Market Economy

Category - Market Economy

IIP Grows 5.8 pc in FY 24, But Eases Slightly to 4.9 pc in March

India’s industrial production growth eased slightly to 4.9 per cent on a Month-on-Month (MoM) basis...

India’s CEA Says High Possibility of India Touching 8 Per Cent GDP Growth in FY 24

There is a high possibility of the country achieving an economic growth of eight per cent in FY 24 ...

Apr GST Collection Is A Record Rs 2.10-trillion

The country’s Goods and Services Tax (GST) revenue collection in April of this year has clocked a record Rs 2.10-trillion...

Strong Exports, Capital Flows to Help India Grow at 6.6 Per Cent in FY 25: Deloitte

This growth will be on the back of rebounding exports, capital flows and a boost in consumption expenditure...

India’s Exports to China, Russia, Rise in FY 24

The country’s exports in the last fiscal (FY 24) rose substantially to markets...

Moody’s Says India’s GDP Set to Expand 6.1 Per Cent in 2024

Moody’s Analytics has projected the country’s economy to grow 6.1 per cent in 2024...

March GST Revenue Collection Up 11.5 pc YoY

Gross GST collection in March of this year moved northward by 11.5 per cent Year-on-Year (YoY) to Rs 1.78-lakh-crore...

India Cannot Match China’s 8-10 Per Cent Growth, Says Morgan Stanley

India cannot match its neighbour country China’s 8-to-10 per cent economic growth...

Moody’s Upgrades India’s FY 24 GDP Growth Forecast to 8 Per cent

Renowned global ratings agency Moody’s has upped its GDP growth forecast for the country for this fiscal (FY 24)...

Indian Economy Springs a Pleasant Surprise, Surges 8.4 Per cent in Q3 FY 24

Even as the global economy remains slow-paced, the Indian economy has displayed an exemplary resilience and growth in the third-quarter...

India’s New FDI Policy for Space Sector

The Indian government has now allowed Foreign Direct Investment (FDI) of up to 100 per cent in the space sector...

RBI Pegs FY 25 GDP Growth at 7 Per Cent

The Reserve Bank of India (RBI) said that economic activity in the country should be at an encouraging level in the next fiscal (FY 25)...

Now Indian Tourists Can Buy Tickets for Eiffel Tower in Paris via UPI

France has allowed the Unified Payments Interface or UPI to work in the country...

India Overtakes Hong Kong and Becomes World’s Fourth Largest Stock Market

India’s stock-market has overtaken Hong Kong and has become the world’s fourth biggest stock-market for the first time...

Indian Mutual Funds Industry: AUM Crosses Rs 50-lakh-cr Mark for the First Time

A creditable first was achieved in the Indian mutual funds industry in December 2023...

PHDCCI Report Says Indian Economy Will Reach USD 7-Trillion Mark By 2030

India will be the second-largest economy in the Asia-Pacific region and the third-largest in the world by 2030...

Dec GST Collection Rises to Rs 1.65-lakh-crore

The Goods and Services Tax (GST) revenue in December has registered a 10 per cent increase on a Year-on-Year...

India’s First-Ever Rupee Payment for Crude Oil Purchase From the UAE

India has made its first-ever rupee payment for the purchase of crude oil from the United Arab Emirates (UAE)...

India’s Forex Reserves Hit 20-Month High

India’s foreign exchange reserves moved northward for the fifth straight week...

Retail Inflation Rises to 5.5 Per Cent in Nov

Retail inflation in November this year climbed up to 5.5 per cent from 4.87 per cent in the previous month of October...

India’s Chief Economic Advisor Nageswaran Feels India May Be Understating Growth

On the back of a healthy GDP growth in the second-quarter of this fiscal (Q2 FY 24)...

India Economic Round-Up
FinMin Buoyant on Indian Economy in FY 24

India’s finance ministry is upbeat on the Indian economy’s performance this fiscal (FY 24). ....

Market cap of Indian market close to 4 trillion dollars

Very recently a "news" went viral claiming that India's economy has reached four trillion dollars, which turned out to be a fake one...

Digital Economy resulting 20 percent contribution to the total GDP

The country is far ahead in the era of digital transformation leaving many big countries behind...

Tata Tech IPO from 22nd November, price fixed at Rs 475 to 500

After a gap of almost two decades, Tata Group is coming up with its initial public offering (IPO) in the primary market...

Bloodbath in the stock market; Sensex, Nifty plummet, investors lose Rs 3 lakh crore

On the third consecutive day of the week, the Indian stock market saw a strong sell-off on Thursday....

1.63 lakh crore GST collection in September, 10.2 percent higher than last year

The government has released the GST collection data for September 2023....

Roaring inflation force 46% people to surrender life insurance policies...

There is an eye opening report on how roaring inflation is costing its adverse effects on the lives of common men's life...

IPOs raining: 4 companies coming up in capital market this week

In this ongoing season of rain, as many as four companies are launching IPO this week...

No such proposal of levying 10% additional GST on diesel engines: Nitin Gadkari

Union transport minister Nitin Gadkari's warning that the companies should reduce the production of diesel vehicles...

Golden opportunity to buy cheap gold from September 11

The Reserve Bank of India is giving people an opportunity to buy cheap gold at a lower price than the market price...

G20 preparations cost India Rs 4254 crore, many ministries bear the budget collectively

The G20 Summit 2023 was held in the country's national capital Delhi on 9 and 10 September...

G20 presidency helps India strengthen trade ties with member countries

The G20 presidency is helping India strengthen trade ties with member countries...

Several rules changing from this month in September

On the first day of every month many changes take place in the country, likewise many big changes are going to happen from 1st September...

With 7.8% GDP Growth rate, India is fastest among world

The Indian economy has made a great start to the current financial year and during the first quarter of April to June...

Pulses prices go up by 27 percent in one year, still rising

Despite all the efforts put by the Modi-led government, the price of pulses is going up and up...

India to be a fully developed country by 2047: Mukesh Ambani

Reliance Industries, one of the largest companies in the country, held its 46th Annual General Meeting...

Treatment expenses doubles in five years, double whammy for poor

The increasing prices of daily essential things have increased the burden of inflation on the common people...

More investment needed in space sector: ISRO chief

After the resounding success of Chandrayaan-3's mission, the expectation of boosting investment in space ventures...

GST on online gaming: Gaming platforms will have to pay 45 thousand crore outstanding tax

After a lot of deliberations, the central government has finally brought online gaming under the 28% tax...

Inflation rate hits 15-month high, goes upto 7.44 percent in July

Unprecedented increase in the price of food items including tomatoes, has led an all time high retail inflation rate...

'Har Ghar Tiranga' campaign to fetch business of 600 crores

The Confederation of All India Traders (CAT) is making massive efforts across the country to celebrate 'Har Ghar Tiranga Abhiyan'...

How to open a petrol pump? How to get license, how much will it cost

Have you ever thought of doing business through a petrol pump? This is a business that never slows down...

Seven lakh investors of Sahara applied for refund, will get money

To get back the money of the investors trapped in the schemes of Sahara, the government has started Sahara Portal...

India will be in the top-3 economy of the world in my third term: Modi

Indian Prime Minister Narendra Modi threw open the redeveloped International Exhibition-cum-Convention Center (IECC) in New Delhi on Wednesday evening...

Why did the booming stock market crashed on last weekend ?

In the last concluded week, the market was bullish for 6 consecutive days, however, on the last day of trading, the stock market fell sharply...

Tomato prices to not reduce for 2 months

Entire country is reeling under the high prices of tomatoes since last one month and even more worrying news for crores of people...

Stock market creates history, Sensex crosses 66,000 mark for the first time

On July 13, 2023, a new history the Indian stock market touched a new high as the BSE's Sensex crossed 66 thousand in the initial trade...

11,000 crore tender for 24 rakes of India's first bullet train

Dreams of running a bullet train in the country are slowly moving towards realization as the project's work is going on full speed...

India's road network grew by 59% in 9 years, second in the world after America

Enumerating the achievements of the 9-year rule of the Narendra Modi government...

​Employees Lay Off:Over 2.12 lakh job cuts in last six months​ in India

In the first half of this year 2023, from big tech companies to startups, more than 2.12 lakh employees have been laid off...

Record sale of houses across the country despite high inflation and high interest

You may be surprised to know that on the one hand the countrymen are troubled by inflation with interest rates at all time high...

Almost 33 stocks gave huge profits to investors this year

It is well known that according to the market conditions, there are fluctuations in the stock of the companies or simply saying...

GDP growth rate expected to be 6.5 percent: RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das has expressed confidence that the economic growth rate will be 6.5 percent in the current financial year ...

Indian market get 16k crore investment in June through FPI

The process of investing in Indian stock markets by foreign portfolio investors (FPIs) continues for the fourth consecutive month in June...

The market cap crosses Rs 292 lakh crore for the first time

The market capitalization of the Indian stock market has crossed Rs 292 lakh crore for the first time in the history of Indian Stock market...

Trade deficit of $22.12 billion in May, 10 percent decline in exports

The country's trade deficit has increased in the month of May as it was recorded as 22.12 billion dollars...

GDP Growth Rate: Economic growth rate crosses 7 percent

The Indian economy performed brilliantly in the last financial year despite adverse global conditions...

May becomes the worst month of the year for Indian Rupee

Wednesday was full of statistics on the economic front...

New Parliament Building: Central Vista Project cost Rs 20,000 crore

Amidst much protest from all opposition, the Prime Minister Narendra Modi inaugurated the new Parliament building on May 28, 2023 with all rituals...

Relief for employees of private companies! Tax exemption on Leave Encashment up to Rs 25 lakh

The Union Finance Ministry has given a big relief to the working class working in the offices of private companies by hiking the tax exemption limit...

Railways' bumper revenue, thanks to ticketless passengers; 2200 crores in one year

India has the highest number of railway passengers in the world. Railways are seen as a cheap and good public transport option across the country...

Stock market investors' wealth goes up by Rs 27 lakh crore in two months

The last two months of this year i.e. April and May have proved to be very auspicious for the investors of the Indian stock market...

India's GDP crosses $3.5 trillion, but concerns remain

The country's gross domestic product (GDP) may cross $3.5 trillion in 2022 and will remain the fastest growing economy among the G-20 economies...

Results of companies, global factors and FII will determine the movement of the market

After last week's fall in the stock market, this week many factors will decide the course of the market. Foreign investment...

Retail inflation lowest since 2021, prices of vegetables and food items decreased

There is news of some relief to the countrymen who are facing the brunt of inflation. The retail inflation rate has come down to 4.70% in April..

Retail inflation comes down to 6.44% in February

Retail inflation in the country has come down to 6.44% in the month of February...

5 major changes from May 1 including relief from spam calls and MSGs

In a country like India, many economic changes in the everyday life of common people start from the new financial year i.e. April 1..

India ranks 65th in the world on the list of monthly salary payments

May 1 is observed as the International Labor Day. This Everyone chooses a job or profession to meet the basic needs of himself and his family..

Inflation crossed RBI's 'Lakshman Rekha', inflation was 6.52 percent in January

It will no longer be possible to claim tax deduction twice on Home Loan Interest Rate...

Shock to home loan buyers, benefit not available on interest

It will no longer be possible to claim tax deduction twice on Home Loan Interest Rate as the government has finally closed the loophole...

India's inflation rate to fall down to 4 percent in 2024 - IMF

The International Monetary Fund (IMF) has predicted inflation in India to decline from 6.8 per cent in the current financial year...

What is an Economic Survey showing the economic picture of the country?

The fate and feat of the stock markets will be decided this week by the decision on the interest rates of the General Budget 2023-24...

Thousands of jobs lost in just 29 days, these Indian companies made huge layoffs

World-wide retrenchments that started from November last year continue to spread in India as well...

Budget 2023 to decide the path of the stock market in the coming week

The fate and feat of the stock markets will be decided this week by the decision on the interest rates of the General Budget 2023-24...

World's leading tech companies firing thousands of employees

Bad news keeps pouring in for IT sector companies. After companies like Google, Facebook and Amazon...

3,000 people losing their jobs every day, tech companies in big trouble

There has been an earthquake in the tech companies, where the phase of retrenchment is going on in many big companies of the world...

Google lays off 12,000 people, Sundar Pichai says -'I am sorry'

There seems to be no possibility of getting rid of the crisis of retrenchment in the tech sector...

RBI warns and stats shocks, game of crypto to stop!

Reserve Bank of India (RBI) Governor Shaktikanta Das has insisted that cryptocurrencies should be banned...

How much will your salary increase this year?

December 2022 saw a major decline in the Wholesale Inflation (WPI) rate...

Relief to the common men, wholesale inflation also decreased after retail

December 2022 saw a major decline in the Wholesale Inflation (WPI) rate...

Prime Minister Narendra Modi interacted with economists before the budget

Prime Minister Narendra Modi held discussions with economists and experts and took their suggestions ahead of the presentation of his government's last full budget...

Gold at all time high, 10 gram gold price reaches upto Rs 56,336

Gold has reached its all time high on Monday...

Jewelry, plastic to be expensive, govt may increase custom duty

Finance Minister Nirmala Sitharaman is going to present the Union Budget on 1 February 2023...