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Economy

Favorable Macroeconomics Propel Industrial Sector’s Financial Optimism To Record High

20 Aug 2024 14:44 PM IST

A recent survey of Chief Financial Officers (CFOs) in India, conducted by Dun & Bradstreet India, a leading global provider of business decisioning data and analytics, found that CFOs' confidence in financial conditions and macro-economic conditions has improved significantly compared to the same period in the previous year.

Gold and Silver Prices Rise on August 20, 2024: Here Are The Latest Rates In Top 4 Cities

20 Aug 2024 14:38 PM IST

As of August 20, 2024, the price of 24-carat gold in India is Rs 71,620 per 10 grams, translating to Rs 7,162 per gram. For 22-carat gold, the rate is Rs 65,652 per 10 grams. Over the past week, the price of 24-carat gold has increased by 0.93%, and over the last ten days, it […]

Periodic Labour Survey Report: India’s Urban Unemployment Rate Steady At 6.6%; Marginal Decline From Previous Quarter

17 Aug 2024 11:53 AM IST

India's unemployment rate in urban areas, according to the Periodic Labour Force Survey report, remained unchanged at 6.6%.

India’s Retail Inflation Rate Falls to 3.54% In July, Lowest In 59 Months

12 Aug 2024 18:49 PM IST

Breaching 5 percent in June, the retail inflation rate in India softened drastically in July. According to data released by the Ministry of Statistics and Programme Implementation on Monday, retail inflation, or the Consumer Price Index (CPI), was at 3.54 percent in July.

Union Minister Jitendra Singh Unveils National Geospatial Data Repository Plan To Boost Start-up Ecosystems

10 Aug 2024 22:50 PM IST

Union Minister Jitendra Singh on Saturday proposed a National Geospatial Data Repository and a PPP model while chairing a joint meeting of all the Science Ministries and Departments of the Government of India at Prithvi Bhavan.

Banking Overhaul Ahead: Nirmala Sitharaman To Present Key Amendments In Lok Sabha

09 Aug 2024 11:09 AM IST

As the Parliament convenes for the ongoing Budget Session on Friday, Union Finance Minister Nirmala Sitharaman will introduce new Bills, including the Banking Laws (Amendment) Bill, 2024, which aims to amend the Reserve Bank of India Act, the Banking Regulation Act, and the State Bank of India Act, among others, in the Lok Sabha.

SBI Slashes GDP Growth Outlook To 7% For FY25, Citing Global Challenges

09 Aug 2024 09:04 AM IST

The State Bank of India in a report projects that India's real GDP will grow by 7.0 per cent year-on-year in FY25, which is slightly lower than the RBI's forecast of 7.2 per cent. The report noted that the slight downgrade by 20 basis points is based on the global headwinds that are beginning to materialize.

RBI Governor Shaktikanta Das Predicts 7.2% GDP Growth for 2024-25, Notes June Inflation Drop to 5.1%

08 Aug 2024 11:57 AM IST

RBI Governor Shaktikanta Das outlined the economic growth projections with real GDP growth of 7.2 percent for the fiscal year 2024-25 and headline inflation easing to 5.1 percent in June. (Read more below)

RBI Holds Repo Rate Steady At 6.5% For 9th Consecutive Time

08 Aug 2024 10:36 AM IST

The Reserve Bank of India (RBI) has decided to maintain the benchmark interest rate at 6.5% for the ninth consecutive time. RBI Governor Shaktikanta Das announced that the repo rate remains unchanged at 6.50%.

RBI Set To Maintain Repo Rate At 6.5% During August Meeting, Experts Predict

05 Aug 2024 14:48 PM IST

The Reserve Bank of India (RBI) is unlikely to change the repo rate, say experts. The three-day monetary policy committee (MPC) meeting to decide on policy rates begins tomorrow, August 6.

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Economy

Favorable Macroeconomics Propel Industrial Sector’s Financial Optimism To Record High

Gold and Silver Prices Rise on August 20, 2024: Here Are The Latest Rates In Top 4 Cities

Periodic Labour Survey Report: India’s Urban Unemployment Rate Steady At 6.6%; Marginal Decline From Previous Quarter

India’s Retail Inflation Rate Falls to 3.54% In July, Lowest In 59 Months

Union Minister Jitendra Singh Unveils National Geospatial Data Repository Plan To Boost Start-up Ecosystems

Banking Overhaul Ahead: Nirmala Sitharaman To Present Key Amendments In Lok Sabha

SBI Slashes GDP Growth Outlook To 7% For FY25, Citing Global Challenges

RBI Governor Shaktikanta Das Predicts 7.2% GDP Growth for 2024-25, Notes June Inflation Drop to 5.1%

RBI Holds Repo Rate Steady At 6.5% For 9th Consecutive Time

RBI Set To Maintain Repo Rate At 6.5% During August Meeting, Experts Predict

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