India’s Business Activity Hits 3-Month High in Nov Amid Rising Costs
India’s business activity saw its fastest growth in three months in November, driven by a strong services sector and record job creation, despite a surge...
Category : ECONOMY
RBI Defends Currency Moves to Protect Economy
The RBI stated in its monthly bulletin that India aims to keep its currency stable to safeguard the economy from global risks. They addressed criticism...
India’s GDP Might Slip to 6.5%; ICRA Maintains it at 7% for FY25
ICRA, a domestic rating agency, stated on Wednesday that heavy rains and poorer corporate performance will likely cause India’s real GDP growth for the September...
Key Takeaways from FM at the 11th SBI Banking and Economics Conclave
Finance Minister Nirmala Sitharaman emphasised the need for lower borrowing costs to boost industrial growth and capacity expansion, addressing inflation concerns and the broader economic...
Govt Likely to Surpass FY25 Direct Tax Target: CBDT Chief
The government is set to surpass the Rs 22.07 lakh crore direct tax collection target for FY25, according to CBDT Chairman Ravi Agarwal. Taxpayers with...
India to Lead Global Economy and AI: John Chambers
John T. Chambers, ex-Cisco chairman, predicts India will soon become the top global economy, highlighting its AI, defence, and job-creation potential at the CNBC-TV18 Global...
India and China Set to Shape the Global Economy’s Future
Singapore and Southeast Asia should maintain strong ties with both India and China, given their crucial roles in regional growth, stated Singapore’s Senior Minister of...
India’s Edible Oil Imports Fall 3% to 159.6 Lakh Tonnes in 2023-24
India’s edible oil imports fell by 3.09% to 159.6 lakh tonnes in 2023-24, driven by higher domestic oilseeds production and reduced demand amid rising prices,...
Reserve Bank of India (RBI) Issues Framework for Reclassification of FPI to FDI
On Monday, the Reserve Bank of India issued a framework for reclassifying foreign portfolio investor (FPI) investments to foreign direct investment (FDI) if the entity...
Trump-Led US Regime Expected to Boost India Trade in Defence and Technology
Experts and former ambassadors anticipate strengthened India-US cooperation and trade growth with Donald Trump as the newly elected President. With many major companies opening or...