Prime Minister Narendra Modi, while inaugurating the Uttar Pradesh Global Investors Summit 2023 in Lucknow on Friday, said that India is now carrying our reforms not out of compulsion, but…
Category: Economy
5.9 million tonnes of lithium reserves found in Jammu and Kashmir; first time in India
The government said on Thursday that 5.9 million tonnes of lithium reserves have been found in Jammu and Kashmir. This is for the first time that lithium has been found…
‘He’s just flailing around’: MoS IT Rajeev Chandrasekhar on Raghuram Rajan’s criticism of semiconductor PLI
Rajeev Chandrasekhar, Minister of State, Ministry of IT and Electronics told Business Today that former RBI Governor Raghuram Rajan’s criticism of semiconductor PLI is misplaced and that today semiconductors pose…
Delhi High Court grants bail to ex-NSE chairman Chitra Ramakrishna
Delhi High Court has granted bail to former National Stock Exchange (NSE) chairman Chitra Ramakrishna in connection with a money laundering scam, which is related to the case of illegal…
India’s fuel demand slips in January from nine-month peak
India’s fuel demand slipped in January after hitting a nine-month peak in December, hit by lower mobility due to cold weather in parts of the country and a slowdown in…
Why aren’t Indian markets enthused about FY24 GDP growth forecast of 6.4%-6.5%?
Reserve Bank of India Governor Shaktikanta Das on Wednesday announced India’s GDP growth forecast for 2023-24 at 6.4 per cent. The Economic Survey 2023, presented by Finance Minister Nirmala Sitharaman, projected a…
RBI to launch QR code-based coin vending machines
The Reserve Bank of India will launch a pilot project on QR code-based coin vending machine. The announcement was made by RBI Governor Shaktikanta Das during the Monetary Policy Committee…
RBI’s UPI push: G20 travellers can use UPI for payments at select airports
The Reserve Bank of India has said that it will allow all inbound travellers to use Unified Payments Interface (UPI) payments for their merchant payments while they are in the…
RBI Guv Shaktikanta Das projects CPI inflation at 5.3% for FY24
Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said that inflation is projected at 6.5 per cent for 2022-23, with Q4 at 5.7 per cent. On the assumption…
RBI MPC projects GDP growth for 2023-24 at 6.4%, says Gov Shaktikanta Das
Reserve Bank of India Governor Shaktikanta Das, in the Monetary Policy Committee meeting announcements on Wednesday, said that GDP is expected to grow at 6.4 per cent for 2023-24. Q1…