Mumbai: The combined market valuation of eight of India’s 10 most-valued companies surged by Rs 1.90 trillion last week, driven by a strong rally in domestic equities. Benchmark indices post solid weekly gains The positive momentum came as benchmark indices posted solid gains during the week. The Sensex climbed 1,284.61 points, or 1.73 per cent,.
New Delhi: The moderation of headline retail inflation below 4 per cent reflects the resilience of India’s macroeconomic fundamentals and the effectiveness of ongoing efforts to maintain price stability, industry chamber PHDCCI said on Friday. Retail Inflation Stays Below RBI Target Despite Monthly Rise Retail inflation, measured by the Consumer Price Index (CPI), stood at.
New Delhi: India’s Purchasing Managers’ Index (PMI) has shown strong resilience despite the winds of war in West Asia and rising energy input prices, according to an Assocham report on Friday. India’s PMI Stands at 59.3, Highest Among Major Economies The PMI for India in May stands at 59.3, significantly higher than all major top.
Now, the Modi government has offered significant relief to foreign investors by abolishing capital gains tax on earnings derived from the sale of government securities or the interest accrued on them.
New Delhi: A pause in interest rates by the Reserve Bank of India’s Monetary Policy Committee (MPC) would help stabilise economic conditions and support growth, State Bank of India (SBI) Chairman CS Setty said on Wednesday. Speaking at the Citi India Conference in Mumbai, Setty said a rate pause at this juncture would help stabilise.
New Delhi: Congress President Mallikarjun Kharge on Saturday launched a blistering attack on the BJP-led central government following the latest round of fuel price hikes, accusing the ruling party of allegedly draining the common man’s earnings in “installments.” पेट्रोल अब हुआ ₹100 पार, अबकी बार… जनता की कमाई पर किश्तों में लूटमार ! पेट्रोल-डीज़ल पर.
Amid escalating geopolitical tensions in the Middle East, leading industry bodies and business leaders have expressed deep concern over the economic fallout of a prolonged conflict, warning that any further escalation could severely impact global economies and the common man. Industry voices concern over escalation Top industry leaders have urged global powers to exercise restraint,.