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Fitch Raises India's Growth Forecast To 6.9% From 6.5% This Fiscal
Fitch Ratings has raised its forecast for India's economic growth for the current fiscal year to 6.9% from 6.5% earlier, citing stronger-than-expected momentum in the June quarter driven by robust services activity and resilient consumption.
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'Spurt In Consumption To Meet Fiscal Deficit Target Of 4.4%': Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs 48,000 crore following reduction in tax rates on a host of items
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Apple's India Sales Skyrocket To Record $9 Billion After Big Retail Push
Apple Inc.'s annual sales in India hit a record of nearly $9 billion in the last fiscal year, signalling growing consumer demand for its flagship devices as the company ramps up its retail footprint in the world's most populous country.
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GST Reforms To Cause Rs 3,700 Crore Revenue Loss To Government: SBI Report
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore.
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"Economy To Sustain High Growth Momentum In Coming Quarters": Top Economist
Chief Economic Adviser (CEA) V Anantha Nageswaran on Saturday said the high growth momentum exhibited in the first quarter of the current fiscal is expected to continue in the coming quarter as well, with a downward bias emanating from high US tariff
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Trump Administration Proposes New Visa Restrictions For Students, Journalists
The Trump administration aims to tighten the duration of visas for students, cultural exchange visitors and members of the media, according to a proposed government regulation issued on Wednesday, part of a broader crackdown on legal immigration.
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Indias Tyre Sector Expected to Grow 7-8% This Fiscal
Driven by strong replacement demand and festive season boost, India's tyre industry is projected to grow 7-8% this fiscal despite muted OEM offtake and export headwinds.
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Air India, Air India Express Post Rs 9,568-Crore Loss Before Tax In Financial Year 2025
Air India and Air India Express together posted a loss before tax of Rs 9,568.4 crore in the financial year ended March 2025, according to the civil aviation ministry.
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Railways Received 1,00,280 Water Complaints, 33.84% Not Resolved On Time: Report
The Indian Railways received a total of 1,00,280 complaints regarding the non-availability of water in toilets and wash basins in coaches during the 2022-23 fiscal year, the Comptroller and Auditor General of India (CAG) said in its report.
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After S&P Rating Upgrade, BJP Attacks Rahul Gandhi Over "Dead Economy" Remark
The comment of Congress's Rahul Gandhi that India is a "dead economy" had backfired after S&P Global Ratings raised its long-term unsolicited sovereign credit ratings on India to 'BBB' from 'BBB-', and its short-term ratings to 'A-2' from 'A-3'.
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S&P Global Upgrades India Rating On Economic Resilience. What It Means
S&P Global, the rating agency, has raised India's long-term unsolicited sovereign credit ratings to "BBB" from "BBB-" on Thursday, citing economic resilience and sustained fiscal consolidation.
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Amid Buzz Around 8th Pay Commission, Here's What Centre Said On Dearness Allowance Freeze
The government has officially ruled out releasing the dearness allowance (DA) and dearness relief (DR) arrears frozen during the Covid-19 pandemic, citing fiscal constraints.
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"Who Paid For Freebies?" Rekha Gupta, Atishi Face Off In Delhi Assembly
The Delhi Assembly witnessed a no-holds-barred showdown on Thursday as Chief Minister Rekha Gupta and Leader of Opposition Atishi clashed over a report by the Comptroller and Auditor General.
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Pakistan Misses 3 Out Of 5 IMF Targets Before 2nd Review Of $7 Billion Loan
Pakistan has missed three out of the five targets set by the International Monetary Fund (IMF) for the second review of the USD 7 billion bailout package, a media report said on Wednesday.
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Apple Revenue Forecast Beats Estimates, Tariff Costs Projected at $1.1 Billion
Apple reported $94.04 billion in revenue for its fiscal third quarter ended on June 28, up nearly 10 percent from a year earlier and beating analyst expectations of $89.54 billion, according to LSEG data. Its earnings per share of $1.57 topped expectations for $1.43 per share.
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Fitch Raises India's Growth Forecast To 6.9% From 6.5% This Fiscal
Fitch Ratings has raised its forecast for India's economic growth for the current fiscal year to 6.9% from 6.5% earlier, citing stronger-than-expected momentum in the June quarter driven by robust services activity and resilient consumption.
-
'Spurt In Consumption To Meet Fiscal Deficit Target Of 4.4%': Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs 48,000 crore following reduction in tax rates on a host of items
-
Apple's India Sales Skyrocket To Record $9 Billion After Big Retail Push
Apple Inc.'s annual sales in India hit a record of nearly $9 billion in the last fiscal year, signalling growing consumer demand for its flagship devices as the company ramps up its retail footprint in the world's most populous country.
-
GST Reforms To Cause Rs 3,700 Crore Revenue Loss To Government: SBI Report
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore.
-
"Economy To Sustain High Growth Momentum In Coming Quarters": Top Economist
Chief Economic Adviser (CEA) V Anantha Nageswaran on Saturday said the high growth momentum exhibited in the first quarter of the current fiscal is expected to continue in the coming quarter as well, with a downward bias emanating from high US tariff
-
Trump Administration Proposes New Visa Restrictions For Students, Journalists
The Trump administration aims to tighten the duration of visas for students, cultural exchange visitors and members of the media, according to a proposed government regulation issued on Wednesday, part of a broader crackdown on legal immigration.
-
Indias Tyre Sector Expected to Grow 7-8% This Fiscal
Driven by strong replacement demand and festive season boost, India's tyre industry is projected to grow 7-8% this fiscal despite muted OEM offtake and export headwinds.
-
Air India, Air India Express Post Rs 9,568-Crore Loss Before Tax In Financial Year 2025
Air India and Air India Express together posted a loss before tax of Rs 9,568.4 crore in the financial year ended March 2025, according to the civil aviation ministry.
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Railways Received 1,00,280 Water Complaints, 33.84% Not Resolved On Time: Report
The Indian Railways received a total of 1,00,280 complaints regarding the non-availability of water in toilets and wash basins in coaches during the 2022-23 fiscal year, the Comptroller and Auditor General of India (CAG) said in its report.
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After S&P Rating Upgrade, BJP Attacks Rahul Gandhi Over "Dead Economy" Remark
The comment of Congress's Rahul Gandhi that India is a "dead economy" had backfired after S&P Global Ratings raised its long-term unsolicited sovereign credit ratings on India to 'BBB' from 'BBB-', and its short-term ratings to 'A-2' from 'A-3'.
-
S&P Global Upgrades India Rating On Economic Resilience. What It Means
S&P Global, the rating agency, has raised India's long-term unsolicited sovereign credit ratings to "BBB" from "BBB-" on Thursday, citing economic resilience and sustained fiscal consolidation.
-
Amid Buzz Around 8th Pay Commission, Here's What Centre Said On Dearness Allowance Freeze
The government has officially ruled out releasing the dearness allowance (DA) and dearness relief (DR) arrears frozen during the Covid-19 pandemic, citing fiscal constraints.
-
"Who Paid For Freebies?" Rekha Gupta, Atishi Face Off In Delhi Assembly
The Delhi Assembly witnessed a no-holds-barred showdown on Thursday as Chief Minister Rekha Gupta and Leader of Opposition Atishi clashed over a report by the Comptroller and Auditor General.
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Pakistan Misses 3 Out Of 5 IMF Targets Before 2nd Review Of $7 Billion Loan
Pakistan has missed three out of the five targets set by the International Monetary Fund (IMF) for the second review of the USD 7 billion bailout package, a media report said on Wednesday.
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Apple Revenue Forecast Beats Estimates, Tariff Costs Projected at $1.1 Billion
Apple reported $94.04 billion in revenue for its fiscal third quarter ended on June 28, up nearly 10 percent from a year earlier and beating analyst expectations of $89.54 billion, according to LSEG data. Its earnings per share of $1.57 topped expectations for $1.43 per share.
