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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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Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED

Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED

Fri, Jan 08, 2021

Even as job growth remains weaker than it was pre-pandemic, JM Financial sees the outlook on consumption strengthening. Notably, land prices are exhibiting momentum after almost 5 years accompanied by a 2-year high growth in currency in circulation. While the sustainability of this rise, and the consequent wealth effect and inflation trigger remains a key monitorable, other consumption drivers too appear favourable.

Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED

Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED

Fri, Jan 08, 2021

Indian markets received a second month of record FII flows in December, powering BSE Sensex, NSE Nifty and other indices to new records. The rally was driven by continued strong FII inflows in December which stood at a record Rs 62016 cr on the back of Rs 60358 cr inflows in November 2020. Continued improvement in underlying economic conditions coupled with a global risk on environment post the US elections has led to record flows into Indian equities.

Economy is back on track, GST collection at all time high

Economy is back on track, GST collection at all time high

Fri, Jan 01, 2021

There is good news for the countrymen on the new year where there is a tremendous improvement in the economy of the country.

Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!

Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!

Thu, Dec 10, 2020

There is an interesting action happening in terms of fund flows in India. Sovereign funds are finding greater advantage in India as against other investment destinations including China. Zee Business Research Analyst Ashish Chaturvedi identifies a unique trend in this report that shows hos China has lost out! Take a look!

Banks need to invest more in IT, tech: RBI Guv on HDFC Bank outage

Banks need to invest more in IT, tech: RBI Guv on HDFC Bank outage

Fri, Dec 04, 2020

A day after the Reserve Bank of India (RBI) asked the HDFC Bank to temporarily stop issuing new credit cards and launching new digital businesses activities, RBI Governor Shaktikanta Das has said that all banks and other financial institutions should invest more on their IT systems and technology to avert such inconvenience for the customers and build trust towards digital payments

RBI Credit Policy Highlights - Top 10 Points: Missed announcement? Know key takeaways in brief

RBI Credit Policy Highlights - Top 10 Points: Missed announcement? Know key takeaways in brief

Fri, Dec 04, 2020

MPC voted unanimously to leave the policy repo rate unchanged at 4 per cent; Marginal Standing Facility (MSF) rate and the Bank rate remain unchanged at 4.25 per cent; The reverse repo rate stands unchanged at 3.35 per cent; Continues with the accommodative stance of monetary policy as long as necessary – at least through the current financial year and into the next year

RBI Monetary Policy Review: No change! Governor Shaktikanta Das led panel retains status quo

RBI Monetary Policy Review: No change! Governor Shaktikanta Das led panel retains status quo

Fri, Dec 04, 2020

RBI Monetary Policy Review: After days of deliberation, the Monetary Policy Committee (MPC) led by Governor Shaktikanta Das decided not to change key policy rates. Repo rate has been retained at 4 pct, says RBI Governor Shaktikanta Das.

Long Nifty, Short Bank Nifty before the RBI MPC announcements, Anil Singhvi says he advises investors to hedge their bets

Long Nifty, Short Bank Nifty before the RBI MPC announcements, Anil Singhvi says he advises investors to hedge their bets

Fri, Dec 04, 2020

Zee Business Managing Editor Anil Singhvi said that investors should hedge there bets today as the bi monthly monetary policy is to be announced by the Reserve Bank Of India Governor Shaktikanta Das. He said that he was not too excited about the policy announcements this time as there was no room for RBI to come out with some very good announcements

IHS Markit India Manufacturing PMI report: At 56.3, Indian manufacturing sector continues expansion in November

IHS Markit India Manufacturing PMI report: At 56.3, Indian manufacturing sector continues expansion in November

Tue, Dec 01, 2020

The Indian manufacturing sector has continued its sharp rate of expansion, albeit some loss in momentum in November, according to IHS Markit India Manufacturing PMI report released on Tuesday

Govt waives penalty for non-compliance with QR code provisions for B2C transactions till Mar'21

Govt waives penalty for non-compliance with QR code provisions for B2C transactions till Mar'21

Tue, Dec 01, 2020

The government has given conditional waiver on the penalty for non-compliance with QR code provisions for B2C (business-to-consumer) invoices generated by businesses for four months till March 31, 2021

Good news for Indian economy! Sharp improvement in indicators witnessing a positive trend: Bernstein macro index

Good news for Indian economy! Sharp improvement in indicators witnessing a positive trend: Bernstein macro index

Mon, Nov 30, 2020

There has been an improvement in various indicators of manufacturing in Oct. IIP bounced back to positive territory in Sep while manufacturing PMI rose to 58.9 on Oct-19, the highest since 2008 implying strong expansion in manufacturing activity ahead. Service PMI too rebounded in Oct moving above 50 after 7 months. Eight core industries continue to improve on account of strength in coal production.

Covid-19 vaccine, FII inflows in India, PMI, sentiment, auto to GDP data - all Stock Market participants need to know now

Covid-19 vaccine, FII inflows in India, PMI, sentiment, auto to GDP data - all Stock Market participants need to know now

Mon, Nov 30, 2020

The coming week is holiday-shortened (markets closed on Monday) and participants will react to a list of important data and events thereafter. To start with, Indian Stock Markets will see their reaction to GDP numbers, which were announced on Friday after the market closed. On the data front, the auto sales numbers start pouring in from the beginning of the month. Besides, the Markit Manufacturing PMI and Services PMI data are scheduled for December 1 and December 3 respectively. Lastly, the RBI’s MPC will announce its stance on key rates on December 4.

Apr-Sep FDI inflow at $30B; Mauritius, Singapore top sources

Apr-Sep FDI inflow at $30B; Mauritius, Singapore top sources

Sat, Nov 28, 2020

With India being an attractive destination for foreign funds despite the pandemic, FDI inflow rose 15 per cent during the April-September period to $30 billion.

India GDP: Economy comes back faster than expected in Q2; contraction at 7.5 pc

India GDP: Economy comes back faster than expected in Q2; contraction at 7.5 pc

Fri, Nov 27, 2020

India's economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on better consumer demand.

Indian economy probably picked up in September quarter as hopes grow for vaccine

Fri, Nov 27, 2020

Indian economy is likely to have shown signs of a pick-up in the quarter to September after a record contraction the previous quarter, and is expected to recover early next year on hopes of better consumer demand fed by progress on coronavirus vaccines.

Over 40 lakh subscribers enrolled under APY so far this fiscal

Over 40 lakh subscribers enrolled under APY so far this fiscal

Wed, Nov 25, 2020

More than 40 lakh new subscribers have been enrolled under the Atal Pension Yojana (APY), government's pension scheme, so far this fiscal year, said a release on Tuesday

New rules likely to sign up for GST; Know how they would impact businesses!

New rules likely to sign up for GST; Know how they would impact businesses!

Mon, Nov 23, 2020

A panel of officials attached to the GST (Goods and Services Tax) Council has proposed an overhaul of the GST registration process and suspension of the registration of businesses identified as risky. The proposals are among the set of proposals before the GST Council

Fake invoices: GST Council's law panel suggests online registration with live photo, biometrics

Fake invoices: GST Council's law panel suggests online registration with live photo, biometrics

Mon, Nov 23, 2020

The GST Council's law committee has suggested that a fresh registrant must go for compulsory physical verification and personal identification in case opting for non-Aadhaar authentication based registration process and he or she does not have income-tax return supported adequate financial capability

US economic growth outlook dims on Covid-19 waves, weaker stimulus

US economic growth outlook dims on Covid-19 waves, weaker stimulus

Sat, Nov 21, 2020

The US economy could see slower and even negative growth once again in the first quarter of 2021 due to soaring Covid-19 infections, newly imposed restrictions as well as smaller and slow stimulus measures, according to multiple investment research institutions.

Modi government sanctions over 7.8 lakh loans under PM SVANidhi scheme

Modi government sanctions over 7.8 lakh loans under PM SVANidhi scheme

Thu, Nov 19, 2020

Modi government's special micro-credit facility PM SVANidhi-Pradhan Mantri Street Vendor’s Atma-Nirbhar Nidhi launched to help small vendors hit due to the Covid 19 onslaught, has disbursed 788,438 loans out of the 1,434,436 that have been sanctioned, according to a government release. The government has received 2,733,497 applications

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