New Delhi: Countries that are switching to currency conversions and swap agreements in Chinese yuan for apparent short-term relief on interest rates are headed for trouble in long-term, as they…
Category: Economy
GST Rate Revision Has Resulted In 5% Rise In Revenue For States: Minister
New Delhi: The revision in GST rates that kicked in from September 22, as part of the economic reforms of the government, have resulted in a 5 per cent growth…
Markets End Lower On Weak Global Cues; Sensex Slips 533 Points
Mumbai: Indian equity benchmark indices ended lower on Tuesday as weak global cues and selling pressure in metal, realty and financial stocks weighed on market sentiment. At the close of…
Rupee Depreciation Influenced By Multiple Factors, Including US Trade Pact Developments: Minister
New Delhi: The depreciation of the Indian rupee during the current financial year 2025-26 has been influenced by the increase in trade deficit and likely prospects arising from the ongoing…
India’s GDP Growth Expected To Accelerate To 7.5% In FY27: Report
Mumbai: India’s economic growth is expected to pick up pace and remain strong in the coming years, with GDP likely to expand at 7.5 per cent in FY27, even as…
India Leads AI‑Forward Payroll Market Innovation Globally: Report
New Delhi: India is emerging as one of the most AI‑forward markets in payroll transformation, with 35 per cent of businesses identifying artificial intelligence adoption as the primary enabler of…
PM Surya Ghar Scheme Delivers Zero Electricity Bills To Over 7.7 Lakh Households
New Delhi: The PM Surya Ghar Muft Bijli Yojana is steadily transforming India’s residential power landscape, with more than 7.7 lakh households already reporting zero electricity bills after installing rooftop…
India Inflation To Remain Benign In FY27, Another Rate Cut Only If Growth Requires It: Report
New Delhi: Well stocked granaries, low oil prices and longer-lasting drivers of core disinflation are likely to keep India inflation benign in FY27 as well, according to a new report. …
HDFC Bank Gets 1 Year RBI Approval For Up To 9.5% Stake In IndusInd Bank
New Delhi: HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to collectively hold up to a 9.50 per cent stake in…
With $600 Billion Net Worth, Elon Musk On Way To Becoming World’s First Trillionaire
New Delhi: Tesla and SpaceX CEO Elon Musk has taken another step towards becoming the world’s first trillionaire, according to reports. With his company SpaceX reportedly launching a tender offer,…