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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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GST collections in May at Rs 1 lakh cr

GST collections in May at Rs 1 lakh cr

Sun, Jun 02, 2019

"The total gross GST revenue collected in the month of May, 2019 is Rs 1,00,289 crore of which CGST is Rs 17,811 crore, SGST is Rs 24,462 crore, IGST is Rs 49,891 crore and Cess is Rs 8,125 crore," Finance Ministry said in a statement.

RBI may cut repo rate by 25 bps: Analysts

RBI may cut repo rate by 25 bps: Analysts

Fri, May 31, 2019

This will be the first policy meet of the central bank after the Lok Sabha elections 2019. "Close on the heels of the GDP outcome, the RBI policy committee will decide on rates on June 6. We look for a 25 basis points cut in the repo rate to 5.75 per cent, taking cumulative cuts in 2019 to 75 basis points," the DBS Research report said.

India's GDP growth forecast at 7.1% for FY20: FICCI survey

India's GDP growth forecast at 7.1% for FY20: FICCI survey

Fri, May 31, 2019

The median growth forecast for agriculture and allied activities was pegged at 3 per cent for FY20, while industry and services sectors are expected to grow by 6.9 per cent and 8 per cent, respectively, during the year.

New Zealand releases first Wellbeing Budget with record NZ$1.9 billion mental health care package

New Zealand releases first Wellbeing Budget with record NZ$1.9 billion mental health care package

Thu, May 30, 2019

It is the country`s first annual budget focused on wellbeing and is also the first by a Western country to be designed to measure living standards alongside traditional economic indicators.

Union Budget 2019 to be presented in first week of July: Sources

Union Budget 2019 to be presented in first week of July: Sources

Thu, May 30, 2019

Union Budget 2019 is set to be presented in July, little over a month after the new government takes charge, sources confirmed to Zee Business TV. The newly elected government is set to take oath on Thursday evening at 7 pm with Narendra Modi returning as prime minister for another five years.

Hike farmer income support, raise peak tax threshold: Ficci

Hike farmer income support, raise peak tax threshold: Ficci

Tue, May 28, 2019

The recent slowdown in the economy stem not only from slow investment growth and subdued exports but also from weakening growth in consumption demand, industry body Ficci has told the Finance Ministry.

Finance Ministry starts groundwork for fresh bank consolidation

Finance Ministry starts groundwork for fresh bank consolidation

Mon, May 27, 2019

Government sources said that heads of all public sector banks (PSBs) have been asked to be ready with their consolidation plan so that it could be placed before the alternative mechanism (AM) of the new government as soon as it is formed.

Budget 2019 expectation: Fiscal deficit may see upward revision in Budget from 3.4% to beat slowdown

Budget 2019 expectation: Fiscal deficit may see upward revision in Budget from 3.4% to beat slowdown

Sun, May 26, 2019

The N.K. Singh panel to review the FRBM Act recommended that the government should target a fiscal deficit of 3 per cent of the GDP in years up to March 31, 2020 cut it to 2.8 per cent in 2020-21 and to 2.5 per cent by 2023.

Planning ETF investment? Finance Ministry to launch exchange-traded fund this fiscal - Check details

Planning ETF investment? Finance Ministry to launch exchange-traded fund this fiscal - Check details

Sun, May 26, 2019

The government currently has two exchange-traded funds -- CPSE ETF and Bharat-22 ETF -- listed on domestic exchanges. ETFs function like a mutual fund scheme and have underlying assets of government-owned companies.

Modi government should focus on economic growth, rural consumption: Taher Badshah, CIO, Invesco Mutual Fund

Modi government should focus on economic growth, rural consumption: Taher Badshah, CIO, Invesco Mutual Fund

Fri, May 24, 2019

It is now clear that NDA has retained power and prime minister Narendra Modi will take office for the second consecutive term. The new government has a long list of tasks in hand, starting with providing the much-needed boost to the Indian economy, believes Taher Badshah, CIO, Invesco Mutual Fund.

Seeking to avert higher tariffs, China dispatches top negotiator to U.S.

Wed, May 08, 2019

Chinese Vice Premier Liu He will travel to Washington for two days of trade talks this week, China said on Tuesday, setting up a last-ditch bid for a deal that would avoid a sharp increase in tariffs on Chinese goods ordered by U.S. President Donald Trump.

Japan April services PMI slips as new business growth slows

Wed, May 08, 2019

Activity in Japan`s services sector expanded at a slightly slower pace in April than the previous month as growth in new business slowed, a business survey showed on Wednesday.

Oil prices firm amid U.S. sanctions on crude exporters Iran, Venezuela

Oil prices firm amid U.S. sanctions on crude exporters Iran, Venezuela

Wed, May 08, 2019

Oil prices stabilised on Wednesday as markets remained relatively tight amid U.S. sanctions on crude exporters Iran and Venezuela.

China will keep calm in face of trade talk challenges - People's Daily

Wed, May 08, 2019

China will keep calm against threats of higher tariffs from the United States and has "complete confidence" in its ability to face challenges in trade talks, a commentary in China`s top newspaper said on Wednesday.

Japan April services PMI slips as new business growth slows

Wed, May 08, 2019

Activity in Japan`s services sector expanded at a slightly slower pace in April than the previous month as growth in new business slowed, a business survey showed on Wednesday.

Lyft sees 'peak losses' this year, says ride hailing has path to profit

Wed, May 08, 2019

Ride services company Lyft Inc forecast that its losses would peak this year as it controlled expenses and got more revenue from each customer, posting a $1.1 billion quarterly loss on Tuesday, days ahead of rival Uber`s IPO.

Japan's labour shortage eats away at back-breaking work culture

Japan's labour shortage eats away at back-breaking work culture

Wed, May 08, 2019

When she worked in sales for a Japanese bank, Chihiro Narazaki was passed over for the best assignments in favour of older colleagues. Her input was discouraged and she often stayed late just to do routine paperwork.

Lyft forecasts 2019 peak year for losses, sees path to profit with ride sharing

Wed, May 08, 2019

Lyft Inc on Tuesday forecast that 2019 would be the peak year for losses after the ride service company lost $1.1 billion in its first quarter, just days ahead of rival Uber`s IPO.

Global stock markets: US-China trade worries weigh on shares, yields, oil prices

Global stock markets: US-China trade worries weigh on shares, yields, oil prices

Wed, May 08, 2019

Concerns over relations between the United States and China slammed global equity markets, oil futures and U.S. Treasury yields on Tuesday as investors fretted about setbacks in trade talks between the world`s two biggest economies.

Lebanese central bank, public sector workers suspend strikes

Wed, May 08, 2019

Lebanese central bank workers suspended a strike on Tuesday but left open the possibility of resuming the walkout on Friday if the government presses ahead with draft budget proposals that would cut their pay.

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