Tag: india

India’s external debt remains within comfort zone and better than many others: Finance Minister
Posted in Economy

India’s external debt remains within comfort zone and better than many others: Finance Minister

India’s external debt-to-GDP ratio at 18.7%, its debt service ratio at 6.7% and foreign exchange reserves-to-external debt ratio at 97.4% are “within the comfort zone”…

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A worker walks past inside the Asian Development Bank (ADB) headquarters in Manila.(File photo)
Posted in Business

ADB forecasts India’s economic growth at 7% for FY24 and 7.2% for FY25

The Asian Development Bank (ADB) on Wednesday forecasts India’s economic growth at 7 per cent for the financial year FY2024 and 7.2 per cent for…

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India's ascent to the third position in the Asia Power Index is attributed to its robust economic growth and youthful demographics, enhancing its geopolitical stature and influence in regional security matters.
Posted in Business

India becomes 3rd largest power in Asia power index, surpasses Japan

India surpassed Japan to become the third-largest power in the Asia Power Index, according to an official statement by Ministry of Information and Broadcasting on…

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Goldman Sachs identifies India as a leading economy in growth potential, with a sustained profit momentum. The brokerage advises investing in 20 stocks, emphasizing sectors like autos, real estate, and chemicals for profit expansion.(Reuters)
Posted in Business

Goldman Sachs is loving India’s growth journey and these 20 stocks for investors

Sep 25, 2024 09:56 AM IST Goldman Sachs projects India as a rapidly growing economy, with medium-term profit growth momentum expected until 2030. Global brokerage…

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India asks companies to seek new approvals for laptop imports from January 1
Posted in Economy

India asks companies to seek new approvals for laptop imports from January 1

NEW DELHI: India on Tuesday said companies will have to seek fresh approvals to import laptops and tablets starting from Jan. 1 and guidelines to…

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Import approval system for IT hardware products extended till December 31
Posted in Economy

Import approval system for IT hardware products extended till December 31

NEW DELHI: India on Tuesday extended the existing import management system (IMS) for certain IT hardware products such as personal computers, laptops and tablets by…

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India rice exports: Basmati rice exports surge after floor price removed
Posted in Economy

India rice exports: Basmati rice exports surge after floor price removed

India‘s decision to remove the floor price for basmati rice exports is expected to spur a flurry of orders from the Middle East, Europe, and…

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Jefferies reports that Indian equities offer strong long-term returns for growth-focused investors, despite high valuations. Resilience to tax hikes and rising mutual fund assets, particularly through Systematic Investment Plans, underscore India's potential as a promising market for long-term investments.(Reuters)
Posted in Business

Jefferies adores Indian markets right now: Will give best long-term returns

Growth-oriented investors will get the best long term return in India, highlighted a report by Jefferies. Jefferies reports that Indian equities offer strong long-term returns…

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Piyush Goyal: Plan to open offices abroad to assist foreign investors looking to invest in India: Piyush Goyal
Posted in Economy

Piyush Goyal: Plan to open offices abroad to assist foreign investors looking to invest in India: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Sunday said there are plans to open offices in different countries in the coming months to hand-hold foreign…

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Secrecy in IPEF negotiations raises concerns over protection of key interests: GTRI
Posted in Economy

Secrecy in IPEF negotiations raises concerns over protection of key interests: GTRI

The Indo-Pacific Economic Framework for Prosperity (IPEF) negotiations have mostly been conducted in secrecy with limited public input and it raises concerns whether the member…

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