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Economic growth

Good growth in profits of banks too!

Good growth in profits of banks too!

Mon, Dec 16, 2024

There is continuous improvement in the performance of government banks, now even the profits of banks are showing good growth, how has been the performance in the first half, know what is the full news.

India's surging FDI inflows surpass $1,000 billion milestone in last 4 years

India's surging FDI inflows surpass $1,000 billion milestone in last 4 years

Mon, Dec 09, 2024

Foreign Direct Investment (FDI) inflows into India in the period between April 2000 to Sept 2024 have soared to $1,033.40 billion mark, reflecting the increasing investment opportunities in the country's fast-growing economy, as per figures compiled by the Department for Promotion of Industry and Internal Trade (DPIIT).

This Indian state lets residents earn crores without paying income tax!

This Indian state lets residents earn crores without paying income tax!

Wed, Dec 04, 2024

Sikkim, India’s sole tax-free state, provides residents full income tax exemption under Article 371(F). This distinctive status enhances savings, attracts investments, and underscores Sikkim’s historical and economic importance.

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October-March GDP numbers expected to be much better: Economic Affairs Secretary

October-March GDP numbers expected to be much better: Economic Affairs Secretary

Mon, Dec 02, 2024

India's economic growth slowed to near two-year low of 5.4 per cent in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors as well as weak consumption.

Germany to Invest in Madhya Pradesh, Business Leaders Promise Massive Investment After CM Visit

Germany to Invest in Madhya Pradesh, Business Leaders Promise Massive Investment After CM Visit

Fri, Nov 29, 2024

Madhya Pradesh CM Mohan Yadav delivered remarks on November 28 during an interactive session in Germany, discussing investment opportunities in Madhya Pradesh. Highlighting the incentives that Madhya Pradesh offers to investors, CM Yadav said, "I want a new kind of partnership with Germany. A partnership that is not limited to just trade.

Centre completes auction of 9 coal mines, to yield Rs 1,446 crore annual revenue

Centre completes auction of 9 coal mines, to yield Rs 1,446 crore annual revenue

Wed, Nov 27, 2024

The Ministry of Coal announced on Wednesday that it has successfully auctioned 9 mines as part of the 10th round of commercial coal mine auctions.

Inflation to ease, economic growth to accelerate in coming months: Finance Ministry

Inflation to ease, economic growth to accelerate in coming months: Finance Ministry

Mon, Nov 25, 2024

India's food inflation is likely to ease while the growth outlook for the economy is "cautiously optimistic" for the coming months as the agricultural sector is likely to benefit from favourable monsoon conditions, increased minimum support prices and adequate supply of inputs, according to the Finance Ministry's monthly economic review released on Monday.

Growth likely to have slowed in Q2, FY25 capex may undershoot Budget estimates: Economic Affairs Secretary Ajay Seth

Growth likely to have slowed in Q2, FY25 capex may undershoot Budget estimates: Economic Affairs Secretary Ajay Seth

Thu, Nov 21, 2024

India's economic growth may have slowed in the September quarter, but overall there is not much downside risk to 6.5-7 per cent growth projections for the current fiscal year, Economic Affairs Secretary Ajay Seth said.

India Inc credit profiles benefit on high growth in H1, set to improve further

India Inc credit profiles benefit on high growth in H1, set to improve further

Tue, Oct 01, 2024

Crisil Ratings, which rates nearly 7,000 companies, said the 'credit ratio' or the ratio of upgrades to downgrades in its portfolio, improved to 2.75 times in April-September as against 1.79 times in the preceding six months.

Why the steel boom in metals?

Why the steel boom in metals?

Wed, Sep 25, 2024

Gold and silver at record high, all-round bullish atmosphere in metals, why steely bullishness in metals? How much strength is there in metals due to China's action?

Foxconn's $1 Billion Investment in India |

Foxconn's $1 Billion Investment in India |

Wed, Sep 25, 2024

Foxconn announces a significant investment of $1 billion in India to expand manufacturing operations and enhance local production capabilities.

Sundar Pichai Discusses AI in India

Sundar Pichai Discusses AI in India

Wed, Sep 25, 2024

Google CEO Sundar Pichai shares PM Modi's vision for using AI to benefit the people of India, emphasizing the importance of technology in improving lives.

Why is Bank Nifty better than Nifty?

Why is Bank Nifty better than Nifty?

Mon, Sep 23, 2024

How much more bullishness in the market?, At what level is there strong support for Nifty?, Why is Bank Nifty better than Nifty?, Know from Anil Singhvi

Think tank NCAER pegs domestic economic growth at more than 7% in FY25

Think tank NCAER pegs domestic economic growth at more than 7% in FY25

Mon, Jul 29, 2024

In its July 2024 issue of Monthly Economic Review (MER), NCAER said real GDP grew by 8.2 per cent in FY2023-24, driven by stable consumption demand and steadily improving investment demand.

RBI reports decade-high performance in Indian banking sector

RBI reports decade-high performance in Indian banking sector

Thu, Jul 11, 2024

RBI Deputy Governor highlights significant improvement in financial metrics, emphasizing enhanced auditing and financial integrity measures.

Centre says Citigroup report on India employment fails to consider positive trends, comprehensive data from official sources; catch key takeaways from Labour Ministry's rebuttal

Centre says Citigroup report on India employment fails to consider positive trends, comprehensive data from official sources; catch key takeaways from Labour Ministry's rebuttal

Mon, Jul 08, 2024

Rebutting a research report by US-based investment bank and financial services company Citigroup on employment in India, the Labour Ministry said on Monday that it fails to consider the positive trends and comprehensive data from official sources. The ministry said it "strongly rebuts such reports which do not analyse all official data sources available in the public domain". The Citigroup report forecasts that India will struggle to create sufficient employment opportunities even with a growth rate of 7 per cent.

Union Budget: Industry calls for infra push and structural reforms for sustainable growth

Union Budget: Industry calls for infra push and structural reforms for sustainable growth

Sun, Jul 07, 2024

Industry leaders urge the government to prioritize infrastructure development and structural reforms in the Union Budget 2024-25 to achieve sustainable and inclusive economic growth.

India's auto sector accelerates as strong demand boosts sales

India's auto sector accelerates as strong demand boosts sales

Tue, Jul 02, 2024

India's auto sector is experiencing robust growth driven by increased demand for cars, two-wheelers, and commercial vehicles amidst a thriving economy.

India's manufacturing sector growth accelerates in June with record employment surge

India's manufacturing sector growth accelerates in June with record employment surge

Mon, Jul 01, 2024

India's manufacturing sector saw robust growth in June, with a sharp increase in output and record employment, driven by strong demand and higher new business volumes.

CII wants Modi 3.0 govt to push land, labour, agri reforms to boost growth

CII wants Modi 3.0 govt to push land, labour, agri reforms to boost growth

Thu, Jun 13, 2024

Industry body CII President Sanjiv Puri has made a case for pushing reforms in sectors like land, labour, and agriculture by the Modi 3.0 government to accelerate economic growth.

Indian IT services sector prepares for another year of sluggish revenue growth amid global economic challenges

Indian IT services sector prepares for another year of sluggish revenue growth amid global economic challenges

Wed, Apr 24, 2024

Indian IT services sector: The report identifies automation and cost optimisation as focal points for IT spending, with most end-user industries likely to defer large discretionary expenditures. The top four sectors contributing to 65 per cent of the sector's revenue include banking, financial services, and insurance (BFSI), retail, technology, and communications and media.

S&P ups India growth forecast to 6.8% for FY'25

S&P ups India growth forecast to 6.8% for FY'25

Tue, Mar 26, 2024

"We expect India's real GDP growth to moderate to 6.8 per cent in fiscal year 2025 (ending March2025)," S&P said.

China vows to 'transform' economy, targets stable growth of around 5%

China vows to 'transform' economy, targets stable growth of around 5%

Tue, Mar 05, 2024

With awe at China's economic miracle fading rapidly, some economists drew comparisons with Japan's lost decades of stagnation in the 1990s, calling for pro-market reforms and measures to boost consumer incomes.

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