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Economy News

Jammu and Kashmir

Kashmir gets major tourism boost in 2024: Influx of record-breaking 1.25 million tourists so far

Kashmir is experiencing a tourism boom in 2024, with an influx of over 1.25 million visitors, which contributes to the local economy in a big way. The increase in tourism has a ripple effect on other industries, including horticulture and handicrafts. May 31, 2024
Reserve Bank Of India

RBI sees India as an emerging global hub for chips, electronics manufacturing

India's emerging sectors like renewable energy and semiconductors are expected to make rapid advances on the back of the recent initiatives by the government. May 30, 2024
sensex

Sensex sheds 220 points amid profit booking; midcap, smallcap stocks hit

Sensex sheds 220 points amid profit booking midcap, smallcap stocks hit May 29, 2024
sensex

Sensex flat again amid negative local and global cues

Indian equity benchmarks were trading flats on Friday, following negative global cues. May 24, 2024
sensex

Markets: Nifty at all-time high, Sensex jumps over 750 points

Indian stocks rise on Thursday, bouncing back from a flat session May 23, 2024
sensex

Sensex jumps 267 points, FMCG sector leads rally

Sensex was up 267 points or 0.36 per cent at 74,221 points and Nifty was up 68 points or 0.31 per cent at 22,597 points. May 23, 2024
it-industry-should-focus-on-cyber-security-says-modi

After 10 Years of Tech advancement, India shifts into high gear now: Industry leaders

Nearly 12 lakh new jobs have been created in electronics manufacturing alone, which has crossed $100 billion May 22, 2024
Chinese manufacturing, trade and economy

India to be fastest growing economy in next 3 years, to contribute 30% of global GDP in 2035-40

India will become the third largest economy in the world by 2030. The country will be the fastest-growing major economy in the next three years. Rating has been elevated from the "fragile 5" to the "top 5". May 22, 2024
icici home finance robbery

PPE-clad thieves rob Nashik ICICI Home Finance locker of Rs 5 Cr gold jewellery

At least two thieves, one shrouded in a PPE kit, broke into the locker hold of the ICICI Home Finance Co. Ltd Nashik branch and scooted off with gold jewellery worth around Rs 4.93 crore May 6, 2024
Reserve Bank of India (RBI)

RBI leaves key repo rate unchanged, focus on keeping inflation in check

The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in its monetary policy review for the seventh consecutive time, with the aim of keeping inflation in check and ensuring that the economy moves on a stable growth path. Apr 5, 2024
EPFO

EPFO introduces automatic transfer of PF balance for employees effective from today

EPFO has introduced a groundbreaking automatic transfer system for provident fund balances, streamlining the process for employees switching jobs. Apr 1, 2024
Finance Ministry

Finance Ministry refutes any change in new income tax regime

The Finance Ministry has clarified that there is no new change in the income tax regime that is coming in from April 1, 2024, as is being reported by some social media platforms. Apr 1, 2024
Mumbai, Beijing,

Mumbai overtakes Beijing to become Asia's new billionaire capital

Mumbai has surpassed Beijing to emerge as Asia's new billionaire capital while India has overtaken Germany to become the third-ranked country globally with 271 billionaires, according to the latest Hurun Research Institute report. Mar 26, 2024
India's forex reserves surge for 3rd week in row to touch $642.5 billion mark

India's forex reserves surge for 3rd week in row to touch $642.5 billion mark

India's foreign exchange reserves surged by $6.4 billion to touch a robust $642.5 billion for the week ended March 15, the latest data released by the RBI on Friday showed. Mar 23, 2024
Reserve Bank Of India

RBI slaps fines on Bank of India & Bandhan Bank for breach of rules

The Reserve Bank of India (RBI) has imposed fines on Bank of India and Bandhan Bank for breach of rules, the central bank said on Wednesday. Mar 14, 2024
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