Economy News

Sensex closes flat, ICICI Bank and Bajaj Finserv top gainers

Sensex, Nifty trade flat after RBI cuts repo rate by 25 bps

The Indian stock market on Friday traded almost flat after the Reserve Bank of India (RBI) announced a 25 basis points (bps) cut in the repo rate.

Feb 7, 2025

RBI cuts repo rate by 25 basis points to 6.25 per cent to spur growth

The Reserve Bank of India's (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo rate by 25 basis points to 6.25 per cent.

Feb 7, 2025

RBI rolls out bank.in & fin.in internet domains to check fraud in digital payments

Reserve Bank of India (RBI) Governor Sanjay Malhotra announced on Friday that the central bank is introducing the 'bank.in' exclusive Internet Domain for Indian banks to combat increased instances of fraud in digital payments.

Feb 7, 2025

RBI gives go-ahead for forward contracts in Govt securities

The Reserve Bank Governor announced on Friday that the RBI will be introducing forward contracts in Government securities for which the directions will be issued shortly.

Feb 7, 2025

Cargo containers are seen stacked outside the container terminal of Jawaharlal Nehru Port Trust

Cargo handled at India's major ports surges to 819 million tonnes

The cargo handled at India's major ports has increased from 581.34 million tonnes in 2014-15 to 819.23 million tonnes in FY 2023-24, a compound annual growth rate (CAGR) of 3.5 per cent which is comparable to global standards

Feb 5, 2025

Gold prices set to fall further after Donald Trump's win

Gold hits all-time high at Rs 8,432 per gram amid geo-political uncertainties

Gold prices in India on Wednesday surged to an all-time high at Rs 8,432 per gram with an increase of Rs 1,322 as compared to Rs 8,310 on February 4, supported by safe-haven buying amid global uncertainties.

Feb 5, 2025

RBI likely to cut repo rate by 25 basis points for 1st time in 5 years

The Reserve Bank of India (RBI), in all likelihood, is set to cut the repo rate by 25 basis points for the first time in almost five years, aligning with the Budget's objectives of stimulating economic activity while managing a prudent fiscal position, which provides comfort on currency and inflation fronts, industry experts said on Wednesday.

Feb 5, 2025

RBI MPC: Goldman Sachs predicts 25 bps repo rate cut

The Reserve Bank of India (RBI) is likely to reduce the repo rate by 25 basis points (bps) in its upcoming monetary policy meeting (MPC) announcement

Feb 5, 2025

India's fiscal roadmap: Strong growth and stability despite tax cuts, says S&P Global

India's Union Budget aligns with the expectations of steady fiscal consolidation, reinforcing a positive outlook on the country's sovereign credit ratings, according to a report on Tuesday.

Feb 4, 2025

Union Budget's Realistic Approach to Economic Recovery

Morgan Stanley's report praises the Union Budget's realistic approach to economic recovery, highlighting its balance between growth support and fiscal consolidation. The budget projects a nominal GDP of 10.1% for fiscal year 2026, with a focus on stimulating consumption through tax cuts and increasing capital expenditure.

Feb 3, 2025

Mining sector records strong growth in production of key minerals

The production of key minerals, such as iron ore, manganese and aluminium, in the country has continued to witness strong growth during the first nine months (April-December) of FY 2024-25, after reaching record production levels in FY 2023-24.

Feb 3, 2025

Centre completes auction of 9 coal mines, to yield Rs 1,446 crore annual revenue

India's coal production clocks 6 pc growth to cross 830 million tonnes

India's coal sector has registered a 5.88 per cent increase in production to 830.66 million tonnes (MT) during April 2024 to January 2025 of the current financial year, from 784.51 MT recorded during the same period of 2023-24

Feb 3, 2025

94 pc of Indian workforce believe AI skills will skyrocket careers: Report

With India experiencing a transformative wave of Artificial Intelligence (AI) integration in workplaces, a new report on Monday showed that 94 per cent of professionals in the country believe that mastering AI skills will accelerate their career growth.

Feb 3, 2025

Anonymous workplace community platform Blind arriving in India this month

Blind, the world's leading anonymous community platform for working professionals, is launching in India this month, the company said on Monday.

Feb 3, 2025

Rs 50.65 lakh crore India Budget to boost entrepreneurship, innovation, investments

PHDCCI upbeat after Rs 50.65 lakh crore India Budget for state projects

The focus on public-private partnerships (PPP) in infrastructure, along with 50-year interest-free loans for state projects, is expected to create a multiplier effect not only boosting India's GDP but also strengthening the states' economy, leading industry chamber PHDCCI's President Hemant Jain said on Monday.

Feb 3, 2025

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Economy News

Sensex, Nifty trade flat after RBI cuts repo rate by 25 bps

RBI cuts repo rate by 25 basis points to 6.25 per cent to spur growth

RBI rolls out bank.in & fin.in internet domains to check fraud in digital payments

RBI gives go-ahead for forward contracts in Govt securities

Cargo handled at India's major ports surges to 819 million tonnes

Gold hits all-time high at Rs 8,432 per gram amid geo-political uncertainties

RBI likely to cut repo rate by 25 basis points for 1st time in 5 years

RBI MPC: Goldman Sachs predicts 25 bps repo rate cut

India's fiscal roadmap: Strong growth and stability despite tax cuts, says S&P Global

Union Budget's Realistic Approach to Economic Recovery

Mining sector records strong growth in production of key minerals

India's coal production clocks 6 pc growth to cross 830 million tonnes

94 pc of Indian workforce believe AI skills will skyrocket careers: Report

Anonymous workplace community platform Blind arriving in India this month

PHDCCI upbeat after Rs 50.65 lakh crore India Budget for state projects

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