Need to reconsider sachetisation of F&O trade to safeguard household savings: CEA
The Economic Times » Financial Crisis
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10h ago
"When we take pride in the fact that we have the world's largest trading volume in futures and options (F&O), we need to ask ourselves is that a sign of progress or a sign of concern," the CEA said ..read more
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China unveils steps to stabilise crisis-hit property sector
The Economic Times » Financial Crisis
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10h ago
China announced significant measures to stabilize the struggling property sector. The measures included allowing local governments to purchase apartments, easing mortgage rules, and committing to finishing incomplete homes. These efforts aim to address declining demand, falling prices, and a surplus of unsold properties, with the hope of reviving a sector that once contributed significantly to the economy ..read more
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Can a collaborative approach break the credit rating impasse?
The Economic Times » Financial Crisis
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10h ago
The GSDR report sheds light on ongoing discussions with Credit Rating Agencies (CRAs) regarding their approach to various debt restructuring options. It underscores the need to find ways to better integrate CRAs into the debt relief process paving the way for sustainable solutions for LMICs ..read more
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Most Indian cities reeling from labour crisis in election season
The Economic Times » Financial Crisis
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10h ago
The second-longest Lok Sabha elections in the history of the nation spanning 44 days have thrown up a slew of handsome and instant earning opportunities for migrant workers back home, from attending election rallies and door-to-door pamphlet distribution to tenting, vehicle business, catering and food supply ..read more
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FPIs aggressively selling India stocks, offloaded over Rs 28,000 crore with 10 days to go in May
The Economic Times » Financial Crisis
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10h ago
The selling spree in Indian stock markets by foreign portfolio investors (FPIs) turned aggressive in May, partly attributable to a strong US dollar, sticky inflation particularly in the food segment, and poll outcome-related anxieties ..read more
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EU announces $1 bn in aid for Lebanon to shore up economy, border security
The Economic Times » Financial Crisis
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1w ago
EU chief Ursula von der Leyen announced $1 billion in aid for Lebanon during a visit, aiming to boost the country's socio-economic stability amid a severe economic crisis. The aid will support basic services like education and health. Von der Leyen also urged Lebanon to tackle illegal migration, emphasizing the EU's commitment to legal pathways to Europe while seeking Lebanon's cooperation in preventing illegal migration and combating smuggling. Lebanon hosts around two million Syrian refugees, facing challenges exacerbated by its economic collapse and political turmoil ..read more
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‘Taarak Mehta’ star Gurucharan Singh’s last Insta post was a selfie with dad: What the actor’s father said about his missing son?
The Economic Times » Financial Crisis
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1w ago
As per a report by News 18, the actor misplaced his phone in the Palam area and was spotted on CCTV footage traveling in an e-rickshaw. Having been absent since April 22, he withdrew Rs 7,000 from an ATM. It's been over two weeks since he was last seen. He was en route from Delhi to Mumbai ..read more
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"Bengaluru, a tech-city has turned into tanker city": PM Modi attacks Congress government
The Economic Times » Financial Crisis
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1w ago
Stating that the people of Karnataka are regretting now having brought the Congress party to power in the state, Prime Minister Narendra Modi in an interview with News18, said that the party has turned a "tech-city" into a "tanker city", in what was a jibe at the water crisis faced by the city ..read more
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Careful with long-term financial cycles
The Economic Times » Financial Crisis
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1w ago
A long-term financial cycle has coincided with, and bolstered, the current investment cycle. That's good and bad news for India's growing economy. The outcome is a higher investment-to-GDP ratio. But there is need for caution. If the financial cycle runs ahead of the business cycle unchecked, eventual stresses could be severe, worsening the inevitable downturn ..read more
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No jobs, no future: In Canada, drugs are Indian students’ last resort
The Economic Times » Financial Crisis
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1w ago
The grim reality of hefty education loans and joblessness in the land they once hoped would offer prosperity has ensnared numerous Indian students in Canada in a vicious cycle of cocaine, marijuana and liquor as a coping mechanism for unemployment-induced stress ..read more
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