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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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Oil price cap on Russian oil will benefit emerging markets, help constrain Putin's finances: US

Oil price cap on Russian oil will benefit emerging markets, help constrain Putin's finances: US

Sat, Dec 03, 2022

The US said the price cap is an "important tool" to restrict the revenue Russia receives to fund its illegal war in Ukraine, while also maintaining a reliable supply of oil onto global markets.

Indian forex reserves grow by USD 2.9 billion to USD 550.14 billion

Indian forex reserves grow by USD 2.9 billion to USD 550.14 billion

Sat, Dec 03, 2022

In October 2021, the country's forex kitty had reached an all-time high of USD 645 billion. The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.

Budget 2023: Govt to offer incentives to boost shipbuilding industry

Budget 2023: Govt to offer incentives to boost shipbuilding industry

Fri, Dec 02, 2022

Budget 2023: A government panel has told the finance ministry that local tax rules deter investment in the shipping industry, compared to the tax regimes of Singapore, Malta, Cyprus and Panama, where the majority of global carriers were registered.

Panel proposes GST for natural gas; recommends compensation to states for 5 years

Panel proposes GST for natural gas; recommends compensation to states for 5 years

Wed, Nov 30, 2022

A committee headed by Kirit Parekh has submitted its recommendation on gas pricing formula to the government on Wednesday. In an exclusive chat with Zee Business, Chairman of the Sustainable Gas Pricing Committee gives detailed insights

S&P cuts India's growth forecast to 7% for FY23

S&P cuts India's growth forecast to 7% for FY23

Mon, Nov 28, 2022

S&P had in September projected the Indian economy to grow 7.3 per cent in 2022-23 and 6.5 per cent in next fiscal year (2023-24).

Strong bank loan growth in FY23 despite higher interest rates: Fitch

Strong bank loan growth in FY23 despite higher interest rates: Fitch

Mon, Nov 28, 2022

The rating agency expects greater competition for deposits over time, for example through higher rates on deposit accounts, as banks' liquidity buffers fall in their pursuit of loan growth.

With no signs yet of inflation cooling, experts predict more rate hikes

With no signs yet of inflation cooling, experts predict more rate hikes

Mon, Nov 28, 2022

As retail inflation in India continues to remain above the RBI's comfort zone for the past 10 months, analysts feel that more hikes are expected in future.

Free Trade Agreement: Series of steps underway to promote India-UAE trade pact to boost exports, says official

Free Trade Agreement: Series of steps underway to promote India-UAE trade pact to boost exports, says official

Sat, Nov 26, 2022

India's exports to the UAE rose by 12.5 per cent to USD 12.67 billion in June-October 2022. Imports during the period have increased by 21 per cent to USD 22.2 billion, Joint Secretary in the department, Srikar Reddy, told.

9 of 10 business leaders in India feel economic uncertainty may threaten flexible working: Research

9 of 10 business leaders in India feel economic uncertainty may threaten flexible working: Research

Mon, Nov 14, 2022

The research highlights a growing disconnect between what professionals want and what employers are now offering, with the balance of power shifting back to employers as hiring slows.

RBI Governor Shakitkanta Das says inflation print for October likely to be lower than 7% - know details!

RBI Governor Shakitkanta Das says inflation print for October likely to be lower than 7% - know details!

Sat, Nov 12, 2022

The rate-setting Monetary Policy Committee headed by the RBI Governor has been mandated by the government to keep inflation within 2-6 per cent range. On the Indian economy, Das said the macroeconomic fundamentals remain strong and growth prospects are looking good.

Moody's cuts India's economic growth projections to 7% for 2022 amid growing global slowdown concerns

Moody's cuts India's economic growth projections to 7% for 2022 amid growing global slowdown concerns

Fri, Nov 11, 2022

Global economy is on the verge of a downturn amid extraordinarily high levels of uncertainty amid persistent inflation, monetary policy tightening, fiscal challenges, geopolitical shifts and financial market volatility.

Govt not to impose anti-dumping duty on Chinese metal cutter wheels

Govt not to impose anti-dumping duty on Chinese metal cutter wheels

Tue, Nov 08, 2022

In international trade parlance, dumping happens when a country or a firm exports an item at a price lower than the price of that product in its domestic market.

Government clears 23rd tranche of electoral bonds; sale from November 9 - check details here!

Government clears 23rd tranche of electoral bonds; sale from November 9 - check details here!

Mon, Nov 07, 2022

Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding.

Government resumes sugar exports; allows 6 mn tons on quota basis till May 31 - Details

Government resumes sugar exports; allows 6 mn tons on quota basis till May 31 - Details

Sun, Nov 06, 2022

The sugar production in the new 2022-23 season commenced in Maharashtra and Karnataka from October onwards, whereas in Uttar Pradesh and rest of the cane growing states, it will kick off in a week's time.

India faces global shocks with better balance sheets; medium-term growth outlook good: CEA V Anantha Nageswaran

India faces global shocks with better balance sheets; medium-term growth outlook good: CEA V Anantha Nageswaran

Sun, Nov 06, 2022

"Overall, all things considered, including the risk of oil price, I do believe that the external situation will be manageable, of course with some anxious moments to come," V Anantha Nageswaran said.

LIVE UPDATES, Latest News of RBI MPC Meeting Outcome 3rd November 2022:-

LIVE: RBI MPC Meeting Outcome - Discussion, drafting of report for government on inflation | Latest News, Result, Updates

Fri, Nov 04, 2022

LIVE: RBI MPC Meeting Outcome November 2022: The rate setting panel of Reserve Bank of India (RBI) met on Thursday to discuss and draft a report for the government on why it failed to keep retail inflation below the target of 6 per cent for three consecutive quarters since January this year. The meeting was chaired by RBI Governor Shaktikanta Das and attended by all MPC members -- Michael Debabrata Patra, Rajiv Ranjan, Shashanka Bhide, Ashima Goyal and Jayanth R Varma. Here are all the LIVE UPDATES, Latest News of RBI MPC Meeting Outcome 3rd November 2022:-

RBI MPC Meeting: Where to watch RBI Governor Shaktikant Das speech Live

RBI MPC Meeting: Where to watch RBI Governor Shaktikant Das speech Live

Wed, Nov 02, 2022

RBI MPC Meeting, RBI Governor Shaktikant Das Speech Live: The six-member rate-setting panel is headed by RBI Governor Shaktikanta Das. Das will address the media on Thursday morning wherein he will announce the decision taken during the MPC meeting.

Mortgage loan to GDP ratio should rise in India: HDFC chairman Deepak Parekh

Mortgage loan to GDP ratio should rise in India: HDFC chairman Deepak Parekh

Wed, Nov 02, 2022

HDFC Ltd Chairman Deepak Parekh on Tuesday said that though the interest rates go up, the tax deduction given by the government on annual outgo on this account brings the effective rates down.

Japan PM Fumio Kishida approves USD 200 billion spending plan to counter inflation

Japan PM Fumio Kishida approves USD 200 billion spending plan to counter inflation

Fri, Oct 28, 2022

Inflation has been rising in Japan along with globally surging prices. A weakening of the yen against the dollar has amplified costs for imports. The stimulus package includes subsidies for households that are largely seen as an attempt by Kishida to lift his plunging popularity.

China's economic growth accelerates but weak amid Covid shutdowns

China's economic growth accelerates but weak amid Covid shutdowns

Mon, Oct 24, 2022

Most of the economy lost momentum last month said Julian Evans-Pritchard of Capital Economics in a report.

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