States urge Union Finance Ministry to ease their borrowing limits

Several states, including Kerala and Maharashtra, are urging the Union finance ministry to ease borrowing limits. These limits now factor in power dues, unspent central funds, and off-budget borrowings, which states argue restrict their financial plans and legitimate borrowing space.

One Nation, One Workforce: Govt plans integrated system to ensure social-security portability for all workers

The Ministry of Labour and Employment is developing a unified workforce architecture to link databases across ministries and states. This initiative aims to enhance policy coherence, ensure worker benefit portability, and measure employment outcomes. The plan includes AI-driven analytics for predictive policy planning and skill forecasting, with a goal of universal social security for all […]

Corporate debt surge: Commercial paper issuances hit highest since April

Indian companies raised Rs 1.7 lakh crore via commercial papers in September, the highest since April, marking a 44% monthly jump despite higher yields. RBI data highlights a structural funding shift toward non-bank sources, with corporates increasingly tapping debt markets for working capital.

Gold-stocks jugalbandi: Ruchir Sharma explains why both are booming in a world flooded with liquidity

Gold and stocks are simultaneously rallying, a rare phenomenon attributed to a global flood of liquidity from pandemic-era stimulus. This excess money is fueling momentum trades across asset classes, with individual investors increasingly participating. While gold has recently seen a pullback due to profit-taking and easing tensions, equities continue their upward trajectory, driven by strong […]

GST rate cut to lift apparel retailers’ revenue growth by 200 bps, says Poonam Upadhyay

New GST rate cuts will boost organized apparel retailers. Festive and wedding seasons are driving consumer spending. Easing food prices and softer inflation also improve sentiment. This should add 200 basis points to revenue growth. Larger brands will capture demand faster. Smaller retailers will also benefit, drawing consumers from the unorganized sector. Growth is expected […]