Thursday, September 19, 2024

Offline retail, malls have gone through a painful pandemic year. Will 2021 be any better?

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here are many excellent economics blogs out there. Whether you want to read commentaries on economic policy, find out what people are currently researching, or simply keep up-to-date with the latest economic happenings across the world, there are blogs for all tastes. Economics bloggers vary...

US President Biden unveils plan to invest $555 bn on green energy

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President Joe Biden announced a framework to invest $555 billion in funding on clean energy programs he thinks can win approval from Congress, with investments in renewable power, electric vehicles, and resilience. If Congressional Democrats go along, the plan, part of a $1.75-trillion tax and spending blueprint,...

After UPI, PhonePe dominates Bharat BillPay with a 49% volume share in August

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A first, the National Payments Corporation of India released company-wise data for the month of August 2021 on the Bharat Bill Payment System (BBPS) – the platform that offers interoperable bill payment services for customer The data shows that after maintaining its lead in monthly...

Zomato Delivers IPO Feeding Frenzy, 3 More Unicorns Line Up

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The market for initial public offerings (IPOs) in India is turning into a feeding frenzy. The amount of money raised in IPOs this year has reached $8.8 billion, already surpassing the totals of the past three years though it's only August. At the current pace,...

Non-power coal users claim supply shortage; government denies it

Non-power coal users claim supply shortage; government denies it
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India's aluminium smelters, textile mills, sponge iron and fertiliser-makers say they face a coal shortage as power generators take the bulk of supplies. India's top miner Coal India Ltd, which accounts for more than 80% of India's production of the fuel, and the federal coal...

European Stock Futures Higher; PMI Data in Spotlight

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European stock markets are expected to open higher Monday helped by some bargain hunting after last week’s sharp selloff, but confidence remains brittle with a raft of manufacturing surveys likely to point to a slowing global economic recovery in the face of the new...

Electric car makers ride on sops to woo cab operators

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The following article is an analysis of data taken from the INOMICS Salary Report 2020/21 - which is available to download in full here. Specifically, this article looks at the average salaries of economists around the world working in academia, the public sector and the...

Global banks raise forecast to 4% peak for key ECB rate

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Goldman Sachs (NYSE:GS), BNP Paribas (OTC:BNPQY), Uncredited (BIT:CRDI) and RBC Capital Markets had earlier expected the ECB’s terminal rate to peak at 3.75%, following a 25 basis points (bps) hike in July, they said in notes after the central bank meeting. The ECB raised...

Australian Dollar Up as Prices Rise More Than Expected

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The U.S. dollar retreated marginally in early morning trade in Asia while the Australian dollar gained some ground after prices rose more than expected. The U.S. Dollar Index that tracks the greenback against a basket of other currencies was down 0.03% to 93.92 by 9:40 PM ET (01:40 AM...