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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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2 mins read

Investment in equity mutual funds surge 5-fold to Rs 94,151 cr in June qtr amid robust eco environment

The robust gain in the asset base was also replicated in the growth of investors in equity mutual f…

PTI   


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2 mins read

China is eyeing $1.4 trillion in fiscal stimulus and even more if Trump is elected, report says

China is weighing additional stimulus that would increase if Trump wins the US election. The candid…

Kelly Cloonan   


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2 mins read

S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct

S&P said the Union Budget in July outlined that the government remains committed to fiscal consolid…

PTI   


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2 mins read

FM Nirmala Sitharaman to present first budget of Modi 3.0 on July 23

The first full budget of the BJP-led NDA government in its third successive term will be presented …

ANI   


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2 mins read

India's strong economic recovery is led by fiscal expenditure: DSP MF

India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…

ANI   


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2 mins read

RBI approves highest-ever dividend payout of Rs 2.11 lakh crore to central government!

The Reserve Bank of India, on Wednesday, approved the highest-ever dividend payout of Rs 2.11 lakh …

PTI   


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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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4 mins read

Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts

According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…

PTI   


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2 mins read

RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…

ANI   


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3 mins read

Elon Musk took the stage at a Trump rally to talk about taxes and the 'Department of Government Efficiency'

Musk did not elaborate on policy changes or spending cuts he would implement if he were to join a h…

Katherine Tangalakis-Lippert   


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1 min read

Employment rose by 35% to 64.33 crore over last six fiscal years: MoS Karandlaje

On the issue of child labour, Karandlaje, in a separate reply said, it is an outcome of various soc…

PTI   


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2 mins read

Global government borrowing is set to top $100 trillion — and shows no signs of slowing down

Broader support for more public spending, resistance to tax hikes, and spending pressures have driv…

Theron Mohamed   


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2 mins read

Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report

The organised jewellery sector, which accounts for just over a third of the overall market, is pois…

ANI   


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6 mins read

Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget

From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…

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2 mins read

Morgan Stanley expects Budget to focus on road map for 'Viksit Bharat'

Sitharaman is scheduled to present the full Budget for fiscal 2024-25 on July 23, which will be the…

PTI   


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4 mins read

Jamie Dimon suggests he will remain at JPMorgan for a very long time

Jamie Dimon said his chance of working for the next US president is 'almost nil,' but his time as J…

Reed Alexander   


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3 mins read

Modi 3.0 will offer policy continuity, but BJP's loss of outright majority may slow down fiscal reforms: Moody's

This victory indicates continuity in policy, particularly in infrastructure spending and boosting d…

ANI   


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2 mins read

India's rating upgrade possible in next 24 months if fiscal deficit falls to 4%: S&P

The central government estimates to bring down fiscal deficit to 5.1% of the GDP in the current fis…

PTI   


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2 mins read

SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman

SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.

PTI