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RBI says State freebies crowd out productive expenditure

RBI says State freebies crowd out productive expenditure

Mumbai: The Reserve Bank of India (RBI) on Thursday suggested that Indian states need to contain and rationalise their...

19 Dec 2024 11:29 PM IST

CII Focuses on Boosting MSME Exports

CII Focuses on Boosting MSME Exports

New Delhi: Leading industry body Confederation of Indian Industry (CII) on Wednesday said that it would focus on...

18 Dec 2024 5:49 PM IST

India Govt to Spend ₹30K Crore on Rail Revamp

India Govt to Spend ₹30K Crore on Rail Revamp

Over ₹30,000 crore to be spent on redeveloping 1,318 railway stations in two years, with major projects under EPC mode

18 Dec 2024 5:07 PM IST

Trump says India charges lot of tariff, threatens to impose reciprocal tax

Trump says India charges lot of tariff, threatens to impose reciprocal...

Washington: US President-elect Donald Trump has reiterated his intention to impose reciprocal tariffs in retaliation for...

18 Dec 2024 11:14 AM IST

Indias Q2 GDP Dip a ‘Blip’, Growth Outlook Positive

India's Q2 GDP Dip a ‘Blip’, Growth Outlook Positive

New Delhi: Union finance minister Nirmala Sitharaman on Tuesday said the lower-than-expected gross domestic product...

17 Dec 2024 6:06 PM IST

Taiwanese laptop maker MSI begins India manufacturing with Chennai facility

Taiwanese laptop maker MSI begins India manufacturing with Chennai...

New Delhi: Taiwanese laptop maker MSI on Tuesday announced the commencement of its manufacturing operations in India...

17 Dec 2024 1:53 PM IST

Bad Loans in P2P Lending Double in FY24

Bad Loans in P2P Lending Double in FY24

Mumbai: Bad loans in the peer-to-peer (P2P) lending industry have more than doubled in financial year 2024 (FY24) to Rs...

16 Dec 2024 10:43 PM IST

India’s WPI Inflation Drops to 1.89 Percent in November on Food Prices

India’s WPI Inflation Drops to 1.89 Percent in November on Food Prices

New Delhi: With the decline of prices of food items, especially vegetables and onions, India’s wholesale price index or...

16 Dec 2024 7:46 PM IST

India’s Private Sector Hits 4-Month High in December: PMI Data

India’s Private Sector Hits 4-Month High in December: PMI Data

New Delhi: Showing the resilience in India's economy with solid momentum, the India's private sector growth...

16 Dec 2024 1:17 PM IST

RBI May Begin Shallow Rate Cut Cycle From Feb Amid Global Turmoil

RBI May Begin Shallow Rate Cut Cycle From Feb Amid Global Turmoil

Mumbai: While calls for rate cuts are growing louder with inflation decelerating in November amid concerns over slowing...

15 Dec 2024 10:18 PM IST

Switzerland Revokes India’s MFN Status

Switzerland Revokes India’s MFN Status

Mumbai: Switzerland has suspended the Most-Favoured-Nation (MFN) status granted to India that could lead to higher taxes...

13 Dec 2024 8:41 PM IST

Steel industry capacity utilization at 78 pc, govt plans safeguard duty

Steel industry capacity utilization at 78 pc, govt plans safeguard...

India’s steel utilisation may drop to 78%. Govt plans 25% duty to counter rising imports from China and FTA countries

12 Dec 2024 6:15 PM IST