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Indian economy

Nifty Hits Record High: Analyzing the Journey from 21000 to 22000 in 2024!

Nifty Hits Record High: Analyzing the Journey from 21000 to 22000 in 2024!

Mon, Jan 15, 2024

Nifty has crossed 22000 for the first time, How was the journey from 21000 to 22000? What are the targets of brokerages on NIFTY for 2024?

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.

New life high created by India's strong growth story, FIIs also increased confidence. Anil Singhvi

New life high created by India's strong growth story, FIIs also increased confidence. Anil Singhvi

Fri, Dec 01, 2023

New Life High created by India's strong growth story...Do not underestimate retail investors, FIIs also increased Confidence...When interest rates will come down, the rise will dazzle, remember, this rise will continue...21080 will come here only And it will come for sure...

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Last dates to file GSTR-2 and GSTR-3 extended

Last dates to file GSTR-2 and GSTR-3 extended

Mon, Oct 30, 2017

A Notification in this regard is being issued very shortly. This will facilitate about 30.81 lakh taxpayers for filing GSTR-2 for the month of July, 2017.

RBI likely to cut rates in Dec 6 policy review: Report

RBI likely to cut rates in Dec 6 policy review: Report

Mon, Oct 30, 2017

The Reserve Bank is likely to cut rates at its December 6 policy review meet as retail inflation remains muted and the October number is expected to be about 3.3 per cent, says a report.

Sensex pauses after record-setting run; Yes Bank drags

Sensex pauses after record-setting run; Yes Bank drags

Fri, Oct 27, 2017

Indian shares traded flat on Friday, after hitting record highs earlier in the session, as Yes Bank Ltd slumped on concerns over bad loans, while investors booked profits in recent gainers.

First Installment for recapitalisation of PSU banks will be released in December, sources say

First Installment for recapitalisation of PSU banks will be released in December, sources say

Thu, Oct 26, 2017

The Union Government will start infusing capital into public sector banks (PSBs) from December 2017, a source aware of the development has informed Zee Business. The recapitalisation bond will be cash neutral, the source further said.

Samvat 2074: Sensex, Nifty to give double-digit growth?

Samvat 2074: Sensex, Nifty to give double-digit growth?

Thu, Oct 19, 2017

Samvat 2073 was a great year for Indian markets adding over Rs 25 lakh crore to investor's portfolio. From the past-samvat, Sensex and Nifty has grown by 16% and 18% respectively.

Here's where GST, demonetisation took India's economy in one year of Diwali

Here's where GST, demonetisation took India's economy in one year of Diwali

Thu, Oct 19, 2017

Performance during Diwali festive season serves as a barometer of the health and strength of businesses and the Indian economy as a whole.

Gold prices steady amid firm dollar

Gold prices steady amid firm dollar

Thu, Oct 19, 2017

Gold prices were nearly unchanged early on Thursday as the dollar held firm on the back of strong U.S. Treasury yields.FUNDAMENTALS * Spot gold was steady at $1,281.24 an ounce at 0053 GMT. It hit an over one-week low of $1,276.73 in the previous session.=>

US supports India stand on OBOR, hits out at China's financing

US supports India stand on OBOR, hits out at China's financing

Wed, Oct 18, 2017

Ahead of his maiden visit to India, US Secretary of State Rex Tillerson today supported New Delhi's stand on One Belt One Road initiative, saying China's financing of infrastructure projects results in enormous level of debt and underscored the need for an alternative financing model.

Even though WPI eases, core inflation remains key problem

Even though WPI eases, core inflation remains key problem

Tue, Oct 17, 2017

WPI Inflation eased at 2.6% in September from 3.24% in August 2017. Uptrend in WPI is likely to continue on the back of higher commodity prices.

Certificate of Deposits fall below Rs 1 lakh crore for the first time in a decade

Certificate of Deposits fall below Rs 1 lakh crore for the first time in a decade

Mon, Oct 16, 2017

Performance in Certificate in deposits have decline by nearly 60% in September 2017. Such decline was on the back of weak credit growth from banks, surge in deposit base post demonetisation.

India's WPI inflation eases to 2.60% in September

India's WPI inflation eases to 2.60% in September

Mon, Oct 16, 2017

India`s annual wholesale price inflation eased to 2.60% in September from the provisional 3.24% in the previous month, dragged down by smaller increases in food prices, data showed on Monday. WPI stood at 1.36% during the corresponding month of the previous year (September 2016).

India should prioritise public banking sector reforms: IMF

India should prioritise public banking sector reforms: IMF

Fri, Oct 13, 2017

The country's growth is expected to accelerate in the medium-term as temporary disruptions due to demonetisation and the Goods and Services Tax (GST) fade, the International Monetary Fund said in its Asia and Pacific Regional Economic Outlook Update.

India's trade deficit narrows to $8.98 billion in September; exports rise by 26% yoy

India's trade deficit narrows to $8.98 billion in September; exports rise by 26% yoy

Fri, Oct 13, 2017

Trade deficit is considered as an economic measure of international trade - in which a country's imports exceeds its exports.

India GDP: IMF's forecast not surprising; problems way beyond demonetisation, GST

India GDP: IMF's forecast not surprising; problems way beyond demonetisation, GST

Thu, Oct 12, 2017

IMF and many economists have forecasted India's GDP growth to range between 6.5% to below 7% for fiscal year 2017-18 (FY18)

India Inc's capital expenditure revival still four years away?

India Inc's capital expenditure revival still four years away?

Wed, Oct 11, 2017

Capex by both private and public sector entities, primarily on maintenance will marginally increase in the near term- somewhat Rs 1 lakh crore between FY18 - 20.

India loses fastest growing economy rank; IMF slashes 2017 growth rate by 0.5 % to 6.7%

India loses fastest growing economy rank; IMF slashes 2017 growth rate by 0.5 % to 6.7%

Tue, Oct 10, 2017

But according to the report, it is only a temporary setback for India, and it projected India to regain the top spot next year with a 7.4% growth rate for the gross domestic product (GDP) even though that estimate was also down from the 7.7% made in July.

'Attempts to derail' GST have failed: Arun Jaitley

'Attempts to derail' GST have failed: Arun Jaitley

Tue, Oct 10, 2017

Jaitley said global integration of Indian economy is happening at a time when other economies are becoming more protectionist.

No extension for July GSTR-1, Govt clarifies

No extension for July GSTR-1, Govt clarifies

Mon, Oct 09, 2017

The Government of India, in a statement on Monday said, "The last date for filing GSTR-1 for the month of July, 2017 is 10th October, 2017. An extension of two months has already been given. There will be no further extension given to taxpayers for filing their GSTR-1 return for July."

11 factors that RBI will keep in mind before its October monetary policy

11 factors that RBI will keep in mind before its October monetary policy

Wed, Oct 04, 2017

India's fourth bi-montly monetary policy data for FY18 will be released by RBI October 04, 2017. At present, policy repo rate stands at 6%.

Fitch lowers India's 2017-18 growth forecast to 6.9%

Fitch lowers India's 2017-18 growth forecast to 6.9%

Tue, Oct 03, 2017

Fitch said that economic activity "may have been disrupted" in 2Q17 by firms running down inventory ahead of the implementation of the Goods and Services Tax (GST) in July.

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