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    1. Business News
    2. Authors
    3. aakriti.bhalla

    Aakriti Bhalla

    Fitch, GDP growth, India
    After Moody’s, Fitch cuts India’s growth outlook by nearly 2%; flags high inflation, rising fuel prices

    Fitch Ratings has cut India’s GDP forecast by 1.8% to 8.5% for 2023. The rating agency has however upped its…

    By Aakriti Bhalla
    Updated: March 22, 2022 10:51 IST
    Russia Ukraine crisis, Russia sanctions, Raghuram Rajan
    Sanctions on Russia akin to ‘economic weapons of mass destruction’, says Raghuram Rajan

    “When fully unleashed, sanctions, too, are weapons of mass destruction. They may not topple buildings or collapse bridges, but they…

    By Aakriti Bhalla
    March 21, 2022 15:17 IST
    More women may join workforce if minimum age of marriage increases to 21 years: SBI report

    According to the World Bank, India ranks amongst the poorest performers in terms of women participation in the labour force,…

    By Aakriti Bhalla
    March 21, 2022 13:37 IST
    Titan Company, Rakesh Jhunjhunwala, BSE Sensex
    Rakesh Jhunjhunwala’s wealth soars by Rs 450 crore as Titan stock hits record high; stock among top gainers

    Rakesh Jhunjhunwala’s portfolio stock Titan Company hit record 52-week high on Thursday, and rose over 5% on both the benchmark…

    By Aakriti Bhalla
    March 17, 2022 15:32 IST
    India GDP, Indian economy, India growth
    Moody’s cuts India’s GDP forecast to 9.1%; high oil prices amid Ukraine fallout to hurt govt’s budget

    “High fuel and potentially fertilizer costs would weigh on government finances down the road, potentially limiting planned capital spending,” Moody’s…

    By Aakriti Bhalla
    March 17, 2022 12:10 IST
    Edible oil, sunflower oil prices, Ukraine crisis
    Edible oil prices may rise more, hit new highs after jumping 25-40% as Ukraine war chokes supplies

    16 March, 2022: “The prices (of edible oils) have gone up from Rs 125 to around Rs 170-180 within only…

    By Aakriti Bhalla
    Updated: March 17, 2022 10:53 IST
    95 companies approved for pli scheme
    PLI for auto attracts Rs 75,000 cr, 75% more than government’s target; Maruti Suzuki, Tata, Hero approved

    Production-linked incentive (PLI) scheme for automobile and auto components has attracted total investments of Rs 74,850 crore, more than government’s…

    By Aakriti Bhalla
    Updated: March 15, 2022 17:49 IST
    US Federal Reserve, FOMC meeting, Fed meeting
    US Fed may hike interest rates by 25 bps at FOMC meeting in a first since 2018 amid inflation, Ukraine fears

    It is imperative for US Fed to raise rates and steadily tighten monetary conditions considering the fact that inflation is…

    By Aakriti Bhalla
    Updated: March 15, 2022 15:22 IST
    Paytm stock falls 12% as RBI bars Paytm Payments Bank from taking new customers; brokerage cuts target price

    Following RBI action, brokerage ICICI Securities cut the company’s target price to Rs 1,285 a unit from the previous target…

    By Aakriti Bhalla
    March 14, 2022 10:12 IST
    payment bank, RBI, RBI payment, online payment, IT audit, SFB license, penalty, banking
    RBI bars Paytm Payments Bank from signing new customers; asks company to conduct IT audits

    March 11, 2022: Reserve Bank of India has directed Paytm Payments Bank Ltd to stop onboarding new customers, effective immediately.

    By Aakriti Bhalla
    March 11, 2022 17:42 IST
    LIC, LIC IPO, LIC Q3
    LIC Q3 net profit jumps to Rs 234.91 crore from less than Rs 1 crore a year ago, it says ahead of IPO

    Life Insurance Corporation of India, the IPO-bound life insurer, said its fiscal third quarter profit after tax jumped to Rs…

    By Aakriti Bhalla
    Updated: March 11, 2022 13:35 IST
    Sunflower oil prices soar, set to rise more as Russia-Ukraine war hits supplies; shortage likely coming month

    On one hand, domestic sunflower oil makers are running out of sunflower oil stock, on the other hand, shipments of…

    By Aakriti Bhalla
    March 10, 2022 17:29 IST
    Russia commodity crisis as bad as 2008 subprime fallout, could break US dollar dominance: Credit Suisse

    “This crisis is not like anything if you believe that the West can craft sanctions that maximize pain for Russia…

    By Aakriti Bhalla
    March 10, 2022 13:27 IST
    Aviation shares surge as India set to resume international flights after 2 years gap; IndiGo shares jump 8%

    SpiceJet stock jumped about 6.5% to an intraday high of Rs 60.75 per share, while IndiGo shares rose 8% to…

    By Aakriti Bhalla
    March 9, 2022 13:07 IST
    UPI for non-smartphones: RBI launches UPI 123Pay for instant digital payments using feature phones

    RBI Deputy Governor T Rabi Sankar said he is certain UPI for feature phones will be a gamechanger and put…

    By Aakriti Bhalla
    Updated: March 8, 2022 14:16 IST
    nirmala sitharaman
    People see future in crypto, govt sees source of tax revenue: FM Sitharaman

    Finance Minister Nirmala Sitharaman said Tuesday she sees possibility of revenue generation for the government through crypto assets, days after…

    By Aakriti Bhalla
    Updated: March 8, 2022 12:57 IST
    How much will high crude oil prices cost India economy; this much hit likely on GDP growth, inflation, revenue

    The escalating crisis between Ukraine and Russia could lead to potential disruptions in global energy trade and price disruptions, and…

    By Aakriti Bhalla
    March 7, 2022 17:38 IST
    Central banks in a bind, be aggressive or cautious; RBI’s Shaktikanta Das says policy must manage expectations

    RBI governor Shaktikanta Das said too much of communication can confuse the market, too little may keep it guessing about…

    By Aakriti Bhalla
    Updated: March 4, 2022 17:35 IST
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