Page 12 of economic growth

Domestic players and EV battery cell manufacturers in India are also forming joint ventures (JVs) with international cell makers, module makers, and pack suppliers.

India needs to be both a consumer and a crucial contributor to the global shift towards sustainable automotive solutions.

July 11, 2024 04:30 IST

RBI raises concerns over ‘lakhs’ of accounts used for fraud & evergreening

To address the issue, the regulator is nudging lenders to enhance the quality of their disclosures, DG Rao said.

July 9, 2024 23:57 IST

In November, Wipro had filed a lawsuit against Dalal, accusing him of violating the non-compete clause in his employment contract by joining rival Cognizant within 12 months of his last work date.

Cognizant settles Dalal lawsuit with Wipro Intro: Pays Rs 4 crore in settlement

Cognizant also said that former Wipro senior vice president Mohammad Haque’s lawsuit has also been settled with Wipro.

July 9, 2024 23:29 IST

In the just-concluded quarter, the growth in the private and government investment announcements declined 94% and 84%, respectively.

Project intent down 92% in June quarter

Lowest value of new announcements since Sept 2009; sharp drop in private sector’s.

July 2, 2024 03:45 IST

The 16th Finance Commission — a constitutional body that gives suggestions on Centre-state financial relations.

Build data portal for finance commission, says Panagariya

The 16th Finance Commission was constituted in December 2023, and its members were appointed by January of this year.

June 30, 2024 04:10 IST

Electricity output, meanwhile, was sharply up at a seven-month high of 12.8%, as May recorded a high power demand.

May core sector growth slows down to 6.3%

On a sequential basis, however, the core sector’s output rose 3.7% in May. Typically, output in May increases from April.

June 29, 2024 04:35 IST

There is no singular, silver-bullet initiative that can change this outlook.

Need to revamp growth engines and kick-start new ones makes task more complicated

Buoyant, durable, sustainable, and inclusive growth is essential for a country where the older generations risk seeing their children end…

June 29, 2024 04:00 IST

However, major purchases of mustard have been in Madhya Pradesh (0.36 MT), Haryana (0.32 MT) and Rajasthan (0.34 MT).

Mandi prices of mustard rises above MSP after govt purchases

Official sources told FE that prices across key mandis have either crossed MSP or at par.

June 25, 2024 04:50 IST

The stock holding limit of traders and wholesalers have been fixed at 3000 tonnes.

Stock holding limit imposed on wheat

The restrictions to remain till fiscal-end; no shortage of grain: Food secretary.

June 25, 2024 04:40 IST

economy, inflation, economic growth, GDP growth, BRICS economies, infrastructure expenditure, imports, exports, private consumption, crude oil prices, RBI, rate cut

India’s economic growth and threat of inflation

Economic growth in India is expected to be at 6.6% in 2024 and 2025 outperforming its major competitors in BRICS…

June 18, 2024 09:39 IST

‘MSME growth through fintech innovations to play major role in $5 trillion economy’

Fintech’s contribution to MSMEs’ empowerment will likely increase, with the Indian fintech sector predicted to reach $150 billion by 2025.

June 15, 2024 12:17 IST

GenAI, technologies, economic growth, technological shifts, policy interventions, Climate change, trade fragmentation

GenAI for growth: Emerging technologies set to propel India’s economic transformation, says EY report

Per the latest edition of EY Economy Watch, emerging technologies, climate challenges, de-globalization, and de-dollarization are key global trends that…

June 11, 2024 10:10 IST

services PMI, services sector, services activity, demand, investment, output growth, consumer preference, hiring trends

India’s services PMI softens to 5-month low on May to 60.2 from 60.8 in April

The seasonally adjusted HSBC India Services Business Activity Index remained comfortably above the neutral mark of 50.0 in May. That…

June 5, 2024 12:42 IST

The prime minister mentioned that the NDA government will work to provide more opportunities to women.

To take major economic decisions in third term: Modi

Addressing Bharatiya Janata Party (BJP) workers in New Delhi after the poll results showed the NDA is poised to retain…

June 5, 2024 04:40 IST

Lok Sabha Elections 2024, Lok Sabha election results, exit polls, economy, policy continuity, reform, economic growth, GDP, RBI, repo rate

What Modi 3.0 could mean for Indian economy: Experts bet on policy continuity, all eyes on RBI announcement on June 7

While the results may not impact the economy directly, the prospect of the NDA Government led by BJP coming back…

June 4, 2024 07:08 IST

Lok Sabha Elections, general elections 2024, exit polls, BJP, government, reforms, stock market, economy, investment, sectoral gains

BJP’s third consecutive mandate- Hit the ground running

BJP’s victory has often been identified with – not unjustifiably- a confident and ascendant India- an India, which is confident…

June 3, 2024 15:02 IST

India is the fifth largest economy in the world GDP rankings list

Economists give a thumbs up to robust FY24 GDP ahead of poll results on June 4; maintain FY25 estimates at 6.5-7%

The economists stated that the Indian economy has emerged as an outlier after maintaining the growth rate at a higher…

June 2, 2024 15:21 IST

Lok Sabha Elections, election results, economy, economic growth, general elections 2024, policy continuity, fiscal prudence, Unemployment, inflation, election manifestos, economic stability

Lok Sabha Elections 2024: Congress’ Nyay vs Modi ki Guarantee: What the poll promises will cost the nation?

The fine print of Congress’ Nyay Patra or BJP’s ‘Modi Ki Guarantee’ is yet to unravel but most economists vote…

May 31, 2024 15:07 IST

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Markets muted: Nifty is struggling around 26,100 and the Sensex is down 130 points

Market15 min ago

Indian equity market opens muted with Sensex and Nifty starting in negative territory. Nifty Bank Index also follows weak trend. Top gainers from Sensex include Asian Paints, NTPC, Bharti Airtel, and Maruti. Major losers in morning trade include HDFC Bank, ICICI Bank, Bajaj Finserv, and Adani Ports.

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