Business
'India’s oil demand to peak later than in other major economies'
India's refined crude demand will peak later than in other major economies, placing the country in the spotlight driving this demand, according to S&P Global Commodity Insights.
India's forex reserves rise for second consecutive week
Expect 75 basis points repo rate cut cumulatively in 2025: BoB
Cabinet approves continuation of Skill India Programme
AI-enabled consumer helpline system set up
IEA and OPEC will share insights on oil market during IEW
Piyush Goyal inaugurates National IP Moot Court Competition
More News
India achieves 100 GW solar power capacity
India has achieved a historic milestone by surpassing 100 GW of installed solar power capacity, reinforcing its position as a global leader in renewable energy
Crisil upgrades Adani Power rating over strong fundamentals
The rating agency said that the upgrade in rating reflects Crisil Ratings expectation of strengthening in Adani Power's overall credit risk profile with strong improvement in the business parameters on account of increase in proportion of tied-up capacities as well as fuel linkages.
'Affordable housing to get boost from rate cut, tax relief'
Real estate leader Niranjan Hiranandani said affordable housing segment will get yet another boost with the reduction in repo rate by the RBI monetary policy committee.
RBI rate cut fails to cheer markets; Sensex, Nifty close in red
The BSE Sensex declined by 197.97 points, closing at 77,860.19, while the NSE Nifty lost 43.40 points, ending the session at 23,559.95. Out of the Nifty 50 stocks, 28 advanced while 23 declined.
National Highways construction to decline by 7-10% in FY25
Maulesh Desai, Director, CareEdge Ratings, said, "Among the under-construction projects, totalling Rs 1.83 lakh crore, 55 per cent with an aggregate BPC of Rs 1 lakh crore are delayed by more than six months."
Mahindra & Mahindra reports strong Q3 FY25 results
Anish Shah, Managing Director & CEO, M&M Ltd. said, "Our businesses continue to demonstrate strength in execution. Auto and Farm delivered solid performance on market share and margins, on the back of focused execution. The transformation at TechM is gathering momentum."
Industry expects bigger rate cut in near term
Chandrajit Banerjee, Director General, CII, said, "The recent series of liquidity easing measures introduced over the past two weeks will aid in the effective transmission of the rate cut to the productive sectors of the economy. Additionally, the RBI's indication that it will inject liquidity as needed to address any tightening of frictional and durable liquidity in the system will ensure that monetary policy transmission remains effective."
India certainly can achieve 7% plus growth: RBI Governor
RBI Governor Sanjay Malhotra on Friday said India can certainly achieve 7 per cent or above growth and that should be what the country should aspire for.
India's economic growth hinges on private sector's Capex push
While concerns remain over the moderation in public investment, Jefferies underscored that India's economic trajectory now depends on the private sector's willingness to step up and drive capital spending, ensuring sustained economic growth.
Experts cheer repo rate cut, budgetary boost for real estate
In a move that is expected to boost residential real estate, business investments, and overall economic growth, experts have welcomed RBI's repo rate cut, combined with budgetary measures for real estate and investments -- a game changer for economic growth.
Experts applaud RBI’s repo rate cut
Anshul Jain, Chief Executive, India, SEA & APAC Tenant Representation at Cushman & Wakefield, described the move as "well-timed and much-needed," particularly as CPI inflation eases and Q2-FY25 GDP growth slows.
RBI announces exclusive ‘.bank.in’ domain
Malhotra stated, "The Reserve Bank shall implement the bank.in exclusive Internet domain for Indian banks."
RBI projects GDP growth at 6.7% for FY26
On the inflation front, RBI expects Consumer Price Index (CPI) inflation to ease to 4.8 per cent in FY25, with Q4 FY25 inflation projected at 4.4 per cent. For FY26, inflation is forecasted at 4.2 per cent, with quarterly estimates as Q1 FY26: 4.5 per cent, Q2 FY26: 4.0 per cent, Q3 FY26: 3.8 per cent and Q4 FY26: 4.2 per cent.
RBI cuts repo rate by 25 bps to 6.25%
Malhotra highlighted the challenges posed by the global economic landscape, noting that while high-frequency indicators suggest resilience and expansion in trade, overall global growth remains below historical averages. "Progress on global disinflation is stalling, hindered by services price inflation," he observed.
Top Story
India achieves 100 GW solar power capacity
Crisil upgrades Adani Power rating over strong fundamentals
'Affordable housing to get boost from rate cut, tax relief'
RBI rate cut fails to cheer markets; Sensex, Nifty close in red
National Highways construction to decline by 7-10% in FY25
Related News
Giriraj Singh slams Rahul Gandhi over conduct in Parliament
Congress' Muraleedharan says LPG shortage "affecting families"
Woman found dead in hotel room in North Delhi
"No shortage of petrol, diesel or LPG": Hardeep Singh Puri
29 lakh women received funds under Mahila Udyamita Scheme: Sarma
Videos
Northeast India’s growth highlighted at UN
Hamirpur Celebrates Rebirth of Chandrawal River
Rajasthan CM Bhajanlal Sharma attends CII Rajasthan session on $4.3 trillion economy vision
‘Don’t panic book LPG cylinders’: Petrol Ministry urges consumers amid on-going oil market turmoil
Top 7: Moments when Amit Shah rained fire upon Opposition in Lok Sabha during No-Confidence debate
‘Threat to women, kid,…’ Ashwini Vaishnaw stresses steps taken for digital safety in AI world
Chhattisgarh का काला हीरा: खेतों से उठ रही Black Rice की नई क्रांति
Copyright © aninews.in | All Rights Reserved.