Economy News

Union Finance Minister Nirmala Sitharaman.

India, US forge strong foundation for a peaceful global community: Sitharaman

Finance Minister Nirmala Sitharaman has said that India and the U.S. are forging a strong foundation for a peaceful and harmonious global community.

Apr 16, 2023

Funding crunch hits Indian startups, down 75% in Q1 2023; No new unicorn in 3 months

Indian startups raised a total of $2.8 billion in funds in the first quarter of 2023, a massive 75 per cent lower compared to the same period in the previous year ($11.9 billion)

Apr 11, 2023

Shaktikanta Das, Governor, Reserve Bank of India

Pre-sanctioned credit lines at banks through UPI: RBI

Expanding the scope of Unified Payments Interface (UPI), the Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said pre-sanctioned credit lines at banks through the former will be allowed.

Apr 6, 2023

No change in repo rate, GDP projected at 6.5% for FY24

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Thursday unanimously decided not to revise the repo rate, the central bank's Governor Shaktikanta Das announced.

Apr 6, 2023

Odisha receives investment intents worth Rs 21,000cr

Odisha receives investment intent worth Rs 26K cr at business meet in Tokyo

The government of Odisha in association with the Indian Embassy in Japan, the Japan External Trade Organisation (JETRO), and the Federation of Indian Chamber of Commerce and Industry (FICCI), hosted the Tokyo meet, which was attended by over 200 delegates

Apr 6, 2023

World Bank slashes India's GDP growth estimate from 6.5% to 6.3% for 2023-24

World Bank downgrades India's GDP growth estimate from 6.5% to 6.3% for 2023-24 in its latest report, mainly due to consumption falling owing to higher borrowing costs

Apr 4, 2023

EPFO payroll data: EPFO adds 15.29 lakh net subscribers during the month of January, 2022

EPFO increases interest rate on employees' provident fund for 2022-23 to 8.15% from 8.1%

EPFO has recommended increase of rate on employees' provident fund for 2022-23 to 8.15% from 8.1% last year

Mar 28, 2023

RBI's Shaktikanta Das awarded "Governor of the Year"; commended for unwavering leadership

In honour by an international economic research journal, RBI's Shaktikanta Das was awarded "Governor of the Year" for 2023 by Central Banking.

Mar 16, 2023

Adani shares recover; group clears margin-linked share-backed loans of $2.15 billion, Adani ranks 21 now

Last week, there were even reports of the group mulling selling 4-5 per cent of its stake in Ambuja Cements worth $450 million

Mar 13, 2023

US adds 311,000 jobs in February, all eyes on likely Fed rate hike now

The American economy added 311,000 jobs in the month of February and an average of 351,000 jobs added per month over the past three months

Mar 11, 2023

Charting the rise and fall of Adani group shares before and after Hindenburg Report: No sign of relief or debt refinance yet

Five weeks after the scathing Hindenburg Report came out, almost all of the Adani Group's listed companies are plunging. Here is our take on the stock's up and down volatility before and after the Hindenburg Report

Feb 28, 2023

RBI stops printing Rs 2,000 notes two years after demonetisation

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Economy News

India, US forge strong foundation for a peaceful global community: Sitharaman

Funding crunch hits Indian startups, down 75% in Q1 2023; No new unicorn in 3 months

Pre-sanctioned credit lines at banks through UPI: RBI

No change in repo rate, GDP projected at 6.5% for FY24

Odisha receives investment intent worth Rs 26K cr at business meet in Tokyo

World Bank slashes India's GDP growth estimate from 6.5% to 6.3% for 2023-24

EPFO increases interest rate on employees' provident fund for 2022-23 to 8.15% from 8.1%

RBI's Shaktikanta Das awarded "Governor of the Year"; commended for unwavering leadership

Adani shares recover; group clears margin-linked share-backed loans of $2.15 billion, Adani ranks 21 now

US adds 311,000 jobs in February, all eyes on likely Fed rate hike now

Charting the rise and fall of Adani group shares before and after Hindenburg Report: No sign of relief or debt refinance yet

Demonetisation widened tax net, led to seizure of Rs 900 Cr: Finance Ministry

Who's Ajay Banga? Former Mastercard CEO to head World Bank next

Protesting Himachal truck owners thank Hindenburg report; Say godsend in resolving dispute with Adanis

CBDT notifies ITR forms for assessment year 2023-24

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react