Rising Urban, Rural Demand To Take GDP To 7.2 PC: RBI Forecasts
India’s economy is showing strong growth 7.2 in GDP, supported by investment demand, steady urban consumption, and rising rural consumption, according to RBI Governor Shaktikanta Das.
RBI Maintains Repo Rate At 6.5% Amid Balancing Act Between Growth & Inflation
In a move to sustain economic growth while keeping inflation in check, the RBI opted to maintain the key policy repo rate at 6.5%.
Indian Equity Indices Dip Ahead Of RBI MPC Announcement
Indian stock markets opened cautiously Thursday, with equity indices trending downward as investors awaited the RBI MPC decisions.
Indian Stock Market Opens Strong As Auto & IT Sectors Lead Gains
The Indian stock market began Wednesday on a positive note, driven by strong performances from the auto and IT sectors.
Government Proposes Amendment To Provide Relief For Real Estate Under LTCG Regime
Under the new scheme, taxpayers can opt for a reduced tax rate of 12.5% without indexation on long-term capital assets such as land or buildings
Sensex Closes Lower After Initial Surge Amid Global Concerns
Despite a strong start, with Sensex up 900 points, Indian indices ended slightly lower on Tuesday amid global uncertainties.
Marico Stock Falls as Bangladesh Business Faces Unrest
Marico Ltd's stock dropped nearly 5 percent on Tuesday due to political unrest in Bangladesh, a key market for the company.
Indian Stock Market Shows Resilience Amid US Economic Slowdown
FPIs continued to show confidence in the Indian market, injecting Rs 54,727 crore into equity and debt in July.
Musk Criticizes San Francisco ‘Impossible’ For Payment Processing Companies
On Tuesday, Elon Musk confirmed that X will relocate its headquarters from San Francisco, citing operational challenges in the city.
Sensex Soars 900 Points, Nifty Climbs 300 Points In Remarkable Tuesday Recovery
Indian benchmark indices bounced back on Tuesday after a tough Monday, with the Sensex up 900 points & Nifty rising 300 points in early trade.