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Mcap of four of top 10 most-valued firms rises by Rs 65,671 crore

Mcap of four of top 10 most-valued firms rises by Rs 65,671 crore

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.

India's space economy set to reach USD 40 billion by 2040: Union Minister Jitendra Singh

India's space economy set to reach USD 40 billion by 2040: Union Minister Jitendra Singh

Sun, Nov 26, 2023

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.

Germany's economy shrank, and it's facing a spending crisis that's spreading more gloom

Germany's economy shrank, and it's facing a spending crisis that's spreading more gloom

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.

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Govt to sell 30 lakh tonnes of wheat in open market till March to control prices of wheat, atta

Govt to sell 30 lakh tonnes of wheat in open market till March to control prices of wheat, atta

Wed, Jan 25, 2023

As per the government data, the average prices of wheat across major cities stood at Rs 33.43 per kilogram on Wednesday, up from Rs 28.24 per kg a year-ago. Average prices of atta (wheat flour) stood at Rs 37.95 per kg as against Rs 31.41 per kg a year ago.

India’s economic fortunes critical for global growth, its rise being welcomed by world: Kumar Mangalam Birla

India’s economic fortunes critical for global growth, its rise being welcomed by world: Kumar Mangalam Birla

Tue, Jan 24, 2023

The Chairman of Aditya Birla Group opines that the world's approach towards a ‘China +1’ alternative augurs well for India and it remains a “clear choice” for the world

Budget 2023: Boosting India's manufacturing sector - Experts shed light

Budget 2023: Boosting India's manufacturing sector - Experts shed light

Sun, Jan 22, 2023

According to the experts, the Budget 2023-24 may benefit the sector significantly as the government intends to provide a significant boost to manufacturing while focusing on increasing private investment and exports.

Budget 2023 EXCLUSIVE: Govt may extend 15% corporate tax levy deadline beyond 31 March 2024

Budget 2023 EXCLUSIVE: Govt may extend 15% corporate tax levy deadline beyond 31 March 2024

Wed, Jan 18, 2023

The government could extend timeline of 15 per cent corporate tax levy on companies who have got registered in 2019 or after, beyond 31 March 2024 in the upcoming Budget 2023, Zee Business’ Tarun Sharma reports citing his top sources

Free trade agreements, involvement of states, missions to help promote exports: IIPM Director Joshi

Free trade agreements, involvement of states, missions to help promote exports: IIPM Director Joshi

Wed, Jan 18, 2023

"India is also in the process of actively evaluating its existing Free Trade Agreements (FTAs) and engaging in newer ones to benefit its own economy," Joshi said.

China's economic recovery needs a stimulus package: S&P Global

China's economic recovery needs a stimulus package: S&P Global

Wed, Jan 18, 2023

A sharp rebound is expected in the second quarter of the current year.

Budget 2023: What is Finance Bill and how is it different from Money Bill?

Budget 2023: What is Finance Bill and how is it different from Money Bill?

Tue, Jan 17, 2023

Finance Bill: The finance bill is a part of the Union Budget which is introduced in the Lok Sabha on the same day when the Budget is presented.

UK agrees to not impose 4% countervailing duty on Indian steel bars, rod; move to benefit domestic exporters

UK agrees to not impose 4% countervailing duty on Indian steel bars, rod; move to benefit domestic exporters

Mon, Jan 16, 2023

India's trade defence wing (TDW) has held bilateral meetings at WTO and argued against the extension of CVD against Indian exporters

World Economic Forum 2023: Banking system positioned well to support India growth story, says Axis Bank MD and CEO Amitabh Chaudhry

World Economic Forum 2023: Banking system positioned well to support India growth story, says Axis Bank MD and CEO Amitabh Chaudhry

Mon, Jan 16, 2023

If the economy grows, deposits will come back and any lacking in this regard will not go unnoticed by the government and the Reserve Bank of India (RBI), Axis Bank MD & CEO Amitabh Chaudhry tells Swati Khandelwal. He said that they will take adequate action to infuse liquidity into the system

Budget 2023: From Nirmala Sitharaman's longest budget speech to 'most words' in budget speech - Interesting facts of Indian budget speeches

Budget 2023: From Nirmala Sitharaman's longest budget speech to 'most words' in budget speech - Interesting facts of Indian budget speeches

Fri, Jan 13, 2023

Budget 2023: Union Budget for the financial year 2023-24 will be presented on February 1 by Finance Minister Nirmala Sitharaman.

Centre less optimistic on private consumption expenditure: Motilal Oswal report

Centre less optimistic on private consumption expenditure: Motilal Oswal report

Thu, Jan 12, 2023

The Central Statistics Office (CSO) has pegged real GDP growth at 7 per cent YoY in FY23E, similar to our forecast of 6.9 per cent, but slightly higher than the Reserve Bank of India's (RBI) assumption of 6.8 per cent YoY, Motilal Oswal said.

Cabinet approves setting up of 3 new cooperative societies

Cabinet approves setting up of 3 new cooperative societies

Wed, Jan 11, 2023

Briefing media, Union Minister Bhupender Yadav said, "Cooperatives that are associated with farmers, farmers' income and agriculture production are an important part of rural India. The Cabinet today took three main decisions in the field of cooperatives".

World Bank sees India growth slowing to 6.6% next fiscal

World Bank sees India growth slowing to 6.6% next fiscal

Wed, Jan 11, 2023

The growth rate of 6.9 per cent in current fiscal year (April 2022 to March 2023) compares with 8.7 per cent in the previous year. For 2024-25, the growth rate is projected at 6.1 per cent.

Tariff hike-led revenue growth, 5G key events for telecom in 2023, decisive year for VIL: Report

Tariff hike-led revenue growth, 5G key events for telecom in 2023, decisive year for VIL: Report

Wed, Jan 11, 2023

According to CLSA's outlook, 2023 will have three trends to watch out for when it comes to India's mobile market. Among them will be 5G rollouts and monetisation led by top-end subscribers.

India's startup economy stares at deepening funding winter in 2023

India's startup economy stares at deepening funding winter in 2023

Sat, Jan 07, 2023

Indian startups, which saw a massive 35 per cent drop in funding in 2022 -- from $37.2 billion in 2021 to $24.7 billion (till November) -- are bracing themselves for a deepening funding winter in 2023 as recession fears loom.

Baltic Dry Index Falls Further After Record Drop, Watch Details In This Report

Baltic Dry Index Falls Further After Record Drop, Watch Details In This Report

Fri, Jan 06, 2023

Baltic dry index fell further after record drop. What is the connection of index with economy? Why is the Baltic Dry continuously diving? Know full details from Varun.

Govt's paddy procurement rises 10% to 541.90 lakh tonne

Govt's paddy procurement rises 10% to 541.90 lakh tonne

Wed, Jan 04, 2023

The government aims to procure 775.72 lakh tonne of paddy in the 2022-23 kharif marketing season (October-September).

SBI, ICICI Bank, HDFC Bank continue to remain systemically important banks: RBI

SBI, ICICI Bank, HDFC Bank continue to remain systemically important banks: RBI

Mon, Jan 02, 2023

The additional Common Equity Tier 1 (CET1) requirement for D-SIBs was phased-in from April 1, 2016 and became fully effective from April 1, 2019

Corporate tax to GDP ratio exceeds 3% after two years in FY2022

Corporate tax to GDP ratio exceeds 3% after two years in FY2022

Sun, Jan 01, 2023

Corporate tax collections exceeded 3 per cent of the GDP after a gap of two years in 2021-22, reflecting overall improvement in profitability of India Inc propelled by increase in demand for goods and services

Budget 2023 Expectation: PHDCCI pitches for increasing health budget by 30-40 %

Budget 2023 Expectation: PHDCCI pitches for increasing health budget by 30-40 %

Fri, Dec 30, 2022

Industry body PHDCCI on Thursday said the health budget should be increased by 30-40 per cent as there is a growing need for health facilities and infrastructure across the country.

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