Economy News

Economic Survey 2023-24: Economy continues to expand, inflation largely under control

The Centre on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha. The survey presented by Finance Minister Nirmala Sitharaman and prepared by the Economic Division under the Ministry of Finance provides a detailed analysis of the economic performance for the fiscal year 2023-24.

Jul 22, 2024

India's inflation rate 5.6% higher than most other nations: Bank of Baroda

Retail inflation at 5.4 pc in FY24, lowest since pandemic: Economic Survey 2023-24

Timely policy interventions by the government and the Reserve Bank of India's (RBI) price stability measures helped retail inflation stand at 5.4 per cent -- the lowest since the pandemic

Jul 22, 2024

Economic Survey pegs India's GDP growth rate at 6.5-7 pc for 2024-25

The Economic Survey tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday projects India's GDP growth rate at 6.5 to 7 per cent for 2024-25 as it sees the economy on a strong wicket.

Jul 22, 2024

Luxury homes worth crores selling like hot cakes in India this year

Aligned with the continuous momentum in the real estate industry, the sale of houses costing Rs 4 crore and above went up 27 per cent in the first half of this year.

Jul 20, 2024

Paytm share price sees positive momentum, as firm announces Q1 FY25 results

In a wider trend when stock prices of domestic technology majors are down by 2-2.7 per cent, One 97 Communications, the parent company that operates the brand Paytm, has seen an upward trend, after the firm announced its financial results for the first quarter of FY 2025.

Jul 20, 2024

Stock Market Down, Bear Market, Bearish, Sensex Down

Selloff frenzy grips Indian stock markets, investors lose Rs 8 lakh crore

The Indian equity market witnessed a sharp selloff on Friday, following weak global cues and profit booking on higher levels.

Jul 19, 2024

LIC shares witness huge support, records 78% surge in one year

India's largest insurance company, LIC's shares railed 78 per cent over the last one year, following strong operational performance or positive sentiment for PSU shares among the investors.

Jul 18, 2024

Union Budget: Electronics players pitch for support to local TV manufacturing

Electronics manufacturers on Thursday urged the government to prioritise comprehensive support for the local manufacturing of electronics, including the television industry, on the lines of mobile devices.

Jul 18, 2024

India records robust services sector growth in June, hiring at 2-year high

ADB on same page with other global agencies, forecasts robust growth in India's industrial sector

The Asian Development Bank (ADB) has kept India's growth forecast unchanged at 7 per cent in 2024-25 as it sees the country as the fastest growing economy with robust growth in the industrial sector and a rebound in agriculture due to a better monsoon.

Jul 17, 2024

Up to six months' imprisonment for publishing certain kinds of export/import info

Indian exports remain resilient in Q1 FY25

Indian exports remained resilient in the first quarter of current fiscal (FY25), as core export goods such as drugs and pharmaceuticals, engineering goods, organic and inorganic chemicals and readymade garments exhibited positive growth.

Jul 17, 2024

IMF Upgrades India's GDP Growth Forecast to 7% for 2024-25

India and China are expected to account for almost half of global growth in 2024

Jul 17, 2024

Union Budget To Focus On Agriculture, Welfare, And, Of Course, Jobs

The Union Budget 2024 is expected to focus on agriculture, welfare schemes, and job creation, with increased funding for programs like PMAY and MNREGA.

Jul 16, 2024

Automobile sales soar in Apr-June quarter, clock 9 pc growth

The retail sales of automobiles in the country registered a 9 per cent growth in the April-June quarter of the financial year 2024-25, compared to the same period last year, according to figures compiled by the Federation of Automobile Dealers Associations (FADA).

Jul 16, 2024

SBI hikes lending rates, loans to carry higher rate of interest

The country's largest lender State Bank of India (SBI) has raised its benchmark marginal cost of lending rate (MCLR) by 5-10 basis points with effect from Monday (July 15).

Jul 15, 2024

Social media companies Google, Facebook, Twitter and others

Gig Economy is here to stay, thrives big as Indian employers remain optimistic

A report by TeamLease EdTech reveals 78.57% of Indian employers are optimistic about gig workers' performance

Jul 15, 2024

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Economy News

Economic Survey 2023-24: Economy continues to expand, inflation largely under control

Retail inflation at 5.4 pc in FY24, lowest since pandemic: Economic Survey 2023-24

Economic Survey pegs India's GDP growth rate at 6.5-7 pc for 2024-25

Luxury homes worth crores selling like hot cakes in India this year

Paytm share price sees positive momentum, as firm announces Q1 FY25 results

Selloff frenzy grips Indian stock markets, investors lose Rs 8 lakh crore

LIC shares witness huge support, records 78% surge in one year

Union Budget: Electronics players pitch for support to local TV manufacturing

ADB on same page with other global agencies, forecasts robust growth in India's industrial sector

Indian exports remain resilient in Q1 FY25

IMF Upgrades India's GDP Growth Forecast to 7% for 2024-25

Union Budget To Focus On Agriculture, Welfare, And, Of Course, Jobs

Automobile sales soar in Apr-June quarter, clock 9 pc growth

SBI hikes lending rates, loans to carry higher rate of interest

Gig Economy is here to stay, thrives big as Indian employers remain optimistic

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

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

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