Indian economy

India’s consumption gathers steam in post Covid phase amid global slowdown

Even as the Reserve Bank of India trimmed India’s growth projections to 6.8 per cent from the earlier 7 per…

2 years ago

India to grow between 6.5-7.1%: Deloitte

India’s growth rate Is expected to clock between 6.5 per cent and 7.1 per cent during the current financial year…

2 years ago

Cash driven Indian economy turning into a digital one: SBI

The Indian economy is undergoing a structural transformation, as the country’s cash dominated economy is gradually turning into a digital…

2 years ago

Bank credit rises as economy picks up

India’s bank credit –an important indicator of economic activities—has remained robust. According to the Reserve Bank of India data released…

2 years ago

Modinomics is working for India as economies slow worldwide

India’s continued focus on reforms and infrastructure development has enabled the country to strengthen its economic fundamentals and push GDP…

2 years ago

GST revenue for October increases to Rs 1,51,718 crore

The Centre's gross revenue collection on account of goods and services tax (GST) for the month of October stood at…

2 years ago

Are foreign investors packing their bags for India–the fastest growing major economy?

Indian economic managers are unfazed by the revision of the country’s GDP growth projections. The International Monetary Fund (IMF) on…

2 years ago

India to grow at around 7% this year despite headwinds: Sitharaman

Finance Minister Nirmala Sitharaman has said that India is likely to register a growth rate of about 7 per cent…

2 years ago

Singapore, UAE to accept RuPay payment mechanism: Finance Minister Sitharaman

Union Finance Minister Nirmala Sitharaman on Tuesday (local time) said that Singapore and UAE have shown interest to accept the…

2 years ago

Global investors bullish on India amid global turmoil

Global investors are betting big on India despite rising challenges driven by geopolitical shifts notwithstanding the lowering of growth projections…

2 years ago

With RBI’s aggressive gold buying, India now holds 9th largest yellow metal reserve

Is the Reserve Bank of India slowing down its gold purchase? In August, RBI’s gold purchase was much lower after…

2 years ago

GST collection jumps 27% to Rs 1.47 lakh crore in Sept

The gross goods and services tax (GST) revenue collection for September stood at Rs 1,47,686 crore – an increase of…

2 years ago

Inflation expected to ease as global oil prices dip, focus is now on growth

India is expected to shift its focus back on economic growth even as inflation inched upward touching the uncomfortable 7…

2 years ago

FDI inflow doubled in 8 years since ‘Make in India’ scheme launched

Since its launch in 2014, the flagship Make in India programme of the Narendra Modi government, has drawn foreign direct…

2 years ago

Cabinet approves game changing National Logistics Policy

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the National Logistics Policy to address issues hindering the…

2 years ago

ADB pegs India’s growth rate at 7%, China’s at 3.3% for this year

The Asian Development Bank (ADB) in its latest economic update has pegged India’s GDP growth rate at 7 per cent,…

2 years ago

India’s entrepreneurial generation to drive economic growth: Dhankhar

Vice President Jagdeep Dhankhar urged business and industry leaders to be more proactive to boost India’s Aatmanirbhar Bharat scheme. “India is…

2 years ago

PM Modi’s mantra for a vibrant democracy—Jan Bhagidari (People’s solidarity) and Jan Shakti (People’s power)—is key to Viksit Bharat

“Our strength lies in the people’s power. Our strength lies in each and every citizen of our country”- Prime Minister…

2 years ago

Top financial council takes stock of preparations for G20 summit

The Financial Stability and Development Council (FSDC), chaired by Finance and Corporate Affairs Minister Nirmala Sitharaman reviewed the state of…

2 years ago

Telecom reforms not enough, industry must step up its game too: Minister

More reforms will be brought into the Indian telecom sector but the industry must reciprocate by doing the needful to…

2 years ago

India’s labour reforms will foster gender parity

The Narendra Modi government is set to expedite efforts towards early implementation and notification of the pending labour codes to…

2 years ago