Gross Domestic Product (GDP)
India's Q2 GDP data to be released today: Check how Indian economy is likely to perform in July-September quarter
Wed, Nov 30, 2022
India GDP Data Release: The Reserve Bank of India (RBI) in its report had estimated the real GDP growth at 7 per cent in 2022-23 and 6.3 per cent in Q2. RBI also expects the GDP growth at 4.6 per cent in each Q3 and Q4 – with risks broadly balanced around this baseline path.
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Confident of maintaining asset quality even amid high loan growth, says SBI chairman Dinesh Kumar Khara
Thu, Nov 24, 2022
Speaking at an economics conclave organised by SBI, Khara also exuded confidence that the country's banking system will be able to maintain its high loan growth as banks have internalised learnings from the last high growth cycle.
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Budget 2023: In a wishlist, telecom operators body seeks cut in licence fee; waiver in customs duty for 5G network gear
Tue, Nov 22, 2022
In its Budget wishlist submitted to the finance ministry, the Cellular Operators' Association of India (COAI) has also pushed for abolition of the Universal Service Obligation Fund or USOF.
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Decline in India's forex reserves largely due to valuation changes arising from appreciating US dollar: Sitharaman
Sat, Oct 15, 2022
"India's foreign exchange reserves at USD 537.5 billion as on September 23, 2022, compare favourably with most peer economies. Two-thirds of the decline in reserves is due to valuation changes arising from an appreciating US dollar and higher US bond yields," Sitharaman said.
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Economic growth in India, China, Indonesia will be less affected: S&P Global Ratings
Thu, Oct 13, 2022
According to S&P Global Ratings, it has developed a downside scenario taking into account the increasing risks and the potential for materialization, with a roughly one-in-three likelihood of occurring.
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Money Guru: As India gears up for 75th Independence Day celebration, where should you invest for benefit in New India? Expert decodes
Sat, Aug 13, 2022
Money Guru: In today's edition of "Money Guru" Zee Business Swati Raina held a special discussion on 'New Funds to Invest in New India' with expert Vijay Mantri, Co-Founder of JRL Money.
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UK economy contracts in 2nd quarter as recession fear grows
Fri, Aug 12, 2022
The Office for National Statistics said Britain's gross domestic product fell by 0.1% between April and June, down from 0.8% growth in the previous quarter. GDP shrank by 0.6% in June, and growth estimates for May were revised down from 0.5% to 0.4%.
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Need to boost manufacturing to create jobs, says Mahindra Group chairman Anand Mahindra
Fri, Aug 05, 2022
Addressing shareholders at the company's 76th annual general meeting here, Mahindra said that there are some gaps that need to be filled in to take full advantage of the opportunities arising out for the country.
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How RBI repo rate hike will affect your EMIs and loan tenure - Explained
Fri, Aug 05, 2022
According to the RBI norms, banks are required to link the interest rates of loans with an external benchmark, which is generally the RBI's repo rate. Meanwhile, the bank deposit rates are also likely to increase, bringing some relief to the common man. After the rate hike by the central bank, the timing of taking the loan is crucial for home loan borrowers as they usually borrow at floating rates.
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Will RBI go for steep repo rate hike next week? Axis Bank chief economist Saugata Bhattacharya predicts
Thu, Jul 28, 2022
A hike of such a quantum will take the repo rate beyond the 5.15 percent level, at which the RBI had begun the ultra-accommodative measures in the face of the COVID-19 pandemic, Axis Bank chief economist Saugata Bhattacharya told reporters.
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Nasscom says Cloud adoption can create 14 million jobs, add $380 billion to India's GDP by 2026
Thu, Jul 21, 2022
Large-scale adoption of Cloud has the potential to contribute $380 billion to the country's GDP, creating 14 million direct and indirect employment opportunities by 2026, a Nasscom report showed on Wednesday.
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Indian economy to grow 7.1-7.6%, reign as world's fastest-growing economy: Report
Wed, Jul 13, 2022
In its India's economic outlook - July 2022 report, leading consultancy Deloitte India said that as 2021 was coming to a close, there was optimism in the air but the optimism received a jolt early this year as a wave of Omicron infections swept through the country and Russia's invasion of Ukraine happened in February.
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IRDAI sets a target of 5 years for life insurance companies for greater penetration; proposes state-level committee
Mon, Jul 04, 2022
IRDAI on Monday set a growth target for general and life insurance companies to make insurance products reach more people. A target of 5 years has been set for insurance companies. Zee Business Anurag Shah's report.
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