Halwa ceremony marking lock-in of Budget documents to be held tomorrow evening New Delhi, January 23: The customary Halwa ceremony, marking the final stage of the budget preparation process for full Budget of 2025-26, is set to be held in North Block on Friday evening....
Union Budget 2025 may introduce changes in income tax slabs: Nomura report New Delhi, Jan 23: Global financial services company Nomura on Thursday said the Centre will focus on both fiscal consolidation and growth-supportive measures in the upcoming Union Budget for 2025-202...
Domestic investment announcements cross Rs 37 Lakh Crore in last two years: SBI Report New Delhi, January 23: Domestic investment announcements in India have seen a remarkable surge, crossing Rs 37 lakh crore in the last two fiscal years (FY23 and FY24), according to a report by the Sta...
Private investment to GDP in FY24 set to hit 8-Year high since FY16: SBI Report New Delhi, January 23: Private investment in India is set to reach its highest level in eight years as a percentage of GDP in FY24, according to a report by the State Bank of India (SBI)....
H-1B Visa Policy unlikely to change, says Andhra Pradesh IT Minister Nara Lokesh at Davos Davos, January 23: At the World Economic Forum Annual Meeting 2025, Andhra Pradesh Minister for IT and Electronics, Nara Lokesh, shared his insights on the H-1B visa policy and its implications for In...
Investments by Indian firms surge 39 pc to Rs 32 lakh crore in April-Dec 2024: SBI report Mumbai, Jan 23: Indian companies have announced investments of over Rs 32 lakh crore during the first nine months (April-December) of the current financial year, which represents a 39 per cent jump co...
Vivek Oberoi shares a glimpse of an 'inspiring day' with Devendra Fadnavis Mumbai, Jan 23: Bollywood actor Vivek Oberoi recently took to social media to share a highlight from his "inspiring day" at the World Economic Forum (WEF) in Davos, where he had the opportunity to mee...
HDFC Bank clocks 2.2 pc net profit growth in Q3, gross NPA deteriorates Mumbai, Jan 22: India's largest private lender HDFC Bank on Wednesday reported a 2.2 per cent rise in its net profit for Q3 this fiscal, as its gross non-performing assets (NPA) ratio rose during the ...
PM Gati Shakti: Rs11.17 lakh crore mega push with 434 projects to transform India's logistics New Delhi, January 22: In a push to strengthen India's logistics infrastructure, the Ministry of Finance has announced the identification of 434 projects under the PM Gati Shakti initiative....
Union Budget will balance fiscal consolidation and growth; Capital expenditure likely to rise to Rs11-11.5 lakh cr: Report New Delhi, January 22: The Union Budget for the fiscal year 2025-26, to be presented on February 1, 2025, is expected to strike a delicate balance between fiscal consolidation and growth-oriented meas...
Indian economy to grow 6.5-6.8% in 2024-25 fiscal, projects Deloitte New Delhi, January 22: Amid evolving economic conditions, Deloitte India, in its latest Economic Outlook, has revised its annual GDP growth projection for 2024-25 to 6.5-6.8 per cent, with expectation...
Trump 2.0 jitters: Sensex tanks over 1,200 points, Nifty ends at 23,024 Mumbai, Jan 21: As the new US President Donald Trump began his second innings with signing several executive orders along with sounding threats about impending trade tariffs on certain countries and B...
Sensex tanks more than 800 points over impending Trump trade tariffs Mumbai, Jan 21: Indian stock markets saw a sharp decline on Tuesday, giving up their morning gains and trading significantly lower by midday as investors remain cautious about Trump trade tariffs....
Centre likely to stay on fiscal consolidation path in FY26, targets 4.5 pc fiscal deficit: Report New Delhi, January 21: The Centre is expected to continue its fiscal consolidation efforts in FY26, with a fiscal deficit target of 4.5 per cent of GDP, according to a report by Emkay Research....
Sensex opens higher as traders gear up for Trump's inauguration Mumbai, Jan 20: Indian benchmark indices opened higher on Monday, taking positive cues from its Asian peers, as traders geared up for Donald Trump's inauguration as the 47th US President....
CII survey reveals an optimistic outlook for the Indian economy, 75% of private firms term it conducive New Delhi, January 19: A recent survey by the Confederation of Indian Industry (CII) has revealed an optimistic outlook for the Indian economy, with 75% of companies believing that the current environ...
Govt capex, rising consumer spending to spur India's GDP growth in 2025-26: Report New Delhi, Jan 17: The Federation of Indian Chambers of Commerce and Industry (FICCI) is optimistic about India's economic outlook for 2025-26 as it expects the Government's continuing thrust on capit...
PM Modi says India selling more than 2.5 cr cars every year, more than population of many countries New Delhi, January 17: Prime Minister Narendra Modi highlighted that India's automotive sector is witnessing remarkable growth, with the country now selling over 2.5 crore cars annually, surpassing th...
Accelerated urbanisation, faster industrialisation and better infra to boost Indian real estate New Delhi, Jan 17: In a bid to further boost the Indian real estate sector, the Union budget can offer directional guidance for accelerated urbanisation to support sustainable growth, faster industria...
India's goods and services exports clock 6pc growth to scale $602bn mark in April-Dec New Delhi, Jan 15: India's total exports of merchandise and services have clocked a 6.03 per cent growth to $602.64 billion during April-December of the current financial year from $568.36 billion in ...
India's GDP growth set to further improve in 2nd half this year, market volatility to subside Mumbai, Jan 15: India's GDP growth is set to further improve in the second half this year due to macroeconomic stability, supported by significant foreign exchange reserves and a regulated twin defici...
India's trade deficit narrows in Dec, rupee bounces back New Delhi, Jan 15: India's trade deficit narrowed to $21.94 billion in December compared to the corresponding figure of $32.84 billion for November, as exports grew while imports declined on a month-t...
India's macros remain robust, long-term growth prospects steady: Report New Delhi, Jan 15: India's macros (like fiscal consolidation, strong balance sheets and recovery in consumption) remain robust amid slowing global growth and the country's long-term growth prospects r...
Budget 2025: Industry leaders say declining rupee will pose a challenge to fiscal management New Delhi, January 15: As Finance Minister Nirmala Sitharaman prepares to present her eighth budget, Industry leaders have shared their expectations, highlighting the need for reforms across taxation,...
High manufacturing cost led to surge in WPI inflation in December: Report New Delhi, January 15: The reason for the surge in wholesale inflation in the country in December is due to an increase in manufacturing inflation, according to a report by ICICI Bank....
Inflation to come down between 4.2-4.5 pc in fourth quarter of FY25: BoB Report New Delhi, January 15: Inflation in the country is expected to ease in the coming months, with Consumer Price Index (CPI) inflation projected to remain in the range of 4.2-4.5 per cent in the fourth q...
Net direct tax collections surge 16 pc to Rs 16.90 lakh crore so far in FY25 New Delhi, Jan 14: India's net direct tax collections recorded a robust 15.88 per cent jump to Rs 16.90 lakh crore during April 1, 2024-January 12, 2025 of the current financial year compared to the s...
Despite cyclical downturn in India, govt unlikely to unleash any fiscal stimulus measures: Report New Delhi, January 14: India is currently experiencing a cyclical economic downturn, with gross domestic product (GDP) growth projected at 6.1 per cent for both FY25 and FY26, according to a report by...
Indian corporates headed for better credit metrics in 2025-26: Fitch Mumbai, Jan 13: The credit metrics of rated Indian corporates are expected to improve in the next financial year (April 2025-March 2026) driven by wider EBITDA (Earnings Before Interest, Taxes, Deprec...
Foreign capital inflows return in Dec, RBI's easing cycle likely to begin in Feb New Delhi, Jan 13: The conditions are turning favourable for rate cuts in India and the Reserve Bank of India's (RBI) easing cycle is likely to begin from February, according to a report on Monday....
Indian economy growing steadily, budget and Trump 2.0 hold key to market returns New Delhi, Jan 13: With food inflation having peaked out and the government trying to accelerate capex spending, the Indian economy is growing steadily and upcoming Union Budget and Donald Trump 2.0 h...
Union budget may see fiscal consolidation but rural, welfare and subsidies may go up: Goldman Sachs Report New Delhi, January 13: With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two key concerns for policymakers, the pace of fiscal consolid...
Industry body CII seeks 10-point Ease of Doing Business reforms from Budget 2025 New Delhi, January 12: Industry body CII has put forward a 10-point specific suggestion before the central government ahead of Budget 2025, to increase Ease of Doing Business in India....
Value of rupee against dollar reached lowest level ever: Priyanka Gandhi Vadra criticises centre New Delhi, January 11: Congress leader Priyanka Gandhi Vadra on Saturday criticised the central government over the depreciation of the Indian rupee, claiming that the currency's value against the dol...
Direct selling is a growth catalyst: BJP MP and trade leader Praveen Khandelwal New Delhi, January 11: BJP MP and Secretary General of Confederation of All India Traders (CAIT) put additional emphasis on direct selling industry in India, emphasizing its potential to drive economi...
Garment Trade Associations urge GoM to abandon GST rate modification proposal New Delhi, January 11: The Clothing Manufacturers Association of India (CMAI), along with 14 prominent garment trade associations from across India, came together under the banner of "One Industry, On...
Industrial growth likely to slow down to 6.2 pc for FY25, revival hoped in second half: Report New Delhi, January 11: India's industrial sector is expected to grow at a slower pace of 6.2 per cent in FY25 compared to 9.5 per cent in FY24, as per advance estimates, primarily due to the base effe...
Higher govt spending, robust investment to boost IIP growth in H2 FY25: Economists New Delhi, Jan 10: Given the expectation of higher government spending followed by improvement in investment in the second half (H2), the Index of Industrial Production (IIP) growth is likely to be hi...
Centre releases over Rs 1.73 lakh crore to states as share in taxes New Delhi, Jan 10: The Union Government released a tax devolution of Rs 1,73,030 crore to state governments on Friday, up from the devolution of Rs 89,086 crore in December 2024....
Centre release 1.73 lakh crore to States towards tax devolution New Delhi, January 10: The Union Government has released tax devolution of Rs 1,73,030 crore to State Governments today, as against the devolution of Rs 89,086 crore in December 2024....
