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Retail inflation cools in Nov, WPI at 9-month high Premium RBI has cautioned that the inflation outlook has turned adverse relative to expectations in the past two months. 2 min read Share Via Read Full Story Retail inflation slowed to a three-month low at 6.93% in November as vegetable prices eased, data released by the statistics department on Monday showed. However, the central bank is unlikely to cut interest rates anytime soon as inflation still remains well above the upper limit of its tolerance level of 6%. In November, food inflation eased to 9.43% from 11% a month ago, with the veget...

India, US are the best places for investor fund disclosure. Which is worst? Premium Morningstar applied a grading scale of top, above average, average, below average, and bottom to evaluate 26 markets based on six disclosure criteria. Photo: Bloomberg 2 min read . Updated: 15 Dec 2020, 11:39 AM IST Bloomberg India and the U.S. are the two most investor-friendly markets in the world in terms of best practice for portfolio disclosure, while Australia ranks at the bottom, according to a global study by Morningstar Inc. Share Via Read Full Story India and the U.S. are the two most investor-frie...

The US-China tech war won’t end under Biden Premium US President-elect Joe Biden arrives with wife Jill Biden to deliver remarks on the Electoral college certification at the Queen Theatre in Wilmington, Delaware on December 14, 2020. (Photo by ROBERTO SCHMIDT / AFP) (AFP) Jacky Wong , The Wall Street Journal A softer touch is likely, but Democrats and Republicans share concerns about the threat to core American industries and China’s techno-authoritarian ambitions Share Via Read Full Story The tech war between the U.S. and China will likely continue under the Biden administration, alth...

Lebanon to get first batch of Covid-19 vaccines in two months, says minister Premium A customer wearing a protective face mask shops inside a grocery store in Beirut, Lebanon December 7, 2020. Picture taken December 7, 2020. REUTERS/Mohamed Azakir (REUTERS) Issam Abdallah Nation is already struggling with economic meltdown Share Via Read Full Story Lebanon is expected to sign a deal this week for supplies of Pfizer-BioNTech's Covid-19 vaccine and is set to receive the first batch eight weeks after that, the caretaker health minister said. A surge in infections is straining Lebanon's healthca...

Vigour of India’s revival surprising: S&P Premium (Bloomberg) Share Via Read Full Story S&P Global Ratings on Tuesday pared down its projection about the extent of contraction Indian economy will see in FY21 to 7.7% from 9% dip estimated earlier, holding that it is surprised by the vigour of economic recovery in Asia's third largest economy, especially given the tepid policy response from the government underpinning it. The rating agency said rising demand and falling infection rates have tempered its expectation of the pandemic’s hit on the Indian economy. “Our revision reflects a fast...