Gdp
-
Economic experts analyse Rs 2.59 lakh crore discrepancy in India's GDP estimates for 2023-24
Business | Jan 07, 2024, 04:17 PM ISTThe NSO's initial estimates for this fiscal year also disclose that the country's Gross Value Added (GVA) is projected to grow at 6.9% in 2023–24, a decrease from the 7% recorded in 2022–23.
-
'Still below debt level of 2002,' India terms IMF's latest report 'misconstrued'
Business | Dec 23, 2023, 08:42 AM ISTThe finance ministry said that any adverse global shock or extreme event is expected to uni-directionally impact all the economies in an interconnected and globalised world. A cross-country comparison shows that India has done relatively well.
-
Digital economy to contribute 20% of India’s GDP by 2026: Union Minister Rajeev Chandrasekhar
India | Dec 07, 2023, 08:28 PM ISTUnion Minister Chandrasekhar said India's position has transformed from being the consumer of technology for nearly three decades to being the producer of devices, products and platforms for the world.
-
India reduced emission intensity by 33 per cent between 2005-19, 11 years in advance: Govt report
Business | Dec 03, 2023, 12:56 PM ISTIndia achieved its emissions intensity-related targets 11 years ahead of the committed time frame and non-fossil fuel targets nine years ahead of schedule. The country aims to reduce GDP emission intensity by 45 per cent by 2030 from 2005 levels.
-
S&P Global Ratings projects India's GDP growth 7 per cent by 2026 compared to 4.6 per cent for China
Business | Nov 28, 2023, 09:50 PM ISTAmerican Rating agency S&P in its report titled- 'China slows, India grows' pegged India's GDP growth at 7 per cent by by 2026, while China's GDP growth is projected at 4.6 per cent.
-
Smallcap stock secures $50 million order as gems and jewellery industry see rise in demand
Business | Nov 07, 2023, 08:25 PM ISTThe gems and jewellery industry, a significant contributor to India's economy, faces challenges with a predicted 30-35% revenue drop in the diamond polishing sector for the financial year 2023-24 due to poor demand from the US, EU, and China.
-
Amid buoyancy in financial sector, multibagger NBFC stock finalises allotment of rights issue
Business | Oct 12, 2023, 07:11 AM ISTAccording to a BSE filing, the Rights Issue Committee has approved the allotment of over 20 crore fully paid-up Rights Equity shares at a price of Rs 2.40 per Rights Equity share, including a premium of Rs 1.40 per share.
-
Manufacturing propelling growth: Multibagger small cap industrial stock rallies amid fundraising buz
Business | Aug 30, 2023, 08:02 AM ISTPropelled by the government initiates, the manufacturing sector has produced several multibaggers on the Dalal Street over the last few years and still has potential to create several multibaggers going forward.
-
India's GDP growth in Q1 FY24 to exceed RBI's estimate of 8%, say economists
Business | Aug 23, 2023, 10:30 AM ISTThe RBI had forecast a growth of 8% in the April-June quarter in its monetary policy statement in June. However, economists believe that the actual growth could be higher, at around 8.3% to 8.5%.
-
Central debt increased by 174% between 2013-14 and 2022-23, external debt by 100%: Finance Ministry
Business | Aug 14, 2023, 08:29 AM ISTThe government's external debt, which was 374,484 crore in 2013–14, will increase by 100% to 7,48,895 crore in 2022–23.
-
Up over 50% in 2 years, small cap stock Vikas Ecotech cuts debt; secures fresh orders
Business | Aug 12, 2023, 06:37 AM ISTThe development assumes significance as it comes in the backdrop of the government's efforts to support small and medium enterprises that contribute more than 30 per cent to the country's GDP.
-
Multibagger logistics stock posts robust earnings in first quarter amid strong demand
Business | Aug 09, 2023, 08:23 AM ISTThe logistics sector's role in driving the economy is significant, contributing an estimated 13-14 per cent to India's GDP.
-
Gross market borrowing hits Rs 5.77 lakh cr until July this fiscal: Nirmala Sitharaman
Business | Aug 01, 2023, 07:44 PM ISTThe central government has wanted to raise net debt assets of Rs 17.99 lakh crore from different sources in 2023-24, basically, to fund its financial deficit, Sitharaman said in a composed answer to the Rajya Sabha.
-
Eight key infrastructure sectors growth healthy but slower from last year
Business | Aug 01, 2023, 12:34 AM ISTThe output growth of the eight sectors slowed down to 5.8 per cent in April-June 2023-24 against 13.9 per cent in the year-ago period.
-
Indian economy to grow at 6.1 per cent in 2023, projects IMF
Business | Jul 25, 2023, 08:43 PM ISTThe IMF projected a growth rate of 6.1 per cent for India in 2023, which is a 0.2 percentage point upward revision compared with the April projection.
-
What is rights issue in share market? Logistics major NECC to raise additional funds
Business | Jul 20, 2023, 08:12 AM ISTRecently, transport and logistics firm North Eastern Carrying Corporation has announced rights issue of equity shares.
-
China's economy experiences lower growth than expected at 6.3 pc due to weaker consumer demand
World | Jul 17, 2023, 11:01 AM ISTChina is expected to slow further in coming months given slack consumer demand in China and weaker demand for Chinese exports in other economies as their post-pandemic recoveries lose momentum.
-
India's current account deficit dips to 0.2% of GDP in Q4 FY23: RBI data
Business | Jun 27, 2023, 07:25 PM ISTThe trade deficit decreased to USD 52.6 billion from USD 71.3 billion in the previous quarter, which was primarily responsible for the sequential decline in CAD in the fourth quarter of the previous fiscal year. Additionally, robust service exports contributed to the decrease in CAD.
-
Two-thirds of Rs 2,000 notes returned within a month of withdrawal: RBI Guv Shaktikanta Das
Business | Jun 25, 2023, 03:55 PM ISTShaktikanta Das had said around Rs 1.8 lakh crore worth of the Rs 2,000 notes in circulation had been returned, with the remaining balance being exchanged for deposits and deposits of 8 lakh crore.
-
Rs 2,000 note withdrawal can boost GDP growth: Report
Business | Jun 19, 2023, 07:14 PM ISTThe real GDP growth for the first quarter of FY24 will come at 8.1 per cent with an upward bias and the Reserve Bank of India's 6.5 per cent estimate can also be exceeded, economists at the country's largest lender SBI said.