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India's fiscal deficit will be 4.8 pc in FY25, below budget estimate of 4.
Updated : 1 year, 3 months ago IST
The fiscal deficit of the central government is projected to be 4.8 per cent of GDP for FY25, slightly below the budgeted estimate of 4.9 per cent, according to a report by Care Edge Ratings. The marginal improvement is attributed to healthy tax collections, despite certain shortfalls.
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Philippine Coast Guard accuses China of AIS spoofing to stir public alarm
Updated : 1 year, 3 months ago IST
Philippine Coast Guard (PCG) Commodore Jay Tarriela, spokesperson for the West Philippine Sea, accused China of using automatic identification system (AIS) spoofing to mislead the international community and create public unrest.
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"100 pc plain water used": Ambala police refutes allegations of 'chemical-
Updated : 1 year, 3 months ago IST
Pandher claimed that 17 farmers were injured after the police used tear gas and water cannons to disperse protesters at the Shambhu Border. He further alleged that several farmers are in serious condition and accused the authorities of negligence in providing treatment at the hospital. Read More
SCBs see a sharp drop in NPA ratio, falling to 2.67% in June 2024 from 11.
Updated : 1 year, 3 months ago IST
The gross nonperforming assets (NPA) ratio for scheduled commercial banks (SCBs) witnessed a significant reduction to 2.67 percent in June 2024 from 11.18 percent in March 2018, the Finance Ministry stated on Saturday.
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Indian auto components industry sees 11.3 pc growth in H1 FY25: Report
Updated : 1 year, 3 months ago IST
The industry, which was valued at USD 36.1 billion in H1 FY24, surged to USD 39.6 billion in H1 FY25. Several trends have emerged in the market, with consumers shifting towards larger and more powerful vehicles across all segments.
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India's CPI inflation to ease to 4.7-4.8 pc in FY25, driven by lower food
Updated : 1 year, 3 months ago IST
December data indicates further corrections in vegetable prices, while favorable soil moisture and reservoir levels are expected to support a robust Rabi harvest. Additionally, benign global food and energy prices are expected to keep food inflation risks low in the near term.
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IIP growth rises to 3.5 per cent in October from 3.1 pc in September
Updated : 1 year, 3 months ago IST
The manufacturing sector demonstrated resilience, with 18 out of 23 industry groups at the 2-digit NIC level recording positive growth compared to October 2023. The overall Quick Estimate of IIP for October 2024 stood at 149.9, a noticeable increase from 144.9 in October 2023.
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17 states achieved over 9 pc and 25 states over 7 pc GSDP growth post-COVI
Updated : 1 year, 3 months ago IST
Among these, 17 states surpassed an impressive 9 per cent growth rate, with Gujarat, Kerala, Telangana, Rajasthan, West Bengal, Bihar, Karnataka, Uttar Pradesh, Haryana, and Odisha standing out for their robust economic performance during 2021-22 and 2022-23.
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Gillespie weighs options after PCB drops assistant coach Tim Nielsen
Updated : 1 year, 3 months ago IST
Pakistan's Test head coach Jason Gillespie is reportedly considering his future with the team after the Pakistan Cricket Board (PCB) decided not to renew the contract of assistant coach Tim Nielsen. Nielsen, who was appointed in August as the "high-performance red-ball coach," had his contra
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PMLA court takes cognizance of ED complaint against ex-MLA Dharam Singh Ch
Updated : 1 year, 3 months ago IST
The PMLA special court has took cognizance of the prosecution complaint (PC) filed by the Directorate of Enforcement (ED) against Sikandar Singh, son of former Congress MLA Dharam Singh Chhoker under provisions of Prevention of Money Laundering Act (PMLA), 2002.
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Ultra high net-worth individuals in India growing at 12 pc CAGR: Motilal O
Updated : 1 year, 3 months ago IST
The number of High Net-Worth Individuals (HNIs) and Ultra High Net-Worth Individuals (UHNIs) in India is growing at an impressive compounded annual growth rate (CAGR) of 12 per cent, according to a report by Motilal Oswal.
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Former Pakistan skipper Sarfaraz Ahmed offers clarity on his international
Updated : 1 year, 3 months ago IST
Recently, the seasoned wicketkeeper batter, who is currently mentoring Faheem Ashraf-led Dolphins in the ongoing Champions T20 Cup, addressed his future and said, as quoted from Geo News, "Look, as far as my career is concerned. I think I don't need to say anything. Nothing is left. I know w
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