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.
More >
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.
Mon, Aug 01, 2022
This is the sixth time that the monthly GST collection crossed the Rs 1.40-lakh-crore mark since the inception of Goods and Services Tax and the fifth month at a stretch since March 2022, she said.
While both new orders and output grew at their fastest pace since November, both input and output prices increased at their slowest rate in several months in a further boost to demand.
Fri, Jul 29, 2022
Notably, US President Joe Biden and top officials of the government have dismissed fears of the country's economy sinking into a recession.
Thu, Jul 28, 2022
The decline that the Commerce Department reported Thursday in the gross domestic product ? the broadest gauge of the economy ? followed a 1.6% annual drop from January through March
At 1.5 per cent of total deposits as of July 1, 2022, CDs are yet to touch the peak level of June 2011 when they were at 8.3 per cent of total deposits, the agency said
The RBI said the decision of the MPC will be known on August 5 as against the earlier schedule of August 4.
Wed, Jul 27, 2022
The proposed digital ecosystem would help the concessional financing and credit guarantee to be better targeted to those sectors that are experiencing difficult economic conditions due to external factors beyond their control.
Tue, Jul 26, 2022
Akasa Air aims to induct 18 aircraft by the end of March 2023, focusing on connecting metro to tier-2 and tier-3 cities.
This is 22 per cent lower than the Rs 24,000 crore that was initially indicated for the week, according to an analysis by rating agency Icra.
Tata Power Q1FY23 Results: Consolidated PAT before Exceptional Items up by 90% at ₹884 crore vs ₹466 crore in Q1FY22 (due to improved performance across all businesses mainly profit from Coal Companies)
Fri, Jul 22, 2022
"We have zero tolerance for high volatility and bumpy movements," he said while speaking about rupee.
Days after the domestic currency breached the 80-level against the dollar, Das said Reserve Bank of India (RBI) has zero tolerance for volatile and bumpy movement in the rupee and added that the central bank actions have helped in smoother movement.
Economists who participated in the survey opined that the global economy's prognosis in 2023 will be determined by the inflation trajectory, the extent of interest rate hikes required to maintain price stability, and the impact of higher rates on household consumption and investment demand.
Thu, Jul 21, 2022
There is another aspect to the fall in Rupee value, adding that exporters make profits when the value depreciates
The Bond Calculator aims to remove complexity of bond calculations and provide easy solutions even when on the move.
Wed, Jul 20, 2022
Private equity players and venture capital funds have pumped in 28 per cent more money into domestic companies, mostly into startups, totalling USD 34.1 billion in the first half of the year, according to a report.
Policy premiums have gone up twice in 18 months and it is unlikely that they would go up again at least in the foreseeable future, Niraj Shah, CFO at HDFC Life Insurance Company says
Tue, Jul 19, 2022
Finance ministry on Tuesday said that the economy is on course to achieve projected 8-8.5 per cent growth based on high-frequency indicators for the first quarter of the current fiscal
Mon, Jul 18, 2022
Government and RBI (Reserve Bank of India) regularly issue guidelines and have taken several initiatives aimed at resolution of long-standing stressed assets on the books of banks as well as timely identification and recognition of stress immediately upon default and take corrective action for mitigation of the same.
Fri, Jul 15, 2022
States have budgeted 36 per cent higher capital expenditure during this financial year, which may lead to a sharp rise in their fiscal deficit to Rs 8.4 lakh crore, a report said on Friday
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
