Economy - India Daily Digital

Gold Prices Reach for the Sky Before Festive Rush

According to market analysts this has spurred the demand for gold as a safe-haven investment….reports Asian Lite News Gold prices in India have shot up by as much as Rs 4,150 per

October 30, 2023

Business·Economy·India News

Goyal Urges Resilient Supply Chains at G7 Osaka

Indian Minister Piyush Goyal said that the Covid-19 pandemic and the geopolitical events highlighted the vulnerabilities of the existing supply chains leading to an increase in commodity prices and global inflation. Commerce

October 28, 2023

-Top News·Economy·India News

South Korea’s Daewoo Returns to India

Daewoo has formed a strategic partnership with Kelwon Electronics and Appliances Private Limited, based in Gurugram…reports Asian Lite News South Korean company Daewoo on Wednesday announced its re-entry in the Indian market

October 27, 2023

Business·Economy·India News

Databricks Acquires Arcion in $100M Deal

The company acquired Arcion for about $100 million, including incentives…reports Asian Lite News US-based data and AI company Databricks has acquired data startup Arcion, which helps enterprises quickly and reliably replicate data

October 27, 2023

Business·Economy·USA

Investor Caution in IT Stocks

Rupee depreciation and cost control seems to have helped in margins inching up. Companies activated a few levers to defend margins….reports Asian Lite News Early results from the information technology (IT) and

October 23, 2023

Business·Economy·India News

RBI Holds Key Repo Rate at 6.5%

The MPC, in its policy review meeting, had retained the key repo rate at 6.5 percent, reiterating willingness to act against inflation….reports Asian Lite News A majority of the members of the RBI’s

October 23, 2023

Business·Economy·India News

External Factors Impact Indian Markets

The key risk is any escalation of geo-political tensions, which may heighten market volatility in the short term…reports Asian Lite News External factors were largely supportive of Indian markets through CY23. This

October 23, 2023

Business·Economy·India News

‘Inflation Remains a Concern, Policy Tightening Continues’

Since March last year, the central bank has rapidly raised interest rates from near zero to a range of 5.25-5.5 per cent, in an effort to fight the worst inflation in four

October 20, 2023

-Top News·Economy·USA

Wickremesinghe Seeks Debt Relief to Help Green Transition

Sri Lanka’s total external debt exceeds USD 50 billion, with a significant portion, roughly ten per cent, owed to China….reports Asian Lite News Debt relief for low income countries should be a

October 19, 2023

-Top News·Asia News·Economy

‘Pak National Budget Struggles with Burden of New Recruits’

The study revealed that the net present value of a Grade-1 employee hired in July 2023 would amount to Pakistani rupee (PKR) 8, 17, 27 million….reports Asian Lite News A recent study

October 18, 2023

-Top News·Asia News·Economy

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