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Economy

Rupee breaches 83.58/$ level, ends at fresh record low

Economy

20 June, 2024

Rupee breaches 83.58/$ level, ends at fresh record low

The Indian rupee fell to a record low on Thursday, pressured by likely outflows and strong dollar demand from local ......

Fitch Ratings raises India's 2024-25 GDP forecast to 7.2%

Economy

18 June, 2024

Fitch Ratings raises India's 2024-25 GDP forecast to 7.2%

India is expected to grow by 7.2% in the current fiscal year, stronger than earlier expected, with its central bank ......

Govt considering personal tax rate cuts to boost consumption

Economy

17 June, 2024

Govt considering personal tax rate cuts to boost consumption

The Indian government is considering lowering personal tax rates for certain categories of individuals, which could help......

RBI holds rates to further tame prices, raises growth outlook

Economy

07 June, 2024

RBI holds rates to further tame prices, raises growth outlook

The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday in a widely expected move as ......

India's economy grows faster-than-expected 7.8% in Jan-March

Economy

31 May, 2024

India's economy grows faster-than-expected 7.8% in Jan-March

India's economy grew at a faster-than-expected pace of 7.8% year-on-year in the January-March quarter, helped by ......

Misuse of asset reconstruction firms to fast track insolvency process: RBI

Economy

31 May, 2024

Misuse of asset reconstruction firms to fast track insolvency process: RBI

Asset reconstruction companies (ARCs) are being misused by "tainted" promoters to enter the bankruptcy process after ......

Saudi government files papers to sell fresh stake in Aramco for potential $13 bn

Economy

31 May, 2024

Saudi government files papers to sell fresh stake in Aramco for potential $13 bn

Saudi Arabia's government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise ......

S&P upgrades outlook on India's sovereign rating to 'positive'

Economy

29 May, 2024

S&P upgrades outlook on India's sovereign rating to 'positive'

S&P Global Ratings raised India's sovereign rating outlook to 'positive' from 'stable' while ......

SEBI mandates NISM certification for at least one member in AIF teams

Economy

14 May, 2024

SEBI mandates NISM certification for at least one member in AIF teams

Capital markets regulator Securities and Exchange Board of India (SEBI) has tightened norms for management teams ......

China-Gulf free trade talks stall on Saudi industrial agenda

Economy

14 May, 2024

China-Gulf free trade talks stall on Saudi industrial agenda

Negotiations between China and an Arab bloc for a free trade agreement have stalled over concerns by Saudi Arabia that ......

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