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3 mins read

Sensex, Nifty hit all-time closing high levels as RBI raises GDP growth projection

IT and interest rate-sensitive bank, realty, and auto stocks ended with sharp gains. The RB…

PTI   


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Finance Ministry confident of 6.5% growth in FY24 despite symmetric risks

The Indian Finance Ministry on Friday exuded confidence that the country will achieve 6.5% growth i…

PTI   


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2 mins read

Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans

Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…

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Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA

The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…

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2 mins read

RBI likely to transfer ₹1 trillion to government in FY25

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the governme…

ANI   


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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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3 mins read

India's power sector to rise 2.2x, defence sector to grow at 13% CAGR by 2030

India's power generation and transmission sectors are poised for substantial growth. Also, India's …

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1 min read

Morgan Stanley raises India's GDP growth forecast to 6.8% for FY25

According to Morgan Stanley, the outlook for India's GDP growth remains robust, with the expectatio…

ANI   


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2 mins read

Recent trend of slowdown in Capex to GDP and pick up in consumption a concern: Nuvama Equities

According to a report by Nuvama Wealth Management, in the past two quarters, the capex to GDP ratio…

ANI   


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Deloitte projects India's FY25 GDP growth at 6.6%

Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal…

PTI   


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4 mins read

RBI expects India’s GDP to grow at 7% in FY24; keeps repo rate unchanged

The Reserve Bank of India (RBI)’s Monetary Policy Committee unanimously decided to keep the repo ra…

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3 mins read

India’s first quarter GDP may surpass RBI MPC projection

​​​The Indian GDP may surpass the latest Reserve Bank of India projections for the first quarter of…

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2 mins read

India's FY24 third quarter GDP growth seen at 6%: ICRA

Credit rating agency ICRA on Wednesday said India's Gross Domestic Product (GDP) would grow at 6 pe…

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1 min read

Fitch retains India rating at 'BBB-' with stable outlook

India's rating has remained unchanged at 'BBB-', the lowest investment grade, since August 2006.

PTI   


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Indian stock markets open flat amid the anticipations of profit booking

The Indian stock markets opened flat on Tuesday amid the anticipations of profit-booking as the ben…

ANI   


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Rising claims pose challenge for health insurance sector in India, says Jefferies

The health insurance sector may face challenges in the coming months due to rising claims and incre…

ANI   


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4 mins read

RBI revises India’s FY24 growth outlook, expects softer inflation on the back of lower commodity prices

The Reserve Bank of India on Thursday revised India’s economic growth outlook upwards, expecting a …

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2 mins read

India economic momentum remains intact, set to achieve 6.5-7% growth, says Finmin Report

Tax collections, especially indirect taxes, which reflect transactions, are growing healthily, and …

PTI   


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Status quo: Markets trade flat after RBI MPC leaves repo rate unchanged at 6.5%

RBI MPC keeps repo rate at 6.5%. Governor optimistic about inflation and GDP growth. Nifty gainers:…

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1 min read

Bangladesh's inflation spikes to 12-year high to 11.66% in July, amid widespread anti-quota protests

The previous high of the general inflation rate was 9.94% last May, the report said. July was marke…

PTI