Q2 GDP expansion to be muted, FY25 growth projected at 7%: SBI
Posted in Economy

Q2 GDP expansion to be muted, FY25 growth projected at 7%: SBI

India’s economy is projected to slow to 6.5% in the second quarter of this financial year, according to estimates released by the State Bank of…

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Services activity revives in Oct as strong demand fuels growth
Posted in Economy

Services activity revives in Oct as strong demand fuels growth

Growth in India’s services sector picked up in October, boosted by strong demand and rising sales, according to a private survey released on Wednesday.The HSBC…

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Donald Trump won the popular vote in the US election 2024.(REUTERS)
Posted in Business

US stocks rally, dollar and Bitcoin surge as Donald Trump defeats Kamala Harris in presidential race

Donald Trump is set to reclaim the White House after securing the mandate on Wednesday. Trump, in an unexpected political comeback, defeated rival Kamala Harris…

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Elon Musk and Donald Trump.(Reuters, AP)
Posted in Business

Tesla stock price up by 15% after Elon Musk-backed Donald Trump wins US election

Elon Musk-led Tesla’s stock price surged by over 14 per cent on NASDAQ, hours after Donald Trump won the US presidency for a second term….

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RBI's Shaktikanta Das said economic activity remains strong, warns October inflation print could be above 5.5%
Posted in Economy

RBI’s Shaktikanta Das said economic activity remains strong, warns October inflation print could be above 5.5%

Reserve Bank of India (RBI) Governor Shaktikanta Das Wednesday said that domestic economic activity remains strong and warned the October inflation print could exceed September’s…

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Home-cooked veg thali cost jumps 20% on year, says Crisil report
Posted in Economy

Home-cooked veg thali cost jumps 20% on year, says Crisil report

Pune: A home-cooked vegetable thali cost 20% more last month compared to October 2023 while that of non-veg thali, after declining for 12 consecutive months,…

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RBI makes six amendments to know-your-customer (KYC) rules; check details
Posted in Finance

RBI makes six amendments to know-your-customer (KYC) rules; check details

The Reserve Bank of India (RBI) has announced amendments to the Master Directions on Know Your Customer (KYC) on November 6, 2024 and the amended…

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Trump's 'America First' agenda may lead to higher tariffs on Indian auto, textiles, pharma: Experts
Posted in Economy

Trump’s ‘America First’ agenda may lead to higher tariffs on Indian auto, textiles, pharma: Experts

With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the…

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Two reasons India might be cautious of the Trump presidency
Posted in Economy

Two reasons India might be cautious of the Trump presidency

Donald Trump‘s historic return to the White House, which looks almost certain now even though full results of the US presidential election are not in…

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Finance Ministry asks PSU banks to take steps to meet loan targets for agri-allied sector
Posted in Economy

Finance Ministry asks PSU banks to take steps to meet loan targets for agri-allied sector

The finance ministry has asked public sector banks (PSBs) to meet loan targets for the agri-allied sector during the current financial year. Department of Financial…

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