Sat, Dec 21, 2024
Representing Maharashtra in the pre-Union Budget meeting held in Jaisalmer, Minister Aditi Tatkare on Saturday assured that Maharashtra would play a pivotal role in India's journey towards becoming a $5 trillion economy.
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Wed, Dec 18, 2024
Nirmala Sitharaman, India's Finance Minister, states that the economy will improve in the upcoming quarters despite a temporary dip in Q2 growth. In this video, we discuss her comments on India's economic outlook and what it means for future growth.
Thu, Nov 21, 2024
India's economy is projected to grow at a faster pace in the third quarter of the current financial year (October-December 2024) compared to the first half (April-September 2024), according to a report by ICRA.
Tue, Aug 09, 2022
India's forex reserve has seen tremendous growth since 1990s. As per a data from Ministry of Information and Broadcasting, the India's forex reserve which stood at 9.22 USD Billion in 1991-92, jumped to 607 USD billion in 2021-22.
Mon, Aug 08, 2022
The Masayoshi Son-led Japanese giant posted massive losses for its second straight quarter. The conglomerate earlier reported net loss at $16.2 billion for its January-March quarter this year.
Sat, Aug 06, 2022
The action plan will be examined by a high-level committee headed by the chief secretary.
Fri, Aug 05, 2022
Addressing shareholders at the company's 76th annual general meeting here, Mahindra said that there are some gaps that need to be filled in to take full advantage of the opportunities arising out for the country.
Banks with a higher share of floating rates and a robust CASA-led deposit franchise should be placed well in this increasing interest rate environment as the current credit growth is looking up, Naveen Kulkarni , Chief Investment Officer (CIO) at Axis Securities opines.
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced the rise of policy rate or repo rate by 50 basis points (bps) to 5.4 per cent.
In another warning sign for the global economy, the closely watched part of the U.S. Treasury yield curve measuring the gap between yields on two- and 10-year Treasury notes reached 39.2 basis points overnight, the deepest inversion since 2000.
Thu, Aug 04, 2022
Central Depository Services (India) Ltd or CDSL began operations in 1999. It facilitates holding and transacting in securities in the electronic form and settlement of trades on stock exchanges, according to a statement.
Walmart described the layoffs as a way to "better position the company for a strong future," reports The Wall Street Journal. "We`re updating our structure and evolving select roles to provide clarity and better position the company for a strong future," a company spokesperson said in a statement late on Wednesday.
Wed, Aug 03, 2022
"Putting more money in the pockets of the consumers is of vital importance to revive consumption demand in the economy."
Factbox - Foreign Secretary Liz Truss is leading the race to become Britain`s next prime minister, with two opinion polls putting her well ahead of former finance minister Rishi Sunak. Here are details of the policies Truss proposed during the leadership contest.
As per the survey, service providers that reported higher sales in July mentioned favourable demand conditions and fruitful advertising. However, growth was dampened by fierce competition and unfavourable weather, survey participants said.
On the opposition's claims of burdening people by imposing GST on cheque books, she said the levy is in relation to purchase of cheque books by bans from printers, not for the public.
Mon, Aug 01, 2022
This is the sixth time that the monthly GST collection crossed the Rs 1.40-lakh-crore mark since the inception of Goods and Services Tax and the fifth month at a stretch since March 2022, she said.
While both new orders and output grew at their fastest pace since November, both input and output prices increased at their slowest rate in several months in a further boost to demand.
Fri, Jul 29, 2022
Notably, US President Joe Biden and top officials of the government have dismissed fears of the country's economy sinking into a recession.
Thu, Jul 28, 2022
The decline that the Commerce Department reported Thursday in the gross domestic product ? the broadest gauge of the economy ? followed a 1.6% annual drop from January through March
At 1.5 per cent of total deposits as of July 1, 2022, CDs are yet to touch the peak level of June 2011 when they were at 8.3 per cent of total deposits, the agency said
The RBI said the decision of the MPC will be known on August 5 as against the earlier schedule of August 4.
Wed, Jul 27, 2022
The proposed digital ecosystem would help the concessional financing and credit guarantee to be better targeted to those sectors that are experiencing difficult economic conditions due to external factors beyond their control.
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