhere near the 1990-91 level of 10.26 per cent and India is in a much better position to check it, the greater integration of our economy with the globe has exposed it to a much higher risk of imported inflation.
With 75 per cent of votes counted, the ND party was leading with 39.6 per cent of total votes heading towards a majority in the 300-member Greek Parliament, while Tsipras' leftist Syriza was behind with 31.6 per cent of total votes, CNN reported.
Bihar became the first non-NDA state and overall second after the BJP-ruled Assam to pass GST bill.
Modi is also scheduled to hold a bilateral meeting with Xi on Tuesday.
Nearly half of the 20 indexes polled globally are now expected to end the year lower than where they started
Brexit will likely put brakes on the UK's growth prospects.
Even US equities are now back to end-2014 levels.
Will Greece manage to pay euro 1.5 billion to IMF?
Don't waste the money on politically motivated social programmes.
If the impact of the Greece crisis spreads across Europe and parts of the world which are more interconnected than ever before, India cannot hope to be insulated, says Paranjoy Guha Thakurta.
Hailing India for keeping "neutral stand" over the South China Sea issue despite pressure from the US and Japan, state-run Chinese media on Wednesday said there are some contradictions and frictions between the two nations but the overall bilateral relations have been developing smoothly.
In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story
11th-hour debt restructuring programme offered no concessions to creditors
India this year will emerge as the world's seventh largest economy, up from the 12 th position in 2008.
The Sensex ended at a fresh record closing high of 28,889 while Nifty ended at a fresh record closing high of 8,730.
While stating that a strong government should be led by those who have expertise, motivation and integrity and can provide the needed public good, Rajan warned that "strong governments, may not, however, move in the right direction".
This does not mean isolating parochialism but of new way of thinking about economic systems, says Rajni Bakshi.
World trade has been growing slower than world GDP since 2012.
Modi govt has a unique style of working, say experts.
Inflation targeting framework is now enshrined as a formal agreement by the government and the RBI; thus, it may seem that we are flogging a dead horse, says Soumya Kanti Ghosh.
It is significant that the PM's appeal to invest in India comes at a time when the global economy is facing a difficult phase
Almost half of that market is in India's villages.
China's economy is worse than it really is, but then these are emblematic of the baffling self-congratulatory mood that exists in India today.
'A strong foreign exchange reserve is the best safety net against global spillovers.'
Positive cues from Asian peers also uplifted the sentiment.
Rajan, who has also served as chief economist at the International Monetary Fund (IMF), said he had no idea what statistics are pointing at currently and "a revamp" was needed "to really figure out what India's true growth rate is".
'That is not a democratic ideal obviously, but it is a practical reality.' 'It is a consistent feature of politicians in Pakistan that their rhetoric on the army softens the closer they get to the seat of power.'
The question really is whether the US can be persuaded to embark on a path of calibrated and stronger sanctions on Pakistan.
The size of the GDP in the second quarter of 2018-19 is estimated at Rs 33.98 lakh crore, as against Rs 31.72 lakh crore a year ago
The country has already laid down a 'red carpet' for businesses.
While he has plenty of critics at home, Rajan is a favourite among foreign investors and has been credited for bringing inflation under control.
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