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Economy

India's GDP likely to grow 6.5-7% in 2024-25: Economic Survey

Economy

22 July, 2024

India's GDP likely to grow 6.5-7% in 2024-25: Economic Survey

India's economy will grow at 6.5% to 7% in the current financial year ending March 2025, a finance ministry report ......

PM Modi to focus on jobs, incomes in first budget after election setback

Economy

18 July, 2024

PM Modi to focus on jobs, incomes in first budget after election setback

Indian Prime Minister Narendra Modi will seek to mend his relationship with voters in the federal budget to be announced ......

Govt departs from privatisation plans, may overhaul PSUs

Economy

12 July, 2024

Govt departs from privatisation plans, may overhaul PSUs

India plans to overhaul more than 200 state-run firms to make them more profitable, signalling a departure from Prime Minister ......

June mutual funds data pegs equity inflows at fresh record high

Economy

09 July, 2024

June mutual funds data pegs equity inflows at fresh record high

Inflows into India's equity mutual funds rose 17% sequentially to a record high of 406.08 billion rupees (about $5 billion) ......

Rupee breaches 83.58/$ level, ends at fresh record low

Economy

20 June, 2024

Rupee breaches 83.58/$ level, ends at fresh record low

The Indian rupee fell to a record low on Thursday, pressured by likely outflows and strong dollar demand from local ......

Fitch Ratings raises India's 2024-25 GDP forecast to 7.2%

Economy

18 June, 2024

Fitch Ratings raises India's 2024-25 GDP forecast to 7.2%

India is expected to grow by 7.2% in the current fiscal year, stronger than earlier expected, with its central bank ......

Govt considering personal tax rate cuts to boost consumption

Economy

17 June, 2024

Govt considering personal tax rate cuts to boost consumption

The Indian government is considering lowering personal tax rates for certain categories of individuals, which could help boost consumption in ......

RBI holds rates to further tame prices, raises growth outlook

Economy

07 June, 2024

RBI holds rates to further tame prices, raises growth outlook

The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday in a widely expected move, saying ......

India's economy grows faster-than-expected 7.8% in Jan-March

Economy

31 May, 2024

India's economy grows faster-than-expected 7.8% in Jan-March

India's economy grew at a faster-than-expected pace of 7.8% year-on-year in the January-March quarter, helped by government spending and resilient ......

Misuse of asset reconstruction firms to fast track insolvency process: RBI

Economy

31 May, 2024

Misuse of asset reconstruction firms to fast track insolvency process: RBI

Asset reconstruction companies (ARCs) are being misused by "tainted" promoters to enter the bankruptcy process after leading their firms to ......