Wed, Jan 24, 2024
Minister Rajeev Chandrasekhar emphasised the Indian government's commitment to nurturing a high-skilled tech workforce. This talent, he said, will not only drive India's own growth but also contribute significantly to the global tech landscape, particularly in the field of semiconductors and electronics. He highlighted the ongoing investments and infrastructure development aimed at building a competitive Indian semiconductor ecosystem.
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Tue, Jan 23, 2024
The Indian economy is expected to grow 7.3 per cent in the current financial year 2023-24, remaining the fastest-growing major economy, the National Statistics Office said on January 5.
Mon, Jan 15, 2024
Nifty has crossed 22000 for the first time, How was the journey from 21000 to 22000? What are the targets of brokerages on NIFTY for 2024?
Mon, Jan 18, 2021
While many suggest that India's share markets have priced in a swift earnings recovery, global brokerage and research firm Morgan Stanley believes there is further scope for positive surprises. Aided by this view Morgan Stanley has increased its 'overweight' position on India, along with Korea and Brazil. The adjustment is made by reducing its rating on MSCI China to 'equal-weight'. In a recent note, co-authored by Ridham Desai and Sheela Rathi, Morgan Stanley said that India could outperform emerging markets in 2021.
Wed, Jan 13, 2021
Union Budget 2021 Expectations LIVE UPDATES: Finance Minister Nirmala Sitharaman has promised a never before like Union Budget as the Modi government looks to give a further boost to the Indian economy.
Sun, Jan 10, 2021
Businesses are easing their plans to resume operations, with an optimistic attitude and a willingness to face the unpredictable days ahead.
Sun, Dec 27, 2020
The Covid-19 virus not only triggered a worldwide pandemic, but also opened the floodgates for investments in the countrys equity market.
Sun, Dec 20, 2020
Out of the cumulative Rs 9.85 lakh crore garnered till December 15 this year, Rs 7.3 lakh crore was mopped up from the debt market, Rs 2.46 lakh crore came from the equity market and around Rs 7,100 crore through the overseas route, data compiled by analytics major Prime Database showed.
Wed, Dec 02, 2020
India is officially under a technical recession for the first time in the known history of the country. Despite this, the rebound, especially of manufacturing, fixed investment and exports, have been ahead of expectations. Positive net exports on the demand side and resilience of agriculture and V-shaped recovery in manufacturing, on the supply side, led the recovery.
Tue, Dec 01, 2020
Consistent with the normalization in economic activity with the easing of lockdowns, real GVA (Gross Value Added) in Q2 FY21 contracted at a slower pace of 7% while real GDP growth contracted by 7.5%. Recovery in GVA was supported by a slower pace of contraction in industry GVA, led by growth of 0.6% in manufacturing and 4.4% in electricity, even as construction fell 8.6%. Expectedly, agriculture and allied sector’s growth continued to stay robust at 3.4%, supported by robust sowing on the back of favourable monsoons.
Corporate deleveraging continues; retail pick up strong in October 2020 Financials have rallied 25%-35% over the past 45 days and some banks are now at pre-Covid-19 multiples implying a normalisation of credit costs post second half of FY21 and a pick-up in growth.
Mon, Nov 30, 2020
There has been an improvement in various indicators of manufacturing in Oct. IIP bounced back to positive territory in Sep while manufacturing PMI rose to 58.9 on Oct-19, the highest since 2008 implying strong expansion in manufacturing activity ahead. Service PMI too rebounded in Oct moving above 50 after 7 months. Eight core industries continue to improve on account of strength in coal production.
Thu, Nov 26, 2020
Addressing the event, RBI Governor Shaktikanta Das said, "Indian economy has exhibited stronger-than-expected rebound; need to be watchful of demand sustainability after festive season."
Fri, Nov 13, 2020
The measures that also include additional fertiliser subsidy and already announced production-linked incentive scheme for manufacturing units, totalled Rs 2.65 lakh crore, taking the cumulative stimulus package announced since the lockdown to almost Rs 30 lakh crore, or 15 per cent of the Gross Domestic Product (GDP).
The index traded in a narrow range and formed an Inside bar on the daily chart. This suggests that the index has stepped into a brief consolidation mode. The consolidation can take place in the range of 12570-12770 and will allow the overbought short-term momentum indicators to cool off.
Fri, Nov 06, 2020
FM said that India’s sustained GDP growth and controlled inflation has boosted investor confidence
Tue, Nov 03, 2020
Prime Minister Narendra Modi will chair the Virtual Global Investor Roundtable (VGIR) on 5th November, 2020.
Sun, Nov 01, 2020
MSMEs are the backbone of Indian economy and are engaged in the production of wide range of products, right from pin to piano.
Tue, Oct 27, 2020
Goyal revealed, "PM called me over phone and said Piyush, can we convert railway coaches into covid care coaches or isolation ward. PM idea helped to fight the battle."
Tue, Oct 13, 2020
India has emerged as one of the top three choices for overseas investments in the next 2-3 years, according to the FDI survey released by the Confederation of Indian Industry (CII), in association with EY.
Sun, Jul 26, 2020
Most of the measures taken by the government in this financial year will definitely show results and drive the country to have at least a 6 per cent growth rate in the FY22, economists and industry leaders stated on Saturday.
Thu, Jul 09, 2020
PM Narendra Modi on Thursday, while addressing the India Global Week 2020 in the UK, via VC, said that Indian economy has started seeing green shoots of recovery
Sun, May 31, 2020
Union Minister of State for Finance Anurag Thakur has said that India under Prime Minister Narendra Modi is successfully fighting the battle against Covid-19.
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