RBI rate cut unlikely as India’s growth rate exceeds potential output: SBI report

Ronit Kawale

October 3, 2024

With strong economic growth in India, the Reserve Bank of India (RBI) is unlikely to announce any rate cuts in ... <a title="RBI rate cut unlikely as India’s growth rate exceeds potential output:...

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India to become trillion digital economy by 2028, enabled by Internet, 4G, 5G and digitization

Business

India to become $1 trillion digital economy by 2028, enabled by Internet, 4G, 5G and digitization

Ronit Kawale

October 2, 2024

With the government’s digital initiatives, India’s financial ecosystem has undergone a paradigm shift over the years. A recent report by ... <a title="India to become $1 trillion digital economy by 2028, enabled by...

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Business

Sitharaman urges joint roadmap with Uzbekistan to achieve USD 3 billion trade target

Ronit Kawale

September 28, 2024

Union Finance Minister Nirmala Sitharaman stressed the vast trade opportunities between India and Uzbekistan during her address at the Uzbekistan-India ... <a title="Sitharaman urges joint roadmap with Uzbekistan to achieve USD 3 billion...

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Business

India’s foreign exchange reserves reach new record high of US$ 692.3 billion

Ronit Kawale

September 27, 2024

India’s foreign exchange reserves rose by US$2.838 billion to a new high of US$692.296 billion in the week ended September ... <a title="India’s foreign exchange reserves reach new record high of US$ 692.3...

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Business

India overtook Japan to become the third largest power in Asia

Ronit Kawale

September 25, 2024

According to an official statement released by the Ministry of Information and Broadcasting on Wednesday, India has become the third ... <a title="India overtook Japan to become the third largest power in Asia"...

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Business

Sensex and Nifty hit all-time highs amid global optimism; Sensex crosses 85,000 mark

Ronit Kawale

September 24, 2024

The stock market opened flat on Tuesday, but due to global optimism the Sensex soon crossed the 85,000 mark to ... <a title="Sensex and Nifty hit all-time highs amid global optimism; Sensex crosses...

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Business

Pakistan’s financial mismanagement continues, per capita debt worryingly high

Ronit Kawale

September 21, 2024

The average debt of every Pakistani citizen has become very high. It is worth mentioning that the current financial situation ... <a title="Pakistan’s financial mismanagement continues, per capita debt worryingly high" class="read-more button"...

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Business

Value of UPI transactions grew from Rs 1 lakh crore in FY17-18 to Rs 200 lakh crore in FY23-24 at a CAGR of 138 percent

Ronit Kawale

September 21, 2024

According to the Union Finance Ministry, the value of digital payments has grown to Rs 1,669 lakh crore in the ... <a title="Value of UPI transactions grew from Rs 1 lakh crore in...

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Business

Finance Minister Sitharaman urges officials to meet FY2024-25 capital expenditure targets on time

Ronit Kawale

September 21, 2024

Union Finance Minister Nirmala Sitharaman has urged the Ministry of Housing and Urban Affairs (MoHUA) to ensure that the capital ... <a title="Finance Minister Sitharaman urges officials to meet FY2024-25 capital expenditure targets...

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Business

India’s total coal production reached 384.07 MT, witnessed a growth of 6.36%

Ronit Kawale

September 11, 2024

India produced a total of 384.07 million tonnes (MT) of coal between April and August 2024, up 6.36 per cent ... <a title="India’s total coal production reached 384.07 MT, witnessed a growth of...

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Category: Business