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Softer US inflation, drop in yields prop up domestic markets
Equity markets rallied after softer-than-expected inflation data in the US and UK rekindled hopes of the end of the rate-hiking cycle by major central banks. Illustration: Uttam Ghosh/Rediff.com......
How India Can Defend Economy From Global Spillovers
While India won't be immune to global spillovers, we need to create the macro preconditions for sustained growth.Policy agility, prudence, and resilience will be key, suggests Sonal Varma, chief......
Select unsecured loans up by nearly Rs 7 trillion since 2019
People are availing far more of certain kinds of unsecured loans than was the case before the pandemic. Illustration: Uttam Ghosh/Rediff.com Bank lending for buying consumer durables and funding......
Accenture guidance delays hopes of demand pick-up for Indian IT: Analysts
At a time when the market is betting on a ‘higher for longer’ global interest rate view, Accenture’s (ACN) weak revenue forecast is a negative read-through for the Indian IT......
Headwinds ahead for NBFCs
In August, the Reserve Bank of India Governor Shaktikanta Das held a meeting with chief executive officers/ managing directors (CEOs/ MDs) of large non-banking financial corporations (NBFCs).......
Tokyo Olympics: All the interesting numbers
The Tokyo Games came to a close on Sunday, ending 16 days of high drama on and off the playing field.Here is a summary of major figures and facts at the Games:17 WORLD RECORDS IMAGE: Georgian......
Olympics: Japan extends COVID-19 state of emergency
'In Osaka and Tokyo, the flow of people is starting to creep up, and there are concerns that infections will rise.' IMAGE: Japan has seen a record number of COVID-19 patients in critical condition......
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