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.
Wed, Jan 18, 2023
A sharp rebound is expected in the second quarter of the current year.
Tue, Jan 17, 2023
Finance Bill: The finance bill is a part of the Union Budget which is introduced in the Lok Sabha on the same day when the Budget is presented.
Mon, Jan 16, 2023
India's trade defence wing (TDW) has held bilateral meetings at WTO and argued against the extension of CVD against Indian exporters
If the economy grows, deposits will come back and any lacking in this regard will not go unnoticed by the government and the Reserve Bank of India (RBI), Axis Bank MD & CEO Amitabh Chaudhry tells Swati Khandelwal. He said that they will take adequate action to infuse liquidity into the system
Fri, Jan 13, 2023
Budget 2023: Union Budget for the financial year 2023-24 will be presented on February 1 by Finance Minister Nirmala Sitharaman.
Thu, Jan 12, 2023
The Central Statistics Office (CSO) has pegged real GDP growth at 7 per cent YoY in FY23E, similar to our forecast of 6.9 per cent, but slightly higher than the Reserve Bank of India's (RBI) assumption of 6.8 per cent YoY, Motilal Oswal said.
Wed, Jan 11, 2023
Briefing media, Union Minister Bhupender Yadav said, "Cooperatives that are associated with farmers, farmers' income and agriculture production are an important part of rural India. The Cabinet today took three main decisions in the field of cooperatives".
The growth rate of 6.9 per cent in current fiscal year (April 2022 to March 2023) compares with 8.7 per cent in the previous year. For 2024-25, the growth rate is projected at 6.1 per cent.
According to CLSA's outlook, 2023 will have three trends to watch out for when it comes to India's mobile market. Among them will be 5G rollouts and monetisation led by top-end subscribers.
Sat, Jan 07, 2023
Indian startups, which saw a massive 35 per cent drop in funding in 2022 -- from $37.2 billion in 2021 to $24.7 billion (till November) -- are bracing themselves for a deepening funding winter in 2023 as recession fears loom.
Fri, Jan 06, 2023
Baltic dry index fell further after record drop. What is the connection of index with economy? Why is the Baltic Dry continuously diving? Know full details from Varun.
Wed, Jan 04, 2023
The government aims to procure 775.72 lakh tonne of paddy in the 2022-23 kharif marketing season (October-September).
Mon, Jan 02, 2023
The additional Common Equity Tier 1 (CET1) requirement for D-SIBs was phased-in from April 1, 2016 and became fully effective from April 1, 2019
Sun, Jan 01, 2023
Corporate tax collections exceeded 3 per cent of the GDP after a gap of two years in 2021-22, reflecting overall improvement in profitability of India Inc propelled by increase in demand for goods and services
Fri, Dec 30, 2022
Industry body PHDCCI on Thursday said the health budget should be increased by 30-40 per cent as there is a growing need for health facilities and infrastructure across the country.
Speaking at the event to mark the operationalisation of the India-Australia Economic Cooperation and Trade Agreement signed in April this year, Goyal said January itself is filled with meetings between Indian Commerce Ministry officials and their counterparts abroad.
Thu, Dec 29, 2022
"Frontloaded monetary policy actions are expected to bring inflation into the tolerance band and closer to the target while anchoring inflation expectations," the FSR noted.
According to Anarock, 2022 housing sales in primary markets (fresh sales) across seven major cities stood at nearly 3.65 lakh units, an all-time high, up 54 per cent from 2,36,500 units last year.
India-Australia trade pact: The Economic Cooperation and Trade Agreement (ECTA), which was signed on April 2, would provide duty-free access to Indian exporters of over 6,000 broad sectors, including textiles, leather, furniture, jewellery and machinery in the Australian market.
Tue, Dec 27, 2022
FMCG companies are "cautiously optimistic" and expect the rural market, which accounts for more than one-third of the overall sales, to bounce back in 2023 riding on a good harvest season, government impetus, and improvement in farm income.
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