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India Eyes Global Role in Growing Semiconductor, Electronics Sector: MoS Chandrasekhar

India Eyes Global Role in Growing Semiconductor, Electronics Sector: MoS Chandrasekhar

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.

India could be $5 trillion economy by 2025, says Union Petroleum Minister Hardeep Puri

India could be $5 trillion economy by 2025, says Union Petroleum Minister Hardeep Puri

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.

Nifty Hits Record High: Analyzing the Journey from 21000 to 22000 in 2024!

Nifty Hits Record High: Analyzing the Journey from 21000 to 22000 in 2024!

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?

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India's jump of 30 places in biz ranking is very rare, says World Bank CEO

India's jump of 30 places in biz ranking is very rare, says World Bank CEO

Sat, Nov 04, 2017

India moved for the first time into the top 100 of World Bank’s Ease of Doing Business global rankings due to sustained business reforms over the past several years.

How does Indian government's fiscal situation look

How does Indian government's fiscal situation look

Fri, Nov 03, 2017

Finance Minister Arun Jaitley in February 2017 announced India's Union Budget 2017-18 in Lok Sabha. So far two quarters have completed and the performance of the government's account in this period provides better picture of where India's economy stand.

India would be in top 50 in World Banks' biz rankings in 2 years: Kant

India would be in top 50 in World Banks' biz rankings in 2 years: Kant

Fri, Nov 03, 2017

Niti Aayog CEO Amitabh Kant has expressed hope that India would be among the top 50 nations in the global ease of doing business ranking within two years due to the reforms being carried out by the Modi government.

Corporate tax avoidance cost India over Rs 2.6 lakh crore in 2013, Oxfam says

Corporate tax avoidance cost India over Rs 2.6 lakh crore in 2013, Oxfam says

Fri, Nov 03, 2017

Oxfam India says that India lost $41.17 billion (Rs 2,62,900 crore) from tax avoidance by corporates in 2013 alone.

Services sector momentum grew in October, Nikkei says

Services sector momentum grew in October, Nikkei says

Fri, Nov 03, 2017

IHS Markit said that India's service sector reported the fastest rise in new business since June.

Business conditions in India stagnated in October as manufacturing PMI drops, Nikkei says

Business conditions in India stagnated in October as manufacturing PMI drops, Nikkei says

Wed, Nov 01, 2017

“On the bright side, the labour market continued to improve, with manufacturers further increasing their staffing levels, and at a pace similar to September’s 59-month high. Business confidence eased to the weakest since February as some firms expressed concerns over negative GST effects. However, those manufacturers that were optimistic forecasted benefits of GST materialising over the next 12 months," Dodhia said.

Ease of Doing Business: 8 key areas that helped India jump 30 places

Ease of Doing Business: 8 key areas that helped India jump 30 places

Wed, Nov 01, 2017

The World Bank on Tuesday said that India's ranking on the Ease of Doing Business rose 30 spots to stand at 100th position for the first time ever.

GST will further boost India's ranking in 'ease of doing business'

GST will further boost India's ranking in 'ease of doing business'

Wed, Nov 01, 2017

With the improvement in India's ranking in the World Bank's 'ease of doing business' report to 100th position, bankers and experts today expressed hope that implementation of the GST will strengthen the country's position in the future.

Ease of doing business: FM Jaitley vows more reforms to break into top 50

Ease of doing business: FM Jaitley vows more reforms to break into top 50

Tue, Oct 31, 2017

Buoyed by the jump in India's ease of doing business ranking, Finance Minister Arun Jaitley today vowed to continue reforms that will help break into top 50 nations.

Ease of Doing Business: India enters top 100 for the first time ever

Ease of Doing Business: India enters top 100 for the first time ever

Tue, Oct 31, 2017

Latest ranking was announced by the World Bank Group’s latest Doing Business 2018: Reforming to Create Jobs report.

India's fiscal deficit reaches 91.3% of full-year target in September

India's fiscal deficit reaches 91.3% of full-year target in September

Tue, Oct 31, 2017

India reported fiscal deficit of 4.99 trillion rupees ($77.09 billion) for April-September or 91.3% of the budgeted target for the current fiscal year that ends in March 2018. The deficit was 83.9% of the full-year target during the same period a year ago.

Last dates to file GSTR-2 and GSTR-3 extended

Last dates to file GSTR-2 and GSTR-3 extended

Mon, Oct 30, 2017

A Notification in this regard is being issued very shortly. This will facilitate about 30.81 lakh taxpayers for filing GSTR-2 for the month of July, 2017.

RBI likely to cut rates in Dec 6 policy review: Report

RBI likely to cut rates in Dec 6 policy review: Report

Mon, Oct 30, 2017

The Reserve Bank is likely to cut rates at its December 6 policy review meet as retail inflation remains muted and the October number is expected to be about 3.3 per cent, says a report.

Sensex pauses after record-setting run; Yes Bank drags

Sensex pauses after record-setting run; Yes Bank drags

Fri, Oct 27, 2017

Indian shares traded flat on Friday, after hitting record highs earlier in the session, as Yes Bank Ltd slumped on concerns over bad loans, while investors booked profits in recent gainers.

First Installment for recapitalisation of PSU banks will be released in December, sources say

First Installment for recapitalisation of PSU banks will be released in December, sources say

Thu, Oct 26, 2017

The Union Government will start infusing capital into public sector banks (PSBs) from December 2017, a source aware of the development has informed Zee Business. The recapitalisation bond will be cash neutral, the source further said.

Samvat 2074: Sensex, Nifty to give double-digit growth?

Samvat 2074: Sensex, Nifty to give double-digit growth?

Thu, Oct 19, 2017

Samvat 2073 was a great year for Indian markets adding over Rs 25 lakh crore to investor's portfolio. From the past-samvat, Sensex and Nifty has grown by 16% and 18% respectively.

Here's where GST, demonetisation took India's economy in one year of Diwali

Here's where GST, demonetisation took India's economy in one year of Diwali

Thu, Oct 19, 2017

Performance during Diwali festive season serves as a barometer of the health and strength of businesses and the Indian economy as a whole.

Gold prices steady amid firm dollar

Gold prices steady amid firm dollar

Thu, Oct 19, 2017

Gold prices were nearly unchanged early on Thursday as the dollar held firm on the back of strong U.S. Treasury yields.FUNDAMENTALS * Spot gold was steady at $1,281.24 an ounce at 0053 GMT. It hit an over one-week low of $1,276.73 in the previous session.=>

US supports India stand on OBOR, hits out at China's financing

US supports India stand on OBOR, hits out at China's financing

Wed, Oct 18, 2017

Ahead of his maiden visit to India, US Secretary of State Rex Tillerson today supported New Delhi's stand on One Belt One Road initiative, saying China's financing of infrastructure projects results in enormous level of debt and underscored the need for an alternative financing model.

Even though WPI eases, core inflation remains key problem

Even though WPI eases, core inflation remains key problem

Tue, Oct 17, 2017

WPI Inflation eased at 2.6% in September from 3.24% in August 2017. Uptrend in WPI is likely to continue on the back of higher commodity prices.

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