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.
Mon, Jan 31, 2022
Supply-side management kept prices of most essential commodities under control during the year, the Economic Survey 2022 noted. The retail inflation, as measured by CPI-C moderated to 5.2% in 2021-22 (April-December) from 6.6% in corresponding period of 2020-21, the Economic Survey 2021-22 says
India was the fourth largest forex reserve holder as of December 2021 accoring to the Economic Survey 2022 released on Monday. The continuous inflow of the forex reserve has trasnsformed india from the earlier Fragile Five countries to the the fourth largest forex reserve holder, the survey noted
India’s Gross Domestic Product (GDP) growth rate is expected to be between 8-8.5 per cent for the Financial Year 2023 according to the estimates by the government.
Wed, Jan 26, 2022
Gita Gopinath takes over as International Monetary Fund’s (IMF) first Deputy Managing Director today as she stepped down for the position of Chief Economist. She will be succeeded by Pierre-Olivier Gourinchas, a French economist
The IMF on Tuesday cut India's economic growth forecast by 0.5 percentage points to 9 per cent for the current fiscal year, with its Chief Economist Gita Gopinath saying that the slight downgrade is mainly due to the impact of the spread of the Omicron variant.
Sat, Jan 22, 2022
Shadow banking players must give utmost importance to protection of customers as it is "non-negotiable" Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao on Friday urged the NBFC sector.
Fri, Jan 21, 2022
The All India Management Association (AIMA) on Friday said it has introduced a six-month management course for promoters and managers of micro, small and medium enterprises (MSMEs).
To restore consumer confidence, which was severely dented by waves of the Covid-19 pandemic and to sustain the growth recovery, the Budget is expected to provide support through various measures.
Thu, Jan 20, 2022
The Centre will on Thursday release an advance installment of tax devolution to the states amounting to Rs 47,541 crore, the Finance Ministry said.
Large firms have become larger at the cost of smaller firms, while informal sector firms have been disrupted, HSBC said in a recent report.
Wed, Jan 19, 2022
Union Budget 2022-23: Finance Minister Nirmala Sitharaman will present the budget for the financial year 2022-23 on February 1.
Indian markets rallied over 4 per cent so far in January in the run-up to the Budget 2022. The index is hardly 3 per cent away from hitting its record high above 18604.45 that was hit back in October 2021.
Tue, Jan 18, 2022
Zee business spoke to Sunil Nyati, Managing Director, Swastika Investmart Ltd to know what his expectations are from the budget.
States are shelling out more for debt funds, with the weighted average cost for their debt auctions hardening by 9 basis points to touch 7.24 per cent, the highest level so far this fiscal, during the auctions on Tuesday.
Mon, Jan 17, 2022
The fast-spreading third wave of COVID-19 has undone the gains achieved due to resumption of business since the end of the lethal second wave last year, a Japanese brokerage said on Monday.
The COVID-19 pandemic severely dented the consumer confidence in India, the latest bulletin from the Reserve Bank of India (RBI) stated.
In an interview with Zeebiz's Kshitij Anand, Thakker believes that banking is one sector that continues to look promising because of the economy's pick up and the end of the high provisioning cycle in the last few years.
Fri, Jan 14, 2022
Announcing the schedule, the WEF said 'Davos Agenda 2022' will be the first global platform for key world leaders to share their visions for 2022 and it is being convened on the theme of 'The State of the World'.
"The month over month change in WPI for the month of December 2021 stood at (-) 0.35 per cent as compared to November 2021."
Imports in December 2021 too increased 38.55 per cent to USD 59.48 billion.
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