Prime Minister Narendra Modi is set to release the 18th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on Saturday, at an event in Washim, Maharashtra. ... read..
The ongoing conflict between Israel and Iran is not expected to have a significant impact on India's crude oil imports, as experts pointed out that India's crude imports from Iran are almost negligible. ... read..
If the Reserve Bank of India goes for a potential 50 basis point (bp) cut in the repo rate, it is expected to negatively impact the net interest margins (NIMs) of large private banks by 15-20 basis points, highlighted a report by Nomura. ... read..
Services sector growth in India, in terms of new business, international sales and output, rose at the slowest rates since November 2023, HSBC India Services PMI showed on Friday. ... read..
Apple plans to open four more retail stores in India - each in Bengaluru, Pune, Delhi-NCR, and Mumbai, the US multinational electronics manufacturer announced on Friday. ... read..
The Indian rupee faced strong competition in the last quarter from other major Asian currencies, particularly Japan's yen and the Chinese yuan. ... read..
Union Finance Minister Nirmala Sitharaman outlined the critical pillars of India's economic growth at the Kautilya Economic Conclave, in New Delhi on Friday. In her speech, the finance ministers highlighted the reforms done in India's banking sector and i ... read..
Speaking at the Kautilya Economic Conclave, Union Finance Minister highlighted the government's commitment to reduce fiscal deficit, from 5.6 per cent of GDP in FY24 to 4.9 per cent in FY25. She emphasised that with enhanced revenue collections, the gover ... read..
US Secretary of Commerce Gina Raimondo and Union Minister of Commerce and Industry Piyush Goyal convened the 6th ministerial-level U.S.-India Commercial Dialogue on Friday, reviewing the progress made since the 5th ministerial meeting in March 2023 in New ... read..
Mumbai (Maharashtra) | October 4, 2024 11:11:39 AM IST
In the past five trading sessions, Indian stock markets have seen a significant erosion of investor wealth, with around Rs 13 lakh crore wiped out, according to data from the Bombay Stock Exchange (BSE). ... read..
Union Minister Piyush Goyal highlighted that it was a very difficult task to bring back the manufacturing in the country as the economic situation was very bad when PM Modi took charge in 2014. ... read..
Mumbai (Maharashtra) | October 4, 2024 9:41:40 AM IST
The selling pressure continues in the Indian stock markets as the Nifty fell more than 4 per cent in the last 5 sessions, while the Sensex declined by 4.3 per cent in the last 5 trading sessions. ... read..
Union Minister Piyush Goyal held discussion with the William E. Conway, Co-Founder and Co-Chairman, The Carlyle Group, a global investment firm, on the sidelines of his 4-day US visit (September 30 to October 3). ... read..
Odisha Chief Minister Mohan Charan Majhi on Thursday met ambassadors from various countries and members of the different association in New Delhi, in a precursor to 'Make-In-Odisha' conclave that will be held in his state January next year. ... read..
Jan Aushadhi Kendras under Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) has achieved record sales of Rs 200 crore in September, the highest monthly sales in the history of the PMBJP, Ministry of Chemicals and fertilizers said in a statement. ... read..
State-owned, Indian Oil Corporation Limited and Nepal Oil Corporation (NOC) have signed a Business to Business (B2B) framework agreement for extension work of the Motihari-Amlekhgunj Petroleum Pipeline (MAPL) and oil storage terminals at Chitwan, as per a ... read..
India's high foreign exchange reserves and low levels of external debt are contributing to its overall credit profiling, said CareEdge Ratings on Thursday, as the rating agency assigned 'BBB+' sovereign ratings to India. ... read..
The government rolled out the pilot project of the ambitious scheme Prime Minister's Internship Scheme on Thursday. The top 500 companies will be providing 1.25 lakh internship opportunities during FY 2024-25, said govt sources. The Prime Minister's Inter ... read..
Prime Minister Narendra Modi will participate in the Kautilya Economic Conclave on Friday evening here in the national capital, a statement from Prime Minister's Office said. ... read..
The U.S. International Development Finance Corporation (DFC) has approved and committed more than USD 272 million in investments aimed at bolstering economic growth, financial inclusion, and sustainability in India. ... read..
The Asian Development Bank (ADB) has approved a USD 162 million loan to support a sustainable and inclusive tourism development project in Himachal Pradesh. ... read..
Mumbai (Maharashtra) | October 3, 2024 3:41:47 PM IST
The residential sector has recorded a robust performance for July-September 2024 (Q3 2024) with 87,108 units sold across the leading eight residential markets, according to Knight Frank India's report. ... read..
Mumbai (Maharashtra) | October 3, 2024 3:41:34 PM IST
CareEdge Global IFSC Ltd, a subsidiary of CARE Ratings Ltd, has launched its Sovereign Ratings for 39 countries, marking its entry into the Global Scale Ratings space. ... read..
Union Finance and Corporate Minister Nirmala Sitharaman on Thursday invited European investors to invest in Indian infrastructure and the green transition industry during a meeting with the delegation led by European Commissioner for Budget and Administra ... read..
A state-owned engineering firm, RITES Ltd, specialised in transport infrastructure, has on Thursday signed a Memorandum of Understanding (MoU) with Delhi Metro, to identify, secure, and execute metro projects in India and abroad. ... read..
India's pharmaceutical industry is facing a serious threat due to the increasing import of substandard Isopropyl Alcohol (IPA) and non-pharmacopoeia grade IPA from China, according to industry experts. ... read..
Mumbai (Maharashtra) | October 3, 2024 2:41:41 PM IST
Office space transactions in India surged to a record 19 million square feet (mn sq ft) in Q3 2024, marking the highest quarterly absorption since Q1 2018, according to Knight Frank India's report. ... read..
The phased implementation of SEBIs measures to protect investors in the Futures and Options (F&O) trade will prevent systemic shocks and lead to a calibrated market tightening, says investment banking company Jefferies in a report."We see phased imple ... read..
With India experiencing strong economic growth, the Reserve Bank of India (RBI) is unlikely to announce any rate cuts in its upcoming monetary policy meeting, says a report from the State Bank of India (SBI). ... read..
