While retaining its position as the fastest-growing large economy, India's real gross domestic product (GDP) growth will moderate to 6.8 per cent in fiscal 2025 from 8.2 per cent in fiscal 2024, CRISIL observed in its recent report, citing high interest rates and lower fiscal impulse.
With the US economy having created far more jobs than expected in May and consumer inflation in the country still looming above a comfortable range, its central bank Federal Reserve is unlikely to tinker with policy rates ahead of the much-awaited Presidential election scheduled later this y
"They have commercialized the TTD (Tirumala Tirupati Devasthanam). Once you're on hill top, you should feel pure, prasadam should be neat, and rates shouldn't be increased. Darshan tickets shouldn't be sold in the black market," Naidu said speaking to reporters on Thursday.
Mumbai and New Delhi are among Indian cities that recorded a sharp annual increase in their real estate prices in the first quarter of 2024, according to a report by London-headquartered global property consultancy firm Knight Frank.
According to a report from the Kabul-based online news agency Khaama Press, the rental rates are set at Rs 7 lakh per month for 20 buildings from the Communication and Works Department and Rs 1.35 lakh monthly for 17 properties spanning 450 acres from the Forest Department.
The data indicates differentiated inflation rates for rural and urban areas, with rural inflation at 5.28 per cent and urban inflation at 4.15 per cent.
In a nation with a population of 123.9 million, a mere 727,277 births were recorded last year, a stark decline revealed by data from the Ministry of Health, Labour and Welfare. This downward spiral in fertility is underscored by a drop in the fertility rate, now standing at 1.20, down from 1
International gold prices dipped over 2 per cent on Friday, with analysts largely attributing the decline to stronger-than-expected job gains in the US and weak buying from key buyer, China.
Industry leaders and economists widely accepted RBI's monetary policy stand of no change in interest rates. Besides upward projection of GDP growth for FY25 from 7 per cent to 7.2 per cent is welcomed by the Industry.
Indian markets continued their upward trend and Sensex touched all-time high after the Reserve Bank of India (RBI) announced on Friday that it would keep policy rates unchanged at 6.5 percent and Narendra Modi will again take oath of Prime Minister of India.
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).
Mumbai (Maharashtra) [India], June 6: In the field of financial strategy, Fixed Deposit (FD) accounts present themselves as a steadfast and secure investment solution. The appeal of fixed returns and minimal risk positions them as the top choice for a considerable number of investors. An int