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.
Thu, Feb 24, 2022
Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday said that the Indian economy is now poised for recovery but high crude oil price is a cause for concern.
"We have raised our 2022 calendar year growth forecasts for India to 9.5 per cent from 7 per cent, and maintained our forecast for 5.5 per cent growth in 2023. This translates into 8.4 per cent and 6.5 per cent in fiscal years 2022-23 and 2023-24, respectively," Moody's said in a statement
Tue, Feb 22, 2022
India Ratings has revised upwards its outlook on the microfinance sector to 'neutral' from 'negative' next fiscal, on the back of a revival in growth that could clip at 30 per cent.
The Financial Stability and Development Council (FSDC) meeting attended by various financial sector regulators, including RBI Governor Shaktikanta Das, comes against the backdrop of rising tension between Russia and the US over Ukraine
India's fuel demand is likely to grow 5.5 per cent in the fiscal year beginning April 1 as economic activity picks up after devastation caused by the pandemic, government estimates showed on Tuesday
Mon, Feb 21, 2022
Union Finance Minister Nirmala Sitharaman on Monday said banks need to focus more on being customer-friendly so that the process of availing credit becomes more hassle-free for borrowers.
Sun, Feb 20, 2022
We spoke to Anand Shah, Head - PMS and AIF Investments, ICICI Prudential AMC on markets, the economy as well as how he picks stocks for his Contra Strategy. The Strategy has been among the top-performing diversified PMS strategies on a 1-month and 1-year to 3-year basis. Shah has more than two decades of rich fund management experience in the Asset Management industry.
The country's services export is expected to reach USD 325 billion in 2022-23 on account of increasing demand for all kinds of services and gradual resumption of regular international travels.
Management of business would be written afresh in the phase of post-Covid economic recovery and some significant new concepts would be incorporated for their long term relevance -- compelled by the `evolutionary` impact of the pandemic.
Sat, Feb 19, 2022
The trade agreement was signed during a virtual summit held by Prime Minister Narendra Modi and Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan.
Fri, Feb 18, 2022
Finance Minister Nirmala Sitharaman on Friday emphasised the need for bridging the infrastructure funding gap and developing innovative financing mechanisms for an inclusive growth in the sector.
Wed, Feb 16, 2022
The 2022-23 Budget proposals and the recent monetary policy announcements have set the tone for a durable and broad-based economic revival which has started gaining traction as the nation emerges from the third wave of the COVID-19 pandemic, according to an RBI article.
Indian economy is projected to grow at the fastest pace among the league of large nations, according to the Finance Ministry's Monthly Economic Review. The report credits the fast pace of growth to various measures taken by the government in Budget 2022-23.
The Gasoil and the Gasoline sales by the state fuel refineries were up by 6.7 per cent and 7.3 per cent, respectively from February 1 to 15, 2022, as per a Reuters report.
Mon, Feb 14, 2022
The ongoing Russia-Ukraine crisis is expected to impact the commodity prices, Market Expert Ajay Bagga tells Zee Business Managing Editor Anil Singhvi in an exclusive interview.
Sat, Feb 12, 2022
Unwinding of lockdown restrictions as well as RBI`s monetary policy stance are expected to boost India`s industrial output.
Fri, Feb 11, 2022
Union Revenue Secretary Tarun Bajaj on Friday said that the country's fiscal deficit will come down once revenues start to grow.
Wed, Feb 09, 2022
Will RBI change interest rates this time? How much increase in interest rates is possible? With all these questions Zee Business conducted a poll.
RBI Monetary Policy Feb 2022 Announcements, MPC Meeting Outcome: This was the first MPC meeting after presentation of Budget 2022-23 in Parliament on February 1.
Young consumers' willingness to spend more for sustainable products and services find a top spot in a study published by Credit Suisse Research Institute (CSRI).
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