Indian stock indices touched their fresh lifetime highs briefly after the opening bell Thursday, continuing their uptrend from the previous session, primarily due to a moderation in inflation in May - both in India and the US. Other domestic economic parameters too are robust.
Delhi-NCR [India], June 10: For the eighth consecutive time, the RBI has decided to keep the repo rate unchanged at 6.5%. This decision, combined with optimistic GDP growth projections, massive infrastructural development, an increased pace of project launches, and robust demand, is expected
She said that Norway looks forward to continuing "strong and robust" bilateral ties between the two nations in various sectors, including blue economy, energy, trade, investments, environment and climate.
This optimistic outlook aligns with the Reserve Bank of India's (RBI) latest monetary policy report, which predicts a robust growth rate of 7.2 per cent for India in the fiscal year 2025.
India's banking system is robust and the gross NPA (Non-Performing Assets) of the schedule commercial banks and NBFCs are below 3 per cent highlighted RBI (Reserve Bank of India) Governor Shaktikanta Das during the Monetary policy announcement on Friday.
He added, "In the last ten years, the kind of governance we saw was my way or the highway, demonetise the currency and don't even consult the cabinet and your Finance Minister."
Mumbai (Maharashtra) [India], June 6: In the bustling city of Mumbai, each neighbourhood tells a story of its evolution and potential. Sion, a locale with a consistent history in luxury developments, stands out as a strategic hub that has catered to an affluent clientele for over two decades
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.
Earlier Chief Election Commissioner Rajiv Kumar had said that a "very robust system" has been put in place. "There are around 10.5 lakh booths. Each booth will have 14 tables. There are observers and micro-observers. Nearly, 70-80 lakh people are involved in the process," he said.
Amid the opposition parties raising concerns over the counting process of the votes, Chief Election Commissioner Rajiv Kumar on Monday said that the entire counting mechanism is absolute robust and the whole process is codified in a certain manner that no error can be found in the whole p
Pune (Maharashtra) [India], June 3: Poonawalla Fincorp Limited, a non-deposit taking systemically important NBFC focusing on consumer and MSME finance, has achieved a significant milestone of Gross NPA below 1 per cent and Net NPA below 0.5 per cent as on 31st May 2024. It continued to regis
India's commercial vehicle sales registered positive growth in May, the commercial vehicle market saw notable performance improvements from major manufacturers, signaling a robust and growing industry.