Inflation Slides From 14-Month High to 5.48 pc
The country’s headline inflation slid from 14-month highs and stood at 5.48 per cent in November of this year.....
Category - Market Economy
ADB Lowers India’s GDP Forecast Amid Economic Challenges
The Asian Development Bank (ADB) has revised its projections for India’s economic growth, citing weaker-than-expected private investment and housing demand....
GST Collection Increases 8.5 pc to Rs 1.82-lakh-cr in November
The total Goods and Services Tax (GST) revenue expanded 8.5 per cent to over Rs 1.82-lakh-crore in November as compared to Rs 1.68-lakh-crore in the same month a year-ago....
India’s GDP Growth at 7-Quarter Low of 5.4 pc
The country’s Gross Domestic Product (GDP) expanded at a much lower 5.4 per cent during the July-to-September period of this year....
Decline in Reserves Continues, India's Foreign Exchange Reserves Drop for the 8th Consecutive Week
India's foreign exchange reserves have dropped for the 8th week in a row, raising concerns. According to data released by the Reserve Bank of India (RBI) on Friday....
India’s GDP Growth Slows to Two-Year Low, Drops to 5.4%
India’s economy witnessed a significant slowdown in the July-September quarter of the current fiscal year, with GDP growth falling to 5.4%....
Indian Govt Report Says Food Inflation to Reduce in Next Few Months
India’s finance ministry in its monthly economic review for October 2024 said that food inflation was expected to ease over the next few month....
S&P Global Lowers India’s GDP Growth Rate Forecast for FY 26 and FY 27
Global ratings agency S&P Global has updated its economic forecasts for Asia-Pacific economies after the election results in the United States (US)....
India’s Forex Reserves Decline by $18 Billion, Hit $657.89 Billion
India's foreign exchange (forex) reserves have witnessed a significant decline, dropping by $17.76 billion to reach $657.89 billion in the week ending November 15....
Indian Economy Well-Positioned to Withstand Global Challenges: RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das has expressed confidence in the resilience of the Indian economy....
India’s Ind Production Increases By 3.1 pc
The country’s industrial production increased by 3.1 per cent in September of this year, according to data released by the central government....
Indian Families' Wealth Rose by Rs 717 Lakh Crore in 10 Years...
Over the past decade, Indian households have seen a significant increase in their wealth, totaling around Rs 717 lakh crore....
India’s Forex Reserves Slide by USD 3.463-billion to USD 684.805-billion
The Reserve Bank of India (RBI) said that the country’s foreign exchange reserves has slid by USD 3.463-billion to USD 684.805-billion in the week ended October...
Indian Markets Slide: 1 in 6 Nifty 500 Stocks Drop Over 20%, Sensex Falls 9%
The recent market slump in India has hit the Nifty 500 hard, with 83 stocks—around one in every six—dropping over 20% from their peak values...
Sept CPI Inflation Rises to 5.49 Per Cent
Driven by high food prices, India’s Consumer Price Index (CPI)-linked inflation ...
Rupee Hits Record Low at 84.09 Against Dollar: Imports and Overseas Expenses Set to Rise
The Indian rupee tumbled to a new all-time low, closing at Rs 84.09 against the US dollar, marking an 11-paise drop...
Sanjeev Sanyal Appointed Chancellor of GIPE
Member of the Economic Advisory Council to the country’s prime minister, Mr Sanjeev Sanyal, has been appointed as the Chancellor of GIPE...
ADB Retains India’s GDP Growth Projection for FY 25 at 7 Per Cent
The Manila-headquartered Asian Development Bank (ADB) has retained its projection on India’s GDP growth for this current fiscal year (FY 25)....
India To Be Third Largest Economy by 2030-31, Says S&P Global
India is on track to become the third-largest economy in the world by fiscal year 2030-31....
Ford Plans a Return to Tamil Nadu
Ford Motor Company plans to make a return to the country after stopping its operations here in 2021....
India to Drive 20 Per Cent Global Economy Growth, Says G20 Sherpa Amitabh Kant
G20 Sherpa Amitabh Kant has said that the country which is on track to become the third-largest economy globally...
Indian Share in Global FDI Registers a Southward Slide in 2023
The country’s share in the global Foreign Direct Investments (FDIs) has slid sharply to 2.1 per cent last year (2023) from a high of 6.5 per cent registered in 2020...
IMF Raises India's GDP Growth Forecast to 7% Amid Strong Economic Indicators
The International Monetary Fund (IMF) has revised its growth forecast for India’s economy, projecting a robust 7% expansion for the current financial year (FY25)...
SEBI Tightens Regulations on Influencers, Ends Commission-Based Advice
In a decisive move to protect investors, the Securities and Exchange Board of India (SEBI) has implemented strict regulations targeting finfluencers—social media personalities...
RBI's Forex Boost: India's Reserves Hit Record High of $681.68 Billion
In a significant development, the Reserve Bank of India (RBI) has announced a massive increase in the country's foreign exchange reserves...
Inflation has come down drastically in Europe, will it have an impact on India?
The European Union (EU) has witnessed a significant drop in inflation rates across its 20 member states that use the Euro currency...
GDP Growth Slows to 6.7% in April-June Quarter: Lowest in 15 Months
India's Gross Domestic Product (GDP) growth rate for the first quarter of the financial year 2025 (April-June) has dropped to 6.7%...
Goldman Sachs Trims India’s GDP Growth Forecasts for 2024, 2025
Goldman Sachs Group Inc has revised southwards the country’s GDP growth forecasts for the years 2024 and 2025...
India to Become Third-Largest Economy by 2027, Says IMF’s Gita Gopinath
The International Monetary Fund (IMF)’s First Deputy Managing Director Dr Gita Gopinath said recently that India was expected to become the third-largest economy...
Layoffs in India: Over 52,000 Jobs Lost in Retail Sector as Major Companies...
Unemployment continues to loom as a significant issue for India’s large youth population, and recent data reveals a troubling trend...
Deloitte Expects India’s Economy to Grow at 7-7.2 Per Cent in FY 25
India’s economy is expected to expand at 7-to-7.2 per cent this fiscal (FY 25)...
Sensex Plummets Amid U.S. Recession Fears: Markets Face Major Setback
On August 5, fears of a looming recession in the United States triggered a significant sell-off in the Indian stock market...
India’s Forex Reserves Drop to USD 667.386-bn
The country’s foreign exchange reserves slipped by USD 3.471-billion to USD 667.386-billion for the week ended July 26...
Market Update: Sensex Plummets Over 650 Points, Nifty Drops 200 Points; Pharma and Healthcare Buck the Trend
On the last trading day of the week, August 2, the stock market experienced a significant decline...
PM Modi Announces ₹75,000 Grant Per Household in PM Surya Ghar Yojana...
Prime Minister Narendra Modi unveiled a major initiative during the inaugural session of 'Journey Towards Developed India' at Vigyan Bhawan in Delhi...
India Among Top 25 Arms Exporting Countries
India has now emerged as one amongst the top 25 arms exporting nations. At one time, India was the world’s second-largest importer,...
India’s IIP Expands 5.9 Per Cent in May
The country’s Index of Industrial Production (IIP) expanded 5.9 per cent in May of this year ...
Inflation increased due to costly food items
After inflation seemed under control for a few months before the Lok Sabha elections, people are again facing this same perennial problem...
Goods, Services Exports to Surpass USD 800-bn in FY 25: Goyal
The country’s exports of goods and services are expected to breach the USD 800-billion mark by the end of this financial year...
Sensex's new record, increases by 10,000 points in just 138 days
Bombay Stock Exchange has completed the journey of next 10,000 in the least number of trading days for the first time in history...
June GST Collection at Rs 1.74-lakh-crore
India’s June month’s Goods and Services Tax (GST) collection stood at Rs 1.74-lakh-crore...
Fitch Ups FY 25 Eco Growth Forecast to 7.2 pc
Fitch Ratings has upped India’s economic growth forecast for this fiscal (FY 25) to a healthy 7.2 per cent ...
iPhone Exports from India Hit USD 2-billion in April-May Period
Apple Inc has exported iPhones valued at over USD 2-billion from India in the first two-months of the current financial year (FY 25)...
Sensex crossed 77,000 for the first time, likely to touch 78,000 this month
On the first trading day of the week i.e. on June 10, the Sensex climbed 386 points to an all-time high of 77,079...
India’s May GST Collection Up 10 pc YoY
The country’s Goods and Services Tax (GST) collection for May of this year stood at Rs 1.73-lakh-crore...
S&P Global Revises India Outlook to Positive
India’s healthy economic expansion is having a positive impact on its credit metrics, according to S&P Global Ratings...
RBI brings 100 tonnes of gold from UK, the plane arrives under special security
The Reserve Bank of India (RBI) has recalled 100 tonnes (about 1 lakh kg) of gold from Britain...
UN Ups India’s 2024 GDP Growth To 6.9 pc
The United Nations (UN) has upped the country’s growth projection for 2024...
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..
Property sales down, yet Mumbai earns record from stamp duty
The capital city of India - Mumbai - is considered to be the largest and costliest real estate market in the country...
IMF estimates, Indian economy to grow at the rate of 6 percent
The International Monetary Fund (IMF) has estimated that India's economy could grow at a rate of 6 per cent in the current financial year...
Another blow of inflation: Bathing, washing clothing.. all to be expensive now
Although there has been some relief in the retail inflation rate, the common man is still suffering from inflation...
Heat waves to adversely impact India's prospect to march ahead
Heat waves are about to hit India when we all will have dry throat, sweaty body, frequent power cuts and fear of getting scalded...
Inflation in the last 10 years has robbed your pocket
Rising inflation has broken the back of the common man. Running a household with inflation is becoming more challenging...
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...