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Economy

Indian companies' average EBITDA to be 50% higher in 2024 than last 5 years

Economy

04 July, 2023

Indian companies' average EBITDA to be 50% higher in 2024 than last 5 years

S&P Global Ratings said on Tuesday that Indian companies were in "good credit shape" due to strong growth in the ......

After retail, now India sees a drop in wholesale inflation for May

Economy

14 June, 2023

After retail, now India sees a drop in wholesale inflation for May

India's annual wholesale prices fell for the second consecutive month in May on easing input costs brought about by lower ......

May retail inflation cools to 2-year low

Economy

12 June, 2023

May retail inflation cools to 2-year low

India's annual retail inflation cooled to a more than two-year low of 4.25% in May as cost pressures on food ......

RBI holds repo rate for second straight meet

Economy

08 June, 2023

RBI holds repo rate for second straight meet

India's central bank kept its key lending rate steady for a second straight policy meeting on Thursday, as widely expected, ......

India's Q4 GDP growth quickens to 6.1%

Economy

31 May, 2023

India's Q4 GDP growth quickens to 6.1%

India's economic growth accelerated to 6.1% in the March quarter from a year earlier as a recovery in private investment ......

RBI may cut repo rate by end of fiscal: Kotak Mahindra

Economy

26 May, 2023

RBI may cut repo rate by end of fiscal: Kotak Mahindra

The Reserve Bank of India (RBI) may cut interest rates only towards the end of the financial year despite a ......

Govt to tax incentives by online gaming firms citing winnings

Economy

23 May, 2023

Govt to tax incentives by online gaming firms citing winnings

Bonuses, referrals and incentives offered by online gaming companies to their customers will be considered as part of winnings and ......

Explained: What the decision to scrap Rs 2,000 note means for economy

Economy

22 May, 2023

Explained: What the decision to scrap Rs 2,000 note means for economy

India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced ......

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Family offices mull Gift City route for overseas investments as RBI tightens scrutiny

Economy

19 May, 2023

Family offices mull Gift City route for overseas investments as RBI tightens scrutiny

Some of India’s leading family offices are exploring the option of setting up shop at the International Financial Services Centre ......

India's goods and services trade deficit drops to 21-month low in April

Economy

15 May, 2023

India's goods and services trade deficit drops to 21-month low in April

India's merchandise and services trade deficit narrowed to a 21-month low in April as imports dropped partly due to some ......