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Indian Economy

Adani Group.

Adani Group Seeks To Expand Power Distribution In Mumbai With Rs 5,700 Crore Bet

Adani Group will build the entire power network ground-up to compete with state-owned Maharashtra Electricity Distribution Company (MSEDCL) in the newer areas it seeks to operate in.

27 November 2022

Rationalisation In Long-Term Capital Gains Tax Structure On The Anvil

Gains arising from sale of immovable property and unlisted shares held for more than 2 years and debt instruments and jewellery held for over 3 years attract 20 per cent long term capital gains tax


Finance Ministry

Indian Economy To Grow At 'Moderately Brisk Rate', Inflation To Ease: Finance Ministry

India's wholesale and retail price inflation fell in October after remaining high for most part of the year mainly due to supply chain disruptions following outbreak of the Russia-Ukraine war in February


Gainwell Group

Gainwell Group To Take Management Control Of TIL Ltd

The company informed the bourses about increasing its authorised capital and issuing preference capital worth Rs 69.29 crore.

27 November 2022

Indian Economy Expected To Maintain Growth Above 6.5%

Indian Economy Expected To Maintain Growth Above 6.5% In Coming Years: CEA

The economy will close the current fiscal logging in a growth of 6.5-7 per cent, he said, citing the projections of private sector analysts, Reserve Bank of India (RBI) and international agencies like OECD and the IMF.


Air Suvidha form

Govt Scraps Requirement To Fill Out Air Suvidha Form For International Arrivals

Earlier, the guidelines had required that passengers arriving in India from overseas should fill up the Air Suvidha form.

22 November 2022

India Capable Of Generating 9% Growth

India Capable Of Generating 9% Growth: Sanyal

India is following an "investment and export-driven growth model" and against the backdrop of  "turbulent" global times, the RBI and the government have followed a restrained macro-economic approach, which is a correct step.

25 November 2022

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Edtech

Govt To Support Edtech Industry In Formalising Guidelines For Curbing Misleading Ads

At that time, the Centre had also told the players that it will be forced to bring stringent guidelines if there is no self-regulation by the industry players.

22 November 2022

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21 November 2022
Union Budget 2023-24: Finance Minister Sitharaman To Begin Pre-Budget Meetings Today 

Union Budget 2023-24: Finance Minister Sitharaman To Begin Pre-Budget Meetings Today 

The Finance Ministry’s official statement even mentioned that the pre-budget meetings will be held virtually and the idea is to seek suggestions for the...


20 November 2022
Govt To Publish Frameworks To Check Fake Reviews On E-Commerce Websites Next Week

Govt To Publish Frameworks To Check Fake Reviews On E-Commerce Websites Next Week

To check fake reviews, Singh said the Department of Consumer Affairs (DoCA) has finalised frameworks after studying the present mechanism being followed.


20 November 2022
Banks Increase EBLRs By 190 Bps In Tandem With RBI's Repo Rate Hike

Banks Increase EBLRs By 190 Bps In Tandem With RBI's Repo Rate Hike

The Reserve Bank has hiked the key short-term lending rate (repo) by 190 basis points in four tranches since May to contain inflation.


20 November 2022
ONGC To Reverse Oil, Gas Output Decline; Sees 18% Jump In Production In FY25

ONGC To Reverse Oil, Gas Output Decline; Sees 18% Jump In Production In FY25

ONGC, which contributes around 71 per cent to India's domestic production, has reported a gradual decline in output for over a decade now primarily because its...


20 November 2022
India Climbs Six Places To 61st Rank In Network Readiness Index

India Climbs Six Places To 61st Rank In Network Readiness Index

The country's overall score has improved to 51.19 in 2022 from 49.74 in 2021, the statement said.


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19 November 2022
India To Be World's 2nd Largest Economy By 2050, To Add A Trillion Dollar To GDP Every 12-18 Months: Gautam Adani

India To Be World's 2nd Largest Economy By 2050, To Add A Trillion Dollar To GDP Every 12-18 Months: Gautam Adani

"This multilevel crisis has shattered the myth of a unipolar or a bipolar world of superpowers that could step in and stabilize global environments," he said.


15 November 2022
RBI Picks SBI, HDFC, ICICI Bank And Others For Retail CBDC Pilot: Report

RBI Picks SBI, HDFC, ICICI Bank And Others For Retail CBDC Pilot: Report

Alongside all the preparations, RBI has now reportedly picked fived banks to work on the retail project of central bank digital currency (CBDC)


15 November 2022
Vedanta Plans To Exit Steel Business, Looks To Sell Electrosteel: Report

Vedanta Plans To Exit Steel Business, Looks To Sell Electrosteel: Report

In the summer of 2018, Vedanta beat Tata Steel to take over ESL for Rs 5,320 crore. While Electrosteel initially was a subsidiary of Electrosteel Castings,...


12 November 2022
Economy Fast Paced Under PM Modi's Rule, Says Amit Shah

Economy Fast Paced Under PM Modi's Rule, Says Amit Shah

Shah was speaking during the 75th platinum jubilee celebrations of N Srinivasan-helmed The India Cements Ltd here. Hailing the contribution of the cement-maker...


12 November 2022
Experts Say India Marching Towards Becoming World's Third Biggest Economy: PM Modi

Experts Say India Marching Towards Becoming World's Third Biggest Economy: PM Modi

"For the past two or three years, the world has been fighting the corona pandemic. On the other hand, there are frictions, military actions are taking place...


12 November 2022
India Likely To Remain Fastest Growing Major Economy: Shaktikanta Das

India Likely To Remain Fastest Growing Major Economy: Shaktikanta Das

Das emphasised that the country's economy remains resilient, supported by the banking and non-banking sectors


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11 November 2022
Moody's Cuts India's Economic Growth Projections To 7% For 2022

Moody's Cuts India's Economic Growth Projections To 7% For 2022

In September, Moody's had cut projections for the current year to 7.7 per cent from 8.8 per cent estimated in May.


07 November 2022
State Bank of India Hits Record High After Posting Highest Quarterly Profit In Q2

State Bank of India Hits Record High After Posting Highest Quarterly Profit In Q2

SBI's net profit in second quarter of the current financial year rose 74 per cent to Rs 13,265 crore from Rs 7,626.57 crore during the same period last year.


03 November 2022
India's Services Sector Sees Upturn In October On Improved Demand

India's Services Sector Sees Upturn In October On Improved Demand

According to the survey, the domestic market was the main source of new business gains, as foreign sales decreased further at the start of the third fiscal...


03 November 2022
RBI's Rate-Setting Panel Meets To Finalise Inflation Report For Government

RBI's Rate-Setting Panel Meets To Finalise Inflation Report For Government

It was the first time since the monetary policy framework came into effect in 2016 that RBI had to give an explanation to the government.


03 November 2022
Tata Group’s Air India To Now Wholly Own AirAsia India

Tata Group’s Air India To Now Wholly Own AirAsia India

Tata Sons owns 83.67 per cent in the no-frills carrier and the remaining 16.33 per cent is owned by AirAsia Investment Ltd., which is also a part of Malaysia's...


02 November 2022
Infosys To Take Shareholders' Nod For Rs 9,300 Crore Share Buyback

Infosys To Take Shareholders' Nod For Rs 9,300 Crore Share Buyback

The Infosys board on October 13 had announced a share buyback of Rs 9,300 crore via the open market route, for a price not exceeding Rs 1,850 per equity...


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