Sun, Nov 26, 2023
The market valuation of ITC was down Rs 1,808.36 crore to Rs 5,46,000.07 crore, while that of Infosys dipped Rs 290.53 crore to Rs 5,96,391.22 crore.
The Minister of State for Science and Technology & Atomic Energy and Space (Independent Charge) said that some foreign agencies like the AKD have predicted that this figure could even go up to USD 100 billion by 2040.
Sat, Nov 25, 2023
Germany's economy shrank in recent months and business confidence is still in the dumps, according to figures, while the government is struggling to overcome a budget crisis that threatens to exacerbate problems in what was already the world's worst-performing major developed economy.
Thu, Jun 02, 2022
As per official data, the economy grew by 8.7 percent in FY22, net adding Rs 11.8 lakh crore in the year to Rs 147 lakh crore, the report said, adding this was however only 1.5 percent higher than the pre-pandemic year of FY20.
Wed, Jun 01, 2022
GST Collection May 2022: Ministry of Finance in a statement said, "This is only the fourth time the monthly GST collection crossed ₹1.40 lakh crore mark since inception of GST and third month at a stretch since March 2022.
Tue, May 31, 2022
Real GDP or Gross Domestic Product (GDP) or the Financial Year 2021-22 (April-March) is estimated at 8.7 per cent as compared to a contraction of 6.6 per cent in 2020-21
Fri, May 27, 2022
The Reserve Bank of India has made a strong case for structural reforms arguing that the future path of growth would be conditioned by addressing supply-side bottlenecks, calibrating monetary policy to bring down inflation and boosting capital spending.
Thu, May 26, 2022
RBI MPC: The Reserve Bank will opt for a larger, 0.50 per cent, hike in key rates at its next monetary policy review in June to protect medium term economic stability in face of the uncomfortable inflation situation, British brokerage firm Barclays said on Thursday
Mon, May 23, 2022
Excise duty reduced on petrol and diesel. What will be the effect of the government's decision? Which company will benefit and who will lose? How will it affect the economy? Know full details from Varun Dubey.
“We do need to restore trust because if you thing about it from the geo-political standpoint, there are lots of challenges we are facing around the world,” Mahindra & Mahindra Group MD & CEO Anish Shah tells Zee Business Executive Editor
Fri, May 20, 2022
RBI's latest dividend is down compared to last year as it may have taken a hit on the income side, with the central bank likely receiving lower interest income from its liquidity management operations.
Wed, May 18, 2022
Average headline inflation is expected to hit a nine-year high of 6.9 per cent in FY23, a PTI report said on Wednesday quoting India Ratings and Research.
Online gaming, casinos and horse racing will be subject to a 28 per cent Goods and Services Tax (GST). In a meeting of Group of Ministers (GoM) that was held today, it was unanimously decided that a 28 per cent levy will be imposed on these services
Tue, May 17, 2022
The credit rating agency has cited the second-highest business activity index reading in 13 months in April as a trigger for this.
Mon, May 16, 2022
At least 59 percent of the accelerated inflation is due to the impact of the geopolitical situation sparked by Russia's invasion of Ukraine, according to the finding given by State Bank of India (SBI).
Wed, May 04, 2022
India's services exports set a new record of USD 254.4 billion (about Rs 19 lakh crore) in 2021-2022, the commerce ministry said on Wednesday.
The government on Wednesday extended the deadline for submitting applications under the PLI scheme for specialty steel until May 31.
Sun, May 01, 2022
Gross GST collection in April 2022 is all time high, Rs 25,000 crore more than the next highest collection of Rs. 1,42,095 crore, just last month
Sat, Apr 30, 2022
If crude prices remain high for three months, FY23 GDP could grow by 7.2 per cent; in case it lasts longer, then growth will be 7 per cent, down from 7.6 per cent projected earlier, its chief economist Devendra Pant and principal economist Sunil Kumar Sinha said on Wednesday
Fri, Apr 29, 2022
"Year-on-year inflation for the month stood at 5.35 per cent compared to 5.04 per cent for the previous month (February 2022) and 5.64 per cent during the corresponding month (March 2021) a year before," a labour ministry statement said
Thu, Apr 28, 2022
India remains one of the most challenging major economies with respect to protection and enforcement of intellectual property, the office of the US Trade Representative said in a report as it decided to retain New Delhi on the Priority Watch List.
Tue, Apr 26, 2022
The Reserve Bank of India will raise its repo rate in June and hike at a faster pace than predicted just a few weeks ago as a surge in inflation puts pressure on the central bank to act quicker, a Reuters poll showed.
Wed, Apr 20, 2022
India should aspire to become a high-income country by 2047 and this would need sustained economic growth year after year, NITI Aayog CEO Amitabh Kant said on Wednesday.
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