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IMF Retains India’s GDP Growth Forecast At 7% For FY25, 6.5% For FY26

22 Oct 2024

On Tuesday, the International Monetary Fund (IMF) maintained its growth forecasts for India at 7 percent for FY25 and 6.5 percent for FY26. It noted that the pent-up demand from the pandemic has been fully utilized, and the economy is now aligning with its potential growth. The IMF's World Economic...

Direct Tax Collections Jump 182% In 10 Years To Over Rs 19.60 Trn In FY24

17 Oct 2024

Direct tax collections have soared by 182% over the past decade, exceeding ₹19.60 trillion in the fiscal year 2023-24 under Prime Minister Narendra Modi's administration. According to the latest "Time Series Data" released by the income tax department, corporate tax revenues have more than doubled, reaching over ₹9.11 trillion, while...

GIFT Nifty Signals Marginal Upside Ahead Of RBI MPC decision; China down

09 Oct 2024

GIFT Nifty futures, trading marginally ahead at 25,151.50, at 8:00 AM, from the Nifty futures' last close at 25,131, indicated a slightly positive bias for markets at open today. This was ahead of a key press conference by the RBI Governor to announce the decision of the central bank's monetary...

Who Are ‘The Invisible Hands Of The Indian Economy’ ? 16 Year Old Author Explains In Her Book

03 Oct 2024

In a remarkable debut, 16-year-old Suhanaa Setty presents Invisible Hands of the Indian Economy, a book that sheds light on the often overlooked contributions of women in India’s economic landscape. Setty challenges traditional economic narratives that fail to recognize the essential, yet invisible, roles women play. The book features the...

NTPC Green Energy Signs 10 GW Renewable Project Agreement

26 Sep 2024

NTPC Green Energy Limited has entered into a joint venture agreement with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) for the development of 10 gigawatt renewable energy projects. The joint venture company will undertake the development of 10 GW of renewable energy parks and projects "in Maharashtra or in...

One Nation, One Election: Streamlining India’s Electoral Process to Save Time and Costs

21 Sep 2024

The "One Nation, One Election" proposal seeks to synchronize national and state elections across India. The objective is to streamline governance, reduce the constant political cycles, and curtail the heavy spending that accompanies separate elections. At present, elections are held at different times, which not only prolongs political uncertainty but...

India’s FDI Share Falls, But Services And Industrial Corridors See Gains: India Ratings

01 Sep 2024

Despite a significant surge in the foreign direct investment (FDI) inflow over the years (1995: USD 2.1 billion, 2023: USD 28.2 billion), the nature of FDI inflows in terms of states or sectors where they were flowing to have remained skewed, asserted India Ratings. With the increased infrastructure spending by...

India’s Q1 GDP Growth Hits 5-Quarter Low at 6.7%

30 Aug 2024

India’s economic expansion slowed to 6.7% for the April-June quarter of FY 2024-25, marking the lowest growth rate in five quarters. This figure falls short of the Reserve Bank of India’s (RBI) projection of 7.2% and is significantly lower than the 8.2% growth seen in the same quarter last year....

Indian Economy Grows 6.7% In April-June Quarter, Below RBI’s 7.1% Forecast

30 Aug 2024

The Indian economy grew by 6.7% in real terms during the April-June quarter of the 2024-25 financial year, according to data released by the Ministry of Statistics and Programme Implementation on Friday. In the same quarter last year, India's growth was 8.2%. The nominal GDP grew by 9.7% in the...

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

09 Aug 2024

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...

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GDP

IMF Retains India’s GDP Growth Forecast At 7% For FY25, 6.5% For FY26

Direct Tax Collections Jump 182% In 10 Years To Over Rs 19.60 Trn In FY24

GIFT Nifty Signals Marginal Upside Ahead Of RBI MPC decision; China down

Who Are ‘The Invisible Hands Of The Indian Economy’ ? 16 Year Old Author Explains In Her Book

NTPC Green Energy Signs 10 GW Renewable Project Agreement

One Nation, One Election: Streamlining India’s Electoral Process to Save Time and Costs

India’s FDI Share Falls, But Services And Industrial Corridors See Gains: India Ratings

India’s Q1 GDP Growth Hits 5-Quarter Low at 6.7%

Indian Economy Grows 6.7% In April-June Quarter, Below RBI’s 7.1% Forecast

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

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