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, Oct 22, 2020
Speaking to WION, Wu said that the Taiwan government, since 2016, is looking forward to improving the friendship between the two countries — be it people-to-people relations or trade policies. In the area of healthcare, agriculture, technical and education exchanges with each other, he has seen "tremendous progress".
Wed, Oct 21, 2020
Foreign direct investment (FDI) in India has increased by 16 per cent year-on-year to USD 27.1 billion during April-August this year, the Commerce and Industry Ministry said on Tuesday
There was a doubling of online fraud attempts against businesses in India during the initial days of the lockdown and the same went down subsequently as the economy began unlocking, an American information and insights company said on Tuesday
Tue, Oct 20, 2020
Just a week after announcing measures to boost consumer demand and provide liquidity to states, Finance Minister Nirmala Sitharaman on Monday said that the government has not closed the option of coming out with another round of stimulus with a view to support the economy amid the pandemic
Wed, Oct 14, 2020
The pandemic-induced one-time loan restructuring will spike the system-wide gross non-performing assets (GNPAs) to 11-11.5 per cent by March, says a report
Tue, Oct 13, 2020
In a major development, Modi government has announced new measures of Rs 73,000 crore to stimulate consumer spending before end of this Financial Year in fight against COVID-19.
Spending to help India`s pandemic-hit economy is likely to face delays after the federal government and some states on Monday failed to agree who should borrow to cover revenue shortfalls
Mon, Oct 12, 2020
Union Finance Minister Nirmala Sitharaman and MoS Finance and Corporate Affairs Anurag Thakur is addressing a press conference on Economic issues and the state of economy.
Dhuli Urad is being offered to states and UTs for retail intervention at Rs 79 per kilogram for K-18, stock of Kharif-2018, and Rs 81 per kg for K-19. Similarly, Tur will be offered for retail intervention at Rs 85 per kg
The government may consider allowing India Inc to deposit GST on cash basis to help them tide over the liquidity woes during the COVID-19 pandemic, a PwC report said.
Sun, Oct 11, 2020
Economic activity hit by Covid-19 pandemic may be gradually returning back to normal levels of last year as tendering activity, a good barometer to gauge the level of economic activity, growing by a staggering 43 per cent in September as compared to same month last year.
Sat, Oct 10, 2020
Several trade bodies have urged the Centre to set up a regulator to deal with the rising freight charges, amid the problem of container shortages that exporters are facing.
Fri, Oct 09, 2020
While the stock market of India cheered the RBI credit policy after showing immediate jump, Zee Business Managing Editor Anil Singhvi continued taking views from the captains of commerce in India.
The repo rate, RBI's key lending rate, stayed put at 4.0%, while the reverse repo rate or the key borrowing rate stayed at 3.35%.
RBI Credit Policy: Amid stock market showcasing strong upside moves, the Reserve Bank of India (RBI) Governor Shaktikanta Das and RBI MPC's views on the economy post-Covid is important.
Thu, Oct 08, 2020
Despite the addition of new members with diverse academic backgrounds, persistently high inflation will deter the Reserve Bank`s Monetary Policy Committee (MPC) from administering a dose of a lending rate cut, experts opined
US President Donald Trump said late on Tuesday Congress should quickly extend $25 billion in new payroll assistance to U.S. passenger airlines furloughing thousands of workers as air travel remains down sharply amid the coronavirus pandemic.
Sat, Oct 03, 2020
India`s merchandise exports in September rose by 5.27 per cent on a year-on-year basis, official data showed on Friday.
India’s merchandise exports grew by 5.7% to $27.4 billion in September and trade deficit declined to $2.91 billion from $11.69 billion in the corresponding month last year.
Tue, Sep 29, 2020
About 39 per cent of Indian consumers believe that the economy will slowly recover over the next few months followed by a sharp rebound returning to pre-Covid levels by the end of 2020, in comparison with the global average of 32 per cent, said an IBM study on Monday
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