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Regulating crypto assets is certainly high on the agenda for India, says IMF official

Regulating crypto assets along with digital currency, addressing the remaining regulatory concerns in the banking sector and integrating with the global economy are among the few mid-term structural issues for India, a top official from the International Monetary Fund has said. Overall, the IMF is looking at India in “a very positive fashion,” Tobias Adrian, …

FM Sitharaman leaves for US to attend World Bank, IMF meetings

Finance Minister Nirmala Sitharaman will be leaving for the US later on Sunday to attend the spring meetings of the World Bank and the IMF as well as G20 finance ministers and central bank governors (FMCBG). During the official visit to the US, Sitharaman will take part in bilateral meetings with several countries, including Indonesia, …

Global economic fallout of war in Ukraine is expected to negatively impact Indian economy: IMF

The immediate impact of the conflict on China is likely to be relatively small, the IMF said on Thursday. The global economic fallout of the war in Ukraine is expected to negatively impact India’s economy, while the immediate impact of the conflict on China is likely to be relatively small, the IMF said on Thursday. …

Stocks in focus: HUL, Axis Bank, Kotak Mahindra Bank, PNB Housing, L&T, UCO Bank, Indiabulls Real Estate

Upcoming Union Budget 2021, corporate earnings, oil prices, rupee movement and other global cues will sway the market sentiment today. Image: Reuters Domestic equity market benchmarks BSE Sensex and Nifty 50 were staring at a gap-up start on Wednesday, as suggested by the trends on SGX Nifty in early trade. Nifty futures were trading 80.50 …

ESG, elections, fiscal support: 6 macro factors to watch as India plans to vaccinate 30 crore people

In 2021, the sheer scale and efficacy of inoculating 7 billion people with billions of doses of vaccine will be truly unprecedented. By Sachchidanand Shukla If the year 2020 was truly a head-spinning year, a year like no other, 2021 will be an exhilarating albeit bumpy one. In 2021, the sheer scale and efficacy of …