The India Pulses and Grains Association (IPGA) has predicted a strong possibility of shortage in pulses production, especially due to uncertainty over sowing this crop year due to the pandemic. India is most likely to face scarcity of pulses this year including masoor, chana and other pulses. There could be a shortage of around 10 lakh tonne in the production of tur this year, he said.

The index has to cross and hold above 14,750 to witness an up move towards 14,900 and 15,000, while on the downside, support exists at 14,600 and 14,500 levels, say experts.

NEW DELHI - Amazon.com Inc has asked India's market regulator to investigate Future Retail Ltd for insider trading, a letter seen by Reuters showed. The Nov. 8 letter to Sebi alleges Future Retail disclosed to Reliance price sensitive details of an injunction granted by a Singapore arbitrator to block the deal.

JACKSON HOLE - The Federal Reserve on Thursday rolled out a sweeping rewrite of its approach to its dual role of achieving maximum employment and stable prices, putting new weight on bolstering the U.S. labor market and less on worries about too-high inflation. It promises to aim for 2% inflation on average, so that periods of too-low inflation would likely be followed by an effort to lift inflation “moderately above 2% for some time.”

The change suggests the U.S. central bank’s key overnight interest rate, already near zero, will stay there for potentially years to come as policymakers woo higher inflation.

It is important to be debt-free. Having to pay EMIs when your income stops is like retiring with a millstone around your neck.

Heightened optimism among investors without backing of strong economic data is worrying experts, who say the current stocks rally may not sustain.

The company expects a pent up demand for in the short-term, for non-essential categories such as small kitchen and home appliances.

West Bengal State Beverages Corp, the authorised agency to carry out online retail of liquor trade in the state, said Amazon was among the companies found to be eligible for registration with authorities. China's Alibaba-backed Indian grocery venture BigBasket has also won approval to deliver alcohol in the state, the notice said.

Over the long term (10 years) the correlation between USD-INR and EUR-USD was as high as 81%; over a shorter horizon, the correlation is much lower (20-25%).Thus,while the $500 bn number is certainly something to celebrate,we need to understand that $8.4 bn did not flow into India that week.

NEW DELHI - India’s antitrust watchdog is reviewing Facebook Inc.’s purchase of a 10% stake in Reliance Industries Ltd.’s digital assets, a deal that would give the U.S. giant another foothold in one of the world’s fastest growing internet markets.