Search Results for: fiscal deficit

Fitch Ratings upgrades India's FY25 GDP growth forecast from 7% to 7.2%

Fitch Ratings has revised India's FY25 GDP growth forecast to 7.2%, up from 7%. The upward revision is attributed to recovery in consumer spending and increasing investment trends.

Jun 19, 2024

Indian stocks breaking market cap benchmarks globally

As Indian stock markets continue to touch fresh new highs almost every day post the formation of the new government, they are also breaking global benchmarks.

Jun 15, 2024

India to log 6.7% GDP growth in next 3 years, remain fastest-growing economy: World Bank

Driven by strong domestic demand, surge in investment and robust services activity, India will remain the fastest growing economy in the world, clocking a steady growth of 6.7 per cent for the next three fiscal years, the World Bank has said.

Jun 12, 2024

FM Sitharaman on strong wicket as Modi 3.0 gears up to present full budget

Prime Minister Narendra Modi has sent a clear message of continuity in the government's economic policy with the re-appointment of Nirmala Sitharaman as Finance Minister.

Jun 11, 2024

Centre releases Rs 1.39 lakh crore for states under tax devolution

The Indian government has released Rs 1,39,750 crore for states

Jun 11, 2024

Biradar Falgun, a farmer from Wadmurambi, Deoni Taluka, in his field

How Art of Living's agroforestry training is turning struggling Maha farmer into crorepati [Exclusive]

Falgun Biradar, an agriculturalist from Maharashtra, is not only set to earn and build up a sizeable pension fund upon retirement but also contributes to climate adaptation farming techniques. Read on to know more about how Art of Living's agroforestry training transformed this farmer's life.

Jun 7, 2024

India's forex reserves at historic high of $651.5 bn, CAD to dip: RBI

With a lower trade deficit, robust services export growth and strong remittances, the current account deficit (CAD) is expected to have moderated in the January - March quarter of 2023-24, RBI Governor Shaktikanta Das said on Friday.

Jun 7, 2024

Fahadh Faasil opens up on ADHD; here's what actor is likely to experience in life

Fahadh Faasil was last seen in the Malayalam film Aavesham, where he plays a local don in Bengaluru, who tries to befriend a group of college students. He has gained widespread recognition across India for his roles in films like Kumbalangi Nights, Pushpa, Joji and Maamannan.

May 30, 2024

Global firms must tap local display manufacturing opportunities in India: Industry leaders

India is set for a significant leap in local manufacturing of displays which presents a golden opportunity for global companies seeking to diversify their display supply chains beyond certain geographies.

May 28, 2024

Markets: Nifty at all-time high, Sensex jumps over 750 points

Indian stocks rise on Thursday, bouncing back from a flat session

May 23, 2024

crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

Oil Companies benefit as Centre cuts windfall tax on crude, will it trickle down to consumer?

The Central government has cut the windfall tax on petroleum crude to 5,700 rupees ($68.34) per metric ton from 8,400 rupees with effect from Thursday, as part of its fortnightly revision that is calibrated with global prices.

May 16, 2024

How eating more junk food can impact your child's mental health

While the association between junk food -- rich in sugar, salt, and unhealthy fats -- doctors on Tuesday warned how these may also contribute to poor mental health in young children.

May 15, 2024

Apple's record growth in India: A strategic focus

Apple has been making significant strides in the Indian market, with record double-digit growth in the first quarter of 2024. The company's Chief Executive Officer, Tim Cook, expressed his satisfaction with the performance, stating that he was very, very pleased.

May 3, 2024

kotak mahindra bank kotak mf uday kotak schemes debt equity investors lti facility branch atm

Kotak Mahindra Bank cannot onboard new customers, issue fresh credit cards: RBI [here's why]

The Reserve Bank of India (RBI) on Wednesday directed Kotak Mahindra Bank Limited to stop onboarding of new customers through its online and mobile banking with immediate effect and also barred the bank from issuing fresh credit cards.

Apr 24, 2024

RBI leaves key repo rate unchanged, focus on keeping inflation in check

The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in its monetary policy review for the seventh consecutive time, with the aim of keeping inflation in check and ensuring that the economy moves on a stable growth path.

Apr 5, 2024

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