Thu, Jan 18, 2024
The renal denervation catheters market in India is expected to grow at a compound annual growth rate of around 11 per cent between 2024 and 2033, according to a report.
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Reserve Bank of India (RBI) Governor Shaktikanta Das, speaking at the World Economic Forum 2024, highlighted a surge in international confidence towards India. He cited the National Statistics Office (NSO) revising India's FY23 growth projection to 7.3%, surpassing the RBI's own 7% estimate, as evidence of this positive sentiment. Additionally, Das expressed optimism for FY24, stating he "senses" India's GDP growth will reach 7%.
Sun, Jan 14, 2024
The widespread damage to infrastructure also leads to a decline in exports that adversely impacts GDP growth.
Tue, Sep 27, 2022
RBI Monetary Policy: The all important Reserve Bank of India Monetary Policy Committee meeting begins tomorrow. The three-day meeting will be followed by the announcements by Governor Shaktikanta Das on Friday. The Central Bank is expected to increase rates by 50 bps
Economic affairs secretary Ajay Seth on Tuesday dismissed the concerns over depletion of forex reserve as "overblown" and said India has fairly large reserve to tide over the current situation.
Prime Minister Narendra Modi will hold a meeting with the council of ministers tomorrow at 5 pm to discuss on inflation and economy.
Mon, Sep 26, 2022
The RBI Governor-headed Monetary Policy Committee (MPC) is scheduled to start its three-day deliberations on Wednesday. The decision of the rate-setting panel would be announced on Friday (September 30).
Sat, Sep 24, 2022
India is on track to attract USD 100 billion foreign direct investment (FDI) in the current fiscal on account of economic reforms and ease of doing business, the government said on Saturday.
Fri, Sep 23, 2022
Asked about the rupee hitting a record low against the US dollar, Sitharaman said the government looks at every aspect of the economy. "Be it inflation, exchange rate...We are looking at everything," the minister said.
Wed, Sep 21, 2022
Talking about his recent visit to Saudi Arabia, the minister said there is huge potential to increase cooperation in areas like fintech, education, infrastructure, renewable energy, e-commerce, e-gaming and health.
Tue, Sep 20, 2022
Speaking at the event on fintech, Nageswaran said the government is moving from financial inclusion to financial empowerment and the focus in the decade to 2030 is on helping people access financial services like credit and insurance using the base of the accounts opened earlier.
K V Kamath said all the necessary policies and framework related to NaBFID have been done. "We are on schedule (that) the government has in mind," he said adding as many as 12 board meetings of the bank have already taken place.
Mon, Sep 19, 2022
IFC is the private sector funding arm of the World Bank.
FOMC Meeting September 2022 Live Updates: The Federal Reserve raised its target interest rate by three-quarters of a percentage point to a range of 3.00%-3.25% on Wednesday and signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the
Sun, Sep 18, 2022
DFS secretary Sanjay Malhotra said in the last decade industries' share in the overall credit by banks has decreased by 16 percentage points to 26 per cent, and the same needs to increase.
Sat, Sep 17, 2022
The widening trade deficit, or the gap between the value of imports and exports, puts pressure on the balance of payments.
Fri, Sep 16, 2022
It is worth mentioning that several major currencies have been struggling against the dollar in recent months.
Thu, Sep 15, 2022
The FSDC meeting, which was attended by financial sector regulators and officials, also took note of the preparation in respect of financial sector issues to be taken up during India's G20 Presidency in 2023
Zee Business Top Picks 15th Sep'22: Infosys' shares tanked 3 per cent on Thursday on rating downgrade by Goldman Sachs.
As per official GDP estimates, the Indian economy expanded 13.5 per cent in June quarter, higher than 4.10 per cent growth clocked in January-March
According to Commerce Ministry data, India's merchandise exports went up by 1.62 per cent to $33.92 billion in August 2022 against $33.38 billion recorded in the corresponding period of last year.
Wed, Sep 14, 2022
Beauty products showing the ‘appearance’ of the economy. After lipstick now there is perfume index. What is this perfume index? Know interesting research from Nupur.
Tue, Sep 13, 2022
The month recorded the highest ever exits at USD 3.1 billion, making it the best month from sell-offs perspective, according to the report by industry lobby IVCA and the consultancy firm EY.
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