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Economy News

India's public sector banks clocks 11 pc growth at Rs 236 lakh crore in April-Sep FY25

India's public sector banks clocks 11 pc growth at Rs 236 lakh crore in April-Sep FY25

Public sector banks (PSBs) showed strong performance in the first half of current fiscal (FY25) with 11 per cent annual growth. Nov 12, 2024
US oil drilling costs may reach $67-$70 per barrel by 2026 under Trump

US oil drilling costs may reach $67-$70 per barrel by 2026 under Trump

The Donald Trump presidency in the US could have a significant impact on the oil market, with potential growth largely dictated by price. Nov 11, 2024
Demat accounts rise to 171 million in August, up 4 million

Demat accounts in India reach 179 million in October: Report

As Indian stock markets continue to outperform compared to a global market, the number of total demat accounts increased to 179 million in October, from 175 million in September. Nov 11, 2024
Trump's return likely to bolster India's textile trade with US: Industry

Trump's return likely to bolster India's textile trade with US: Industry

The Confederation of Indian Textile Industry (CITI) on Monday said the return of Donald Trump as the next US President will bolster India's textile and apparel trade with its largest international market. Nov 11, 2024
Centre completes auction of 8 critical mineral blocks in big step to bolster self-reliance

Centre completes auction of 8 critical mineral blocks in big step to bolster self-reliance

India's Ministry of Mines successfully auctions 8 critical mineral blocks, securing vital resources for electronics, EVs, defense, and renewable energy. Nov 7, 2024
Reserve Bank of India (RBI)

RBI Governor rules out immediate rate cut as inflation still a concern

Reserve Bank of India Governor Shaktikanta Das on Wednesday said that although the central bank had shifted towards a softer neutral monetary policy stance to spur growth, this did not mean that an interest rate cut would happen immediately Nov 6, 2024
Cost of home-cooked veg thali spiked 20 pc in October

Cost of home-cooked veg thali increases 20 pc in October

Vegetable prices shore up costs of veg and non-veg thalis in the month of October, as the cost of a home-cooked veg thali surged 20 per cent (year-on-year) while the cost of a non-veg thali increased 5 per cent Nov 6, 2024
E-Commerce

India's smaller cities drive online sales during festive season: Report

India's festive season online sales surge 49% driven by Tier-II, Tier-III cities, accounting for over 60% sales Nov 6, 2024
Centre rolls out 7,663 extra trains to clear festive season rush

Centre rolls out 7,663 extra trains to clear festive season rush

The Railway Board has introduced another 7,663 special train services to cater to the festival season rush, from October 1 to November 30, which is a 73 per cent increase compared to the same period last year. Nov 6, 2024
India's kharif foodgrain output projected at record 1,647 lakh tonnes for 2024-25

India's kharif foodgrain output projected at record 1,647 lakh tonnes for 2024-25

India's total kharif foodgrain production for 2024-25, as per the first advance estimates, is projected at a record 1,647.05 lakh metric tonnes . Nov 5, 2024
Power demand in India declines for 1st time in 15 months, hydro gains steam

Power demand grows marginally in India as generation reaches 152 billion units in Oct

Power demand is estimated to have marginally risen to 0.4 per cent (year-on-year) to 140 billion units (BUs) in October after two consecutive months of decline. Nov 4, 2024
India hiring sees 11 pc surge in July, retail & telecom jobs lead

White-collar hiring in India up 10 pc in October, freshers' jobs up 6 pc

The white-collar hiring activity in India saw robust growth in October with a significant 10 per cent increase (year-on-year), with sectors like oil and gas, pharma/biotech, FMCG and IT emerging as primary drivers of this positive trend, according to a report on Monday. Nov 4, 2024
Indian economy goes for a toss

Strong investment, private consumption driving India's growth: UNCTAD

Indian economy is expected to record a growth of 6.8 per cent in 2024 and will clock an expansion of 6.3 per cent next year. Nov 3, 2024
market

IMF sees India driving growth in Asia-Pacific region

India remains the world's fastest-growing economy with investment and private consumption driving growth, according to the IMF's latest Regional Economic Outlook for Asia-Pacific. Nov 2, 2024
Muhurat trading signifies positive investor sentiment for Indian markets

Muhurat trading signifies positive investor sentiment for Indian markets

The Indian benchmark indices exhibited initial signs of a positive reversal this week, coinciding with the festive season. Nov 2, 2024
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Amit Shah ordered firing on students, says Rahul Gandhi. Prove it, govt fires back
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MSME Amendment Bill 2026 Introduced In Rajya Sabha To Ensure Faster Payments, Liquidity Support For Small Businesses
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Hormuz, Red Sea disruptions may impact profitability of Indian exporters and importers: Report
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Free navigation, commerce in global waters must be restored: India condemns Hormuz, Bab al-Mandab ship attacks
Free navigation, commerce in global waters must be restored: India condemns Hormuz, Bab al-Mandab ship attacks
Govt using SC order to avoid assurances on FIRs: CJP warns of fresh protests
Govt using SC order to avoid assurances on FIRs: CJP warns of fresh protests
Sensex jumps 889 points, Nifty reclaims 24,250 as IT, FMCG stocks rally
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After hours of heated debate, anti-paper leak Bill gets Lok Sabha nod
After hours of heated debate, anti-paper leak Bill gets Lok Sabha nod
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