The Supreme Court on Friday granted bail to Bhushan Steel promoter Neeraj Singal in a Rs 46,000 crore money laundering case, however, it has taken a strong exception on economic offences as it noted that the economy was shaken due to the alleged offence.
According to a report by Nuvama Wealth Management, in the past two quarters, the capex to GDP ratio in India has shown signs of deceleration, while consumption to GDP is picking up, a trend reminiscent of the pre-pandemic era.
RBI Governor Shaktikanta Das stated that the rural demand of the Indian economy has picked up as the private consumption and investment expanded in the latest quarter GDP numbers.
The US accounts for about 18 per cent of India's merchandise exports, including electronics, pharmaceuticals, and petroleum products, among others. However, India's economy is largely driven by domestic demand, so the potential fallout from weaker US growth will likely be contained.
Mumbai (Maharashtra) [India], September 4: Qualitia today announced it has launched Qualitia Boson on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts, empowering customers to leverage an AI-native, patented self-healing platform for rapid Salesforce depl
Pune (Maharashtra) [India], September 4: In a volatile and unpredictable market, a versatile and adaptive investment strategy can be beneficial. One such dynamic investment option is a flexi cap fund.
Reportedly, preselling of real estate properties allows the developers to recover their investments faster, and provide them cash and cash equivalents for their future projects.
Lee Chee Koon, Group Chief Executive Officer, CLI said, "India is a strategic market for us and a key contributor to CLI's overall business. India has been one of our fastest-growing markets, where our investments have tripled in the last seven years. With India's GDP forecasted to grow 7 pe
Pranjul Bhandari, Chief India Economist at HSBC, commented on the findings, stating, "The Composite PMI for India continued to show strong growth in August, driven by accelerated business activity in the service sector, which experienced its fastest expansion since March.
Uttarakhand Chief Minister Pushkar Singh Dhami, while reviewing the Agriculture and Horticulture Department in the Secretariat on Tuesday, directed the officials to make effective efforts towards increasing the economy of farmers in the state more rapidly.
Despite the slowdown in growth in the first quarter of 2024-25, India's underlying economic conditions remain positive, asserted S&P Global Market Intelligence.
This growth was primarily driven by significant public infrastructure investments and a surge in household investments in the real estate sector. On the supply side, a buoyant manufacturing sector, which expanded by 9.9 per cent, and resilient services activity played crucial roles in offset