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The move comes days after the government imposed stock limits on Tur and Urad to prevent their hoarding owing to poor availability of these commodities

Union Cabinet approves up to 10% hike in MSP of several commodities

PGurus Newsdesk - June 7, 2023 0

Cabinet okays hike in MSP of kharif crops for 2023-24 On Wednesday the Union Cabinet approved one of the highest rises in minimum support price...

Quite unlike in 2008 when the US Fed denied the existence of the housing bubble, Powell has been more realistic this time around

Powell’s “Subprime is Contained” Moment

Shanmuganathan Nagasundaram - May 31, 2023 0

Bernanke got the subprime crisis wrong? “Subprime is Contained” – Fed Reserve Chair Ben Bernanke, March 2007. Bernanke, the then Chair of the Federal Reserve had...

In its latest Financial Stability Report (FSB), the central bank said that crypto assets are highly volatile

India mulls prohibiting unbacked crypto assets in its G20 presidency

PGurus Newsdesk - December 30, 2022 0

RBI suggests a common approach to crypto assets to avoid financial risks Under India's G20 presidency, one of the priorities is to develop a framework...

The jewellery demand for the period under review was at 146.2 ton up from 125.1 ton the previous year

Gold demand surges in India for Q3, 2022: World Gold Council

PGurus Newsdesk - November 1, 2022 0

India's gold demand skyrockets by 14% On Tuesday the World Gold Council (WGC) said that the demand for gold went up by 14 percent to...

The UN trade and development body UNCTAD says that in 2021, developing countries accounted for 15 of the top 20 economies when it comes to the share of the population that owns cryptocurrencies

In India, 7.3% of the population owned digital currency in 2021, the Seventh highest...

Team PGurus - August 11, 2022 0

Global use of cryptocurrencies has increased exponentially during Covid pandemic, says a report Even after the repeated warning from the Reserve Bank of India (RBI)...

The ratings agency noted that increasing oil prices add to the fiscal burden for the country, but it is a positive for upstream oil companies

Oil price hike positive for upstream sector; losses to prolong for OMCs: ICRA

PGurus Newsdesk - March 24, 2022 0

Natural gas business of PSU upstream companies to turn profitable: ICRA According to the rating agency ICRA, the natural gas business of PSU upstream companies...

Bitcoin and Ether created a new all-time high of $68,641.57 and $4,857.25

Global crypto market at an all time high; hits $3 trillion mark

PGurus Newsdesk - November 9, 2021 0

Crypto market cap for 1st time touches new all-time high The Crypto market made history by touching a new all-time high. The jump in cryptocurrencies...

Diwali gift by Central Government to the people has reduced excise duty on petrol and diesel

On the eve of Diwali, Centre slashes excise duty on Petrol, Diesel

PGurus Newsdesk - November 3, 2021 0

Petrol price cut by Rs.5, diesel by Rs.10 as Center slashes excise duty Just one day before the Diwali the Centre sweetened the Diwali celebrations...