Countdown Begins To Budget 2025

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

GDP growth of 6.5-7% in FY25 is feasible: CEA Nageswaran

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

RBI adds 27 tn gold to country’s reserve in Oct

Gold buying by central banks surged to 60 tonnes in October, mainly led by the Reserve Bank of India (RBI) which added 27 tonnes of the precious metal to its reserves, the World Gold Council (WGC) said on Thursday. Photograph:

2,000 notes: Rs 6,839 cr still with the public

The Reserve Bank on Monday said 98.08 per cent of the Rs 2,000 banknotes have been returned to the banking system, and only Rs 6,839 crore worth such notes are still with the public. Photograph: PTI Photo from the Rediff

Forex reserves drop $1.31 bn to $656.5 bn

India’s forex reserves dropped $1.31 billion to $656.58 billion for the week ended November 22, the Reserve Bank of India (RBI) said. Photograph: Dado Ruvic/Reuters The kitty had dropped a record $17.76 billion to $657.89 billion in the previous reporting