IANS

Volatile oil prices pose a downside risk to the economy as costlier imports trigger an increase in domestic inflation and weaken the rupee as more US dollars are required to make import payments.

The outlook for 2024 remains "highly uncertain and generally pessimistic", UNCTAD says in the Global Trade Update released on December 11, citing factors like ongoing geopolitical tensions, escalating debt, and widespread economic fragility.

Speaking to IANS, Hajra also anticipates a moderate acceleration of deposit growth and a deceleration of credit growth in 2024 relative to 2023, which will result in a system-wide reduction in the credit deposit ratio. The sector will also experience a moderate decline in the net interest margin next year.

He said the coming year will see 78 elections across the world, over half of which will choose a new president which will likely bring changes in the monetary policies of major economies, keeping inflation down.

Markets contrary to expectation gained on three of the four sessions and had a small dip on the very last day of the year. Nothing to be read into but purely coincidental.

Cheers to a delightful start to the year! We bring to you some lip-smacking recipes by Chef Aji Joseph, Head - Culinary Development, FreshToHome.

The winter solstice marks the advent of the holiday season, a time of crackling bonfires, twinkling lights, and the delicious aroma of Christmas treats wafting through the air.

Bollywood's sophisticated set, frequently establish the standard for glitzy fashion trends, and this carefully crafted guide, draws influence from actresses, to help you ring in the New Year with style.

This week, the cosmic spotlight shines brightly on your career and public life. Embrace opportunities to showcase your skills and take on leadership roles. Strive for recognition, but stay true to your authentic self.

Not even all of Donald Trump's political foes are on board with efforts to kick the former President off the ballot because of his involvement with the January 6 insurrection, media reports said.