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2025-04-16 05:46:26| The Economic Times

The shift, driven by reduced domestic gas availability and changing supply dynamics, is likely to impact profitability for these companies, as they will now depend more on higher-cost gas for their PNG (domestic) and CNG (transport) segments. Each firm has filed separate disclosures with the stock exchange outlining the extent of the impact.

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2025-04-16 05:30:00| The Economic Times

Amidst global market volatility, BlackRock's Ben Powell highlights India's fixed-income market as promising due to easing inflation and the RBI's accommodative stance. He suggests Indian government bonds offer attractive yields compared to global counterparts. Powell also emphasizes gold's importance as a portfolio diversifier amidst geopolitical tensions and trade policy uncertainty.

Category: News and Media

2025-04-16 05:09:23| The Economic Times

New Zealand's Finance Minister Nicola Willis announced a significant cut to the central bank's operating budget, reducing it by roughly 25% to NZ$150 million annually for the next five years. This decision comes as the government aims to improve cost efficiency and return to a surplus, despite the Reserve Bank's increased responsibilities and staff growth in recent years.

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