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Indian renal denervation catheter market to grow at 11% CAGR: Report

Indian renal denervation catheter market to grow at 11% CAGR: Report

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.

World Economic Forum: India's International Confidence Hits High, Says RBI Governor

World Economic Forum: India's International Confidence Hits High, Says RBI Governor

Thu, Jan 18, 2024

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%.

Global warming-induced cyclones rattle coastal economy; Amphan cost: $14 billion

Global warming-induced cyclones rattle coastal economy; Amphan cost: $14 billion

Sun, Jan 14, 2024

The widespread damage to infrastructure also leads to a decline in exports that adversely impacts GDP growth.

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Big boost to India's exports after free trade pact with UAE, up by 16.22%

Big boost to India's exports after free trade pact with UAE, up by 16.22%

Fri, Jul 15, 2022

After implementation of a free trade agreement, India's exports to the UAE rose by 16.22 percent to USD 837.14 million during May-June this year, sources said on Friday.

When will government consider lowering windfall tax as global oil prices decline?

When will government consider lowering windfall tax as global oil prices decline?

Fri, Jul 15, 2022

The fall in the crude oil prices as well as the refining margin for diesel, petrol and aviation turbine fuel, raises the question whether the Indian government should continue with its windfall tax, said CLSA Ltd in a report.

1st summit of 4-nation grouping 'I2U2' announces investment of USD 2 billion

1st summit of 4-nation grouping 'I2U2' announces investment of USD 2 billion

Thu, Jul 14, 2022

First summit of the four-nation grouping 'I2U2' on Thursday announced an investment of USD 2 billion to develop a series of integrated food parks across India and a plan to set up a 300-megawatt hybrid renewable energy project in Gujarat, signalling its near long-term strategic partnership to address major challenges in specific areas

Gem, jewellery exports grow by 21.41% to Rs 25,295 crore in June: GJEPC

Gem, jewellery exports grow by 21.41% to Rs 25,295 crore in June: GJEPC

Thu, Jul 14, 2022

Exports during April-June 2022 rose by 14.6 per cent to Rs 77,049.76 crore (USD 9,983.78 million) compared to Rs 67,231.25 crore (USD 9,110.48 million) during April-June 2021.

What is electric highway and how it works? What Nitin Gadkari said about it

What is electric highway and how it works? What Nitin Gadkari said about it

Thu, Jul 14, 2022

An electric highway generally refers to a road which supplies power to vehicles travelling on it, including through overhead power lines.

Indian economy to grow 7.1-7.6%, reign as world's fastest-growing economy: Report

Indian economy to grow 7.1-7.6%, reign as world's fastest-growing economy: Report

Wed, Jul 13, 2022

In its India's economic outlook - July 2022 report, leading consultancy Deloitte India said that as 2021 was coming to a close, there was optimism in the air but the optimism received a jolt early this year as a wave of Omicron infections swept through the country and Russia's invasion of Ukraine happened in February.

Electric highway between Delhi and Mumbai! Nitin Gadkari reveals what government is planning

Electric highway between Delhi and Mumbai! Nitin Gadkari reveals what government is planning

Tue, Jul 12, 2022

An electric highway generally refers to a road which supplies power to vehicles travelling on it, including through overhead power lines.

World record in Nagpur! Team Maharashtra Metro & Team NHAI achieve this big feat - Full Details

World record in Nagpur! Team Maharashtra Metro & Team NHAI achieve this big feat - Full Details

Mon, Jul 11, 2022

Nitin Gadkari said, "I heartily thank & salute the incredible Engineers, Officers & Workers who persevered day & night to make this day happen. Such development is the fulfillment of the promise by PM Shri @narendramodi Ji's Government on building world class infrastructure in #NewIndia. #GatiShakti"

Rs 2000 cr business! 1st time - Defence Ministry approves these 3 Private Sector Banks to provide financial services in overseas procurement

Rs 2000 cr business! 1st time - Defence Ministry approves these 3 Private Sector Banks to provide financial services in overseas procurement

Fri, Jul 08, 2022

With this for the first time three Private Banks have also been allowed to provide financial services for overseas procurement by MoD.

Government notifies procedural changes in GST rules - details here

Government notifies procedural changes in GST rules - details here

Wed, Jul 06, 2022

The government has notified certain procedural changes in the GST rules, including those related to threshold, for filing annual returns for the 2021-22 fiscal, a move that will help ease the compliance burden on small players.

PM Modi inaugurates Digital India Week, hails technology for its role in the pandemic

PM Modi inaugurates Digital India Week, hails technology for its role in the pandemic

Mon, Jul 04, 2022

PM also applauded the role of technology during the pandemic and said, the power that Digital India has created in the country in the last eight years has helped India a lot in combating the Corona global pandemic.

Pricing flexibility, lower credit cost to help revive NBFC-MFIs profitability this fiscal: Report

Pricing flexibility, lower credit cost to help revive NBFC-MFIs profitability this fiscal: Report

Mon, Jul 04, 2022

Non-Banking Financial Company-Microfinance Institutions (NBFC-MFIs) are likely to see revival in their profitability in the current fiscal, helped by the flexibility to set lending rates under the new regulatory framework for MFIs and lower credit cost, according to a report

Crisil cuts FY23 GDP growth estimate to 7.3%

Crisil cuts FY23 GDP growth estimate to 7.3%

Fri, Jul 01, 2022

Factors contributing to the broad-based rise in inflation will include the impact of this year's heatwave on domestic food production, coupled with persisting high international commodity prices and input costs, it said.

US stocks see worst first half drop in over 50 years

US stocks see worst first half drop in over 50 years

Fri, Jul 01, 2022

US stocks have seen their worst first half of a year since 1970, as concerns grow over how steps to curb inflation will affect economic growth.

Rupee hits record low of 79.11 against US dollar in early trade

Rupee hits record low of 79.11 against US dollar in early trade

Fri, Jul 01, 2022

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.21 per cent higher at 104.90.

Retail inflation for industrial workers rises to 6.97% in May

Retail inflation for industrial workers rises to 6.97% in May

Thu, Jun 30, 2022

"Year-on-year inflation for the month (May) stood at 6.97 per cent compared to 6.33 per cent for the previous month and 5.25 per cent during the corresponding month a year before," the Ministry of Labour and Employment said

GST Council Meeting: Full details of goods and services, where rates hiked or slashed

GST Council Meeting: Full details of goods and services, where rates hiked or slashed

Thu, Jun 30, 2022

Government has announced increase in Goods and Services Tax (GST) on several items including those related to kitchenware, stationary, LED lamps, lights and fixtures. The decision was taken during the two-day GST Council meeting that eneded on 29 June

HDFC NIMs to be under pressure for a quarter: Parekh

HDFC NIMs to be under pressure for a quarter: Parekh

Thu, Jun 30, 2022

HDFC Chairman Deepak Parekh on Thursday said the largest pure-play home financier may face a compression of its Net Interest Margin (NIM) in the short term as it is unable to immediately pass on the impact of RBI's rate hike to borrowers.

Andhra Pradesh, Gujarat, Haryana, Karnataka, Punjab, Tamil Nadu and Telangana are the Top Achievers in BRAP 2020

Andhra Pradesh, Gujarat, Haryana, Karnataka, Punjab, Tamil Nadu and Telangana are the Top Achievers in BRAP 2020

Thu, Jun 30, 2022

Assessment of States/UTs based on implementation of Business Reforms Action Plan for the year 2020 declared.

PM Modi inaugurates 'Raising & Accelerating MSME Performance' scheme

PM Modi inaugurates 'Raising & Accelerating MSME Performance' scheme

Thu, Jun 30, 2022

The scheme aims to scale up the implementation capacity and coverage of Medium Small and Micro Enterprises (MSME)in the states, with impact enhancement of existing MSME schemes.

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