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Making a case for maintaining the status quo on interest rates, PwC Partner and Economic Advisory Services leader Ranen Banerjee said any rate cut at this stage would amount to “wasting a bullet” at a time when economic growth is robust and inflation remains benign.The Reserve Bank of India is unlikely to reduce the policy…
China has moved to escalate its trade dispute with India by asking the World Trade Organisation to set up a dispute settlement panel against New Delhi’s incentive schemes for automobiles, batteries and electric vehicles, after bilateral consultations failed to resolve the matter.In a communication to the World Trade Organisation, China said consultations held on November…
Mumbai : Zepto’s $1 billion IPO is a step closer to hitting Dalal Street with markets regulator Sebi giving it a go ahead for the issuance, details published on its website showed. The company which rivals Eternal’s Blinkit and Swiggy Instamart in India’s $10-11 billion quick commerce market is targeting a listing sometime by July,…
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Bullion prices in domestic markets remained under strain last week. On the Multi Commodity Exchange, silver tumbled by Rs 8,850, marking a decline of 3.3 per cent, while gold fell by Rs 3,168, a drop of about 2 per cent. According to Pranav Mer, Vice President, EBG – Commodity & Currency Research, JM Financial Services…
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