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Union Budget 2025: Why Economic Survey matters? When is it presented?

Union Budget 2025: Why Economic Survey matters? When is it presented?

Thu, Jan 02, 2025

Finance Minister Nirmala Sitharaman is likely to present the Budget for FY 2025-26 in the Parliament on February 1, 2025. Prior to the presentation, the Ministry of Finance will publish the Economic Survey, which is followed by a press conference addressed by the Chief Economic Advisor and other senior officials of the Finance Ministry.

India's current account deficit to remain in 1.2-1.5% range of GDP in FY25

India's current account deficit to remain in 1.2-1.5% range of GDP in FY25

Sat, Dec 28, 2024

Overall, India's balance of payments was supported by robust inflows from FPIs, ECBs and NRI deposits.

India to see record-breaking IPO fundraising in 2025 exceeding Rs 2 lakh crore

India to see record-breaking IPO fundraising in 2025 exceeding Rs 2 lakh crore

Thu, Dec 26, 2024

India is on track to become the world's third-largest economy by 2027 with a $7 trillion GDP target by 2030, a report said on Thursday, predicting record-breaking IPO fundraising in the country next year, exceeding Rs 2 lakh crore.

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Indian economy grew 7.1% in April to Sept period of FY17: Sitharaman

Indian economy grew 7.1% in April to Sept period of FY17: Sitharaman

Mon, Nov 28, 2016

India's economy grew at 7.1% in the first six months of the current financial year 2016-17 (FY17) despite subdued growth in the world economy, Union Minister Nirmala Sitharaman said on Monday.

Rupee to breach 70-mark by December this year: Report

Rupee to breach 70-mark by December this year: Report

Sun, Nov 27, 2016

The rupee is expected to further slide in the coming days and India's current account deficit is likely to rise to only 1.1% of GDP in FY2017-18, according to a Deutsche Bank research report.

GDP numbers don't matter, demonetisation to reap more positives, says economist Laveesh Bhandari

GDP numbers don't matter, demonetisation to reap more positives, says economist Laveesh Bhandari

Fri, Nov 25, 2016

The big debate on whether the government’s bold move of demonetisation has affected India’s GDP in a drastic way was taken up in the conference on consumer sentiments and unemployment rate at Bombay Stock Exchange on Thursday.

Notes ban to significantly disrupt economic activity: Moody's

Notes ban to significantly disrupt economic activity: Moody's

Thu, Nov 24, 2016

Demonetisation will "significantly disrupt economic activity" and lead to weaker growth in near-term, though in the long run it can boost tax revenues and translate into faster fiscal consolidation, Moody's Investors Service said on Thursday.

Mining sector can add $70 billion to India's GDP in next 15 years

Mining sector can add $70 billion to India's GDP in next 15 years

Sun, Nov 20, 2016

The tenure of the mineral concessions has also been increased from the existing 30 years to 50 years.

India's FY18 GDP growth cut to 5.8% on demonetisation impact: Report

India's FY18 GDP growth cut to 5.8% on demonetisation impact: Report

Fri, Nov 18, 2016

The GDP growth is expected to contract in the third quarted of this fiscal.

Japan economy grows better-than-expected 0.5% in Q3

Japan economy grows better-than-expected 0.5% in Q3

Mon, Nov 14, 2016

"3rd quarter GDP was a positive surprise, it should be a relief for Japanese policymakers," said Kohei Iwahara, an economist at Natixis Japan Securities.

Chinese spend billions on Singles' Day

Chinese spend billions on Singles' Day

Fri, Nov 11, 2016

Chinese shoppers spent more than $1 billion in the first five minutes of Singles Day on Friday, e-commerce giant Alibaba said in the world`s biggest online shopping promotion. Singles' Day -- named for the repeated digit 1 in the date November 11 -- was created by Alibaba in 2009.

'Realty, consumer non-durable makets to be hit by notes ban'

'Realty, consumer non-durable makets to be hit by notes ban'

Wed, Nov 09, 2016

Experts are of the view that e-commerce, real estate and consumer non-durable sectors are likely to be hit by government's move to ban Rs 500 and Rs 1,000 notes, even as they projected the economy to benefit from it in the long run.

Economy likely to grow at 7.6% in 2016-17: NCAER

Economy likely to grow at 7.6% in 2016-17: NCAER

Sun, Nov 06, 2016

The manufacturing sector is also giving positive signals with Purchasers' Managers Index, Index of Industrial Production for core sectors and auto sales going up.

10 key things S&P said about Indian economy

10 key things S&P said about Indian economy

Wed, Nov 02, 2016

S&P Global Ratings on Wednesday has retained India's ratings at 'BBB-' with a stable outlook and ruled out any upgrade in two years citing weak pubic finances.

S&P retains India's rating at 'BBB-', rules out upgrade for 2 years

S&P retains India's rating at 'BBB-', rules out upgrade for 2 years

Wed, Nov 02, 2016

Dashing the government's hope of improved credit rating, S&P on Wednesday retained India's rating at 'BBB-' with a stable outlook and ruled out any upgrade in two years, citing weak public finances.

India's commercial vehicle sales likely to grow at low double-digit in FY17: Moody's

India's commercial vehicle sales likely to grow at low double-digit in FY17: Moody's

Tue, Nov 01, 2016

Sales of commercial vehicle (CV) in India is likely to grow at a low double-digit pace in the current fiscal, Moody's Investors Service said in its latest report.

Fiscal deficit in first half of FY17 hits nearly 84% of budget estimate

Fiscal deficit in first half of FY17 hits nearly 84% of budget estimate

Tue, Nov 01, 2016

Fiscal deficit in the first half of the current fiscal stood at Rs 4.47 lakh crore, or 83.9% of the budget estimate (BE) for the whole year. The fiscal situation in April-September deteriorated over the year ago as the deficit then stood at 68.1% of the budget estimate of 2015-16.

Top nine stocks you should buy this Diwali

Top nine stocks you should buy this Diwali

Sun, Oct 30, 2016

As India's biggest festival Diwali begins on Sunday, here are stocks that you could buy this festive season. According to BP Wealth's latest research report, here's the list of top nine stocks: 1. EID-Parry (India)

Indian economy to grow 8%, agriculture 4% in FY17: Meghwal

Indian economy to grow 8%, agriculture 4% in FY17: Meghwal

Mon, Oct 24, 2016

India's economy will grow 8% this fiscal while agricultural growth is expected to be over 4%, Union Minister Arjun Ram Meghwal said on Sunday.

India’s fast growing GDP needs corporate sector sales to grow by 10%

India’s fast growing GDP needs corporate sector sales to grow by 10%

Thu, Oct 20, 2016

An increase in corporate sector sales could possibly be the boost India needs to achieve a faster growth rate or stay on track with its GDP performance, Care Ratings analysts said in a report dated October 20.

Oil rises on reported US crude inventory draw, expected OPEC cut

Oil rises on reported US crude inventory draw, expected OPEC cut

Wed, Oct 19, 2016

Oil prices rose over 1% on Wednesday, lifted by a report of falling US crude inventories and an OPEC statement saying a planned production cut was achievable, but analysts warned that Chinese economic data could erode bullish momentum.

India may seek over Rs 49,000 crore in extra spending to spur growth

India may seek over Rs 49,000 crore in extra spending to spur growth

Fri, Oct 14, 2016

India may seek parliamentary approval to spend about $7.5 billion (nearly Rs 49,895.63 crore) more on roads, railways and other public programmes over the next five months, two government sources said, as Prime Minister Narendra Modi looks to spur growth and create jobs.

China exports dive in September on weak global demand

China exports dive in September on weak global demand

Thu, Oct 13, 2016

"There remain obvious obstacles facing China`s foreign trade development," Customs spokesman Huang Songping told reporters in Beijing. "World growth remains sluggish and global trade lacks effective support."

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