Sat, Dec 09, 2023
Addressing the valedictory session of the Uttarakhand Global Investors Summit here, Shah said India has grown exponentially on every front over the past one decade due to the farsighted and visionary leadership of Prime Minister Narendra Modi.
Tue, Dec 05, 2023
India is poised to become the world's third-largest economy by 2030 with an estimated 7 per cent GDP growth in 2026-27, according to a S&P Global Ratings forecast released on Tuesday.
Japan's economy is facing headwinds, with high inflation taking a toll on household spending and slowing global demand, including in China, adding pressure on manufacturers.
Mon, Nov 30, 2020
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.
Indian economy is likely to have shown signs of a pick-up in the quarter to September after a record contraction the previous quarter, and is expected to recover early next year on hopes of better consumer demand fed by progress on coronavirus vaccines.
Wed, Nov 25, 2020
More than 40 lakh new subscribers have been enrolled under the Atal Pension Yojana (APY), government's pension scheme, so far this fiscal year, said a release on Tuesday
Mon, Nov 23, 2020
A panel of officials attached to the GST (Goods and Services Tax) Council has proposed an overhaul of the GST registration process and suspension of the registration of businesses identified as risky. The proposals are among the set of proposals before the GST Council
The GST Council's law committee has suggested that a fresh registrant must go for compulsory physical verification and personal identification in case opting for non-Aadhaar authentication based registration process and he or she does not have income-tax return supported adequate financial capability
Sat, Nov 21, 2020
The US economy could see slower and even negative growth once again in the first quarter of 2021 due to soaring Covid-19 infections, newly imposed restrictions as well as smaller and slow stimulus measures, according to multiple investment research institutions.
Thu, Nov 19, 2020
Modi government's special micro-credit facility PM SVANidhi-Pradhan Mantri Street Vendor’s Atma-Nirbhar Nidhi launched to help small vendors hit due to the Covid 19 onslaught, has disbursed 788,438 loans out of the 1,434,436 that have been sanctioned, according to a government release. The government has received 2,733,497 applications
Tue, Nov 17, 2020
Former Haryana chief minister Bhupinder Singh Hooda and state Congress president Kumari Selja on Tuesday demanded compensation for farmers in the state who suffered losses due to hailstorm two days ago.
Sun, Nov 15, 2020
Negative real rates in India and recovering growth alongside high inflation suggest its central bank has little room for more monetary stimulus, but policy is likely to stay accommodative, economists and analysts said.
Fri, Nov 13, 2020
The finance ministry on Friday said a dedicated e-mail ID would be created to receive suggestions from industry bodies and experts on the Union Budget 2021-22, instead of physical pre-Budget consultations that have been happening over the years
Thu, Nov 12, 2020
Retail inflation remained above 7% in October for a second straight month as vegetable prices stayed at elevated levels, worrying policymakers, who are struggling to pull Asia`s third largest economy from a deep slump.
The Centre will allocate Rs 18,000 crore more to the Pradhan Mantri Awas Yojana (PMAY) - Urban for building houses for middle income and economically weaker sections of the country
The GDP is likely to contract by 8.6 per cent for the July-September period, which means India will enter into a recession for the first time in history in the first half of this fiscal, an RBI official has revealed. This comes on the back of two successive quarters of negative growth due to the COVID-19 pandemic.
The government has notified mandatory requirement of e-invoicing for B2B transactions for businesses with a turnover of over Rs 100 crore with effect from January 1, 2021.
The government has notified mandatory requirement of e-invoicing for B2B transactions for businesses with a turnover over Rs 100 crore with effect from January 1, 2021
Fri, Nov 06, 2020
Prime Minister Narendra Modi on Thursday wooed global investors by showcasing the recent agriculture and labour reforms and faster-than-anticipated reflating of the economy and asserted that the government will do whatever it takes to make India the engine of global growth resurgence.
Former governor of the Reserve Bank Of India (RBI) C Rangarajan on Thursday said the decline in the growth of the economy triggered by COVID-19 was like a coma that stays for a short period
Wed, Nov 04, 2020
The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved a Memorandum of Understanding between India and Israel on cooperation in the field of health and medicine.
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