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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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Certificate of Deposits fall below Rs 1 lakh crore for the first time in a decade

Certificate of Deposits fall below Rs 1 lakh crore for the first time in a decade

Mon, Oct 16, 2017

Performance in Certificate in deposits have decline by nearly 60% in September 2017. Such decline was on the back of weak credit growth from banks, surge in deposit base post demonetisation.

India's WPI inflation eases to 2.60% in September

India's WPI inflation eases to 2.60% in September

Mon, Oct 16, 2017

India`s annual wholesale price inflation eased to 2.60% in September from the provisional 3.24% in the previous month, dragged down by smaller increases in food prices, data showed on Monday. WPI stood at 1.36% during the corresponding month of the previous year (September 2016).

India should prioritise public banking sector reforms: IMF

India should prioritise public banking sector reforms: IMF

Fri, Oct 13, 2017

The country's growth is expected to accelerate in the medium-term as temporary disruptions due to demonetisation and the Goods and Services Tax (GST) fade, the International Monetary Fund said in its Asia and Pacific Regional Economic Outlook Update.

India's trade deficit narrows to $8.98 billion in September; exports rise by 26% yoy

India's trade deficit narrows to $8.98 billion in September; exports rise by 26% yoy

Fri, Oct 13, 2017

Trade deficit is considered as an economic measure of international trade - in which a country's imports exceeds its exports.

India GDP: IMF's forecast not surprising; problems way beyond demonetisation, GST

India GDP: IMF's forecast not surprising; problems way beyond demonetisation, GST

Thu, Oct 12, 2017

IMF and many economists have forecasted India's GDP growth to range between 6.5% to below 7% for fiscal year 2017-18 (FY18)

India Inc's capital expenditure revival still four years away?

India Inc's capital expenditure revival still four years away?

Wed, Oct 11, 2017

Capex by both private and public sector entities, primarily on maintenance will marginally increase in the near term- somewhat Rs 1 lakh crore between FY18 - 20.

India loses fastest growing economy rank; IMF slashes 2017 growth rate by 0.5 % to 6.7%

India loses fastest growing economy rank; IMF slashes 2017 growth rate by 0.5 % to 6.7%

Tue, Oct 10, 2017

But according to the report, it is only a temporary setback for India, and it projected India to regain the top spot next year with a 7.4% growth rate for the gross domestic product (GDP) even though that estimate was also down from the 7.7% made in July.

'Attempts to derail' GST have failed: Arun Jaitley

'Attempts to derail' GST have failed: Arun Jaitley

Tue, Oct 10, 2017

Jaitley said global integration of Indian economy is happening at a time when other economies are becoming more protectionist.

No extension for July GSTR-1, Govt clarifies

No extension for July GSTR-1, Govt clarifies

Mon, Oct 09, 2017

The Government of India, in a statement on Monday said, "The last date for filing GSTR-1 for the month of July, 2017 is 10th October, 2017. An extension of two months has already been given. There will be no further extension given to taxpayers for filing their GSTR-1 return for July."

11 factors that RBI will keep in mind before its October monetary policy

11 factors that RBI will keep in mind before its October monetary policy

Wed, Oct 04, 2017

India's fourth bi-montly monetary policy data for FY18 will be released by RBI October 04, 2017. At present, policy repo rate stands at 6%.

Fitch lowers India's 2017-18 growth forecast to 6.9%

Fitch lowers India's 2017-18 growth forecast to 6.9%

Tue, Oct 03, 2017

Fitch said that economic activity "may have been disrupted" in 2Q17 by firms running down inventory ahead of the implementation of the Goods and Services Tax (GST) in July.

Economic slowdown to dominate BJP meet today

Economic slowdown to dominate BJP meet today

Mon, Sep 25, 2017

The meeting also focus on the role of the party ideologue, the late Deen Dayal Upadhyay, during his birth centenary and how best to commemorate the occasion.

Real estate is easiest to bring under GST, Arun Jaitley says

Real estate is easiest to bring under GST, Arun Jaitley says

Thu, Sep 21, 2017

Jaitley while addressing the 2nd India Investor Summit discussed various issues of Indian economy like inflation, black money, private investment, disinvestment, banks capital requirement and farm loan waiver.

Why is your petrol, diesel bill rising despite cheaper international crude?

Why is your petrol, diesel bill rising despite cheaper international crude?

Thu, Sep 14, 2017

Both petrol and diesel prices in India have reached at 3-year high on the back of higher taxes being levied by the government.

August retail inflation rises 3.36%

August retail inflation rises 3.36%

Tue, Sep 12, 2017

India's retail inflation or Consumer Price Index (CPI) grew 3.36% in August 2017 as against 2.36% in July 2017 and 5.05% in the corresponding month of the previous year, as per Ministry of Statistics and Program Implementation (MOSPI).

CPI, IIP data today; Here's what analysts think is going to happen

CPI, IIP data today; Here's what analysts think is going to happen

Tue, Sep 12, 2017

CPI Inflation for the month of July 2017 came in at 2.4% and IIP stood at negative 0.1% in June 2017 - both below expectations.

Indian banks need Rs 4.16 lakh crore in less than two years to meet Basel III norms

Indian banks need Rs 4.16 lakh crore in less than two years to meet Basel III norms

Tue, Sep 12, 2017

Banks argue that the haircuts they are expected to take cannot be extrapolated to the other exposures, which they say are backed by more productive assets.

Direct tax collections rise 17.5% till August, Govt says

Direct tax collections rise 17.5% till August, Govt says

Mon, Sep 11, 2017

Direct tax collections in the current fiscal till August 2017 rose 17.5%, ministry of finance said. This collection is 22.9% of the total Budget Estimates of Direct Taxes for the Financial Year 2017-18, the statement said.

RBI's task gets complicated as analysts lower India's GDP forecast

RBI's task gets complicated as analysts lower India's GDP forecast

Mon, Sep 04, 2017

India's GDP growth came in at 5.7% above market expectation of 6.6% compared to 6.1% in Q4FY17 and 7.9% in Q1FY17.

Demonetisation, GST were not the only reasons for three-year low GDP in Q1FY18

Demonetisation, GST were not the only reasons for three-year low GDP in Q1FY18

Fri, Sep 01, 2017

India's GDP for first quarter of financial year 2017-18 (Q1FY18) came in at 5.7% below market expectation of 6.6%. This has resulted in Indian economy at three-year low.

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