The fiscal deficit for the first 10 months of the current fiscal rose to Rs 11.91 lakh crore, which was 67.8 per cent of the whole year target for 2022-23, according to data released by the Controller General of Accounts on Tuesday.
Category: Market
China controls 70% of global lithium production; that's a worry for the world
"Control oil and you control nations", former US Secretary of State Henry Kissinger once said. Today, it could be argued that to control lithium - white oil as it were - is to control nations, Marina Yue Zhang wrote for the Lowy Institute.
New life, flurry of new jobs beckon residents of India's 'lithium village'
People of Kotli Salal in Jammu and Kashmirs Reasi district, 75 kilometres from Jammu, are excited at the news of the discovery of vast deposits of lithium, hoping that this will change their fortunes and open new vistas for employment and prosperity.
'Bank mergers in India has resulted in increased efficiency'
Mergers of banks in India has resulted in increased efficiency for the acquirers or the merged entity and higher shareholders wealth for the acquiree banks, as per a research paper published by the Reserve Bank of India (RBI).
Wholesale inflation falls to 4.73% in January
The wholesale price index (WPI) based inflation for January 2023 fell to 4.73 per cent against 4.95 per cent in December 2022, according to data released by the commerce ministry on Tuesday.
Retail inflation at 6.5% in January, worrisome, shocker: Economists
In a shocker, consumer price index (CPI) inflation touched 6.5 per cent in January, the Ministry of Statistics & Programme Implementation said on Monday, after being 5.72 per cent in December and 5.88 per cent in November last year, and economists termed it "worrisome".
Slowing global demand weighing on India's merchandise exports: Eco Survey
The empirical literature documents that global growth exerts a strong statistically and economically significant impact on India's real exports, though the impact has reduced over the years.
Naked short selling not permitted in Indian markets
Naked short selling is not permitted in the Indian securities market and all investors would be required to mandatorily honour their obligation of delivering the securities at the time of settlement.
SEBI may probe short selling to hammer down Indian markets
According to a SEBI discussion paper, short selling -- the sale of a security that the seller does not own -- is one of the long-standing market practices, which has often been the subject of considerable debate and divergent views in most of the securities markets across the world.
9 out of 10 individual traders in F&O segment making losses
Nine out of 10 individual traders in the equity F&O segment incurred net losses during both the years FY 2018-19 and FY 2021-22, according to a study by market regulator SEBI.
Marketing losses of India's oil PSUs to ease: Moody's
With the international prices of petrol and diesel cooling due to economic slowdown concerns, marketing losses for the three Indian oil companies will ease, said Moody's Investors Service.
'Gold prices on the upward trend, to touch Rs 60,000/10 gms soon'
Gold prices are expected to touch Rs 60,000/10 grams 24-carat shortly with the rates touching Rs 58,550 on Monday, a top official of Madras Jewellers and Diamond Merchants Association said.
FPIs sold for 11 consecutive days to the tune of Rs 14,300 cr
FPIs have turned sustained sellers in the Indian market and sold for 11 consecutive days taking the cumulative selling to Rs 14,300 crore, says V.K. Vijayakumar, the Chief Investment Strategist at Geojit Financial Services.