Ritu

Analysis-Modi’s Popularity Key to Selling cut in Food Aid Ahead of Indian Elections 0
- India
- December 29, 2022
Indian Prime Minister Narendra Modi’s move to effectively halve food rations to the poor ahead of state polls next year and a general election in 2024 is fiscally sound, but politically much depends on whether the charismatic leader can sell it to voters. Subsidised food and other items are key to winning elections in India,
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Japan to Make Raising Wages a Top Priority, Says Senior Govt official 0
- Market
- December 28, 2022
Japan’s government will make raising wages a top priority in its economic policy next year, Deputy Chief Cabinet Secretary Seiji Kihara said on Wednesday. “The biggest challenge for Japan’s economy is a lack of wage growth. Unless wages rise, consumption won’t pick up and companies won’t increase investment,” Kihara said, speaking during a television programme.
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Toyota’s Nov Global Vehicle Production Rises 1.5% to Record 833,104 0
- Market
- December 26, 2022
Toyota Motor (NYSE:TM) Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 833,104. domestic production slid 3.3% to 266,174 vehicles, while overseas output rose 3.8% to an all-time high of 566,930 for the month. Global sales and production in November exceeded last year’s levels due to solid
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Dollar Retreats After Overnight Gains, Ahead of Economic Data Dump 0
- Market
- December 23, 2022
The U.S. dollar slipped lower in early European trade Friday, handing back some of the previous session’s gains as traders attempt to gauge the Federal Reserve’s likely tightening path in the new year. At 02:55 ET (07:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, fell 0.2% to
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