Thursday, October 3rd, 2024

Category: Business & Economy

Get insights into the Indian Business & Economy, stock market updates, business trends, and corporate news.

Indian economy has now moved from the 'fragile five' of 2014 to the 'brilliant five' category: Defence Minister Rajnath Singh

Defence Minister Rajnath Singh on Friday said that the Indian economy has improved to a 'fragile five' status from the 'fragile five' before 2014. The minister also said that the Indian economy is now...

Pradhan Mantri Jan Dhan Yojana completes ten years with Rs 2.31 lakh crore deposits and over 53 crore accounts

A decade after its launch, the Pradhan Mantri Jan Dhan Yojana (PMJDY) has achieved the milestone of a total of 53.13 crore PMJDY accounts, out of which 55.6 per cent (29.56 crore) Jan Dhan...

India's digital public infrastructure experience provides effective strategies for other central banks: RBI Governor Das

Citing the success of Digital Public Infrastructure (DPI), Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said India's experience has provided an effective digitisation strategy for other central banks. Speaking on the...

RBI's focus will remain on disinflation, food inflation to remain stable: RBI MPC minutes

At the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) held from August 6 to 8, RBI Governor Shaktikanta Das highlighted the delicate balancing problem faced by the central bank....

India's manufacturing and service sector performance reflected in the Purchasing Managers' Index

India’s manufacturing sector has shown resilience and growth in the first four months of FY25, with several key indicators highlighting its strong performance, the finance ministry’s July Monthly Economic Review said. The Purchasing Managers'...

Dabur to invest Rs 400 crore to set up manufacturing plant in Tamil Nadu

Leading consumer goods company Dabur is set to invest Rs 400 crore in Tamil Nadu, which will be its first manufacturing venture in South India. The company on Thursday signed a memorandum of understanding...

Piyush Goyal invites Malaysian companies to invest in India's oil, gas and electronics sectors

Union Commerce and Industry Minister Piyush Goyal stressed the importance of strengthening business cooperation between India and Malaysia during the 'India-Malaysia CEO Forum Meeting' held in New Delhi. Addressing the gathering on Monday, Union...

Exports of electronic goods rose 37 per cent in July 24; exports of dairy and poultry products rose 56 per cent (y-o-y)

India's electronic goods exports grew 37.31 per cent year-on-year to USD 2.8 billion in July from USD 2.04 billion in July 2023, according to data from the Ministry of Commerce and Industry. This growth...

India's July exports rise 2.8% to $62.4 billion, trade deficit widens to $9.6 billion

India's total exports, goods and services, stood at $62.42 billion in July, up 2.81 per cent from $60.71 billion in the same month last year, according to data released by the Commerce Ministry on...

Piyush Goyal said “the circle has come full circle” as Bharti Enterprises picked up stake in BT Group

Union Commerce Minister Piyush Goyal said hours after Bharti Global acquired 24.5 per cent stake in Britain's BT Group from Altice UK that the circle is now full. British Telecom acquired a 21 percent...