IMF defends India’s revised GDP calculation The International Monetary Fund (IMF) has welcomed India’s revised method of calculating gross domestic product (GDP), saying it is in line with good statistical practices and advice provided by the global lender.Krishna Srinivasan, director of the IMF’s Asia and Pacific Department, described the revision as a “welcome development”, noting…
MUMBAI: Its $50 billion investments in India place Blackstone among the top 10 business houses. The world’s largest alternative asset manager plans to double its investments in the next five years mainly in private equity and real estate, and expand into infrastructure, credit and growth investing. In an interview with TOI, Jonathan Gray, president and…
The growing flow of returnees could eventually leave India with a net gain in technology talent from the US. (Image for representative purpose only) Thousands of US-based Indian techies are returning to India to a job market that does not offer similar salary levels. But, the number of such returnees is increasing as visa uncertainties…
Kospi tumbles over 7% as tech stocks lose steam South Korea’s stock market hit a rough patch on Thursday, with the benchmark Kospi plunging 7.49% as technology stocks came under heavy selling pressure. The rout spread across Asian markets, prompting the country’s exchange operator to trigger a five-minute trading halt on programme sell orders after…
Stock market rally on October 15, 2026 Stock market rally today: Indian equity benchmarks, Nifty50 and BSE Sensex, rallied strongly in morning trade on Thursday on favourable global cues, falling oil prices, and sharp appreciation in rupee this week.Buying in IT, banking and consumer stocks lifted the stock market sentiment. At 10:36 AM, Nifty50 was…
Top stocks to buy today on October 15, 2026 Top stock market recommendations: Lemon Tree Hotels, Greenply Industries, and Fine Organic Industries – Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth has picked these as the top stocks to buy today on October 15, 2026. Technical views on Nifty and Bank…
Crude prices steady after touching three week high Oil prices fell by more than $1 in early trade on Thursday as investors weighed threats to shipping through the Strait of Hormuz against the possibility of the US easing sanctions on oil-carrying vessels.Brent crude dropped 1.30% to $104.70, shedding $1.38, while West Texas Intermediate (WTI) fell…
New Delhi: Factory gate inflation based on the wholesale price index (WPI) surged to a 30 month high of 11.4% in Sept from 9.9% in Aug, as rising fuel and manufactured goods prices pushed inflation into double digits, the official data released Wednesday showed. In comparison, WPI stood at -0.2% in Sept 2025.Data shows fuel…
NEW DELHI: The sale of govt stake in IDBI Bank will help increase its value, fully protect the interest of employees and directors nominated by the Centre and LIC will exit the board to give the new management a free hand, a top govt official told TOI on Wednesday.Hours after govt nod, Dipam secretary Arunish…
