Economy

In a move to spur economic development in states, Finance Ministry has released an additional instalment of tax devolution to states for June 2024. The total amount released to states …

Indian stock indices continued their uptrend from the past week and opened at fresh record highs at the opening bell on Monday, a day after Prime Minister Narendra Modi and …

The RBI has revised the GDP forecast for the current FY 24-25 to 7.2 per cent from 7 per cent earlier, and the CPI inflation is projected at 4.5 per …

The Reserve Bank of India (RBI) on Friday announced the enhancement of the Contingent Reserve Buffer from 6 per cent to 6.5 per cent. Das today announced the results of …

Reserve Bank of India (RBI) Governor Shaktikanta Das said that Monetary Policy Committee (MPC) has decided to keep the policy repo rate unchanged at 6.5 per cent as retail inflation …

The stock market opened with an unprecedented uptick on Monday, reaching an all-time high after exit polls forecast a decisive victory for the BJP-led NDA coalition, sparking widespread investor optimism. …

The Ministry of Mines has reported a positive start to the fiscal year 2024-25, with a growth in the production of key minerals and aluminium metal in April 2024 in …

India’s gross domestic product (GDP) surpassed all expectations and stood at 7.8 per cent in the January-March quarter. The full-year 2023-24 GDP has been revised upwards to 8.2 per cent …

Growth in India, which already is strong and surging, may become more broad-based across both on the consumer and business spending side, indicated Morgan Stanley. The global investment bank, in …

Last week, two of the major economies in the world, Japan and the UK, fell into recession marked by two consecutive quarters of negative growth. The UK economy grew 0.1% …

India is eyeing to develop a few infrastructure projects in Armenia with a view to boosting connectivity and seamless transfer of goods through Iran and then to the Black Sea …

The crucial state election results—seen by many as a precursor to the general elections slated for next year — will boost investors’ confidence. Several multinational companies that are either looking …

As Russia gears up to acquire the BRICS presidency for 2024, all eyes will be on the expansion of the bloc. To begin with, Argentina, which was officially to join …

Beijing is set to expand its stimulus package amid the deepening economic crisis leading to slowing of growth rate. China, which is expected to set a growth rate target of …

For most Pakistanis the country’s current fragile economic situation is the prime concern. Market research firm Ipsos in its recently conducted Consumer Confidence Index Survey noted that issues such as …

Chinese President Xi Jinping’s glitzy dinner with America’s business tycoons has hit headlines. Xi, who is currently in the US to attend the Asia-Pacific Economic Cooperation (APEC) summit met a …

The ongoing conflict in the Middle East, confined mainly to the Gaza region now, has caused only negligible disruption in India’s trade so far, according to the report based on …

China is in the news. And not for the right reason. At a time when China’s foreign direct investment is slowing, the ongoing crackdown on industry and business leaders in …

India must aim to integrate into global value chains (GVCs) and adapt swiftly to emerging trading systems, the Niti Aayog has said. Besides, enhancing traditional exports of India, increasing female …

The ongoing two-week Jagriti Startup G20 Yatra 2023, a unique initiative, which is now entering its last leg, has particularly caught the attention of investors from Saudi Arabia. The yatra, …

Enhancing trade and investments in the area of food and drugs will be the next focus for India and Saudi Arabia as the two nations shift gears in cementing ties. …