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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 needs to open markets to grow at 8-10%: Arvind Subramanian

India needs to open markets to grow at 8-10%: Arvind Subramanian

Thu, Jun 08, 2017

Batting for India to have an open economy, Chief Economic Adviser Arvind Subramanian on Thursday said any reversal of the globalisation trend must be prevented in order to have a growth rate of 8-10 per cent.

RBI's new rules may make India Inc shun masala bonds

RBI's new rules may make India Inc shun masala bonds

Thu, Jun 08, 2017

RBI has made some changes to rules pertaining to masala bonds that may make this fundraising route less attractive.

RBI says 83% currency remonetised but does it really matter?

RBI says 83% currency remonetised but does it really matter?

Thu, Jun 08, 2017

The after-effects of demonetisation are still not over. RBI is yet to announce the total currency that found its way back to the banks between November 9 2016 and December 31, 2016. However, RBI said that currency to the tune of 82% of pre-demonetisation levels have been pumped in the economy.

India Inc disappointed as RBI keeps rates unchanged

India Inc disappointed as RBI keeps rates unchanged

Thu, Jun 08, 2017

Industry chamber Assocham said the Reserve Bank (RBI) has "disappointed India Inc" by not reducing the policy interest rates, specially when inflation remains quite benign.

FDIs in India flat in 2016, but prospects bright: UNCTAD

FDIs in India flat in 2016, but prospects bright: UNCTAD

Thu, Jun 08, 2017

The World Investment Report released by the UN agency in Geneva on Wednesday said that FDI rose by a paltry one % in 2016 to $44.486 billion from the $44.064 billion in 2015.

Invest in housing mutual funds if you have high-risk appetite, say experts

Invest in housing mutual funds if you have high-risk appetite, say experts

Wed, Jun 07, 2017

HDFC Mutual Fund plans to launch a close-ended thematic equity scheme HDFC Housing Opportunities Fund.

RBI's SLR cut may help bring down your EMIs

RBI's SLR cut may help bring down your EMIs

Wed, Jun 07, 2017

Any reduction in SLR gives more room to bankers for trimming interest rates. This would mean, if you are borrower your EMIs may come down further.

Monetary Policy: RBI lowers inflation, GVA projection

Monetary Policy: RBI lowers inflation, GVA projection

Wed, Jun 07, 2017

Keeping the repo rate and reverse repo rate unchanged, the RBI revised its headline inflation downward to be in the range of 2-3.5% from the earlier 4.5% in the first half of the fiscal. The policy revised GVA estimates 10 basis points lower to 7.3%.

RBI keeps interest rates unchanged but injects money via SLR cut

RBI keeps interest rates unchanged but injects money via SLR cut

Wed, Jun 07, 2017

For the second half of the fiscal, the Reserve Bank of India sees inflation in the range of 2-3.5%.

RBI's monetary policy: 12 factors and 10 charts that you must know

RBI's monetary policy: 12 factors and 10 charts that you must know

Wed, Jun 07, 2017

RBI is set to present second monetary policy of FY18. Analysts expect a status quo in this policy too. However, rate cut or not, a total of 12 factors that the central bank will look into before making a decision.

Wipro chief Premji's salary drops 63% to $1,21,853 in FY17

Wipro chief Premji's salary drops 63% to $1,21,853 in FY17

Mon, Jun 05, 2017

Premji's package included USD 66,464 in salary and allowances and USD 41,742 (others) and USD 13,647 in long-term compensation (deferred benefit - company's contribution to the Provident Fund and Pension Fund), totalling to USD 121,853 for the year 2016-17, as per documents with the US SEC.

India GDP growth to remain flat at 7.1% in FY18: HSBC

India GDP growth to remain flat at 7.1% in FY18: HSBC

Sun, Jun 04, 2017

India's economic growth is expected to remain flat at 7.1 % in current fiscal as investment is still weak and government spending might not be as high given the fiscal consolidation, says an HSBC report.

How Indian millennials are changing dynamics of workplace

How Indian millennials are changing dynamics of workplace

Sun, Jun 04, 2017

With millennials slowly taking over and likely to soon dominate the leadership roles, organisations are rapidly changing their working environment to suit the younger generation, according to industry experts.

Apparel, biscuits, footwear cheaper; gold costlier under GST

Apparel, biscuits, footwear cheaper; gold costlier under GST

Sun, Jun 04, 2017

Apparel up to Rs 1,000, biscuits and footwear will get cheaper, while gold will get slightly costlier from next month as the Centre and states, excepting West Bengal, resolve to roll out GST from July 1.

GST Council clears rules, states agree to July 1 rollout

GST Council clears rules, states agree to July 1 rollout

Sat, Jun 03, 2017

The GST Council today cleared the pending rules, including transition provisions and returns, with all the states agreeing to July 1 roll out of the Goods and Services Tax.

India will have a Rs 54.75 lakh crore shortfall in pension savings in 30 years, WEF says

India will have a Rs 54.75 lakh crore shortfall in pension savings in 30 years, WEF says

Sat, Jun 03, 2017

With hundreds of millions of people approaching the age of retirement in India, is the country prepared to face the onset of retirement? A report by World Economic Forum pointed out that India will fall short of $85 trillion (nearly Rs 54.75 lakh crore) in pension savings by 2050.

Amid Donald Trump climate turmoil, France to push stability in India talks

Amid Donald Trump climate turmoil, France to push stability in India talks

Sat, Jun 03, 2017

France and India will seek to show a united front to tackle climate change when their leaders meet on Saturday with President Emmanuel Macron likely to underline his country`s stability in talks with Prime Minister Narendra Modi.

What will India's FY18 GDP growth look like?

What will India's FY18 GDP growth look like?

Fri, Jun 02, 2017

Demonetisation may have impacted India's GDP growth for the fourth quarter ended March 31, 2017 but its effects may not be over so soon.

RBI should be looking at a repo rate cut in June policy, says Bhattacharya

RBI should be looking at a repo rate cut in June policy, says Bhattacharya

Fri, Jun 02, 2017

RBI is set to announce its second bi-monthly monetary policy for financial year 2017-18. SBI feels a rate cut from the central bank is a must.

Russia, India sign deal to expand Kudankulam nuclear plant

Russia, India sign deal to expand Kudankulam nuclear plant

Fri, Jun 02, 2017

President Vladimir Putin says Russia is ready to build a dozen nuclear reactors in India over the next 20 years to back Prime Minister Narendra Modi`s growth strategy for Asia`s third-largest economy, which continues to suffer chronic power shortages.

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