Combined mcap of country's listed companies down nearly $1,050 bn since September-end
In Rajasthan, a vibrant agri and food processing sector contributes to around 27 per cent of the state GDP and provides huge employment opportunities to the people
RBI prioritises growth as inflation cools, cuts repo rate to 6.25% in Feb 2025 MPC meeting
He is confident of the government achieving 14.4 per cent growth in income-tax collection even after forgoing Rs 1 trillion revenue
Latest allocation continues five-year trend of declining defence spending as a share of GDP and budget, with FY26 showing a slight recovery in the latter but remaining unchanged in the former
Reduction in sovereign debt-to-GDP ratio requires a decline in fiscal deficit in proportion to GDP
Since the independence of India, several finance ministers have presented Budgets that determined the course of the country's progress. Here are the five Budgets that left an indelible mark on economy
Investment, jobs, and deregulation vital for India's development
Germany's gross domestic product fell by 0.2% in the fourth quarter compared with the previous three-month period, preliminary data from the statistics office showed on Thursday
The socio-economic implications of scrapping the old tax regime for India's real estate sector - currently valued at $493 billion and contributing 7.3 per cent to GDP - deserve careful scrutiny
The Congress on Wednesday claimed that it is becoming clear that the "disappointing" Quarter 2 GDP growth numbers are not a blip but a clear slowdown in the economy and the post-pandemic bump is not broad-based enough to power long-term growth. Congress general secretary in-charge communications Jairam Ramesh cited an article in a newspaper which claimed that the fallout of limited job creation and muted wage growth can be seen in the greater recourse to debt. Ramesh said the article confirms the growing concerns on the Indian economy. "It is becoming clear that the disappointing Q2 GDP growth numbers aren't a blip but a clear slowdown in the economy. The Government's attempts to pass the buck on to the RBI's interest rate regime and foreign exchange market interventions is an attempt to escape responsibility," he said. The post-pandemic bump in growth was driven by a service exports boom and its knock-on effects but this is not broad-based enough to power long-term growth, Ramesh
Economic reformers should not remain beholden to free-market ideologies, corporate lobbies, or the sentiments of fickle stock markets
The report highlighted that capital expenditure on infrastructure development is expected to have strong multiplier effects on growth in the coming years
GDP grew 7.55 per cent in the fourth quarter, the fastest quarterly growth in more than two years, the General Statistics Office said in a report
The spending is higher than a projection of 6.18 trillion pesos announced earlier this month, when revenue was forecast at 4.64 trillion pesos and the budget deficit at 5.3 per cent of GDP
In its monthly economic review, the Finance Ministry cited the RBI's monetary policy stance among the reasons for the slowdown in the first half of FY25
Thanks to the recent policy easing and near-term export strength, the World Bank sees China's gross domestic product growth at 4.9 per cent this year, up from its June forecast of 4.8 per cent
The Ministry pointed out that revenue receipts in the first half of the year, at almost 52 per cent of Budget Estimates, were above the five-year rolling average
Sachin Gupta, chief rating officer at CARE Ratings, said that the first half of FY25 paints a picture of cautious optimism within India's corporate sector
Former revenue secretary, Sanjay Malhotra has succeeded Shaktikanta Das as RBI governor. His tenure begins as retail inflation eased to 5.48 per cent in November