LiveAsian Development Bank kept 7% GDP Growth Forecast Unchanged for Indian Economy in FY25
The Asian Development Bank (ADB) has kept its GSD growth forecast for the Indian economy unchanged at 7% for the fiscal year 2025. For the...
Category : ECONOMY
Wholesale Inflation Climbed to 16-month High by 3.36% in June 2024
According to recent government data, India’s Wholesale Price Index (WPI) surged to a 16-month high in June 2024, rising by 3.36% year over year. Food...
India To Grow at GDP of 7% in FY25: NITI Aayog member Arvind Virmani
Last month, the Reserve Bank of India (RBI) estimated that the GDP growth rate for the fiscal year 2025 would be 7.2%. NITI Aayog member...
Indian Rupee Gained 2 Paise Against US Dollars From its Previous Close
The Indian rupee moved within a limited range and gained 2 paise against the US dollar in early trading on Thursday, July 11, 2024. Positive...
Indian Mutual Fund Industry AUM To Cross Rs 60 Trillion After National Elections in June 2024
The Indian mutual fund industry reached a significant milestone in June 2024 as net inflows into equity funds surpassed Rs 40,000 crore, pushing the industry’s...
GOI Extended PLI Scheme Application Window for White Goods
The Indian government has extended the application window for the Production Linked Incentive (PLI) scheme for white goods (including air conditioners and LED lights) until...
RBI Penalised Five Indian Banks For Regulatory Non-Compliance in First Week of July
In the first week of July, the Reserve Bank of India (RBI) took action against five banks for not following various RBI rules. The latest...
SEBI Introduced New Rules For Stock-Brokers To Prevent Market Frauds
The Securities and Exchange Board of India (SEBI) has introduced a new institutional mechanism that requires stock brokers to establish systems to identify and prevent...
GOI Asked Power Houses To Buy Equipment worth USD 33 Billion To Boost Coal Power Output
India has asked power companies to buy equipment worth USD 33 billion this year to add more coal-fired power in the years ahead. This move...
RBI Reported: Rs 2,000 Notes worth Rs 7,571 crore Still Available in the Indian Economy
The Reserve Bank of India (RBI) said on July 1, 2024, Monday, that by June 28, 2024, the total value of Rs 2000 banknotes in...