Beware of bargains in private credit
To paraphrase Winston Churchill, investing in a business-development company can be like buying loans, wrapped in a fund, inside a stock.Some investors may...
Financial systems must remain connected to real economy, PM’s principal secretary PK Mishra cautions against speculation
Principal secretary to Prime minister Narendra Modi, PK Mishra, on Saturday cautioned that financial systems should remain connected to the real...
Can Centre shield OMCs with Rs 3 cushion, or will rupee flip the script?
The government on Friday raised fuel prices in the country, in an effort to soften the blow on oil marketing companies,...
Coffee giant to lay off 300 workers across US in $400 million restructuring
Starbucks is once again trimming its workforce, laying off about 300 US-based roles set to go as the coffee giant reshapes...
Rupee breaches 96/$ before closing at new low
MUMBAI: The rupee hit a record low of 96.14 against the US dollar on Friday before settling at 95.97, one paise...
India-Brics trade booms to $416 billion, but deficit keeps rising
India’s trade with Brics countries gathered pace over the past five years, making the bloc a significant part of the country’s...
