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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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Big boost for start-ups in India! Ecosystem set to improve; know what President Kovind said

Big boost for start-ups in India! Ecosystem set to improve; know what President Kovind said

Thu, Jun 20, 2019

President Ram Nath Kovind said on Thursday said that the government will take steps to further improve the start-up ecosystem in the country with an aim of having 50,000 such enterprises by 2024.

Logistics and warehousing sector in India: Check out teh big numbers and cities involved

Logistics and warehousing sector in India: Check out teh big numbers and cities involved

Thu, Jun 20, 2019

Logistics and warehousing segment of the economy plays a critical role, but it is definitely not one that gets much attention from the public. However, the segment is definitely grabbing the attention of those who are interested in investing.

Pradhan Mantri Awas Yojana: 2 cr houses to be built in villages in three years, says President

Pradhan Mantri Awas Yojana: 2 cr houses to be built in villages in three years, says President

Thu, Jun 20, 2019

President Ram Nath Kovind on Thursday revealed that nearly two crore houses will be built in the villages under the Pradhan Mantri Awas Yojana over the next three years while addressing the joint sitting of both Houses of Parliament.

Commerce Minister Piyush Goyal on e-commerce policy concerns: Highlights

Commerce Minister Piyush Goyal on e-commerce policy concerns: Highlights

Wed, Jun 19, 2019

Indian e-commerce players have voiced concern regarding the draft e-commerce policy and speaking up on the issue was Commerce Minister Piyush Goyal.

Good news for Maharashtra as state beats Tamil Nadu in LEED ratings list

Good news for Maharashtra as state beats Tamil Nadu in LEED ratings list

Wed, Jun 19, 2019

Maharashtra has topped the list of the 10 states for 'leadership in energy and environmental design' (LEED) ratings that was released by the US Green Building Council (USGBC) Monday.

Maharashtra Budget presented; In please-all budget, deficit at Rs 20,293 cr

Maharashtra Budget presented; In please-all budget, deficit at Rs 20,293 cr

Wed, Jun 19, 2019

Maharashtra Budget: The Chief Minister Devendra Fadnavis led BJP government presented the budget on Tuesday. The state budget had a revenue deficit of Rs 20,293 crore. Notably, last year's shortfall was Rs 14,960 crore.

5Paisa.com ventures in option trading, currency and commodity segments to come soon

5Paisa.com ventures in option trading, currency and commodity segments to come soon

Tue, Jun 18, 2019

It will allow the customers to effectively capitalize on market opportunities

Saudi crown prince says to finalise $533 million privatisation deals this year: Asharq al-Awsat

Saudi crown prince says to finalise $533 million privatisation deals this year: Asharq al-Awsat

Sun, Jun 16, 2019

Saudi Arabia`s crown prince said on Sunday that the government will finalise privatisation deals worth 2 billion riyals ($533 million) before the end of this year, according to an interview with the Saudi-owned Asharq al-Awsat newspaper.

India trade data: Exports up 3.93% in May

India trade data: Exports up 3.93% in May

Fri, Jun 14, 2019

Cumulatively, exports in April-May 2019-20 was up by 2.37 per cent to USD 56 billion.

US denies Tesla, Uber 25% tariff relief on components, e-bikes

US denies Tesla, Uber 25% tariff relief on components, e-bikes

Thu, Jun 13, 2019

The office of the U.S. Trade Representative (USTR) rejected requests to exempt the Model 3 car computer and center screen in May 29 letters, saying they both concern "a product strategically important or related to `Made in China 2025,` or other Chinese industrial programs."

Turkey, US to discuss S-400 deal at G20 summit: Tayyip Erdogan

Turkey, US to discuss S-400 deal at G20 summit: Tayyip Erdogan

Thu, Jun 13, 2019

Turkish President Recep Tayyip Erdogan has said that he would discuss Ankara`s purchase of the Russian S-400 missile defence system with his US counterpart Donald Trump at the upcoming G20 summit in Japan later this month.

Robust inflows in manufacturing, financial services help India get $42 bn FDI inflows in 2018: UN report

Robust inflows in manufacturing, financial services help India get $42 bn FDI inflows in 2018: UN report

Thu, Jun 13, 2019

The UN trade report said the prospects for FDI inflows into South Asia are largely determined by expectations of growing investment into India.

Oil falls over 2% on weaker demand growth, gain in US crude stocks

Oil falls over 2% on weaker demand growth, gain in US crude stocks

Wed, Jun 12, 2019

Trade tensions between the United States and China, the world`s two biggest oil consumers, also weighed on prices. U.S. President Donald Trump said he was holding up a trade deal with China.

Budget 2019 expectations: From reforms to ease of doing business, Ficci President Sandip Somany highlights key issues

Budget 2019 expectations: From reforms to ease of doing business, Ficci President Sandip Somany highlights key issues

Wed, Jun 12, 2019

After retaining power at the Centre, PM Narendra Modi led government is set to present Union Budget 2019 on July 5 and preparations for the same have begun with Finance Minister Nirmala Sitharaman recently holding a meeting with stakeholders.

Union Budget 2019-20 likely to spell out roadmap for banking sector reforms, consolidation

Union Budget 2019-20 likely to spell out roadmap for banking sector reforms, consolidation

Sun, Jun 09, 2019

So, fit candidates for acquisition of small lenders would be Punjab National Bank, Canara Bank, Bank of India and Union Bank of India with some capital support, the sources added.

RBI circular a welcome step; provides more freedom to bankers: IBA

RBI circular a welcome step; provides more freedom to bankers: IBA

Sat, Jun 08, 2019

"Only thing is that now banks have more delegation (power) and there will be board level resolution policy and the discretion on whether you would like to take it (the case) to insolvency and bankruptcy proceedings or like to settle it outside that... (now) that decision is with the banks," he said.

RBI will not hesitate to take any measure required to maintain financial stability: Shaktikanta Das

RBI will not hesitate to take any measure required to maintain financial stability: Shaktikanta Das

Thu, Jun 06, 2019

While addressing a press conference in Mumbai, RBI Governor Shaktikanta Das informed that RBI will not hesitate to take any measure which is required to maintain the financial stability of the system including, shot-term, medium-term and long term. He added, “We have already announced the formation of a separate cadre for regulation and supervision of banks and financial institutions and this is a major decision that has been taken to strengthen our regulations”.

Banking on infra development to scale up India biz: Michelin

Banking on infra development to scale up India biz: Michelin

Thu, Jun 06, 2019

French tyre major Michelin is pinning hopes on infrastructure development in India to further scale up its business in the country, according to a top company official.

Incoming Finland prime minister announces spending boost, tax hikes

Incoming Finland prime minister announces spending boost, tax hikes

Mon, Jun 03, 2019

The man set to become Finland`s first left-leaning prime minister in 20 years announced plans on Monday for a big public spending increase on welfare and infrastructure, paid for by tax hikes, sales of state assets and a boost in employment.

RBI MPC starts discussions on monetary policy review

RBI MPC starts discussions on monetary policy review

Mon, Jun 03, 2019

"The Monetary Policy Committee (MPC) will meet during June 3, 4 and 6, 2019 for the second bi-monthly Monetary Policy Statement for 2019-20. The resolution of the MPC will be placed on the website at 11.45 AM on June 6, 2019," the RBI said Monday.

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