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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 manufacturing PMI continues to expand in May

India's manufacturing PMI continues to expand in May

Thu, Jun 01, 2017

KEY HIGHLIGHTS: Factory orders rise again, but at slower rate Fifth consecutive expansion in production Growth of input buying accelerates

Debt continues to be key constraint for India, Moody's says

Debt continues to be key constraint for India, Moody's says

Thu, Jun 01, 2017

Moody's said, "India (Baa3 positive) is implementing a number of wide-ranging reforms and measures that, if effective, will broaden the tax base and anchor fiscal consolidation. Under such outcomes, the government's debt burden, a key constraint on India's credit profile, would ease gradually."

Petrol price hiked by Rs 1.23/litre, diesel by 89 paise; check prices in your city

Petrol price hiked by Rs 1.23/litre, diesel by 89 paise; check prices in your city

Thu, Jun 01, 2017

"The current level of international product prices of petrol and diesel and INR-USD exchange rate warrant decrease in selling price of petrol and diesel, the impact of which is being passed on to the consumers with this price revision," IOC said in a statement.

India loses fastest growing economy tag after sharp growth slowdown

India loses fastest growing economy tag after sharp growth slowdown

Thu, Jun 01, 2017

Annual economic growth at 6.1 percent in the January-March period was even lower than the lowest analyst estimate of 6.5 percent in a Reuters poll. Overall, the median forecast of 36 analysts was for a year-on-year growth of 7.1 percent.

Q4's GDP statistics to be released today | Q4 के जीडीपी के आंकड़े आज होंगे जारी

Q4's GDP statistics to be released today | Q4 के जीडीपी के आंकड़े आज होंगे जारी

Wed, May 31, 2017

Estimated GDP growth in Q4 is 7.1% in YoY. 7.3% GDP growth is possible in FY17. YoY में Q4 में जीडीपी वृद्धि का अनुमान 7.1% है। FY17 में 7.3% जीडीपी ग्रोथ संभव है।

7.3% growth expected in GDP in FY17 | वित्त वर्ष 17 में जीडीपी में 7.3% वृद्धि की उम्मीद

7.3% growth expected in GDP in FY17 | वित्त वर्ष 17 में जीडीपी में 7.3% वृद्धि की उम्मीद

Wed, May 31, 2017

A growth of over 7.3% in GDP is expected in financial year 2017. Moreover, all figures relating to GST will also be declared today. जीडीपी में करीब 7.3% की वृद्धि वित्तीय वर्ष 2017 में होने की संभावना है। इसके अलावा, जीएसटी से संबंधित सभी आंकड़े भी आज घोषित किए जाएंगे।

India GDP numbers today: Here's what to expect

India GDP numbers today: Here's what to expect

Wed, May 31, 2017

Indian economy is likely to post healthy GDP (Gross Domestic Product) numbers for the quarter ended March 31, 2017 when they are released later today.

Deceptively quick, India's economy seen staying course as global pacesetter

Deceptively quick, India's economy seen staying course as global pacesetter

Wed, May 31, 2017

India is set to hang onto its status as the world`s fastest growing major economy thanks to stronger consumer demand, if data due out later on Wednesday matches economists expectations for a 7.1 percent year-on-year expansion in the March quarter.

Growth recovery ahead; policy rates to be on hold in June: Nomura

Growth recovery ahead; policy rates to be on hold in June: Nomura

Tue, May 30, 2017

GDP growth is expected to slow to 7.2% in January-March from 7.6% in the preceding quarter, but recovery is on the cards due to easier financial conditions, says a report.

India seen staying fastest growing major economy in Jan-March quarter: Reuters poll

India seen staying fastest growing major economy in Jan-March quarter: Reuters poll

Mon, May 29, 2017

he median forecast from a poll of 35 economists showed the Indian economy grew 7.1 percent annually in the first three months of this year. Forecasts ranged from 6.5 to 7.8 percent.

7th Pay Commission: 30% HRA for government employees?

7th Pay Commission: 30% HRA for government employees?

Mon, May 29, 2017

Nearly 50 lakh central government employees are waiting for the government to take action on Finance Secretary-led Committee on Allowances' report on House Rent Allowance (HRA), Dearness Allowance (DA), Transport Allowance (TA), etc under the 7th Pay Commission recommendations.

Q4 Review: Reduction in MCLR worked well for private banks but not for PSBs

Q4 Review: Reduction in MCLR worked well for private banks but not for PSBs

Mon, May 29, 2017

The financial year 2016-17 (FY17) was no different for the India's banking system as it continues to suffer from single-digit loan growth, weak net interest income (NII) and lack of resolution to its non-performing assets (NPAs).

Is India's masala bond diplomacy working?

Is India's masala bond diplomacy working?

Mon, May 29, 2017

The emergence of masala bonds as a funding vehicle for Indian companies can aid India’s geoeconomic goals. Most of them are listed in the London Stock Exchange. But is India leveraging fully the rupee’s internationalisation?

Taxing sanitary pads is akin to violation of human rights

Taxing sanitary pads is akin to violation of human rights

Mon, May 29, 2017

Why do we need technology or hospitals or airplanes or anything modernised when we have traditional alternatives for everything? The primary factor here is that if a sanitary napkin was invented for menstruation, it cannot be classified as a privilege of some women, leaving behind the majority because they have been using and have the option to use conservative substitutes.

India second most complex tax jurisdiction: Deloitte

India second most complex tax jurisdiction: Deloitte

Mon, May 29, 2017

"In these two jurisdictions (China and India), well over half of the respondents believe complexity in the regime has increased in the last 3 years," it said.

Eight of top 10 companies add Rs 93,225 crore in market-cap, ITC shines

Eight of top 10 companies add Rs 93,225 crore in market-cap, ITC shines

Mon, May 29, 2017

Barring SBI and ONGC, rest eight companies, including HDFC Bank and TCS, saw addition to their market capitalisation (m-cap) for the week ended Friday.

Various tax slabs under GST worry traders: CAIT

Various tax slabs under GST worry traders: CAIT

Mon, May 29, 2017

Classification of different items under various tax slabs of GST has created an environment of anxiety and concern among the trading community across the country, Confederation of All India Traders said today

Revenue department sets up twitter handle to answer GST queries

Revenue department sets up twitter handle to answer GST queries

Mon, May 29, 2017

With just over a month left for GST implementation, the revenue department today started a new twitter handle to answer industry queries related to the new indirect tax regime.

Government fine tunes startup definition; increases age, includes business scalability

Government fine tunes startup definition; increases age, includes business scalability

Fri, May 26, 2017

After a year and a half the government has modified the definition of what is a startup in India to promote more entrepreneurship opportunities. The definition has been changed of three aspects of years of operation, recommendation letter requirement and scalability of business model.

India 'thinking big' and 'moving big': US lawmakers told

India 'thinking big' and 'moving big': US lawmakers told

Fri, May 26, 2017

India is "thinking big and moving big" to catch up fast in development as it lags behind its giant neighbour China, offering tremendous opportunities to a country like the US, American lawmakers have been told.

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