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News   -   Dec 19, 2024 Indian Stocks Fall, Rupee Hits Record Low
Indian Stocks Fall, Rupee Hits Record Low

Indian equity indices dropped on Thursday, with IT stocks leading the decline, as the Federal Reserve signalled fewer interest rate cuts in 2025, raising concerns over foreign investment outflows. The Sensex fell by over 900 points and closed at 79, 218, while the Nifty dropped to 23,951. The rupee

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News   -   Dec 19, 2024 New Delhi Prepares for Potential US Tariff Hikes on Exports
New Delhi Prepares for Potential US Tariff Hikes on Exports

New Delhi is conducting a detailed sector-wise analysis, preparing for possible tariff increases on Indian exports to the United States, as reported by The Economic Times. On Tuesday, President-elect Donald Trump had said that the US will impose reciprocal tariffs on Indian goods since New Delhi imposes high tariffs on

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News   -   Dec 17, 2024 Services Exports Overtake Goods Exports
Services Exports Overtake Goods Exports

In a major shift, India’s services exports overtook goods shipments in November 2024. Services exports have been estimated at $35.7 billion, compared with $32.1 billion in goods exports. Software services accounted for 47% of the total exports with nearly 70% headed towards the US. IT and IT-enabled

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News   -   Dec 16, 2024 Adani Stocks Lose $10.6 Billion M-Cap in 2024
Adani Stocks Lose $10.6 Billion M-Cap in 2024

The aggregate market capitalisation of the Adani Group's stocks dropped 6.2%, or ₹87,805 crore ($10.6 billion), to ₹13.31 lakh crore ($160 billion) in 2024. The biggest decline was observed in Adani Green Energy, a stock which was in the news when a US court

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Dec 16, 2024 New Income-Tax Bill Unlikely to be Introduced in Parliament Budget Session
New Income-Tax Bill Unlikely to be Introduced in Parliament Budget Session

According to Business Standard, the Finance Ministry is set to delay the introduction of the new Income-Tax Bill, with the internal review committee under Chief Income-Tax Commissioner VK Gupta expected to submit its report before the FY26 Budget, after which the Bill will undergo drafting and scrutiny. Finance Minister Nirmala

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Dec 13, 2024 Retail inflation in November falls to 5.48%
Retail inflation in November falls to 5.48%

India's retail inflation moderated to 5.48% in November, down from October's 6%. Food inflation, which comprises around half of the Consumer Price Index (CPI) basket, eased to 9.04% from 10.87% in October. Rural inflation rose to 9.10%, while urban inflation increased to

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Dec 10, 2024 Foreign Direct Investment Equity Inflows to India Rise by 45%
Foreign Direct Investment Equity Inflows to India Rise by 45%

Foreign direct equity investment in India saw a 45% rise to $29.8 billion in the first half 2025, according to the Department for Promotion of Industry and Internal Trade (DPIIT) data. This increase follows three years of declining inflows. Gross foreign direct investment, which includes equity capital of unincorporated

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News   -   Dec 10, 2024 India’s Media Industry on Track for Strong Growth
India’s Media Industry on Track for Strong Growth

India’s media and entertainment (M&E) sector is on track for a compound annual growth rate (CAGR) of 8.3%, reaching ₹3,65,000 crore ($44.2 billion) by 2028, up from ₹2,45,000 crore ($29.5 billion) in 2023, according to PwC’s latest report, India’

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Indian Stocks Fall, Rupee Hits Record Low
News   -   Dec 19, 2024 Indian Stocks Fall, Rupee Hits Record Low

Indian equity indices dropped on Thursday, with IT stocks leading the decline, as the Federal Reserve signalled fewer interest rate cuts in 2025, raising concerns over foreign investment outflows. The Sensex fell by over 900 points and closed at 79, 218, while the Nifty dropped to 23,951. The rupee

by Publisher
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Economy Articles 82 Articles
News   -   Dec 19, 2024 Indian Stocks Fall, Rupee Hits Record Low
Indian Stocks Fall, Rupee Hits Record Low

Indian equity indices dropped on Thursday, with IT stocks leading the decline, as the Federal Reserve signalled fewer interest rate cuts in 2025, raising concerns over foreign investment outflows. The Sensex fell by over 900 points and closed at 79, 218, while the Nifty dropped to 23,951. The rupee

by Publisher
News   -   Dec 19, 2024 New Delhi Prepares for Potential US Tariff Hikes on Exports
New Delhi Prepares for Potential US Tariff Hikes on Exports

New Delhi is conducting a detailed sector-wise analysis, preparing for possible tariff increases on Indian exports to the United States, as reported by The Economic Times. On Tuesday, President-elect Donald Trump had said that the US will impose reciprocal tariffs on Indian goods since New Delhi imposes high tariffs on

by Publisher
News   -   Dec 17, 2024 Services Exports Overtake Goods Exports
Services Exports Overtake Goods Exports

In a major shift, India’s services exports overtook goods shipments in November 2024. Services exports have been estimated at $35.7 billion, compared with $32.1 billion in goods exports. Software services accounted for 47% of the total exports with nearly 70% headed towards the US. IT and IT-enabled

by Publisher
News   -   Dec 16, 2024 Adani Stocks Lose $10.6 Billion M-Cap in 2024
Adani Stocks Lose $10.6 Billion M-Cap in 2024

The aggregate market capitalisation of the Adani Group's stocks dropped 6.2%, or ₹87,805 crore ($10.6 billion), to ₹13.31 lakh crore ($160 billion) in 2024. The biggest decline was observed in Adani Green Energy, a stock which was in the news when a US court

by Publisher
Dec 16, 2024 New Income-Tax Bill Unlikely to be Introduced in Parliament Budget Session
New Income-Tax Bill Unlikely to be Introduced in Parliament Budget Session

According to Business Standard, the Finance Ministry is set to delay the introduction of the new Income-Tax Bill, with the internal review committee under Chief Income-Tax Commissioner VK Gupta expected to submit its report before the FY26 Budget, after which the Bill will undergo drafting and scrutiny. Finance Minister Nirmala

by Publisher
Dec 13, 2024 Retail inflation in November falls to 5.48%
Retail inflation in November falls to 5.48%

India's retail inflation moderated to 5.48% in November, down from October's 6%. Food inflation, which comprises around half of the Consumer Price Index (CPI) basket, eased to 9.04% from 10.87% in October. Rural inflation rose to 9.10%, while urban inflation increased to

by Publisher
Dec 10, 2024 Foreign Direct Investment Equity Inflows to India Rise by 45%
Foreign Direct Investment Equity Inflows to India Rise by 45%

Foreign direct equity investment in India saw a 45% rise to $29.8 billion in the first half 2025, according to the Department for Promotion of Industry and Internal Trade (DPIIT) data. This increase follows three years of declining inflows. Gross foreign direct investment, which includes equity capital of unincorporated

by Publisher
News   -   Dec 10, 2024 India’s Media Industry on Track for Strong Growth
India’s Media Industry on Track for Strong Growth

India’s media and entertainment (M&E) sector is on track for a compound annual growth rate (CAGR) of 8.3%, reaching ₹3,65,000 crore ($44.2 billion) by 2028, up from ₹2,45,000 crore ($29.5 billion) in 2023, according to PwC’s latest report, India’

by Publisher
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Economy   -   May 30, 2025 GDP Growth Surprises on the Upside
GDP Growth Surprises on the Upside

India’s economy expanded at a faster-than-expected annual rate of 7.4% in the quarter ended in March, despite mounting global economic uncertainty. Gross domestic product of the fourth quarter of the government’s fiscal year 2025 came in sharply higher than the 6.7% growth forecast by economists in

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Economy   -   May 29, 2025 Indian GDP Surpasses Japan
Indian GDP Surpasses Japan

India, which was ranked tenth in the world in 2014, continues to be the fastest-growing major economy. B.V.R. Subrahmanyam, CEO of India’s state-run think tank Niti Aayog said, “we are the fourth-largest economy as I speak ... and this is not my data. This is IMF [international monetary

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News   -   May 23, 2025 STARLINK WILL MAKE INDIA AS VULNERABLE AS UKRAINE
STARLINK WILL MAKE INDIA AS VULNERABLE AS UKRAINE

If PM Modi licenses SpaceX’s Starlink satellite internet service, India will be risking national sovereignty and security in handing over the keys to its skies to Elon Musk.

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Commerce & Industry   -   Jan 31, 2025 Modi Says India is Becoming a Major Maritime Power
Modi Says India is Becoming a Major Maritime Power

Prime Minister Narendra Modi on Wednesday said India is becoming a major maritime power and is being recognised as a reliable and responsible partner in the world. Speaking after the commissioning of three naval warships here, Modi said India has always supported an open, secure, inclusive and prosperous Indo-Pacific region.

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Jan 15, 2025 Pixxel Sends Three Hyperspectral Satellites into Orbit with SpaceX
Pixxel Sends Three Hyperspectral Satellites into Orbit with SpaceX

Bengaluru-based startup Pixxel announced the launch of three of the world's highest-resolution commercial hyperspectral satellites from the Vandenberg Space Force Base in California on Wednesday. The Firefly constellation satellites were integrated via Exolaunch and launched aboard the Transporter-12 rideshare mission with SpaceX. The launch took place around 1

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Jan 15, 2025 GOP Lawmaker Warns Adani Case Could Harm US-India Relations
GOP Lawmaker Warns Adani Case Could Harm US-India Relations

A Republican lawmaker has asked the US Department of Justice to preserve all records in connection with the "selective prosecution" of billionaire industrialist Gautam Adani and his group of companies by the Biden administration. The demand comes less than a week before the Donald Trump administration takes office.

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News   -   Jan 15, 2025 Delhi Excise Case: Home Ministry Approves Prosecution of Kejriwal
Delhi Excise Case: Home Ministry Approves Prosecution of Kejriwal

The Union Home Ministry has granted sanction to the Enforcement Directorate to prosecute former Delhi chief minister and AAP national convenor Arvind Kejriwal in the excise policy linked money laundering case, officials said. The federal agency has filed a chargesheet against the 56-year-old politician before a special Prevention of Money

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News   -   Jan 15, 2025 Armed Forces' Welfare a Govt Priority, says PM Modi
Armed Forces' Welfare a Govt Priority, says PM Modi

Prime Minister Narendra Modi on Wednesday lauded the Indian Army for its determination, professionalism and dedication, and underlined his government's commitment to the welfare of armed forces and their families. In posts on X on Army Day, he said, "Today, on Army Day, we salute the unwavering

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