The rural demand and government spending will be key drivers of India's economic growth in the second half of the current financial year (October-March FY25), according to a report by ICICI Bank.
India's information technology (IT) spending is projected to reach a total of USD 160 billion in 2025, an increase of 11.2 per cent from 2024, fueled by expansion in both application and infrastructure software markets, according to the latest forecast by Gartner, Inc.
RBI Governor Shaktikanta Das said on Wednesday that capital expenditure spending of the centre and states are picking up but high subsidy outgo is a concern.
The total capital outlay of India's top 18 states is expected to grow 7-9 per cent on a yearly basis to Rs 7.2 lakh crore this financial year 2024-25, building on a high base from last year, according to Crisil Ratings.
The Government of India has released its monthly account summary for the financial year 2024-25 up to September, showing a total receipt of Rs 16.37 lakh crore, representing 51 per cent of the Budget Estimates (BE) for the year.
New Delhi [India], October 30: As families come together to celebrate festivals, the spirit of giving and sharing takes center stage. This festive season, choose a debit or credit card that offers you exclusive discounts and rewards on a wide range of shopping options. Whether you're buying
Claire Yuan, S&P Global Ratings credit analyst, said, "By our estimate, rated carmakers will be spending more than US$20 billion building electric vehicle [EV] production in South and Southeast Asia for the next few years. The expansion will likely enhance the business strength of some r
Broadway luminary Sutton Foster is navigating a significant transition in her personal life after filing for divorce, and sources indicate that her connection with fellow star Hugh Jackman is blossoming quietly yet fervently.
Hyderabad (Telangana) [India], October 23: Rural consumers are significantly shaping the festive spending landscape this year, with a remarkable 35 per cent increase in their spending. This surge underscores the growing purchasing power of rural India, highlighting its vital role in driving
Easing inflation, favourable monsoon conditions, and increased government social spending are expected to boost household demand. Additionally, healthy corporate balance sheets are playing a vital role in supporting the recovery of private investment.
Kumar Rajagopalan, CEO of RAI, pointed out that consumer behaviour is evolving and said, "September's retail performance highlights that consumers are spending selectively. As we approach the festive season, this behaviour presents an opportunity for retailers to align their strategies with
Chief Minister Patel said that this will not only give recognition to the responsible financial management and disciplined spending of such states but will also inspire other states to do the same.