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, Jul 26, 2022
Akasa Air aims to induct 18 aircraft by the end of March 2023, focusing on connecting metro to tier-2 and tier-3 cities.
This is 22 per cent lower than the Rs 24,000 crore that was initially indicated for the week, according to an analysis by rating agency Icra.
Tata Power Q1FY23 Results: Consolidated PAT before Exceptional Items up by 90% at ₹884 crore vs ₹466 crore in Q1FY22 (due to improved performance across all businesses mainly profit from Coal Companies)
Fri, Jul 22, 2022
"We have zero tolerance for high volatility and bumpy movements," he said while speaking about rupee.
Days after the domestic currency breached the 80-level against the dollar, Das said Reserve Bank of India (RBI) has zero tolerance for volatile and bumpy movement in the rupee and added that the central bank actions have helped in smoother movement.
Economists who participated in the survey opined that the global economy's prognosis in 2023 will be determined by the inflation trajectory, the extent of interest rate hikes required to maintain price stability, and the impact of higher rates on household consumption and investment demand.
Thu, Jul 21, 2022
There is another aspect to the fall in Rupee value, adding that exporters make profits when the value depreciates
The Bond Calculator aims to remove complexity of bond calculations and provide easy solutions even when on the move.
Wed, Jul 20, 2022
Private equity players and venture capital funds have pumped in 28 per cent more money into domestic companies, mostly into startups, totalling USD 34.1 billion in the first half of the year, according to a report.
Policy premiums have gone up twice in 18 months and it is unlikely that they would go up again at least in the foreseeable future, Niraj Shah, CFO at HDFC Life Insurance Company says
Tue, Jul 19, 2022
Finance ministry on Tuesday said that the economy is on course to achieve projected 8-8.5 per cent growth based on high-frequency indicators for the first quarter of the current fiscal
Mon, Jul 18, 2022
Government and RBI (Reserve Bank of India) regularly issue guidelines and have taken several initiatives aimed at resolution of long-standing stressed assets on the books of banks as well as timely identification and recognition of stress immediately upon default and take corrective action for mitigation of the same.
Fri, Jul 15, 2022
States have budgeted 36 per cent higher capital expenditure during this financial year, which may lead to a sharp rise in their fiscal deficit to Rs 8.4 lakh crore, a report said on Friday
After implementation of a free trade agreement, India's exports to the UAE rose by 16.22 percent to USD 837.14 million during May-June this year, sources said on Friday.
The fall in the crude oil prices as well as the refining margin for diesel, petrol and aviation turbine fuel, raises the question whether the Indian government should continue with its windfall tax, said CLSA Ltd in a report.
Thu, Jul 14, 2022
First summit of the four-nation grouping 'I2U2' on Thursday announced an investment of USD 2 billion to develop a series of integrated food parks across India and a plan to set up a 300-megawatt hybrid renewable energy project in Gujarat, signalling its near long-term strategic partnership to address major challenges in specific areas
Exports during April-June 2022 rose by 14.6 per cent to Rs 77,049.76 crore (USD 9,983.78 million) compared to Rs 67,231.25 crore (USD 9,110.48 million) during April-June 2021.
An electric highway generally refers to a road which supplies power to vehicles travelling on it, including through overhead power lines.
Wed, Jul 13, 2022
In its India's economic outlook - July 2022 report, leading consultancy Deloitte India said that as 2021 was coming to a close, there was optimism in the air but the optimism received a jolt early this year as a wave of Omicron infections swept through the country and Russia's invasion of Ukraine happened in February.
Tue, Jul 12, 2022
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