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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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India's GDP growth to be around 7.5% in 2018: Nomura report

India's GDP growth to be around 7.5% in 2018: Nomura report

Mon, Dec 25, 2017

The Nomura report noted that a tightening of monetary policy is likely owing to inflationary pressures and higher oil prices.

Microsoft AI helping Indian farmers increase crop yields

Microsoft AI helping Indian farmers increase crop yields

Sun, Dec 17, 2017

New technologies such as Artificial Intelligence (AI), Cloud Machine Learning, Satellite Imagery and advanced analytics are empowering small-holder farmers in India to increase their income through higher crop yield and greater price control, Microsoft India said.

Need to continue momentum on building infrastructure: FM Jaitley

Need to continue momentum on building infrastructure: FM Jaitley

Thu, Dec 14, 2017

Explaining the rationale for massive capital infusion plan in public sector banks, Jaitley said that lending capacity of banks was constrained due to capital inadequacy.

India growth to normalise in next four to six quarters, says Standard Chartered

India growth to normalise in next four to six quarters, says Standard Chartered

Thu, Dec 14, 2017

The report said that economic growth has bottomed out after slowing to a 13-quarter low of 5.7% in April-June 2017, but predicted growth recovering further to 7% over the next few quarters (6.3% in July-September 2017), supported by several factors.

India's current account deficit more than doubles in Q2 FY18

India's current account deficit more than doubles in Q2 FY18

Wed, Dec 13, 2017

RBI said that India's CAD rose to $7.2 billion (1.2%) in the second quarter of 2017-18 as against $3.4 billion, or 0.6% of the GDP in thte same quarter of last year. The data further revealed that CAD narrowed sharply from $15 billion in the first quarter of the current fiscal year (2.5% of the GDP).

ADB lowers India's 2017 growth outlook to 6.7%

ADB lowers India's 2017 growth outlook to 6.7%

Wed, Dec 13, 2017

The recovery in the Indian economy "is more subdued than assumed earlier due to rising crude oil prices, soft private investment growth, and weather-related risks to agriculture," the ADB said.

India's growth rate to accelerate to 7.2% in 2018, 7.4% in 2019: UN

India's growth rate to accelerate to 7.2% in 2018, 7.4% in 2019: UN

Tue, Dec 12, 2017

The report warned that for India "the anaemic performance of private investment remains a key macroeconomic concern." "Gross fixed capital formation as a share of GDP has declined from about 40 per cent in 2010 to less than 30 per cent in 2017," the report said.

FM asked to raise old age pension, give more thrust on disinvestment of PSUs

FM asked to raise old age pension, give more thrust on disinvestment of PSUs

Mon, Dec 11, 2017

As part of pre-budget consultation meeting with leading economists, it was suggested that farmers should be given more remunerative prices for their produce keeping in view the target of maintain inflation between 4-6 per cent.

FY19 Union Budget not likely to be populist, says PMEAC member

FY19 Union Budget not likely to be populist, says PMEAC member

Sun, Dec 10, 2017

The prime minister's economic advisory panel member Rathin Roy has expressed hope that the forthcoming budget will not be a 'populist' and will reflect the commitment of the government to improve quality of expenditure.

Is govt mulling over raising protection on bank deposits beyond Rs 1 lakh?

Is govt mulling over raising protection on bank deposits beyond Rs 1 lakh?

Sat, Dec 09, 2017

Media reports have shed light on the likelihood of protection of bank deposits being raised with the upcoming FRDI bill.

Is your bank deposit safe? Know more about FRDI Bill & bail-in clause

Is your bank deposit safe? Know more about FRDI Bill & bail-in clause

Fri, Dec 08, 2017

FRDI Bill i.e. Financial Resolution and Deposit Insurance Bill 2017 aims to focus on finding a resolution in case of a rare event of a failure of any financial service provider like banks, insurance companies or a non-banking financial companies etc. At present the bill is pending with the standing committee and have not been enacted as a law.

India's GDP growth to rise to 7.5% in 2018: Morgan Stanley

India's GDP growth to rise to 7.5% in 2018: Morgan Stanley

Fri, Dec 08, 2017

The global brokerage is confident about prospects for a recovery in private capital spending as demand conditions are improving post demonetisation and GST implementation.

Rate cut or status quo: 14 factors will revolve around RBI decision

Rate cut or status quo: 14 factors will revolve around RBI decision

Wed, Dec 06, 2017

RBI kept repo rate unchanged at 6% in the last monetary policy meet with a neutral stance citing that rising consumer prices will threaten the trajectory for inflation.

India's GDP growth: Economists cut their forecasts

India's GDP growth: Economists cut their forecasts

Tue, Dec 05, 2017

Fitch alone is not disappointed by the country's current growth rate, CRISIL too has projected India's GDP at 6.8% with downside bias from previous 7% for FY18.

India Services PMI falls to 50.3 in November as business activity slows

India Services PMI falls to 50.3 in November as business activity slows

Tue, Dec 05, 2017

The service sector in India has been impacted due to the new tax regime that was implemented earlier this year.

Fitch Ratings cut India's FY18 GDP growth forecast to 6.7%, says rebound weaker than expected

Fitch Ratings cut India's FY18 GDP growth forecast to 6.7%, says rebound weaker than expected

Mon, Dec 04, 2017

The US-based ratings agency said growth has "repeatedly disappointed" in recent quarters, partly because of one-off factors including the demonetisation programme of November 2016 and disruptions related to the implementation of the Goods and Services Tax (GST) in July 2017.

India will be a $5 trillion economy by 2024, says Mukesh Ambani

India will be a $5 trillion economy by 2024, says Mukesh Ambani

Fri, Dec 01, 2017

Mukesh Ambani said "We are in the age of super intelligence. What manufacturing did for China, super intelligence can do for India. Technology is a great leveller."

Positive GDP data another boost for Modi govt

Positive GDP data another boost for Modi govt

Thu, Nov 30, 2017

Today's development seems to show that Indian economy is shaking off the effects of demonetisation and GST rollout after witnessing a low growth of 5.7% in the June quarter

Deceleration trend in overall growth has been now reversed: Jaitley

Deceleration trend in overall growth has been now reversed: Jaitley

Thu, Nov 30, 2017

The Finance Minister said the economy now seems to have weathered the transitional challenges experienced earlier in the year and appears poised for a durable recovery going forward.

India's economic growth may rebound as demonetisation, GST impact fades

India's economic growth may rebound as demonetisation, GST impact fades

Thu, Nov 30, 2017

Finance Minister Arun Jaitley said that India has standardised itself for a 7-8 per cent growth rate on the back of improving macroeconomic fundamentals.

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