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Continuity of government, policies give industry confidence of sustained high growth: Maruti Suzuki Chief

At Maruti Suzuki India's Annual General Meeting, Chairman R C Bhargava highlighted India’s achievem…

PTI   


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SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast

Indian economy is expected to grow at 7.0-7.1% in the April-June period, the first quarter of 2024-…

ANI   


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SBI able to support loan growth, lower deposit growth not a challenge: Khara

Some experts have been opining that this is due to flow of savings into higher yielding capit…

PTI   


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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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SBI report dismisses bank deposit concerns as a 'Statistical Myth'

As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …

ANI   


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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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RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%

The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…

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India needs to create 148 million additional jobs by 2030 given population growth, says IMF DMD Gopinath

Given the scale of what is needed, it is going to require basic reforms including land reforms and …

PTI   


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RBI Governor Shaktikanta Das projects 7.2% GDP growth for 2024-25, reports eased inflation to 5.1% in June

RBI Governor Shaktikanta Das says inflation will moderate from July onwards as the monsoon has impr…

ANI   


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Restaurant sector expected to turn around after tough Q1: Speciality Restaurants CMD

The restaurant industry faced temporary headwinds such as high food inflation and people dining out…

PTI   


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PVR INOX to close 70 non-performing screens in FY25, plan monetisation of real estate assets

The company will add 120 new screens in FY25 and close almost 60-70 non-performing screens, as it c…

PTI   


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Adtech company PubMatic lays off staffers as it tightens focus on growth areas like connected-TV ads

PubMatic said the layoff, which affected 1% of its overall head count, was part of a plan to stream…

Lara O'Reilly   


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Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi

Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…

PTI   


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India's economic momentum stays strong with composite PMI at 60.7 in July 2024: Anand Rathi report

The Services PMI, recorded 60.3 in July 2024, has consistently held above the 60-mark for seven con…

ANI   


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Russia's economy faces 'near stagnation' with sanctions whittling down annual GDP growth, European economist says

Russia's economy could be losing as much as 3% of its GDP a year due to Western sanctions, a Europe…

Jennifer Sor   


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PM Modi congratulates RBI Governor Das on A+ rating in Global Finance Report

Prime Minister Narendra Modi, on Wednesday, congratulated Reserve Bank of India's (RBI) Governor, S…

ANI   


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India's electronics manufacturing projected to double in next five years: ICICI Direct

The first quarter earnings season in the Indian stock market is almost over, with most major listed…

ANI   


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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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The Fed is repeating the same mistake that caused a decade of slow growth and high inflation in the 70s, according to one financial historian

A 50-basis-point rate cut is actually a big mistake on the Fed's part that risks sending inflation …

Christine Ji   


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"Design in India, Design for the World": PM Modi coins phrase from Red Fort to put thrust on indigenous design capabilities

The prime minister has pitched a new idea, "Design in India, Design for the World". Coining this ne…

ANI