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Karnataka registered 10.2% GSDP growth in 2023-24

Karnataka's GSDP soared to 10.2% in 2023-24, outpacing the national average of 8.2%, despite a seve…

PTI   


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RBI may shift monetary stance to 'Neutral', rate cuts likely by December 2024: Nuvama

The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from the current 'withd…

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4 mins read

Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.

At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards heal…

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3 mins read

Stock markets rebound as GST revenues hit record in April

​​Stock markets rebounded on Thursday with benchmark Sensex closing higher by 128 points as record …

PTI   


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Indian economy likely to grow over 7% in 2024-25: Economic think tank NCAER

"Projected acceleration in both global growth and trade volumes, as well as a forecast of an abo…

PTI   


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Parliamentary panel recommends reduction in GST on insurance products

There is a need to reduce the GST rate on insurance products, especially health and term insurance,…

ANI   


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Resilient India to outperform most global economies in FY24, says Client Associates

India today is a compelling destination for both foreign direct and portfolio investors. For the fi…

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India's retail inflation in Sept eases to 3-month low; Aug IIP hits 10.3%

India's retail inflation declined to a three-month low of 5.02 in September, mainly due to easing f…

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Automobile dealers' association seeks GST cut on 2-wheelers from 28% to 18%

The Federation of Automobile Dealers Associations (FADA), the leading body of automobile retail in …

ANI   


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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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RBI may hike benchmark lending rates by 25 bps in April: DBS

The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly pol…

PTI   


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RBI can argue its case on inflation control say experts

The RBI's Monetary Policy Committee (MPC) will meet on November 3 to discuss what it would tell …

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Nirmala Sitharaman says India's fundamentals are perfect; no recession, stagflation risk

India does not face any risk of either recession or stagflation as its macroeconomic fundamentals a…

PTI   


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Karnataka traders and labour unions observe bandh against 5% GST on rice, foodgrains

The Agricultural Purchase Marketing Committee (APMC), commission agents, purchasers, traders, and l…

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3 mins read

Indian taxes on cottage cheese will hit the cottage industry and dairy lovers alike

Paneer and curd-loving Indians and farmers too will be affected by the change in GST laws

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RBI measures controlled inflation, but challenges remain say economists

Economists are of the view that the measures taken by the Reserve Bank of India (RBI) have controll…

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GST on services, not goods, will determine inflation

"Services, which is more than half of gross value added, will decide which way inflation will move,…

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1 min read

RBI could go for a rate cut soon! Here’s why

RBI could also lessen its interest rates because of these reasons. Talking of global crude…

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GST Council to walk a tightrope while deciding GST rate between 18-20%

"The more you move away from the standard rate of 20%, the inflationary pressures will rise. Inflat…

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Retail inflation falls to 5year low in June, may prompt RBI to cut rate

Retail inflation falls to 5yr low in June, may prompt RBI to cut rate