DDA to Introduce Housing Scheme For 23,000 Flats In June
DDA is expected to introduce its housing scheme for 2023 in June.
ICICI Lombard Shares Surge 12% As ICICI Bank Raise Stake Size
A day after ICICI Bank's board approved increasing its stake in the insurance company, shares of ICICI Lombard General Insurance increased by almost 12% .
Twitter Faces Another Lawsuit; It’s Former PR Agency Sues It For Unpaid Bills
Social media giant Twitter has become a target of its former Public Relations firm, Joele Frank for non-paymet of invoices.
Goldman Sachs Raises India’s Growth Forecast This Year By 30 Bps
The global investment banker also revised its earlier forecast for FY23 and FY24 by 30 bps and 10 bps to 6.9 per cent and 6.4 per cent, respectively.
“India Will Be 3rd Largest Economy In 6 Years”: Minister Ashwini Vaishnaw
Today 3.5 crore houses have been constructed in the country under PM Awas Yojana, 12 crore people have water connections, and 9.6 crore families have been provided gas cylinders.
India will be able to become USD 5-trillion economy by 2027: Sunil Mittal
"We moved very quickly from technology shifts. India now has the fastest 5G roll-out in the world. By 2024 March India will have 5G connectivity across the country," Mittal said.
India Poised For World-Beating Growth, Government Adviser Says
"In the economic survey we said 6.5% is our baseline with the downside risks more than the upside risks and we maintained it in the April monthly economic report," said Nageswaran, who advises Finance Minister Nirmala Sitharaman, and is the lead author of the government's annual economic report card.
India’s ‘Mini-Demonetisation’ May Have Political Motivations: Chris Wood
The withdrawal of 2000-rupee notes is unlikely to be disruptive for the economy, analysts have said. Unlike the 2016 demonetisation, local banks have not seen a rush to deposit notes, but consumers have chosen to spend them on mangoes to luxury watches.
India’s Wheat Output Set To Touch A New Record At 112.74 Million Tonnes In 2022-23: Govt Data
However, production of oilseeds is pegged to be at a record of 40.99 million tonnes in 2022-23 owing to higher production of soybean and mustard seed, as against 37.96 million tonnes in the previous year.
Investment From Mauritius, Singapore In Start-Ups Will Attract Angel Tax
The CBDT has proposed to accept valuations by a merchant banker done within 90 days of the issue of shares by a start-up.