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, Feb 08, 2022
RBI Monetary Policy Expectations LIVE UPDATES: The Reserve Bank's rate-setting panel began its three-day deliberations on Tuesday to decide the next monetary policy in the backdrop of Budget 2022-23, inflationary concerns and evolving geo-political situation.
Mon, Feb 07, 2022
India`s central bank is expected to hold its repo rate steady on Thursday but several economists are expecting an increase in the reverse repo rate as part of a process to reduce surplus liquidity poured into markets earlier in the pandemic.
Fri, Feb 04, 2022
Chari expect the RBI and the MPC to re-calibrate its monetary policy stance in its meeting next week.
RBI is unlikely to change key policy rates next week according to US brokerage firm Bank of America Securities.
Thu, Feb 03, 2022
Indian government may reduce its planned record market borrowing of 14.95 trillion rupees ($200 billion) by as much as 600 billion rupees for the next fiscal year, Reuters reported citing two government sources
Wed, Feb 02, 2022
Budget 2022: Surety bonds could now be used for government procurements which augurs well for the insurance sector and infrastructure sector, Zee Business’ Anurag Shah reported. The announcement was made by Finance Minister Nirmala Sitharaman in her Union Budget 2022
Tue, Feb 01, 2022
An entity can be termed as a currency only if it is issued by a Central Bank even if it is a crypto, Finance Minister Nirmal Sitharaman today said in her post Budget 2022 press conference
Revenue Secretary Tarun Bajaj said that the move is to push the petroleum companies to do [ethanol] blending. “Our desire is not to collect this tax because the tax will be very minimal but the desire is that the blending happens…to that extent it benefits the country,” he added
Niranjan Hiranandani talks about the budget and what it holds for the economy and real estate sector among others during an exclusive interview with Anil Singhvi, Managing Editor, Zee Business.
Union Minister Nirmala Sitharaman today announced that the Reserve Bank of India (RBI) will launch digital rupee during this year. The Digital rupee will be issued using blockchain and other technologies and will be issued by RBI starting 2022-23.
Finance Minister Nirmala Sitharaman today announced a slew of measures for the agriculture sector and the Indian farm communities. Use of Kisan Drones to be promoted for crop assessment. Chemical-free Natural farming to be promoted throughout the country, with focus on farmers' lands in 5-km-wide corridors along the river Ganga in the first stage, the FM further said
Here are the key numbers to watch out for in the Budget for 2022-23.
The Narendra Modi Government has announced a budget allocation of Rs 525166.15 cr for FY23 for recapitalizing the public sector banks (PSBs), which is up XX per cent over the outlay announced during the Budget 2021
Budget 2022: The Narendra Modi Government has announced a budget allocation of Rs 140367.13 cr for FY23 for the Indian Railways, which is up 27.5 per cent over the outlay announced during the Budget 2021
Mon, Jan 31, 2022
The Budget 2022 will be presented around 11 am on 1st February 2022.
Supply-side management kept prices of most essential commodities under control during the year, the Economic Survey 2022 noted. The retail inflation, as measured by CPI-C moderated to 5.2% in 2021-22 (April-December) from 6.6% in corresponding period of 2020-21, the Economic Survey 2021-22 says
India was the fourth largest forex reserve holder as of December 2021 accoring to the Economic Survey 2022 released on Monday. The continuous inflow of the forex reserve has trasnsformed india from the earlier Fragile Five countries to the the fourth largest forex reserve holder, the survey noted
India’s Gross Domestic Product (GDP) growth rate is expected to be between 8-8.5 per cent for the Financial Year 2023 according to the estimates by the government.
Wed, Jan 26, 2022
Gita Gopinath takes over as International Monetary Fund’s (IMF) first Deputy Managing Director today as she stepped down for the position of Chief Economist. She will be succeeded by Pierre-Olivier Gourinchas, a French economist
The IMF on Tuesday cut India's economic growth forecast by 0.5 percentage points to 9 per cent for the current fiscal year, with its Chief Economist Gita Gopinath saying that the slight downgrade is mainly due to the impact of the spread of the Omicron variant.
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