Economy

With India experiencing strong economic growth, the Reserve Bank of India (RBI) is unlikely to announce any rate cuts in its upcoming monetary policy meeting, says a report from the …

With government’s digital initiatives, India’s financial ecosystem has undergone a paradigm shift over the last few years. A recent report by Ask Capital says with enablers like deep internet penetration …

Union Finance Minister Nirmala Sitharaman, during her address at the Uzbekistan-India Business Forum on Friday, emphasised the vast trade opportunities between India and Uzbekistan. She pushed for increased trade and …

India’s foreign exchange reserves scaled a new high of USD 692.296 billion, jumping by USD 2.838 billion in the week that ended on September 20, as per the data released …

India surpassed Japan to become the third-largest power in the Asia Power Index, according to an official statement by Ministry of Information and Broadcasting on Wednesday. The ministry highlighted that …

The stock market on Tuesday opened on a flat note but immediately Sensex crossed the 85,000 mark at 85,001.42 and NSE touched all-time high of 25,975 points mainly on account …

The average debt owed by every Pakistani citizen has reached a staggering high. Notably, the current severe situation of finances for the country is due to a habit of successive …

The value of digital payments has surged to Rs 1,669 lakh crore in the first five months (April-August) of the current financial year 2024-25, according to Union Finance Ministry. The …

Union Finance Minister Nirmala Sitharaman has urged the Ministry of Housing and Urban Affairs (MoHUA) to ensure that the capital expenditure (Capex) target for the financial year 2024-25 is met …

India produced 384.07 million tonnes (MT) of coal overall between April and August of 2024, up 6.36 per cent from 361.11 MT in the same period the previous year, the …

The industry leaders welcomed the GST council’s decision on rate cuts and policy adjustments in various sectors. In a significant move to provide relief across various sectors, the GST Council, …

India’s power generation and transmission sectors are poised for substantial growth, and as the country enters a phase of capex-driven GDP growth, the power intensity should rise, said Jefferies in …

The potential market opportunity for Indian defence companies is expected to rise at 14 per cent CAGR (compound annual growth rate) over financial year (FY) 2024-FY 2030E (estimated), driven by …

India’s trade with Kuwait has surged remarkably, with Indian exports to the Gulf nation reaching an impressive USDS 2.10 billion in the fiscal year 2023-24, as per the official data …

India has overtaken China in terms of its weightage in the MSCI Emerging Markets Investable Market Index (MSCI EM IMI) say official sources citing Morgan Stanley data for September 2024. …

RBI Governor Shaktikanta Das stated that the rural demand of the Indian economy has picked up as the private consumption and investment expanded in the latest quarter GDP numbers. Speaking …

India’s hospitality industry is projected to grow at a Compound annual growth rate (CAGR) of 10.5 per cent over the next three years, Axis Securities said in its latest sectoral …

Union Minister of Road Transport and Highways, Nitin Gadkari, asked states to pitch for reducing GST on flex-engine cars. Gadkari stated that the government needs the support of the states …

Goods and Services Tax (GST) collections in August, in gross terms, were at Rs 1.74 lakh crore, with a yearly jump of 10 per cent, data showed on Sunday. In …

A London-based independent think tank has highlighted the severity of the economic downfall faced by Beijing and claimed that the Chinese government is still not ready to make major changes …

Defence Minister Rajnath Singh on Friday stated that the Indian economy has now improved to ‘Fabulous Five’ from the ‘Fragile Five’ before 2014. The minister also added that the Indian …