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Stocks Of ITC, Varun Beverages, Godfrey Phillips Decline Amid GST Hike Report
Shares of ITC, Varun Beverages and Godfrey Phillips India ended lower on Tuesday after the Group of Ministers on GST rate rationalisation decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products.
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ISRO Chief S Somanath Supports Elon Musk’s Model to Boost Space Economy
ISRO Chairman S Somanath stressed the importance of private-sector involvement in advancing India’s space activities. Speaking at Huddle Global 2024, he endorsed Elon Musk’s sustainable model for space exploration and highlighted the need to grow India’s satellite capabilities from 15 to 500 to expand its global footprint. Collaborative effor...
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India's GDP Growth Slowed To 5.4% In July-September, Lowest In 2 Years
India's economic growth slowed to near two-year low of 5.4 % in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors, but the country continued to remain the fastest-growing large economy.
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Indian Economy Strong Enough to Handle Global Shocks: RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is strong enough to handle any adverse fallout from global events.
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Indian Economy In "Sweet Spot", Says Moody's, Forecasts 7.2% Growth In 2024
Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next.
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Indian Economy To Touch $7 Trillion Mark By 2031: Report
The Indian economy is expected to clock a medium-term growth of 6.7 per cent on average between fiscal 2025 and 2031, and touch the $7 trillion mark, according to a report by rating agency CRISIL.
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India's Piracy Economy Stands at Rs 224 Billion in 2023: EY-IAMAI Report
India’s piracy economy hit Rs 224 billion in 2023, according to the EY-IAMAI report. Of this, Rs 137 billion came from pirated content in theatres, and Rs 87 billion from OTT platforms. Streaming accounted for the largest share of pirated content at 63%, followed by mobile apps and torrents. The report highlights that 51% of Indian media consumer...
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No Country, Whether US Or China, Can Ignore India: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman said that India wants to enhance its influence in the world as one in every six persons is Indian and the world cannot ignore India's economy.
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Biggest Challenge Before Indian Economy Is Employability: Nirmala Sitharaman
In a fireside chat on India's decadal economic reforms and continued economic growth in New York, Union Finance Minister Nirmala Sitharaman on Monday (local time) said that the biggest challenge before India is employability.
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Maldives President Fires Over 225 Political Appointees To Cut Costs
The Maldives president has sacked more than 225 political appointees, including ministers, in a bid to reduce the cash-strapped Indian Ocean nation's expenditure, his office said on Tuesday.
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'Surprised To See A Nation Begging For...': Indian Navy Chief On Pak Navy
Indian Navy Chief Admiral Dinesh Tripathi on Monday expressed concerns about Pakistan getting equipment and weapon support from China saying it is very surprising how an economy that is "faltering and begging" for international assistance.
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India To Become Third-Largest Economy By 2030: Report
India is on track to become the third-largest economy by fiscal 2030-31, driven by a robust projected annual growth rate of 6.7 per cent, a report by S&P Global projected on Thursday.
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India To Soon Top China Among Emerging Global Markets: Morgan Stanley
India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that is "only past the halfway mark", Morgan Stanley said.
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World Bank Upgrades India's FY25 Growth, Predicts Over 6% For Next 3 Years
The World Bank has upgraded India's growth forecast for FY25 to seven per cent from 6.6 per cent, the global financial body said in an India-focused report released Tuesday.
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GDP Grows By 6.7% In April-June vs 7.8% In Jan-March, Lowest In 5 Quarters
India's gross domestic product slowed to a quarter low of 6.7 per centin April-June this fiscal against 8.2 per cent in the year-ago period, mainly due to poor showing by the farm sector, shows government data.
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Stocks Of ITC, Varun Beverages, Godfrey Phillips Decline Amid GST Hike Report
Shares of ITC, Varun Beverages and Godfrey Phillips India ended lower on Tuesday after the Group of Ministers on GST rate rationalisation decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products.
-
ISRO Chief S Somanath Supports Elon Musk’s Model to Boost Space Economy
ISRO Chairman S Somanath stressed the importance of private-sector involvement in advancing India’s space activities. Speaking at Huddle Global 2024, he endorsed Elon Musk’s sustainable model for space exploration and highlighted the need to grow India’s satellite capabilities from 15 to 500 to expand its global footprint. Collaborative effor...
-
India's GDP Growth Slowed To 5.4% In July-September, Lowest In 2 Years
India's economic growth slowed to near two-year low of 5.4 % in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors, but the country continued to remain the fastest-growing large economy.
-
Indian Economy Strong Enough to Handle Global Shocks: RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is strong enough to handle any adverse fallout from global events.
-
Indian Economy In "Sweet Spot", Says Moody's, Forecasts 7.2% Growth In 2024
Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next.
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Indian Economy To Touch $7 Trillion Mark By 2031: Report
The Indian economy is expected to clock a medium-term growth of 6.7 per cent on average between fiscal 2025 and 2031, and touch the $7 trillion mark, according to a report by rating agency CRISIL.
-
India's Piracy Economy Stands at Rs 224 Billion in 2023: EY-IAMAI Report
India’s piracy economy hit Rs 224 billion in 2023, according to the EY-IAMAI report. Of this, Rs 137 billion came from pirated content in theatres, and Rs 87 billion from OTT platforms. Streaming accounted for the largest share of pirated content at 63%, followed by mobile apps and torrents. The report highlights that 51% of Indian media consumer...
-
No Country, Whether US Or China, Can Ignore India: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman said that India wants to enhance its influence in the world as one in every six persons is Indian and the world cannot ignore India's economy.
-
Biggest Challenge Before Indian Economy Is Employability: Nirmala Sitharaman
In a fireside chat on India's decadal economic reforms and continued economic growth in New York, Union Finance Minister Nirmala Sitharaman on Monday (local time) said that the biggest challenge before India is employability.
-
Maldives President Fires Over 225 Political Appointees To Cut Costs
The Maldives president has sacked more than 225 political appointees, including ministers, in a bid to reduce the cash-strapped Indian Ocean nation's expenditure, his office said on Tuesday.
-
'Surprised To See A Nation Begging For...': Indian Navy Chief On Pak Navy
Indian Navy Chief Admiral Dinesh Tripathi on Monday expressed concerns about Pakistan getting equipment and weapon support from China saying it is very surprising how an economy that is "faltering and begging" for international assistance.
-
India To Become Third-Largest Economy By 2030: Report
India is on track to become the third-largest economy by fiscal 2030-31, driven by a robust projected annual growth rate of 6.7 per cent, a report by S&P Global projected on Thursday.
-
India To Soon Top China Among Emerging Global Markets: Morgan Stanley
India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that is "only past the halfway mark", Morgan Stanley said.
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World Bank Upgrades India's FY25 Growth, Predicts Over 6% For Next 3 Years
The World Bank has upgraded India's growth forecast for FY25 to seven per cent from 6.6 per cent, the global financial body said in an India-focused report released Tuesday.
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GDP Grows By 6.7% In April-June vs 7.8% In Jan-March, Lowest In 5 Quarters
India's gross domestic product slowed to a quarter low of 6.7 per centin April-June this fiscal against 8.2 per cent in the year-ago period, mainly due to poor showing by the farm sector, shows government data.
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