News Karnataka
Thursday, January 26 2023


Crisis, slowdown: TN textile ind seeks incentives in Union budget

24-Jan-2023 Economy

The textile industry of Tamil Nadu has sought export incentives and additional support in the budget for 2023-24 of the Union...

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Third of global economy will be in recession this year: IMF

02-Jan-2023 Economy

Kristalina Georgieva has warned that a third of the global economy will be in recession this year and 2023 will be "tougher" than...

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Govt slashes windfall tax on locally produced oil, diesel exports

02-Dec-2022 Economy

Windfall tax on locally produced oil is down to Rs 4,900 per tonne. In addition to this, it also cut export tax on diesel to...

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Rupee weak due to stronger dollar, economy can’t be blamed: Goyal

25-Nov-2022 Economy

Comm. and Ind. Minister Piyush Goyal spoke at the Times summit in New Delhi. Job losses in IT and Tech are not a cause of...

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US in a recession? Consumers to pull back on spending

23-Nov-2022 Economy

The National Retail Federation predicts a jump of 6% to 8% over the US$890 billion consumers spent in November and December of 2021....

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“Economy doing well, can reach $5 trillion target by 2025-26”

22-Nov-2022 Economy

India would be able to achieve the target of becoming a $5 trillion dollar economy by 2025-2026, top officials told a Parliamentary panel....

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Bezos warns of recession, people to avoid expensive purchases

21-Nov-2022 Economy

Jeff Bezos warned consumers and businesses to postpone large purchases during the holiday season in anticipation of an economic...

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Bank of England warns of longest recession in 100 yrs

04-Nov-2022 Economy

The Bank of England has pushed up borrowing costs by 0.75 per cent to 3 per cent. It is the latest in a series of...

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Rupee has behaved in an orderly manner, says RBI Governor

02-Nov-2022 Economy

RBI Guv S Das said that the rupee's trajectory shouldn't be seen emotionally. Capital flows will resume as the Feds will not tighten...

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Three ways companies change their products to hide inflation

31-Oct-2022 Economy

But even with a slowdown to 9.9 per cent,, UK inflation still remains close to the highest its been for a...

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Dollar strengthening, says Finance Minister, not Rupee sliding

17-Oct-2022 Economy

Finance Minister Nirmala Sitharaman said that the phenomenon is of the dollar strengthening. The rupee has withstood the rise of the...

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