The global economy stands at crossroads. Challenges remain in plenty, but new opportunities are also knocking at the door, according to Shaktikanta Das, Governor, Reserve Bank of India. Das noted in a speech that we need policies that are attuned to the new realities of the global economy. In an uncertain world, central banks need to be proactive to better serve the objectives of price and financial stability. In this environment, collaboration is not an option but a necessity. We need greater resolve and coordination to make significant progress in dealing with global challenges. The cooperation among countries should give due consideration to the principles of comparative advantage and resource endowments so that each one of us benefits.
Posts in category Business Standard
M&M soars after signing signing supply agreement with Volkswagen (16-02-2024)
Mahindra & Mahindra (M&M) jumped 4.23% to Rs 1840.30 after the company and the Volkswagen Group announced the signing of the first supply agreement on components of Volkswagens MEB for M&M’s purpose-built electric platform INGLO.
M&M soars after signing signing supply agreement with Volkswagen (16-02-2024)
Mahindra & Mahindra (M&M) jumped 4.23% to Rs 1840.30 after the company and the Volkswagen Group announced the signing of the first supply agreement on components of Volkswagens MEB for M&M’s purpose-built electric platform INGLO.
Foreign investors back India bonds over pricey stocks in tactical bet (16-02-2024)
For bulls who powered the massive rally, the tactical trade at the moment is to move into the bonds, whose appeal has been further burnished by the nation’s improving finances
Foreign investors back India bonds over pricey stocks in tactical bet (16-02-2024)
For bulls who powered the massive rally, the tactical trade at the moment is to move into the bonds, whose appeal has been further burnished by the nation’s improving finances
Volkswagen and Mahindra & Mahindra sign supply agreement (16-02-2024)
Volkswagen Group and Mahindra & Mahindra have signed the first supply agreement on components of Volkswagens MEB for Mahindra’s purpose-built electric platform INGLO, taking a definitive step further on their joint vision for e-mobility collaboration.
Volkswagen and Mahindra & Mahindra sign supply agreement (16-02-2024)
Volkswagen Group and Mahindra & Mahindra have signed the first supply agreement on components of Volkswagens MEB for Mahindra’s purpose-built electric platform INGLO, taking a definitive step further on their joint vision for e-mobility collaboration.
Barometers turn range bound; pharma shares advance (16-02-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex, was up 377.41 points or 0.52% to 72,427.79. The Nifty 50 index added 119.30 points or 0.54% to 22,030.05.
Barometers turn range bound; pharma shares advance (16-02-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex, was up 377.41 points or 0.52% to 72,427.79. The Nifty 50 index added 119.30 points or 0.54% to 22,030.05.
Pound Stays Cautiously Lower Ahead Of UK Retail Sales (16-02-2024)
UK pound is staying cautiously lower ahead of UK retail price inflation data due later in the day that is likely to provide fresh momentum to the currency pair. Yesterday, UK GDP data confirmed technical recession that weighed down the pair. GBPUSD is currently quoting at $1.2583, down 0.12% on the day. The pair is however staying well supported amid a sharp overnight drop in dollar overseas tracking slide in US treasury yields after weaker than expected US retail sales data. US retail sales for January saw a decrease of -0.8% month-over-month, falling short of both the previous month’s figures and the estimated -0.1% contraction. The dollar index that measures the greenback against a basket of currencies recovered some lost ground and was trading at 104.32 today after having fallen over half a percent yesterday, capping upside for the pair. The 10-year benchmark treasury yields also dipped to around 4.22%. Meanwhile, GBPINR futures on the NSE are also staying choppy although holding