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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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'Blue economy' and AI prominent sectors, cannot be ingored: CAG

'Blue economy' and AI prominent sectors, cannot be ingored: CAG

Mon, Mar 13, 2023

Recognising the importance of sustainability, growth and role of emerging technologies, the SAI20 has identified 'blue economy' and 'responsible artificial intelligence' as the two themes to discuss at this forum, the CAG said.

Bengaluru Mysuru Expressway will contribute to Karnataka's growth trajectory: PM Modi

Bengaluru Mysuru Expressway will contribute to Karnataka's growth trajectory: PM Modi

Fri, Mar 10, 2023

Bengaluru Mysuru Expressway News: Prime Minister Narendra Modi on Friday said that Bengaluru Mysuru Expressway will contribute to Karnataka's growth trajectory. The expressway is set for inauguration soon.

Punjab Budget 2023 highlights: FM Harpal Singh Cheema presents Rs 1.96-lakh crore - key announcements

Punjab Budget 2023 highlights: FM Harpal Singh Cheema presents Rs 1.96-lakh crore - key announcements

Fri, Mar 10, 2023

Punjab Budget 2023 highlights: Punjab Finance Minister Harpal Singh Cheema presented a Rs 1.96-lakh-crore state budget for 2023-24 in the assembly here on Friday with a focus on agriculture, education and health segments.

Volatility in steel prices to continue in medium-term: Steel Ministry

Volatility in steel prices to continue in medium-term: Steel Ministry

Wed, Mar 08, 2023

The volatility in steel prices is likely to continue in the medium-term due to the impact of geopolitical situation on supply chain logistics, according to SteelMint.

Women in Indian informal economy ready to compromise on salaries for health benefits: Survey

Women in Indian informal economy ready to compromise on salaries for health benefits: Survey

Tue, Mar 07, 2023

As per the survey by business service provider Quess Corp, 63 per cent of women in the Indian informal economy would compromise on salaries for health security benefits, compared to only 28 per cent of men.

OPS vs NPS: 'Think through long-term implications', Raghuram Rajan's advice to states restoring old pension scheme

OPS vs NPS: 'Think through long-term implications', Raghuram Rajan's advice to states restoring old pension scheme

Tue, Mar 07, 2023

OPS vs NPS: Former RBI Governor Raghuram Rajan has expressed concerns over the decision of several states to restore the old pension scheme. He said that OPS involves massive future outlays because of the indexation of pensions to current salaries.

Govt to bring retail trade policy to promote ease of doing biz for traders

Govt to bring retail trade policy to promote ease of doing biz for traders

Mon, Mar 06, 2023

The government is working to bring a national retail trade policy for brick and mortar retail traders with an aim to promote ease of doing business, a senior official said on Monday.

DPIIT starting exercise to prepare logistics cost framework

DPIIT starting exercise to prepare logistics cost framework

Thu, Mar 02, 2023

"We hope to firm up an index to gauge the country's logistics cost in a year. It will be an annual affair after that.We are organising an international workshop on logistics cost framework," the official said.

Power prices expected to remain firm next fiscal amid higher demand: Crisil

Power prices expected to remain firm next fiscal amid higher demand: Crisil

Thu, Mar 02, 2023

The fears of a heat wave has seen the short-term power prices soaring by a full 151 per cent. This was on the back of a 42 per cent on-year spike in prices in February, Crisil said in a report.

India's coal production rises 15% in April-February period

India's coal production rises 15% in April-February period

Wed, Mar 01, 2023

Coal India Ltd, which accounts for over 80 per cent of coal output, produced 619.70 MT from April to February of FY23 as compared to 542.38 MT during the same period of FY22, registering a growth of 14.26 per cent

GST collections in February rise 12% to over Rs 1.49 lakh crore YoY

GST collections in February rise 12% to over Rs 1.49 lakh crore YoY

Wed, Mar 01, 2023

GST Collections Data February 2023: The Goods and Service Tax (GST) revenue collection in February 2023 stood at Rs 1,49,577 crore, up 12 per cent on an annual basis.

Growth projection of 7% for current fiscal very realistic: CEA Anantha Nageswaran

Growth projection of 7% for current fiscal very realistic: CEA Anantha Nageswaran

Tue, Feb 28, 2023

According to Chief Economic Advisor V Anantha Nageswaran, there are enough signs that manufacturing is in good health, but India has to be prepared to deal with El Nino and weather-related uncertainties.

India's GDP likely grew 5-5.1% in third quarter of FY23: Analysts

India's GDP likely grew 5-5.1% in third quarter of FY23: Analysts

Mon, Feb 20, 2023

Compared to the pre-Covid number, the GDP is likely to have grown 11.6 per cent in Q3 from 7.6 per cent in the previous quarter, boosted by continued recovery in the services sector, said Aditi Nayar, chief economist and head of research at Icra Ratings.

Funds deposited for NPS cannot be transferred to state governments: Centre

Funds deposited for NPS cannot be transferred to state governments: Centre

Mon, Feb 20, 2023

Citing the recent crash in Adani group companies' shares, Rajasthan chief minister Ashok Gehlot had earlier said that the employees of the state government cannot be left at the mercy of the share market where NPS funds are invested.

Cereal prices likely to remain elevated going into next fiscal: Crisil report

Cereal prices likely to remain elevated going into next fiscal: Crisil report

Mon, Feb 20, 2023

In the current fiscal, prices of cereals have risen significantly on-year in the first nine months -- of wheat and paddy by 8-11 per cent and of maize, jowar and bajra by 27-31 per cent.

India's economic growth remains strong: DSP Mutual

India's economic growth remains strong: DSP Mutual

Thu, Feb 16, 2023

India's economic growth continues to remain strong even in times when the world is facing economic turbulence, said DSP Mutual Fund.

Rural wage growth trailing inflation, govt should continue support: Report

Rural wage growth trailing inflation, govt should continue support: Report

Thu, Feb 16, 2023

Rural wage growth is trailing inflation and the government needs to continue with policy support to help people in the mofussil areas, a credit information company said on Thursday.

RBI announces 2nd global hackathon HARBINGER 2023

RBI announces 2nd global hackathon HARBINGER 2023

Wed, Feb 15, 2023

The Reserve Bank on Tuesday announced its second global hackathon -- 'HARBINGER 2023 - Innovation for Transformation' with the theme 'Inclusive Digital Services'.

Inform borrowers about recovery agents: RBI directs digital lenders

Inform borrowers about recovery agents: RBI directs digital lenders

Wed, Feb 15, 2023

The Reserve Bank on Tuesday directed digital lending entities to disclose upfront the names of their empanelled agents authorised to contact borrowers in case of default of loan, and also intimate the details to customers before initiating the recovery process.

Higher govt capex to help infra companies clock 17-20% revenue growth next fiscal

Higher govt capex to help infra companies clock 17-20% revenue growth next fiscal

Tue, Feb 14, 2023

The revenue growth of most of the EPC players is driven by the rise in capital outlay by the Centre, public sector undertakings and states for the infrastructure segment and the corresponding construction intensity in each of the infrastructure segments.

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