The European Central Bank (ECB) cut the key interest rates for the first time in five years on Thursday. It reduced three key policy rates by 25 basis points (100 basis points is equal to 1 percentage point).
Motilal Oswal Financial Services says that the policy agenda of Modi 2.0 will continue in Modi 3.0. The coalition government or weakened majority of BJP is unlikely to slow down major reforms.
The Ministry of Statistics and Programme Implementation (MOSPI) estimates GDP growth at 8.2 per cent, driven by robust investment demand. Gross Fixed Capital Formation (GFCF) has surged by 9 per cent in FY24, highlighting the investment boom.
A day after the BJP won all seven Lok Sabha seats in the national capital, Delhi BJP president Virendraa Sachdeva said that the people of the city have "rejected" Chief Minister Arvind Kejriwal.
Mumbai (Maharashtra) [India], June 5: HDFC Life, one of India's leading life insurance companies, announced that it has crossed Rs 3 lakh crore in Assets Under Management (AUM). This milestone reflects the company's consistent growth and commitment to managing its policyholders' assets prude
The Rouse Avenue Court on Wednesday extended the judicial custody of Delhi Chief Minister Arvind Kejriwal till June 19 in connection with a money laundering case related to the excise policy case.
However, the NDA's slim margin of victory and the BJP's loss of an outright majority in parliament may slow down more extensive economic and fiscal reforms, potentially impeding fiscal consolidation efforts.
The Reserve Bank of India (RBI) is unlikely to reduce the benchmark interest rate in its upcoming monetary policy review meeting. The meeting, chaired by Reserve Bank Governor Shaktikanta Das, is underway in Mumbai
Despite the political stability that the NDA's majority provides, the UBS report suggests a potential shift towards a more populist economic policy in Modi's third term, targeting the lower-income strata.
Gurugram (Haryana) [India], June 4: In a significant step towards enhancing education and empowering students with necessary financial skills, Manav Rachna Educational Institutes has partnered with StockGro, a leading experiential stock market learning and investment platform. This partnersh
Delhi's Rouse Avenue Court deferred the pronouncement of order on cognizance in ED's supplementary chargesheet (prosecution complaint) filed against Delhi Chief Minister Arvind Kejriwal and Aam Aadmi Party (AAP) in connection with a money laundering case related to the excise policy case.
The Supreme Court on Tuesday refused to grant relief to Aam Aadmi Party (AAP) leader Manish Sisodia and disposed of his bail plea in the cases lodged by the CBI and the ED in connection with the alleged Delhi excise policy scam.