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Long-term reforms rather than short-term measures
Later, in the first full budget of his second term in 2019 the focus shifted towards bolstering domestic manufacturing, advancing the Aatma-Nirbhar Bharat initiative, cutting corporate taxes, and promoting green energy, fuelling a surge in market capitalization, profitability of domestic cyclicals, and a resurgence in PSU banks through recapitalization.
Finance minister to meet NBFCs on March 8 to discuss key issues
We have put a lot of emphasis on enhancing National Highways’ qua
Economic Survey 2024-25: Nirmala Sitharaman heads to parliament
Indian stock market to bottom out by Feb 7: Jefferies
Despite govt capex of Rs 54 Lakh cr over 5 years, concern on pvt investment and employment remain
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Gold reaches all-time high of USD 2,859/oz, surging 40% in a year
Gold prices soared to a new all-time high of USD 2,859 per ounce, marking a sharp increase of 37 per cent over the past year.
Modi government taking India into middle-income trap; Congress
Noting that India's GDP growth for 2024-25 is expected to be 6.4 per cent as per government data, the Congress on Thursday said that the Modi government is taking India into the "middle-income trap, which will make us uncompetitive, underproductive, and unequal".
Economic Survey set to be presented Friday afternoon
As is the convention, Finance Minister Nirmala Sitharaman will table the pre-budget detailed state of the economy document in the Parliament, a day ahead of the Budget presentation for the next financial year - 2025-26. Economic Survey will be tabled in Lok Sabha at 12 noon and at 2 PM in Rajya Sabha.
Andhra CM approves investment projects worth Rs 44,776 crore
The 3rd meeting of the State Investment Promotion Board (SIPB) under the chairmanship of Andhra Pradesh Chief Minister Chandrababu Naidu was held on Thursday.
Coordination meeting held between CBI, other stakeholders
During the day-long meeting, all pending matters pertaining to ongoing investigations and prosecutions of the bank fraud cases in CBI were discussed and several issues were sorted out.
Gadkari to meet oil cos post Delhi polls to make ethanol cheap
Nitin Gadkari, Union minister for roadways, Thursday said he would hold a meeting with oil marketing companies after the Delhi elections, where they would discuss ways and means to make retail ethanol prices reasonable.
Indian Government to soon launch GPU access portal as China’s De
The Union government will provide subsidy on artificial intelligence (AI) compute power for the next four years, as per Information and Broadcasting Minister Ashwini Vaishnaw.
PTC Industries signs MoU with Odisha to invest in aerospace-grad
Advanced manufacturing and materials technology company PTC Industries, on Thursday, announced the signing of a Memorandum of Understanding (MoU) with the Government of Odisha to establish an aerospace-grade titanium sponge manufacturing facility in the state.
Adani Enterprises reports 9M FY25 results
AEL Consolidated EBITDA surged by 29 per cent to Rs. 12,377 crore, driven primarily by the performance of the Adani New Industries Limited (ANIL) Ecosystem and Adani Airports. Additionally, profit before tax (PBT) rose by 21 per cent to Rs. 5,220 crore, underscoring the resilience of AEL's business model.
Microenterprises seek faster loans higher GST exemption
Lakshmi Venkatesan Venkataraman, Founding and Managing Trustee, Bharatiya Yuva Shakti Trust, said, "One of the key concerns for microentrepreneurs is access to timely and adequate credit. While fintech firms and NBFCs process loans in a few days, banks still take 2-3 months, causing delays."
20 per cent capex growth crucial for boosting India’s GDP
The government is expected to continue on its fiscal deficit reduction path, bringing it down to 4.4 per cent of GDP in FY26. A strategic focus on investment and spending reforms will help balance fiscal prudence with economic expansion.
Adani Ports logs 32% net profit growth in first nine months FY25
Adani Ports and Special Economic Zone Ltd on Thursday reported a 32 per cent growth in its net profit in the first three quarters of 2024-25. The net profit for the period -April to December 2024--was Rs 8038 crore versus Rs 6089 crore in the year-ago period, the company's earnings data showed Thursday.
Natural disasters, climate change have long-term impact: IIT
The state government bears much of the disaster response cost after natural disasters such as floods and cyclones which substantially impacts its budget.
Air India, Kenya Airways enter into codeshare partnership
Air India and Kenya Airways have entered a codeshare partnership, aimed at boosting seamless travel between India and Africa, and beyond.
Top Story
Gold reaches all-time high of USD 2,859/oz, surging 40% in a year
Modi government taking India into middle-income trap; Congress
Economic Survey set to be presented Friday afternoon
Andhra CM approves investment projects worth Rs 44,776 crore
Coordination meeting held between CBI, other stakeholders
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