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U.S. Fed slashes lending rate by 50 bps in first cut since 2020

Policymakers voted 11-to-1 in favour of lowering the U.S. central bank's benchmark lending rate to between 4.75% and 5.00%, the Fed announced




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Prices of essentials unlikely to rise during festive season: Centre

The Food Secretary said the Centre is thinking of lifting the export ban on certain varieties of non-basmati rice




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Post-1991, southern States emerged as leaders: EAC-PM

Punjab and West Bengal have recorded sharp declines in per capita income after a head start




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On the pitfalls of estimating GDP

The ongoing GDP series is due for revision. The official agency is considering using GST data to estimate value addition. However, the agency should be careful to not apply unverified datasets and shaky methodologies without adequate testing and validations for GDP estimation




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GST Council sets up GoM on compensation cess; panel to submit report by December 31

In the GST regime, compensation cess at varied rates is levied on luxury, sin and demerit goods over and above the 28% tax




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FPIs inflow hit 9-month high of ₹57,359 cr in equities in September; surpasses ₹1 lakh cr mark

In the debt markets, FPIs infused ₹8,543 crore through the Voluntary Retention Route (VRR) and ₹22,023 crore via the Fully Accessible Route (FRR) in September




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Mcap of 8 of top-10 most valued firms surges ₹1.21 lakh crore; Reliance biggest winner

The market valuation of Reliance Industries jumped ₹53,652.92 crore to ₹20,65,197.60 crore




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Government claim of eight crore new jobs is data jugglery, says Congress

Centre included even unpaid household work in its employment data, says Jairam Ramesh




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Centre decides to maintain status quo of return on small savings scheme

The interest rates on small savings schemes such as Public Provident Fund (PPF) and National Savings Certificate (NSC) are reset each quarter




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TAFE files contempt petition against AGCO over Massey Ferguson brand




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Maruti, Hyundai, Tata Motors report decline in wholesales in September

Mahindra & Mahindra said its SUV wholesales in the domestic market increased 24% to 51,062 units in September compared to the same month of last year




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Rate cut hopes: at least one new MPC member a dove




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Gold cools, oil surges amid escalating tensions in West Asia




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India, U.S. exploring combined engagement with third countries to source minerals: Piyush Goyal

Piyush Goyal said that critical minerals figured in his official parleys with U.S. Commerce Secretary Gina Raimondo on Thursday.




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India to see steepest rise in living standard of common man in coming decades: FM Nirmala Sitharaman

Addressing the 3rd edition of Kautiliya Economic Conclave here, the Minister said, India's critical economic performance in the recent decade was underscored by its leapfrog from the 10th to the fifth largest economy in five years.




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Govt grants one-year extension to RBI Deputy Governor Rajeshwar Rao

Rao was appointed as RBI Deputy Governor in October 2020 for a period of three years




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India plays crucial geopolitical role from American standpoint: USISPF president Mukesh Aghi

“The economic growth story of India is tremendous. India is among very few large economies which are growing 7-8%,” Mukesh Aghi said




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Can India escape middle-income trap?

How does the World Bank define the threshold for middle-income economies? Why is state intervention considered crucial for breaking the middle-income trap? What lessons can be drawn from South Korea and Chile? What challenges does India face in balancing state intervention with democratic values?




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RBI asks banks to ensure easier accessibility for payment systems to persons with disabilities

RBI instructs banks to review payment systems for accessibility to persons with disabilities, ensuring digital payment inclusivity




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Wholesale food prices surged at two-year high pace of 9.5% in September

Fuel and power costs dropped over 4% last month, while manufactured product prices rose just 1%, reining in overall wholesale inflation pace to 1.84% from 1.3% in August




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Indian conglomerates to spend $800 billion in new projects in 10 years: S&P Global Ratings’ report 

“The Vedanta, Tata, Adani, Reliance and JSW groups alone are prepping about $350 billion of investment in these sectors over the next decade,” Neel Gopalakrishnan of S&P Global Ratings said




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36% surge in vegetable prices lifts September inflation to 9-month high

Retail inflation touches nine-month high of 5.5% in September




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Economics Nobel Winners 2024 and their studies on ‘how institutions are formed and affect prosperity’

Daron Acemoglu and Simon Johnson are professors at the Massachusetts Institute of Technology while James Robinson is based at the Harris School of Public Policy and Department of Political Science at the University of Chicago.




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Dearness Allowance hiked by 3% for Central Government employees ahead of Deepavali

The government had last hiked Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners on March 8




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'India's growth rate among the shiniest parts of the world economy': Ajay Banga

A lot of that growth is in India, is driven by the domestic market as well, which actually is a healthy sign, in some ways, says World Bank president Ajay Banga




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RBI maintains tight vigil on financial market and takes action when necessary, says RBI Governor Shaktikanta Das

The RBI Governor said that the central bank does not act like a policeman.




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GoM decides to cut GST on 20-litre water bottles, bicycles to 5%; raise rate on shoes, watches

The Group of Ministers on GST rate on life and health insurance decided to exempt GST on premiums paid for health insurance with coverage of ₹5 lakh for individuals other than senior citizens; final decision to be taken by the GST Council




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Market capitalisation of four of top-10 valued firms jumps ₹81,151 crore; ICICI, HDFC Bank biggest gainers

Reliance Industries continued to remain the most-valued domestic firm, followed by TCS, HDFC Bank, Bharti Airtel




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India well positioned to capitalise on new growth opportunities: Nirmala Sitharaman

Nirmala Sitharaman said that India is looking towards boosting domestic capacities, and building resilience against external shocks




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The job crisis undermines state legitimacy

Unemployment is not merely an economic issue, but a fundamental political challenge that strikes at the heart of how we organise our societies




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India wouldn't be fastest-growing economy if people hadn't utilized digital infrastructure: Nirmala Sitharaman

Nirmala Sitharaman highlighted that providing free digital access to the public, coupled with extensive campaigns and awareness programs in local languages, helped people across the country embrace technology




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Centre re-starts retail sale of pulses as prices rise ahead of festivals

Direct interventions through retail sale of basic food items such as rice, atta, dal and onion have helped maintain a stable price regime, Union Consumer Affairs and Food Minister Pralhad Joshi said




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Restrictions removed on non-basmati rice exports

DGFT has removed the $490 a tonne minimum export price on non-basmati white rice with immediate effect




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FPIs withdraw ₹85,790 crore from Indian equities in October on attractive Chinese market valuations

Since June, foreign portfolio investors (FPIs) have consistently bought equities after withdrawing ₹34,252 crore in April-May




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New investments see a boom in second quarter

Government capex recovers from a lull in the first quarter; overall investments jump 42.5% sequentially in the second quarter of 2024-25 to ₹9.21 lakh crore; private investors also step up, at a slower pace




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Core sector output at 10-month low in September, deepening growth anxieties

Steel, power, oil and gas output growth slows, though cement output grows faster; economists say industrial production growth likely slowed in September, and may drag down annual growth projections




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Bibek Debroy: Tributes pour in after death of noted economist

Prime Minister Narendra Modi and President Droupadi Murmu were among those who paid tribute to the PM’s Economic Advisory Council chairman




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Jet fuel sees 3.3% hike; commercial LPG rates rise by ₹62

This is the fourth straight monthly hike in commercial LPG prices; Commercial LPG now costs ₹1,754.50 per 19-kg cylinder in Mumbai, ₹1,911.50 in Kolkata and ₹1,964.50 in Chennai




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FPIs withdraw record ₹94,000 crore from Indian equities in October on attractive Chinese valuations

Foreign portfolio investors withdrew ₹94,000 crore from Indian stock market in October due to high valuations, shifting focus to Chinese stocks




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India’s manufacturing growth accelerates in October: PMI

Cost pressures spiked to a three-month high, new export orders accelerate from 18-month low growth in September




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Government invites applications for RBI Deputy Governor

Applicants should have at least 25 years of work experience in Public Administration including experience at the level of Secretary or equivalent in the Government of India




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Nearly 98% ₹2000 banknotes returned; ₹6,970 crore worth notes still with public

On May 19, 2023, the RBI announced the withdrawal of ₹2000 denomination banknotes from circulation




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China braces for tensions after Trump victory in U.S.

As President-elect Donald Trump prepares to start his second term in office, China is looking at unpredictability in its ties with the U.S. and renewed tensions over trade, technology, and Taiwan




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Singles' Day shopping festival loses its shine under China's lagging economy

The annual event named by the numeric form of its Nov. 11 date was started by e-commerce platform Alibaba, which offered attractive discounts to entice shoppers to spend big.




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Parliament proceedings | Three more MPs suspended, total at 146 as Opposition’s protest over mass suspension continues

Union Parliamentary Affairs Minister Pralhad Joshi moved a resolution to suspend MPs Nakul Nath, Deepak Baij and D.K. Suresh for misconduct and storming the Well in the Lower House




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Island of Awareness (iOA)

The world today is chaotic, driven by a lack of care and empathy. Imagine if our leaders cared for us, if we cared for each other, and if we cared for the environment. This story, set on the Island of Awareness (iOA), explores these possibilities.




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Cognizant says entry-level annual pay for engineers at ₹4-12 lakh; best in industry

Cognizant said it offers ₹4-12 lakh salary to fresh engineering graduates, and the salary being quoted on social media is for non-engineering undergraduate degree holders




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Nature therapy [electronic resource] / edited by Yonatan Kaplan, Petros Levounis.

Washington, DC : American Psychiatric Association Publishing, [2025]




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Pain, the opioid epidemic, and depression [electronic resource] / Jeffrey F. Scherrer, editor ; Jane C. Ballantyne, co-editor.

New York, NY : Oxford University Press , 2024.




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Tackle football and traumatic brain injuries [electronic resource] : law, ethics, and public health / Daniel S. Goldberg ; foreword by Christopher Nowinski.

Baltimore : Johns Hopkins University Press, [2024]