Browsing: Economy

This acceleration highlights India’s potential and durability as the world’s fastest-growing major economy. According to PMI data, manufacturing activity has…

Based on statistics supplied by the National Statistical Office (NSO), the forecast for the current financial year (2023–24) has been…

The Finance Ministry of India has set an ambitious target, projecting the country’s economy to reach $7 trillion by the…

Estimates indicate that the economy will expand in real terms by 7.3%, up from 7.2% in the previous fiscal year.…

Axar Patel’s standout performance in India’s triumph over Afghanistan in the 1st T20I has sparked a shift in his perspective,…

In the third quarter, the US economy demonstrated resilience, expanding by 4.9%, although this growth was slightly below the previously…

The Finance Ministry asserts that the Indian economy possesses the resilience to maintain rapid growth even amidst global uncertainties. Citing…

India aims to achieve the milestone of becoming a USD 5 trillion economy by the end of 2025, as highlighted…

Retail inflation in India, as determined by the consumer price index, decreased from a 15-month high of 7.44 percent in July to 6.83 percent in August.

Although food costs continue to be a major worry, retail inflation in INDIA decreased to 6.83 percent in August from a 15-month high of 7.44 percent in July.

In the current environment, both relative and absolute terms, the 7.8% growth recorded by the Indian economy in Q1 of the current financial year is commendable.

India has made considerable achievements in localising the production of TVs and smartphones, but the IT hardware industry has not advanced as quickly.

The export prohibition is a grave blunder for India, both economically and strategically, even if it is quickly repealed.

On July 3, it was revealed that India is using Chinese Yuan/Renminbi to pay for its imports of Russian oil. Why should India pay in Chinese Yuan for Russian oil?

The MPC of the RBI, which sets interest rates, has decided to maintain the repo rate, the primary lending rate for the institution, at 6.5 percent.

When the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) meets today, June 6, to assess the economy’s prospects, all eyes will be on the meeting.

Since the 1980s, the US has experienced the highest rate of inflation, which has also led to price increases in other parts of the world.

The US dollar has recently been referred to as “the biggest financial terrorist” by Kotak Mahindra Bank CEO Uday Kotak.

Union Finance Minister Nirmala Sitharaman presented the full budget for the second term of the Modi government on February 1.

On April 1, 2023, the Foreign Trade Policy (FTP) 2023 will go into force.

The Office for National Statistics said that inflation in the United Kingdom increased to 7% in the 12 months ending in March, highest annual rate since March 1992.

The main consumer price index was 6.44%, just below January’s 6.52% level.

The wholesale pricing index (WPI)-based inflation rate has fallen for nine months in a row.

The FY23 Gross Domestic Product (GDP) Second Advance Estimate (2AE) maintains the earlier growth projection of 7% year over year (yoy) in the First Advance Estimate.

In the previous June-September quarter, the economy had grown at 6.3 per cent, down from 13.5 per cent in the April-June quarter.

As part of measures to cut prices, which surged to a record high last month.

Finance minister Nirmala Sitharaman announced a number of changes in the income tax slabs in the new tax regime.

The survey said the pace of price increases is not high enough to deter private consumption or low enough to weaken investment.

Once again, it’s budget time for the Union, and expectations are high.

India’s middle class, which makes up the majority of the people there, has high hopes for the upcoming budget on February 1.

The Indian economy will expand at a rate of 7% in the fiscal year 2022–2023 (FY 2022–2023).

Amazon is planning on letting go 18000 workers in this year as well after firing 10000 employees in November. This could be due to mass hiring in the pandemic.

The rate increases, which vary between 20 and 110 bps, will take effect on January 1st, 2023.

When India had its midnight encounter with fate years ago, it was one of the nations with the lowest per capita incomes in the world.

India’s central bank governor has raised interest rates for the third time in four months, bringing the total rate increase since May 2 to 25 basis points.

More than a hundred companies in the UK have adopted a four-day work week. It is as simple as it sounds and packed with benefits .

India has overtaken UK as the fifth largest economy. However, India’s per capita GDP is still 20 times lesser than UK. What’s the catch?