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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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US Federal Reserve cuts benchmark interest rate by quarter-percentage point

US Federal Reserve cuts benchmark interest rate by quarter-percentage point

Thu, Aug 01, 2019

Fed Chairman Jerome Powell had strongly hinted earlier this month that the benchmark rate would be lowered at the July meeting of the Federal Open Market Committee due to persistent trade tensions, global weakness and a notable slowdown in business investment.

Donald Trump urges Fed to cut interest rates, keep up with China, EU

Donald Trump urges Fed to cut interest rates, keep up with China, EU

Tue, Jul 30, 2019

For months Trump has criticised Fed Chair Jerome Powell for his monetary policies and has called for a drop in interest rates, which currently sit between 2.25-2.50 per cent.

Trade war effect: India's exports increase more to China than the US

Trade war effect: India's exports increase more to China than the US

Mon, Jul 29, 2019

Trade war effect: On account of China-US trade standoff, the Indian exports are increasing more to China (low base) than to the USA (high base) amidst the US-China trade war.

GST council meeting today: Cars, power to lotteries, here is how it may impact you

GST council meeting today: Cars, power to lotteries, here is how it may impact you

Thu, Jul 25, 2019

GST council meeting today: The 36th meeting of the Goods and Services Tax (GST) Council led by Finance Minister Nirmala Sitharaman is set to be held today. Notably, for citizens, there may be some big takeaways. Under focus is a decision on lowering tax rates for electric vehicles and this may well change the way everyone drives.

Your gold price to rise by 2.5%? Yellow metal at all-time high of over Rs 36,000 already - A bittersweet scenario

Your gold price to rise by 2.5%? Yellow metal at all-time high of over Rs 36,000 already - A bittersweet scenario

Mon, Jul 22, 2019

Within just a few months, the scenario has changed so much that gold, which was easily available near Rs 34,000, has clocked an all-time high of over Rs 36,000 in India.

Railway Minister Piyush Goyal comes up with new concept- 'Designed in UK, Made in India'

Railway Minister Piyush Goyal comes up with new concept- 'Designed in UK, Made in India'

Wed, Jul 17, 2019

India's service sector will provide the British industries with the technical expertise required.

Goldman Sachs quarterly profit beats expectations on equity trading, lending

Goldman Sachs quarterly profit beats expectations on equity trading, lending

Tue, Jul 16, 2019

The bank is aiming to generate $5 billion in new revenue by 2020, and is currently undergoing a front-to-back review of all its businesses started last October when Solomon took control as CEO.

Social Stock Exchange will help social enterprises & voluntary organisations to raise capital: Anurag Thakur

Social Stock Exchange will help social enterprises & voluntary organisations to raise capital: Anurag Thakur

Tue, Jul 09, 2019

Union Budget 2019 provides the roadmap to be a 5-trillion-dollar economy and glimpse of how next 10-years is going to be, says Anurag Thakur, Minister of State (MoS) for Finance and Corporate Affairs, during an interview with Zee Business.

Iran ratchets up tensions with higher enrichment, draws warnings

Iran ratchets up tensions with higher enrichment, draws warnings

Mon, Jul 08, 2019

Iran said on Sunday it will shortly boost its uranium enrichment above a cap set by a landmark 2015 nuclear deal, prompting a warning `to be careful` from U.S. President Donald Trump, who has pressured Tehran to renegotiate the pact.

Union Budget 2019: Schemes like ‘Sagarmala’ & ‘UDAN’ are bridging rural, urban divide, says Sitharaman

Union Budget 2019: Schemes like ‘Sagarmala’ & ‘UDAN’ are bridging rural, urban divide, says Sitharaman

Fri, Jul 05, 2019

Union Finance Minister Nirmala Sitharaman presented the budget for 2019-2020 in the national capital today. While addressing at the Lok Sabha, Nirmala Sitharaman said, “We don't look down upon legitimate profit earning. Gone are the days of policy paralysis and license quota control regime. India Inc are India's job creators, nation's wealth creators. Together with mutual trust we can gain, catalyse past and attain sustained growth.” “Schemes such as 'Bharatmala', 'Sagarmala' and 'Ude Desh Ka Aam Nagrik’ (UDAN) are bridging the rural and urban divide, improving our transport infrastructure.

Union Budget 2019: India took over 55 years to reach $1 trillion dollar economy, says FM Sitharaman

Union Budget 2019: India took over 55 years to reach $1 trillion dollar economy, says FM Sitharaman

Fri, Jul 05, 2019

Union Finance Minister Nirmala Sitharaman presented the budget for 2019-2020 in the national capital today. While addressing at the Lok Sabha, Nirmala Sitharaman said, “The Indian economy will grow to become a $3 trillion economy in the current year itself. It is now the sixth largest in the world. Five years ago it was at the 11th position.” “It took us over 55 years to reach $1 trillion dollar economy. But, when the hearts are filled with hope, trust and aspiration, we in just five years, added $1 trillion,” she added.

After completion of our tenure, we will be more than $5 trillion economy: Nitin Gadkari

After completion of our tenure, we will be more than $5 trillion economy: Nitin Gadkari

Fri, Jul 05, 2019

While speaking to ANI on Friday, Union Minister for Road Transport and Highways Nitin Gadkari on Union Budget 2019 said, “Already we have doubled the economy in the last 5 years. I am confident that when we complete 5 yrs again, we will be more than $5 trillion economy.”

UK economy may need more help as trade war, Brexit risks grow: BoE Governor Mark Carney

UK economy may need more help as trade war, Brexit risks grow: BoE Governor Mark Carney

Wed, Jul 03, 2019

Bank of England Governor Mark Carney said a global trade war and a no-deal Brexit were growing risks to Britain`s economy which might need more help to cope with a downturn, prompting investors to increase their bets on a BoE interest rate cut.

Budget 2019 expectations - Changes eyed in GST system: from input tax credit to incentives, check out these demands

Budget 2019 expectations - Changes eyed in GST system: from input tax credit to incentives, check out these demands

Tue, Jul 02, 2019

While several industries have put forward their demands, more and more voices have been asking for changes in the Goods and Services Tax (GST) asking for it to be simplified and also the companies which provide clean pre-reconciled purchase data should get input tax credit (ITC) immediately.

Automotive sector will be contributing $1 tn to India’s GDP in the next few years: Nishant Arya, JBM Auto

Automotive sector will be contributing $1 tn to India’s GDP in the next few years: Nishant Arya, JBM Auto

Mon, Jul 01, 2019

The GST rate of 28 per cent should be brought down to 18 per cent as it will benefit the industry in terms of cash flow, says Nishant Arya, Executive Director, JBM Auto.

Viral Acharya says, capital markets play crucial role in economy; RBI putting efforts to expand investor base

Viral Acharya says, capital markets play crucial role in economy; RBI putting efforts to expand investor base

Sun, Jun 30, 2019

Outgoing RBI Deputy Governor, Viral V Acharya on Saturday said that the capital markets play a crucial role in the development of country's economy and the Reserve Bank has been putting in the necessary efforts to expand the investor base.

Amazing! Wages account for 1/3rd of Indian economy's income, says India Ratings report

Amazing! Wages account for 1/3rd of Indian economy's income, says India Ratings report

Thu, Jun 27, 2019

The CSO data, the report said, gave an insight into the manner in which the income generated in the production process is being distributed across the two key factors of production, labour and capital.

Budget 2019: Three major changes that can be made to GST

Budget 2019: Three major changes that can be made to GST

Thu, Jun 27, 2019

Budget 2019: Finance Minister Nirmala Sitharaman is set to present Union Budget 2019 on July 5 and the expectations are high as this is the first budget of the second term of the Modi government. While several industries have put forward their demands, more and more voices have been asking changes in the Goods and Services Tax (GST) for its simplification.

Colliers report: PE investment in real estate jumps 26 per cent to Rs 28,000 crore

Colliers report: PE investment in real estate jumps 26 per cent to Rs 28,000 crore

Wed, Jun 26, 2019

Private equity (PE) investment in real estate jumped 26 per cent in the first half of this year to USD 3.9 billion (approx Rs 28,000 crore) impelled by higher inflow in commercial and warehousing projects, according to property consultant company Colliers.

PM Narendra Modi in Lok Sabha: Important that country progresses, every Indian is empowered

PM Narendra Modi in Lok Sabha: Important that country progresses, every Indian is empowered

Tue, Jun 25, 2019

Prime Minister Narendra Modi, while addressing the Lok Sabha on Tuesday evening, said that the NDA government did not divert from its path of development in the first five years of its government and added that it is important that the nation continues to progress.

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