Sat, Nov 02, 2024
Gross GST collection grew 9 per cent to over Rs 1.87 lakh crore in October on higher revenues from domestic transactions.
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Tue, Oct 22, 2024
India's GDP growth is likely to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025 because the pent-up demand accumulated during Covid has exhausted, as the economy reconnects with its potential, the International Monetary Fund (IMF) said on Tuesday.
Thu, Oct 17, 2024
India is poised to be the third largest global economy by 2030 but its rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said on Thursday.
Wed, Mar 02, 2022
Finance Minister Nirmala Sitharaman said that the Government was reviewing the launch of Initial Public Offering (IPO) the Life Insurance Corporation of India (LIC).
Inflation in Europe hit a record high for the fourth month in a row, raising questions about when the central bank should step in to ease the pain to people's wallets.
India's factory activity growth accelerated in February as the threat from a third COVID-19 wave eased, a private survey showed.
"Many key fintech themes are changing the composition of the economy."
Tue, Mar 01, 2022
The ongoing crisis in Ukraine is set to push the country's import bills beyond the USD 600 billion mark this fiscal.
GST collection crossed Rs 1.30 lakh crore mark for the 5th time!
India retained its position as the world's fastest growing economy despite the country's economic growth slowing down to 5.4 percent in Q3FY22.
Mon, Feb 28, 2022
India's economic growth slowed to 5.4 percent in the third quarter of 2021-22.
India`s federal fiscal deficit between April and January rose to 9.38 trillion rupees.
Thu, Feb 24, 2022
Pointing out that the ongoing recovery is still uneven and not broad-based, a foreign brokerage report said the government should continue the income support measures for the affected sectors.
Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday said that the Indian economy is now poised for recovery but high crude oil price is a cause for concern.
"We have raised our 2022 calendar year growth forecasts for India to 9.5 per cent from 7 per cent, and maintained our forecast for 5.5 per cent growth in 2023. This translates into 8.4 per cent and 6.5 per cent in fiscal years 2022-23 and 2023-24, respectively," Moody's said in a statement
Tue, Feb 22, 2022
India Ratings has revised upwards its outlook on the microfinance sector to 'neutral' from 'negative' next fiscal, on the back of a revival in growth that could clip at 30 per cent.
The Financial Stability and Development Council (FSDC) meeting attended by various financial sector regulators, including RBI Governor Shaktikanta Das, comes against the backdrop of rising tension between Russia and the US over Ukraine
India's fuel demand is likely to grow 5.5 per cent in the fiscal year beginning April 1 as economic activity picks up after devastation caused by the pandemic, government estimates showed on Tuesday
Mon, Feb 21, 2022
Union Finance Minister Nirmala Sitharaman on Monday said banks need to focus more on being customer-friendly so that the process of availing credit becomes more hassle-free for borrowers.
Sun, Feb 20, 2022
We spoke to Anand Shah, Head - PMS and AIF Investments, ICICI Prudential AMC on markets, the economy as well as how he picks stocks for his Contra Strategy. The Strategy has been among the top-performing diversified PMS strategies on a 1-month and 1-year to 3-year basis. Shah has more than two decades of rich fund management experience in the Asset Management industry.
The country's services export is expected to reach USD 325 billion in 2022-23 on account of increasing demand for all kinds of services and gradual resumption of regular international travels.
Management of business would be written afresh in the phase of post-Covid economic recovery and some significant new concepts would be incorporated for their long term relevance -- compelled by the `evolutionary` impact of the pandemic.
Sat, Feb 19, 2022
The trade agreement was signed during a virtual summit held by Prime Minister Narendra Modi and Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan.
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