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New Delhi, Feb 6 (IANS) Crude oil prices are expected to remain range bound at an average of $75-$80 a barrel over the next 6 months, essentially on the back of higher overall global crude oil production aided by increase in crude oil production by the US while demand growth is expected to remain relatively … Read more
Mumbai, Jan 31 (IANS) As the nation gears up for the Economic Survey and the Union Budget 2025-26, the domestic benchmark indices on Friday opened higher. Optimism was seen in the air as investors looked for potential catalysts in the upcoming Budget. While the Sensex was up almost 184 points or 0.24 per cent at … Read more
Mumbai, Jan 23 (IANS) Indian companies have announced investments of over Rs 32 lakh crore during the first nine months (April-December) of the current financial year, which represents a 39 per cent jump compared to the corresponding figure of Rs 23 lakh crore for the same period of the previous financial year, according to a … Read more
Mumbai, Jan 20 (IANS) More changes in the RBI Liquidity Management Framework are likely after the daily dynamic VRR has been taken as the first step to manage liquidity in the banking system, according to an SBI research report. “Such changes and frontloading next round of moves are smart and pragmatic by the RBI…A delicate … Read more
United Nations, Jan 17 (IANS) The World Bank projects India’s economy to grow by 6.7 per cent in the next fiscal year starting in April, slightly higher than in the current fiscal year, and continuing to top the growth tally. The Word Bank’s Global Economic Prospects released on Thursday estimated the current fiscal year’s growth … Read more
New Delhi, Jan 11 (IANS) The total number of registered startups in India have surged to 1,57,066 from around 400 in 2016, when the ‘Startup India’ initiative was launched, with investment in these new ventures jumping to $115 billion, from $8 billion in this nine-year period, according to data released by the Department for Promotion … Read more
New Delhi, Jan 10 (IANS) India will continue to stand out as the fastest-growing major economy globally in the coming years with growth momentum to improve in 2025 as government spending is picking up again and consumer sentiment stays resilient, according to a Franklin Templeton report. The structural growth outlook for India’s economy remains very … Read more
New Delhi, Jan 9 (IANS) The Indian economy is projected to grow at a robust 6.8 per cent in the financial year 2025-26, driven by strong high-frequency indicators, according to a Bank of Baroda forecast. The report expects nominal GDP growth to be around 10.5 per cent during the next financial year. It highlights that … Read more
New Delhi, Jan 1 (IANS) India’s total exports of goods and services in 2024 are projected to exceed Rs 69,58,886 crore ($814 billion), which represents a 5.58 per cent increase compared to the corresponding figure of Rs 65,69,907 crore ($768.5 billion) in 2023, according to figures compiled by Global Trade Research Initiative (GTRI). This growth … Read more