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Economic Buzz: IMF's Kristalina Georgieva says now may be a good time for a prudently hawkish bias in monetary policy

Mumbai, Oct. 7 -- Kristalina Georgieva, Managing Director of the International Monetary Fund has stated that while global growth has continued to stay on course in recent months, there are significant... Read More


Economic Buzz: UK house prices stagnate in September

Mumbai, Oct. 7 -- The annual rate of house price growth in the United Kingdom remained unchanged in September, the Lloyds House Price Index report showed on Wednesday. On a monthly basis, house prices... Read More


Economic Buzz: German industrial output up by 2% in August

Mumbai, Oct. 7 -- Industrial production in Germany increased by 2% in August compared with the previous month, the country's Federal Statistical Office, Destatis, revealed in its report published on W... Read More


US 10-year yield under 5.30%, markets eye Fed meeting minutes

Mumbai, Oct. 7 -- The benchmark 10-year US Treasury yield softened to 5.28% after touching 5.35% earlier this week, coming off its highest level since 2002. Oil prices tested one-week low yesterday bu... Read More


Economic Buzz: South Africa reserves slip from three-month high

Mumbai, Oct. 7 -- South Africa's gross foreign exchange reserves eased to $75.43 billion in September from a three-month high of $75.95 billion in August, largely reflecting lower US dollar gold price... Read More


L&T arm secures major order for 1,600 MW thermal power plant

Mumbai, Oct. 7 -- The order falls under the company's major order category, valued between Rs 5,000 crore and Rs 10,000 crore. The scope includes design, engineering, manufacturing, supply, erection, ... Read More


Yen under pressure as dollar holds firm near 102

Mumbai, Oct. 7 -- The Japanese yen weakened toward 158 per dollar on Wednesday as the wide US-Japan yield gap continued to favor the dollar, while relatively low domestic rates and Japan's heavy debt ... Read More


RBI decides to implement interoperability among NBFC-Account Aggregators

Mumbai, Oct. 7 -- Reserve Bank of India stated today that with an objective to enhance customer convenience, it has been decided to implement interoperability among NBFC-Account Aggregators (NBFC-AA).... Read More


High frequency indicators suggest that economic activity is holding momentum in Q2, says RBI Governor

Mumbai, Oct. 7 -- RBI Governor's Sanjay Malhotra stated today that domestic economic activity exhibited resilience amidst global headwinds as evident from real GDP growth of 7.8 per cent in Q1:2026-27... Read More


Swastika Infra receives work order worth Rs 615.76 cr from MSEDCL

Mumbai, Oct. 7 -- Swastika Infra has received a Letter of Award (LOA) from Maharashtra State Electricity Distribution Company (MSEDCL) for Distribution Infrastructure & System Strengthening works in t... Read More