Former Prime Minister Manmohan Singh’s 1991 Budget unshackled India’s economy, significantly enhancing the economic prospects for hundreds of millions of Indians, first deputy managing director of the International Monetary Fund (IMF) Gita Gopinath said on Friday. Photograph: Reuters In a
The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday. Photograph:
Job creation, improving farm productivity, and mobilising public funds for infrastructure development were some of the issues that figured during the interaction between Prime Minister Narendra Modi and economists ahead of the 2025-26 Union Budget. Photograph: ANI Photo The prime
Sebi had issued norms to bring clarity on the on boarding of accredited investors, however, the certification for the same have not picked up much. Around Rs 1 trillion, or a fifth of the investments made by alternative investment funds
Foreign investors have made a strong comeback to Indian equities with a net investment of Rs 22,766 crore in the first two weeks of December driven by expectations of rate cut by the US Federal Reserve. Photograph: Kind courtesy Rupixen/Pixabay
The sharp rally in gold prices globally was led mostly by central bank purchases and investor buying. Photograph: Heinz-Peter Bader/Reuters Gold price outlook 2025: Gold prices that have climbed over 30 per cent so far in 2024 to Rs 7,300
‘Challenge is basically near-term growth as the outlook has turned a bit adverse.’ IMAGE: Finance Minister Nirmala Sitharaman with Revenue Secretary Sanjay Malhotra during the 54th GST Council Meeting at the Sushma Swaraj Bhavan in New Delhi, December 9, 2024.
‘The central bank has highlighted that the slowdown in growth has been limited to a few sectors and overall growth is expected to pick up in the second half of the year.’ IMAGE: Reserve Bank of India Governor Shaktikanta Das,
It will be the second Budget of the Modi 3.0 government and the eighth straight Budget for Nirmala Sitharaman, rare in Indian polity. IMAGE: Finance Minister Nirmala Sitharaman addresses the Credit Outreach Programme in Madhubani, November 30, 2024. Photograph: ANI
Chief Economic Advisor V Anantha Nageswaran on Thursday said economic activity in some sectors have picked up pace during October-November and a GDP growth of 6.5-7 per cent in the current fiscal is feasible. Photograph: Anushree Fadnavis/Reuters He also said
