Indian Stock Market Opens Higher As India Climbs To Fourth Largest Global Economy
Sensex jumped 640 points, Nifty crossed 25,000 on Monday as India became the world’s fourth-largest economy.
RBI Set To Transfer Record ₹2.5–3 Lakh Crore Dividend To Government; Spurs Short-Term Bond Rally
The RBI is likely to transfer a record ₹2.5–3 lakh crore dividend to the Centre, boosting government finances, analysts said.
IMF Imposes 11 New Conditions On Pakistan; Flags India Tensions As Major Risk
The IMF has added 11 new conditions to Pakistan’s $7 billion bailout & warned worsening ties with India could undermine economic stability.
PSUs To Deliver Record Dividend Boost For Investors
Public sector undertakings (PSUs) will likely distribute an unprecedented Rs 1.3-1.4 lakh crore in dividends this fiscal year, benefiting both the government and retail investors.
India’s Growth Stabilizes With Rising Private Consumption In Fiscal 2025
As per a Crisil report, India’s economic expansion is becoming more balanced, with private consumption playing a larger role in GDP growth.
India’s Fiscal Deficit Shrinks, Driven By Growing Tax Revenues, Reports The World Bank
India’s fiscal deficit is on track to shrink steadily, bolstered by rising tax revenues, according to the World Bank’s latest report.
India’s Net Direct Tax Collections Surge By 15.88% To Rs 16.90 Lakh Crore
Gross direct tax collections, before refunds, rose by 19.94%, reaching Rs 20.64 lakh crore, up from Rs 17.21 lakh crore in the corresponding period of the previous year.
India’s Fiscal Deficit Hits 29.4% Of FY25 Target Amid Moderate Revenue Growth
Despite a 15% YoY decline in H1 FY25 capex, capital expenditure in Q2 FY25 showed a 10.3% growth, which may support economic growth in the quarter
Fiscal Deficit For FY25 Pegged At 5.1 Percent Of GDP Against 5.8 percent In Current Fiscal: FM Nirmala Sitharaman
Presenting the interim Budget 2024-25, Sitharaman said tax receipts for 2024-25 projected is projected at Rs 26.02 lakh crore.
World Bank Forecasts India’s GDP Growth to Slow Down to 6.3% in FY24
According to a report by the World Bank, India's GDP growth is predicted to moderate to 6.3% in FY24
