Economists give a thumbs up to robust FY24 GDP ahead of poll results on June 4; maintain FY25 estimates at 6.5-7%
GST collection in May 2024 moderates to Rs 1.73 lakh crore, posts 10% YoY growth GST collections during the month of May 2024 came in at Rs 1.73 lakh crore, up 10 per cent on-year,… By Tanya KrishnaJune 1, 2024 19:31 IST
RBI’s mega Rs 2.1 trillion dividend payout due to drop in provision; Kotak says FY26 dividend to be high too Kotak Institutional Equities said that the Reserve Bank of India’s surplus transfer of Rs 2.1 trillion was aided by a… By Tanya KrishnaJune 1, 2024 19:09 IST
Why the repo rate might have outlived its utility as a policy anchor We need to ponder whether this obsession with the repo rate is warranted. This is not to diminish its stature… By GuestJune 1, 2024 17:20 IST
At robust 8.2%, FY24GDP beats estimates However, consumption remains subdued and capex cycle stays weak. By Priyansh VermaUpdated: June 1, 2024 16:52 IST
Forex reserves fall $2 billion Forex reserves had expanded $4.5 billion to an all-time high of $648.7 billion in the week ended May 17. By FE BureauUpdated: June 1, 2024 11:29 IST
FY24 fiscal deficit lower than RE at 5.6%; subsidies down sharply April deficit at 12.5% of FY25 target; high RBI dividend enhances fiscal headroom By Mukesh JagotaJune 1, 2024 06:00 IST
Core sector growth rises to 6.2% in April The core sector’s output fell 8.1%, at the steepest pace in 12 months By Priyansh VermaJune 1, 2024 05:10 IST
Oil imports from Russia hit new peak Shipments may slow in summer on lower Russian refinery runs By Arunima BharadwajJune 1, 2024 05:05 IST
Reservoir levels down 23% on year, amid heatwaves Barely a quarter of capacity filled; south dams being replenished with monsoon progress By Sandip DasJune 1, 2024 00:45 IST
GDP grows 7.8% in March quarter, 8.2% in FY24 The gross domestic product growth in the first three months of 2024, the fourth quarter of 2023/24 fiscal year, was… May 31, 2024 18:37 IST
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… By Sumana SarkarMay 31, 2024 15:07 IST
Monsoon arrives in Kerala: Economists give a thumbs up, say this will help boost rural demand A good monsoon bodes well for the Indian economy and a healthy, well-distributed rains will help lift agriculture incomes by… By Tanya KrishnaMay 31, 2024 14:56 IST
RBI moves 100 tonnes of gold from UK to its vaults in India, first since 1991 The Bank of England has traditionally served as a repository for a great deal of central banks, including India, with… By FE BusinessMay 31, 2024 12:43 IST
RBI MPC Meeting to begin next week: Check date, time and what to expect The six-member committee entrusted with the task of setting India’s benchmark interest rate, the repo rate, will commence the meeting… By Tanya KrishnaMay 31, 2024 12:07 IST
RBI to boost use of rupee overseas Looks to bolster GIFT City appeal By Sachin KumarMay 31, 2024 05:55 IST
Easing prices to boost rural consumption: RBI Geopolitics, weather still pose risk to inflation trajectory By FE BureauMay 31, 2024 05:35 IST
New govt needs to expedite tax reforms, boost receipts The Congress party says that if they come to power they will maintain “stable personal income tax rates” throughout their… By Priyansh VermaMay 31, 2024 05:25 IST
Monsoon arrives over Kerala & NE a day head of forecast IMD classifies ‘normal’ rainfall between 96% and 104% of benchmark – long period average (LPA). By Sandip DasMay 31, 2024 03:10 IST
Alarming heatwave conditions in north India as southern states witness heavy rain – Experts explain this weather phenomenon
Ransomware attacks on the rise! Nearly 2900 assaults by 85 telegram hacktivist groups between January-March
Air India compensates Delhi-San Francisco flight passengers with Rs 29,000 vouchers after 30-hour delay
Mumbai mega block update: Central Railway completes platform widening work after 36-hour special block
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