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Maharashtra will play key role in achieving India's $5 trillion economy goal: Minister Aditi Tatkare

Maharashtra will play key role in achieving India's $5 trillion economy goal: Minister Aditi Tatkare

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.

Nirmala Sitharaman: Economy to Improve in Coming Quarters

Nirmala Sitharaman: Economy to Improve in Coming Quarters

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.

India's GDP growth to pick up in third quarter compared to first half of FY25: ICRA report

India's GDP growth to pick up in third quarter compared to first half of FY25: ICRA report

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.

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India is world's fastest-growing economy, but this time there is a tie with China, says IMF

India is world's fastest-growing economy, but this time there is a tie with China, says IMF

Tue, Oct 15, 2019

IMF`s projected growth rate of 6.1 per cent for 2019-20 is consistent with the Indian Monetary Policy Committee`s forecast.

WATCH: Chinese President Xi Jinping reaches Chennai for meet with PM Modi, welcomed by folk dancers

WATCH: Chinese President Xi Jinping reaches Chennai for meet with PM Modi, welcomed by folk dancers

Fri, Oct 11, 2019

Chinese President Xi Jinping arrived in India on Friday afternoon to a great welcome at the Chennai Airport. He was welcomed by folk dancers and musicians upon his arrival. Jinping is in India as part of his maiden two-day visit to the state to participate in the second informal summit with Prime Minister Narendra Modi at Mamallapuram.

RBI raises lending limit of micro-finance institutions

RBI raises lending limit of micro-finance institutions

Fri, Oct 04, 2019

It also proposed to increased the household income limit for borrowers of NBFC-MFIs from the current level of Rs 1 lakh for rural areas and Rs 1.60 lakh for urban or semi urban areas to Rs 1.25 lakh and Rs 2 lakh, respectively.

RBI rate cuts benefit only home, car buyers, not us: MSMEs

RBI rate cuts benefit only home, car buyers, not us: MSMEs

Fri, Oct 04, 2019

On expected lines, the RBI on Friday cut the repo rate by 25 basis points to 5.15 per cent from 5.40 per cent. This is the fifth straight cut in lending rate taking the cumulative interest rate reduction to 135 basis points since February this year.

Rate cut cycle may extend on sub 4% inflation

Rate cut cycle may extend on sub 4% inflation

Fri, Oct 04, 2019

"It is in this context that the MPC (Monetary Policy Committee) decided to continue with an accommodative stance as long as it is necessary to revive growth, while ensuring that inflation remains within the target," the RBI said.

RBI policy announcement: Zee Business poll favours 0.25% rate cut

RBI policy announcement: Zee Business poll favours 0.25% rate cut

Fri, Oct 04, 2019

The first question asked was if the RBI will once again go for rate cut. About 80% respondents opined that there is a possibility of 0.25% rate cut, and after this rates will be paused or put on hold for coming days.

Fed policymakers 'open' to rate cut as risks to outlook rise

Fed policymakers 'open' to rate cut as risks to outlook rise

Fri, Oct 04, 2019

The Fed has cut rates twice this year as U.S. businesses were hit by rising trade tensions with China, political risk including Britain`s potentially chaotic divorce from the European Union, and weakening economic growth in Germany and elsewhere.

India Economic Summit 2019: What industry wants from the government?

India Economic Summit 2019: What industry wants from the government?

Thu, Oct 03, 2019

India Economic Summit 2019: What industry wants from the government?

0.25% rate cut is expected in RBI's monetary policy: Kalpana Morparia, JP Morgan

0.25% rate cut is expected in RBI's monetary policy: Kalpana Morparia, JP Morgan

Thu, Oct 03, 2019

The corporate rate tax cut is a welcome move and its timing was brilliant, says Kalpana Morparia, Chairperson - South and Southeast Asia, JP Morgan & Co, during an interview with Zee Business.

RBI set to interest cut rates again as fiscal measures fail to boost growth

RBI set to interest cut rates again as fiscal measures fail to boost growth

Wed, Oct 02, 2019

Asia`s third-largest economy expanded by just 5% in the June quarter, its slowest pace since 2013. That has raised expectations the RBI will be forced to further downgrade its growth projection of 6.9% for the current fiscal year.

Auto sector: September sales numbers show revival for auto majors?

Auto sector: September sales numbers show revival for auto majors?

Tue, Oct 01, 2019

Auto sector: September sales numbers show revival for auto majors? Watch video to know more.

FM Nirmala Sitharaman to meet key ministries on frontloading public expenditure

FM Nirmala Sitharaman to meet key ministries on frontloading public expenditure

Fri, Sep 27, 2019

Though bond yields went up after the announcement of tax cuts, the Finance Minister said she was yet to take a decision on revising the borrowing limit for the second half of 2019-20.

India to be world's 2nd fastest growing economy at 6%: UNCTAD

India to be world's 2nd fastest growing economy at 6%: UNCTAD

Fri, Sep 27, 2019

The UNCTAD report noted that "in Asia, the two economies that were among the fastest growing in the world, China and India, are showing signs of a loss of growth momentum".

Narendra Modi at Bloomberg Business Forum: On reducing FDI deterrents, here is what experts say

Narendra Modi at Bloomberg Business Forum: On reducing FDI deterrents, here is what experts say

Thu, Sep 26, 2019

PM highlighted the fact that his was a pro-investment government and offered stability plus a huge market that India really was and it ability to absorb FDI in India and provide returns.

Startup India: Health solutions innovator Agatsa raises $1 million

Startup India: Health solutions innovator Agatsa raises $1 million

Wed, Sep 25, 2019

Agatsa, a health solutions innovator, has raised $1 million in funding from Indian Angel Network (IAN) and the Technology Development Board (TDB), Department of Science and Technology, Government of India.

Booster shot for economy! French firm FM Logistic to invest 150 million dollars in India, create new jobs - All details here

Booster shot for economy! French firm FM Logistic to invest 150 million dollars in India, create new jobs - All details here

Tue, Sep 24, 2019

Talking exclusively to Zee Business Digital, Jeremy Lefevre, Construction Director Asia, NG Concept (sister concern of FM Logistic) and Alexandre Amine Soufiani, Managing Director, FM Logistic India, confirmed that this warehouse, which is expected to be completed in December 2020, is part of the five-year US$ 150 million investment plan the company announced in March 2019.

Zee Business Hit Hai: How Nirmala Sitharaman's reduction of corporate tax can boost Indian economy

Zee Business Hit Hai: How Nirmala Sitharaman's reduction of corporate tax can boost Indian economy

Sun, Sep 22, 2019

Finance Minister Nirmala Sitharaman and Modi government gave a major boost to the Indian economy on Friday by announcing several tax incentives including a reduction in the corporate tax, a demand that was put forward by Zee Business Managing Editor Anil Singhvi.

Modi 2.0's $5-trillion economy dream to come true, but India needs to do these things

Modi 2.0's $5-trillion economy dream to come true, but India needs to do these things

Sat, Sep 21, 2019

PM Narendra Modi has vowed to make India a $5-trillion economy by 2025, and his government is leaving no stone unturned to make this dream come true.

Tourism sector flower blooms in India despite slowdown sentiments in other sectors of economy

Tourism sector flower blooms in India despite slowdown sentiments in other sectors of economy

Fri, Sep 20, 2019

Tourism sector is also one of the biggest creators of employment in India, and till FY 2017-18, as many as 8 crore 11 lakh people were connected to this sector, and the same has increased to about 10 crore.

Boom Time! Corporate tax rate cut to 25% in Nirmala Sitharaman 'mini-Budget'; experts react

Boom Time! Corporate tax rate cut to 25% in Nirmala Sitharaman 'mini-Budget'; experts react

Fri, Sep 20, 2019

The total taxation revenue loss due to the measure would be 1.45 lakh crore rupees ($20.5 billion), Sitharaman said, raising concerns that the government may not be able to meet its fiscal deficit target of 3.3% for 2019-20 at a time when tax revenue collections are already weak.

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