Fri, Dec 01, 2023
India GDP: भारत की आर्थिक विकास दर दूसरी तिमाही में 7.6% बढ़ी है, ऐसा इसलिए क्योंकि फेस्टिव सीजन के दौरान भारत में जबरदस्त कारोबार हुआ था.
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.
Mon, Feb 01, 2021
Union Budget 2021: Finance Miniser Nirmala Sitharaman has presented her budget 2021 and various sectors are busy analysing its impact on them.
Budget 2021: In a bid to boost Prime Minister Narendra Modi's 'AatmaNirbhar Bharat' initiative and make India a $5 trillion economy, Finance Minister Nirmala Sitharaman has some special plans via Protection Linked Incentive (PLI) Scheme.
Union Budget 2021 highlights: Finance Minister Nirmala Sitharaman on Monday commenced presentation of the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours. Here are some highlights!
Finance Minister Nirmala Sitharaman today announced a new centrally sponsored scheme PM Aatmanirbhar Swasth Bharat Yojana to be launched with a budget outlay of Rs 64,180 crore over 6 years. She said that investment on health infrastructure in Budget 2021 has increased substantially. She said this while reading her Budget 2021 speech on Monday (1 February)
Wed, Jan 13, 2021
India`s retail inflation eased to 4.59% in December from a year ago, mainly helped by a sharp fall in vegetable prices, government data released on Tuesday showed, falling within the central bank`s target of 2%-6% after eight months
Mon, Jan 11, 2021
One of the demands of the industry is on the extension of benefits under section 80EEA to avail an additional Rs 150,000 interest deduction on home loans to the existing homebuyers who have already availed home loans. He further advocates for extension of this benefit to the first-time homebuyers to include mid segment as well
Fri, Jan 08, 2021
Even as job growth remains weaker than it was pre-pandemic, JM Financial sees the outlook on consumption strengthening. Notably, land prices are exhibiting momentum after almost 5 years accompanied by a 2-year high growth in currency in circulation. While the sustainability of this rise, and the consequent wealth effect and inflation trigger remains a key monitorable, other consumption drivers too appear favourable.
Indian markets received a second month of record FII flows in December, powering BSE Sensex, NSE Nifty and other indices to new records. The rally was driven by continued strong FII inflows in December which stood at a record Rs 62016 cr on the back of Rs 60358 cr inflows in November 2020. Continued improvement in underlying economic conditions coupled with a global risk on environment post the US elections has led to record flows into Indian equities.
Fri, Jan 01, 2021
There is good news for the countrymen on the new year where there is a tremendous improvement in the economy of the country.
Thu, Dec 10, 2020
There is an interesting action happening in terms of fund flows in India. Sovereign funds are finding greater advantage in India as against other investment destinations including China. Zee Business Research Analyst Ashish Chaturvedi identifies a unique trend in this report that shows hos China has lost out! Take a look!
Fri, Dec 04, 2020
A day after the Reserve Bank of India (RBI) asked the HDFC Bank to temporarily stop issuing new credit cards and launching new digital businesses activities, RBI Governor Shaktikanta Das has said that all banks and other financial institutions should invest more on their IT systems and technology to avert such inconvenience for the customers and build trust towards digital payments
MPC voted unanimously to leave the policy repo rate unchanged at 4 per cent; Marginal Standing Facility (MSF) rate and the Bank rate remain unchanged at 4.25 per cent; The reverse repo rate stands unchanged at 3.35 per cent; Continues with the accommodative stance of monetary policy as long as necessary – at least through the current financial year and into the next year
RBI Monetary Policy Review: After days of deliberation, the Monetary Policy Committee (MPC) led by Governor Shaktikanta Das decided not to change key policy rates. Repo rate has been retained at 4 pct, says RBI Governor Shaktikanta Das.
Zee Business Managing Editor Anil Singhvi said that investors should hedge there bets today as the bi monthly monetary policy is to be announced by the Reserve Bank Of India Governor Shaktikanta Das. He said that he was not too excited about the policy announcements this time as there was no room for RBI to come out with some very good announcements
Tue, Dec 01, 2020
The Indian manufacturing sector has continued its sharp rate of expansion, albeit some loss in momentum in November, according to IHS Markit India Manufacturing PMI report released on Tuesday
The government has given conditional waiver on the penalty for non-compliance with QR code provisions for B2C (business-to-consumer) invoices generated by businesses for four months till March 31, 2021
Mon, Nov 30, 2020
There has been an improvement in various indicators of manufacturing in Oct. IIP bounced back to positive territory in Sep while manufacturing PMI rose to 58.9 on Oct-19, the highest since 2008 implying strong expansion in manufacturing activity ahead. Service PMI too rebounded in Oct moving above 50 after 7 months. Eight core industries continue to improve on account of strength in coal production.
The coming week is holiday-shortened (markets closed on Monday) and participants will react to a list of important data and events thereafter. To start with, Indian Stock Markets will see their reaction to GDP numbers, which were announced on Friday after the market closed. On the data front, the auto sales numbers start pouring in from the beginning of the month. Besides, the Markit Manufacturing PMI and Services PMI data are scheduled for December 1 and December 3 respectively. Lastly, the RBI’s MPC will announce its stance on key rates on December 4.
Sat, Nov 28, 2020
With India being an attractive destination for foreign funds despite the pandemic, FDI inflow rose 15 per cent during the April-September period to $30 billion.
Fri, Nov 27, 2020
India's economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on better consumer demand.
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