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.
More >
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.
Mon, Jan 17, 2022
The COVID-19 pandemic severely dented the consumer confidence in India, the latest bulletin from the Reserve Bank of India (RBI) stated.
In an interview with Zeebiz's Kshitij Anand, Thakker believes that banking is one sector that continues to look promising because of the economy's pick up and the end of the high provisioning cycle in the last few years.
Fri, Jan 14, 2022
Announcing the schedule, the WEF said 'Davos Agenda 2022' will be the first global platform for key world leaders to share their visions for 2022 and it is being convened on the theme of 'The State of the World'.
"The month over month change in WPI for the month of December 2021 stood at (-) 0.35 per cent as compared to November 2021."
Imports in December 2021 too increased 38.55 per cent to USD 59.48 billion.
Thu, Jan 13, 2022
India is gaining share in manufacturing exports and share of global merchandise exports is now at an all-time high, Credit Suisse said in a report.
“With a palpable buoyancy in tax collections, we expect the GoI’s gross tax receipts to overshoot the budgeted amount by a healthy Rs 2.5 trillion in FY2022,” Aditi Nayar, Chief Economist, ICRA Ltd said.
Wed, Jan 12, 2022
Retail inflation rose to 5.59 per cent in December, mainly due to an uptick in food prices, government data showed on Monday.
The textile sector in India has continuously maintained a trade surplus with exports manifold higher than imports. However, there has been a deceleration in textile exports due to pandemic disrupting the supply chain and demand.
Tue, Jan 11, 2022
The World Bank on Tuesday cut its forecasts for economic growth in the United States, the Euro area and China and warned that high debt levels, rising income inequality and new COVID-19 variants threatened the recovery in developing economies.
Mon, Jan 10, 2022
After a continuous sell-off in the past three months or so, foreign portfolio investors have turned net buyers in the first week of January in the Indian equity segment, data showed.
T V Narendran, President – CII and CEO & Managing Director, Tata Steel Limited, talks about the economy and the visible challenges, and more during an exclusive interview with Swati Khandelwal, Zee Business.
Total employment generated by nine select sectors stood at 3.10 crore in the July-September 2021 quarter, which is 2 lakh more than that of the April-June period, according to a quarterly employment survey by the labour ministry released on Monday.
Fri, Jan 07, 2022
Releasing the first advance estimates of National Income for 2021-22, the NSO stated, "The growth in real GDP during 2021-22 is estimated at 9.2 per cent as compared to the contraction of 7.3 per cent in 2020-21."
India is expected to overtake Japan as Asia's second-largest economy by 2030 when its GDP is also projected to surpass that of Germany and the UK to rank as world's No.3, IHS Markit said in a report.
Thu, Jan 06, 2022
The commerce and industry ministry is making changes in the foreign direct investment (FDI) policy to facilitate disinvestment of the country's largest insurer LIC, after taking views from the finance ministry, a top government official said on Thursday.
Budget 2022 Expectations: There are a lot of anticipations and discussions regarding the upcoming Union Budget 2022. Union Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2022 on February 1.
As per India Ratings and Research (Ind-Ra) estimates, rising cases of the Omicron variant of Covid-19 and the subsequent curbs will have an adverse impact on India's Q4FY22 GDP.
Union Minister of Finance Nirmala Sitharaman will present the Union Budget on February 1, 2022. When the Finance Minister presented the budget last year, health and rural infrastructure development.
In an important update, the Department of Expenditure, Ministry of Finance, today released a monthly Post Devolution Revenue Deficit (PDRD) Grant of Rs 9,871 crore to 17 states.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.