Economics

India To Shift From Fiscal Deficit Targeting After 2026, To Adopt Debt-To-GDP Ratio Framework: Report
|Traditionally, India has aimed to maintain a fiscal deficit of 3% of GDP, a target that has proven challenging to achieve.
What Industry Experts From Real Estate, Hospitality, Steel, Other Key Sectors Expect From The Upcoming Budget
|The technology and fintech sectors highlight the need for enhanced investments in digital infrastructure and cybersecurity space whereas the real estate industry looks forward to tax relief for homebuyers.
Why Kotak Institutional Equities Thinks The NDA Govt Should Cut Taxes
|If the NDA government reduces the tax burden at the lower-income slabs, disposable income will increase in this segment, and boost consumption in this segment.
Why Morgan Stanley Thinks Govt Shouldn't Cut Taxes In The Upcoming Budget
|Morgan Stanley expects upcoming budget to focus on fiscal consolidation, public capex and argues government shouldn't cut income tax.
What Goldman Sachs Expects The Budget To Do With Railways, MSME And Manufacturing
|Goldman Sachs predicts Indian government will prioritize capex over welfare spending due to limited fiscal space and positive growth spillovers.
Why Is Moody's Worried About India's Water Crisis? Steel, Coal Most At Risk
|Diminishing water supply can disrupt agricultural and industrial activities, leading to a surge in food prices and a drop in income for affected businesses and communities, potentially triggering social unrest. This could further destabilise India's growth and weaken the economy's resilience to shocks.
Popular US Retail Investors' Group That Drove Infamous 2021 Short Squeeze Now Hunts For Opportunities In Indian Share Market (CORRECTED)
|A popular Reddit group, known for causing the GameStop short squeeze, is now focusing on investing in the Indian stock market due to its growing economy and skilled workforce.
RBI Transfers 1 Lakh Kg Gold From UK To India: Report
|RBI has successfully transported 1 lakh kg or 100 tonnes of gold from the UK back to India said reports.
RBI Maintains Status Quo: Repo Rate Unchanged At 6.5%
|The Reserve Bank of India (RBI) has once again kept the repo rate unchanged at 6.5%. This decision, announced on Thursday, marks the continuation of a steady monetary policy stance by the central bank.
What China Has To Do With Tata Steel's 6% Jump Today
|China's industrial output growth outpaced December's 6.8%, exceeding analysts' expectations of a 5% increase.
Bloomberg Adds India's FAR Bonds To Its Emerging Market Local Currency Government Index
|Upon complete incorporation into the Bloomberg Emerging Market 10% Country Capped Index, India is anticipated to join the ranks of China and South Korea as markets that hit the 10% cap.
Flipkart's New UPI Service, Byju's Frozen Employee Payments And More Stories You Can't Miss From The Weekend
|All the top stories from the weekend in one convenient spot.
Budget 2024 Live Updates: Nirmala Sitharaman Proposes No Changes In Tax Structures
|The government is set to release its interim budget for 2024 on Thursday, ahead of the highly anticipated general elections. Finance Minister Nirmala Sitharaman will present the budget for the sixth time in a row.
Union Budget 2024: What To Expect From The Interim Budget?
|The interim budget during an election year is aimed at meeting immediate financial needs before a new government is formed. The full-fledged union budget will only be released after the elections, which will take place between April and May.
Union Budget 2024: Financial Jargons Decoded Before Feb 1
|As Union Finance Minister Nirmala Sitharaman is set to announce the Interim Union Budget for 2024 in Parliament on February 1, many citizens may find themselves grappling with complex financial jargon.
Union Budget 2024: How Is Interim Budget Different From Full Budget?
|With the highly anticipated Lok Sabha elections in India set to take place in April to May 2024, the upcoming budget will be interim, lacking significant policy announcements.
Pakistan Borrows Even More As Debt From IMF Spirals To $1.9B Amid Economic Crisis
|The executive board of the International Monetary Fund (IMF) has approved an immediate disbursement of around $700 million (₹5,810 crore) for Pakistan.
Anand Mahindra Believes India Is On The Winning Path In The 'World Cup Of Emerging Markets': Here's Why
|Amidst a challenging global economic landscape, India's performance is a beacon of optimism.
India's Stock Market Soars Past $4 Trillion, Outshining Regional Peers
|This milestone coincides with India surpassing China as the world's most populous country and its recognition as the fastest-growing major economy.
Big Fat Indian Weddings Set To Inject ₹4.74 Lakh Cr Into The Economy
|India's forthcoming wedding season, starting November 23, is expected to pump about ₹4.74 lakh crore into the market, as per the Confederation of All India Traders (CAIT).
Economic Growth At 6% Insufficient For India's Job Market, Warns Former RBI Governor Raghuram Rajan
|Despite outperforming other major economies, India faces a challenge in generating sufficient jobs for the millions entering the workforce annually.
UK PM Rishi Sunak Expected To Visit India For Trade Deal, May Attend Ind-Eng World Cup Encounter
|UK Prime Minister Rishi Sunak is reportedly set to visit India in the last week of October, with the potential for him to attend an India-England cricket match and conduct discussions on the India-UK free trade agreement (FTA).
JP Morgan's Jamie Dimon Applauds PM Modi's Efforts To Strengthen Economy, Sees Big Potential In India
|Dimon also stressed on India's recent inclusion in JP Morgan's bond index, which is predicted to attract billions in foreign investment in the coming year.
From ₹200 To ₹14: The Dramatic Fall Of Tomato Prices In India
|India's tomato prices have experienced a significant decline, dropping from ₹200 per kilogram to a mere ₹14. This price fall has been met with relief by consumers, yet farmers are expressing concern over the development.
UK Scotch, Cars May Get Cheaper As India Pushes For Historic Trade Talks: Report
|Prime Ministers Narendra Modi and Rishi Sunak aim to double bilateral trade by 2030 through tariff cuts and market access improvements in what would be India's biggest free trade agreement ever.
As Food Inflation Soars Burger King Waves Goodbye To Tomatoes
|As India grapples with soaring food inflation, Burger King has removed tomatoes from its wraps and burgers in many of its outlets due to a quadrupling of prices, as per a Reuters report.
India Bars Use of Chinese Components In Military Drones In Self-Reliance Push: Report
|The decision aligns with India's broader strategy to reduce its dependence on Chinese imports, especially in light of the recent border tensions between the two countries.
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