BIZARRE: 5 - What They Never Told You

Trump threatens to shoot down signs of economic rebound

Oil prices are rising again as conflict between the US and Iran reignites, threatening a recent recovery in household confidence and spending.

AAP · Jul 14

'No resources': One Nation defends uncosted policies

Pauline Hanson's rising right-wing party has blamed deficient parliamentary resources for the lack of detail about how much its plans will cost.

AAP · Jul 12

RBI launches 3 key surveys to get input for monetary policy

The Reserve Bank of India launched three important surveys on Thursday. These surveys will gauge inflation expectations and consumer confidence among households. Data from these surveys will provide critical inputs for monetary policy formulation. The Inflation Expectations Survey of Households will cover nineteen cities. The Rural and Urban Consumer Confidence…

The Economic Times · Jul 9

Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI report

India's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil prices, strong domestic fundamentals offer resilience. However, funding challenges are emerging as savers seek higher returns, and AI-driven cyberattacks pose a significant near-term threat to banks. The RBI remains vigilant…

The Economic Times · Jun 30

PM Modi appeal impact: Gold import growth down substantially in May

Gold imports saw a significant slowdown in May, a welcome development following Prime Minister Modi's calls to curb consumption. This deceleration, with imports at approximately USD 12 billion, marks a third consecutive monthly decline. The Reserve Bank highlighted that while gold prices rose, increased imports had previously widened the trade…

The Economic Times · Jun 30

Indian economy remains exposed to energy price shocks: RBI report

India's economy faces potential exchange rate volatility due to rising oil prices and supply chain issues, an RBI report revealed. Despite strong fundamentals, the nation remains vulnerable to energy price shocks and geopolitical tensions. While recent policy measures have eased pressure on the rupee and bond yields, attracting capital remains…

The Economic Times · Jun 30

US-Iran thaw to provide tailwinds for growth: RBI

India's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy shows resilience, elevated commodity prices and a weaker global outlook pose risks. The central bank also flagged potential pressure on the fiscal deficit due to higher energy costs…

The Economic Times · Jun 30

Aussie shares fall as gold drops to eight-month low

The main stock exchange index slipped 0.5 per cent, after gold stocks dropped sharply as the price of the metal fell to its lowest level since November.

AAP · Jun 30

Weak housing market could imperil Australia's economy

The Reserve Bank says it will not hesitate to raise interest rates again if necessary, according to minutes from its latest board meeting.

AAP · Jun 30

Home price data another window into tax change fallout

Property market data will soon be released after the Reserve Bank unveils a readout from its latest interest rate-setting board meeting.

AAP · Jun 28