Economic activity shows dynamism but at moderated pace in Q2: NCAER-NSE Survey
Posted in Economy

Economic activity shows dynamism but at moderated pace in Q2: NCAER-NSE Survey

New Delhi: Economic activity continued to show dynamism in the second quarter of 2024-25, though at a moderated pace, according to the NCAER-NSE Business Expectations…

Continue Reading
India's forex reserves fall by $10.7 billion to $690 billion
Posted in Economy

India’s forex reserves fall by $10.7 billion to $690 billion

India’s foreign exchange reserves have experienced a notable decline for the second consecutive week, dipping by $10.7 billion to stand at $690 billion as of…

Continue Reading
Rate cut 'risky, premature' as growth remains steady, says RBI's Shaktikanta Das
Posted in Economy

Rate cut ‘risky, premature’ as growth remains steady, says RBI’s Shaktikanta Das

Reserve Bank of India governor Shaktikanta Das during India Credit Forum hosted by Bloomberg said cutting interest rates in coming Monetary Policy Committee meeting scheduled…

Continue Reading
A majority, 67 per cent, are buying properties for personal use, while 33 per cent are investing. However, demand for ready-to-move homes has seen a noticeable decline.(Representational Image/Pixabay)
Posted in Business

Real estate most preferred investment for Indians, focus slowly shifts to luxury homes: FICCI-Anarock survey

Despite all-time high markets and high double-digit returns in mutual funds, report by FICCI-ANAROCK, reveals that 59 per cent of respondents choose real estate as…

Continue Reading
A similar plan to restrict imports was withdrawn last year following backlash from companies and lobbying from the United States(Representational Image/Pixabay)
Posted in Business

India again plans to curb laptop imports to boost local manufacturing: Report

India is expected to limit imports of laptops, tablets and personal computers after January, two government sources with direct knowledge of the matter said, a…

Continue Reading
India plans laptop import curbs to boost Apple and others' local production, sources say
Posted in Economy

India plans laptop import curbs to boost Apple and others’ local production, sources say

India is expected to limit imports of laptops, tablets and personal computers after January, two government sources with direct knowledge of the matter said, a…

Continue Reading
Panels on GST rate rationalisation, cutting tax on insurance premium to meet on Saturday
Posted in Economy

Panels on GST rate rationalisation, cutting tax on insurance premium to meet on Saturday

New Delhi: The two ministerial panels set up by the GST Council are slated to meet on October 19 to discuss GST rate rationalisation and…

Continue Reading
31% of urban Indians unsure about retirement corpus needed, study shows
Posted in Finance

31% of urban Indians unsure about retirement corpus needed, study shows

Retirement preparedness has improved in the past one year, and more Indians have started saving for this goal early. Close to 44% Indians consider the…

Continue Reading
A police officer walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India.(Reuters)
Posted in Business

RBI may act against more NBFCs to check obscure lending practices: Morgan Stanley

As Reserve Bank of India (RBI) on Thursday sought action against four Non Banking Financial Companies asking them to cease and desist from making new…

Continue Reading
Ratan Tata who was the chairman of Tata Trusts as well as the chairman emeritus of Tata Sons, passed away at the age of 86 in Mumbai's Breach Candy hospital on the night of October 09, 2024, due to age-related issues.(Indranil Mukherjee/AFP)
Posted in Business

Meet the executors of Ratan Tata’s will. Mehli Mistry, the Jejeebhoy sisters, Khambata: Report

Ratan Tata had named lawyer Darius Khambata and close friend and associate Mehli Mistry as executors of his will, with half-sisters Shireen and Deanna Jejeebhoy,…

Continue Reading