Lancet projects further fall in India’s fertility rate, raises concern | India News

The report also states that India’s TFR can further fall to 1.04 children per woman in the year 2100 Experts have raised concerns regarding the projected fall in India’s total fertility rate (TFR) in a recent study by Lancet on global fertility rates. The study suggests that India’s TFR, or the average number of… Continue reading Lancet projects further fall in India’s fertility rate, raises concern | India News

Will end FY24 with growth rate of over 30%: CEO Shriram Life Insurance | Company News

Premium Casparus J H Kromhout, CEO Sriram life Insurance Shriram Life Insurance Company, a joint venture between Shriram Group and South Africa-based Sanlam Ltd., has set a target of increasing its rural penetration by 50 per cent in the next three years. Casparus JH Kromhout, managing director and chief executive officer, talks to Shine… Continue reading Will end FY24 with growth rate of over 30%: CEO Shriram Life Insurance | Company News

Expect status quo, both for rate and policy stance

Continuing its fight against rising inflation, the US Federal Reserve, in the last week of July, raised interest rates to a 22-year high. It raised the rates by 25 basis points to a range of 5.25-5.5 per cent after pressing the pause button at the previous meeting of its rate-setting body, the Federal Open… Continue reading Expect status quo, both for rate and policy stance

RBI may continue to hold rate amid concern over inflation: Experts

The Reserve Bank is likely to continue with the pause on the key interest rate at its upcoming monetary policy review, as concerns on the inflation front and keeping the borrowing cost stable to maintain the economic growth momentum persist, said experts. The RBI Governor-headed six-member Monetary Policy Committee’s (MPC) meeting is scheduled… Continue reading RBI may continue to hold rate amid concern over inflation: Experts

Policy repo rate likely to see cut from Apirl-June of FY25

The Reserve Bank of India (RBI) is likely to start cutting the policy repo rate only from the first quarter of the next financial year, 70 per cent of participants said in a Business Standard poll conducted ahead of this week’s monetary policy review. All the 10 respondents expect the six-member of the… Continue reading Policy repo rate likely to see cut from Apirl-June of FY25

Markets to focus on Q1 earnings, RBI interest rate this week: Analysts

The RBI interest rate decision, industrial production data for June and the ongoing quarterly earnings from corporates would largely drive the stock markets this week, analysts said. Other major factors such as global market trends, the movement of oil prices and the trading activity of foreign investors would also influence trading, they added.… Continue reading Markets to focus on Q1 earnings, RBI interest rate this week: Analysts

US adds 187,000 jobs, unemployment rate unexpectedly drops to 3.5%

By Augusta Saraiva US employment increased at a solid pace in July while wages rose at a faster-than-expected clip, consistent with sustained labor demand that’s at the root of renewed momentum in the economy.   Nonfarm payrolls increased 187,000 last month following a similar advance in June, a Bureau of Labor… Continue reading US adds 187,000 jobs, unemployment rate unexpectedly drops to 3.5%

No undue pressure exerted on Desai, interest rate not excessive: Edelweiss

Hours after a case was registered against its top officials for allegedly abetting the suicide of Bollywood art director Nitin Desai, Edelweiss ARC on Friday denied that it had put pressure on him for repaying loans. Stating that it followed all legal processes mandated by the RBI, the Asset Reconstruction Company also clarified… Continue reading No undue pressure exerted on Desai, interest rate not excessive: Edelweiss