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Economy

World Economic Forum: India's International Confidence Hits High, Says RBI Governor

World Economic Forum: India's International Confidence Hits High, Says RBI Governor

Thu, Jan 18, 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das, speaking at the World Economic Forum 2024, highlighted a surge in international confidence towards India. He cited the National Statistics Office (NSO) revising India's FY23 growth projection to 7.3%, surpassing the RBI's own 7% estimate, as evidence of this positive sentiment. Additionally, Das expressed optimism for FY24, stating he "senses" India's GDP growth will reach 7%.

IPO Boom: A Sneak Peek into the Next 2 Months of Market Buzz! ₹12,000 Cr Worth of IPOs Opening Soon!

IPO Boom: A Sneak Peek into the Next 2 Months of Market Buzz! ₹12,000 Cr Worth of IPOs Opening Soon!

Mon, Dec 11, 2023

IPO market continues to be bright: IPOs are out in the next 2 months, IPOs worth up to ₹ 12,000 Cr will open, more than 1 dozen IPOs till the budget, keep an eye on which upcoming IPOs - know from @Nupurkunia...

India 360: India's economic growth rate increased by 7.6% in the second quarter. Zee Business

India 360: India's economic growth rate increased by 7.6% in the second quarter. Zee Business

Sat, Dec 02, 2023

India GDP: भारत की आर्थिक विकास दर दूसरी तिमाही में 7.6% बढ़ी है, ऐसा इसलिए क्योंकि फेस्टिव सीजन के दौरान भारत में जबरदस्त कारोबार हुआ था.

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Here is where Coronavirus is set to hit the economy hard!

Here is where Coronavirus is set to hit the economy hard!

Tue, Mar 17, 2020

"Companies' ability to withstand the effects of the virus will depend on its duration, and we caution that as events unfold very rapidly on a daily basis, our assessment of exposure will change over time," another Vice President - Senior Credit Officer - at Moody's Richard Morawetz said.

Coronavirus impact: Schools, cinema halls shut, events postponed - What state governments are doing

Coronavirus impact: Schools, cinema halls shut, events postponed - What state governments are doing

Fri, Mar 13, 2020

Coronavirus impact: State governments went into action mode on Friday as coronavirus cases increased in India and the first death was reported because of the outbreak on Thursday night. The stocks markets also went into a tizzy early morning before recovering later in the day.

CEA Subramanian on why stock markets crashed today

CEA Subramanian on why stock markets crashed today

Fri, Mar 13, 2020

After domestic markets witnessed a steep decline, followed by a surprising recovery, the chief economic advisor (CEA) Krishnamurthy Subramanian explained why they had crashed.

Coronavirus an opportunity for India to replace China in the global supply chain: Report

Coronavirus an opportunity for India to replace China in the global supply chain: Report

Fri, Mar 13, 2020

The Coronavirus outbreak has sent the global markets into a frenzy with a sharp decline on Friday. The Indian markets, however, recovered from the initial decline to enter the green zone.

Coronavirus: Here are SBI's suggestions to contain COVID-19 impact on Indian economy

Coronavirus: Here are SBI's suggestions to contain COVID-19 impact on Indian economy

Wed, Mar 11, 2020

SBI believes that the combination of a larger rate cut and/or indirect tax rate cut could be the policy options with financial markets in an unprecedented global meltdown.

Coronavirus: Anil Singhvi's top 5 tips for government to revive economy

Coronavirus: Anil Singhvi's top 5 tips for government to revive economy

Wed, Mar 11, 2020

Among the measures, Zee Business Managing Editor Anil Singhvi recommends a policy rate cut and lowering of personal income tax to revive consumption

Indian Railway Finance Corporation (IRFC) IPO: Big development! Check latest news here

Indian Railway Finance Corporation (IRFC) IPO: Big development! Check latest news here

Tue, Mar 03, 2020

In a major development, Indian Railway Finance Corporation (IRFC) has got markets regulator Sebi's approval for its initial public offer (IPO).

Delhi to Dehradun in just 2.5 hours! The new expressway to cut your travel time in big way

Delhi to Dehradun in just 2.5 hours! The new expressway to cut your travel time in big way

Thu, Feb 27, 2020

Soon, you will have more time to unwind and relax in beautiful Dehradun instead of wasting your vacation time stuck or crawling in traffic on highway or traveling in train coaches.

Big bilateral initiative! US-India Tax Forum to be launched on Feb 25

Big bilateral initiative! US-India Tax Forum to be launched on Feb 25

Sun, Feb 23, 2020

It's a big bilateral initiative intended to facilitate industry players and government agencies engage on global and local tax policies

India must push for pro-biz policies to reach $5T economy: Chief Economic Advisor Krishnamurthy Subramanian

India must push for pro-biz policies to reach $5T economy: Chief Economic Advisor Krishnamurthy Subramanian

Sun, Feb 23, 2020

India must fully implement pro-business policies that allow fair competition to push the country's economy towards the $5 trillion GDP mark, chief economic advisor Krishnamurthy Subramanian said on Saturday.

Coronavirus update: China's central bank vows more steps to support national economy

Coronavirus update: China's central bank vows more steps to support national economy

Sat, Feb 22, 2020

Coronavirus update: China's central bank will take further steps to support the virus-hit economy, including releasing more liquidity.

Modi Government's big relief for these farmers! Interest subvention raised up to 2.5 pct to NABARD

Modi Government's big relief for these farmers! Interest subvention raised up to 2.5 pct to NABARD

Fri, Feb 21, 2020

Modi government has decided to increase interest subvention from 'up to 2 per cent' to 'up to 2.5 per cent' per annum under DIDF.

US concessions to India because of Modi-Trump chemistry

US concessions to India because of Modi-Trump chemistry

Wed, Feb 19, 2020

President Donald Trump said that India`s treatment towards US has not been flattering but still he is willing to compromise because of his fondness for Prime Minister Narendra Modi.

Over Rs 1 lakh cr investment in oil, gas projects lined up in AP: Dharmendra Pradhan

Over Rs 1 lakh cr investment in oil, gas projects lined up in AP: Dharmendra Pradhan

Wed, Feb 12, 2020

Over Rs 1 lakh crore investment in oil,gas fields and new refinery modernisation project lined up in Andhra Pradesh.

Centre to release another Rs 35,000 cr compensation to states soon

Centre to release another Rs 35,000 cr compensation to states soon

Mon, Feb 10, 2020

The Centre will soon release another Rs 35,000 crore to states to compensate for the revenue loss on account of GST rollout, an official said. Under the Goods and Services Tax (GST) law, states are guaranteed compensation for revenue loss for 5 years if their revenue does not increase 14 per cent on the base year of 2015-16

12% tax revenue growth achievable in 2020-21 fiscal: Revenue Secy

12% tax revenue growth achievable in 2020-21 fiscal: Revenue Secy

Mon, Feb 10, 2020

A 12 per cent growth in tax collections next fiscal may look ambitious to some but for Revenue Secretary Ajay Bhushan Pandey it is achievable in an economy that is projected to clock a 10 per cent nominal GDP growth

Economic Activity in Rural area was Good in Q3: Umesh Revankar, Shriram Transport Finance

Economic Activity in Rural area was Good in Q3: Umesh Revankar, Shriram Transport Finance

Fri, Feb 07, 2020

Umesh Revankar, MD & CEO at Shriram Transport Finance: Demand was quite good in this quarter (Q3) and this growth was backed by delayed the agri-output due to excess rain and Diwali festive. Overall, the economic activity in the rural side was good and this led to an improvement on the recovery side

PM Narendra Modi says fundamentals of Indian economy strong

PM Narendra Modi says fundamentals of Indian economy strong

Thu, Feb 06, 2020

Also, tax compliance is being simplified to make it easier to do business in the country. On Goods and Services Tax (GST), which from July 2017 amalgamated 17 different central and state taxes, he said frequent changes were a reflection of federal structure of the country and showed the government was willing to improve the law.

Let's work together to make India $5 trillion economy: PM Narendra Modi

Let's work together to make India $5 trillion economy: PM Narendra Modi

Thu, Feb 06, 2020

Talking about the investment climate in the country, he said several measures have been taken to increase the trust of investors in the economy. The prime minister said that foreign direct investment during April-September 2019 increased to USD 26 billion from USD 22 billion in the same period previous year, adding that this reflects confidence of foreign investors in India.

RBI MPC: Reserve Bank estimates GDP to expand at 6 pct in FY21

RBI MPC: Reserve Bank estimates GDP to expand at 6 pct in FY21

Thu, Feb 06, 2020

The Reserve Bank of India on Thursday projected the economy to expand by 6 per cent during the next financial year, pegging it at the lower end of the GDP growth estimate of the Economic Survey. The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.

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