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, Apr 23, 2020
The Finance Ministry on Wednesday notified changes in FDI rules, which made prior approval of the government mandatory for foreign investments from countries that share border with India.
Wed, Apr 22, 2020
As the global oil markets remain under intense pressure, it seems like there is no quick recovery for the global crude prices from the historical fall witnessed recently.
Sat, Apr 18, 2020
The Centre has amended the foreign direct investment (FDI) policy to check opportunistic takeovers of Indian companies amid the Covid-19 pandemic.
Fri, Apr 17, 2020
Whether it's putting the national economy on track, interest rate relief, or extension of the ITR return filing deadline, the Indian government has paid heed to Anil Singhvi's advice.
In a press conference today called at a very short notice, the Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic.
Addressing the fact that global financial markets remain volatile, RBI Governor Shaktikanta Das in a video address on Friday said that India is expected to show a sharp turnaround in FY22, when the COVID-19 crisis is over.
Mon, Apr 13, 2020
The Indian retail sector comprising 70 million small medium and big traders employing 45 crore people, does a monthly business of approximately USD 70 billion. A host of international agencies have cut India's economic growth estimate for FY21 on concerns about the fallout of COVID-19 outbreak.
Fri, Apr 10, 2020
MS Unnikrishnan, MD & CEO, Thermax Ltd., talks about the impact of lockdown, liquidity situation of Thermax as well as the capital goods industry.
COVID-19 pandemic: As many as 72 per cent of organisations feel that the impact of the coronavirus pandemic will be felt beyond six months, finds EY survey.
Thu, Apr 09, 2020
"Risks around the inflation projections appear balanced at this juncture and the tentative outlook is benign relative to recent history. But COVID-19 hangs over the future, like a spectre," it said.
Tue, Mar 31, 2020
Government will borrow Rs 4.88 lakh crore in the first half of fiscal 2020-21 starting April 1 to shore up resources amid a war it is wagging to contain economic fallout of coronavirus pandemic, DEA Secretary Atanu Chakraborty said on Tuesday
The Finance Ministry said that a notification has been issued by the Department of Revenue, Ministry of Finance on 30th March 2020 which relates to certain amendments to the Indian Stamp Act.
Mon, Mar 30, 2020
Domestic stock markets, including top indexes Sensex and Nifty, have been on a roller coaster ride for several weeks now due to the impact of the novel coronavirus, Covid-19, pandemic, which has hammered equities continuously.
Sun, Mar 29, 2020
Amid the rising number of cases in India, here is a good news.
Fri, Mar 27, 2020
"We would anticipate at least one more quarter of drag keeping growth in negative territory, beyond which the policy support and favourable base effects should drive recovery back to positive growth", it said.
RBI governor Shaktikanta Das announced a slew of measures on Friday morning, including a massive cut in repo rates.
The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the Covid-19 outbreak. The Monetary Policy Committee of the central bank in an unscheduled meet reduced the repo rate by 75 basis points to 4.40 per cent from 5.15 per cent.
The positive coronavirus cases in India jumped to 724 on Friday. A total of 66 people have been cured of the disease. So far, 17 people have lost their lives due to the virus, according to data from the health ministry.
The Reserve Bank of India on Friday cut the repo rate by 75 basis points, in the wake of extraordinary circumstances created by coronavirus outbreak
Thu, Mar 26, 2020
Finance Minister Nirmala Sitharaman on Thursday afternoon announced a massive relief package for people amid the nationwide lockdown.
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