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Consumption in rural areas is growing faster than urban areas, thus narrowing the disparities between the two segments

India’s poverty level falls below 5%: NITI Aayog CEO

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Latest NSSO consumer survey indicates poverty down to 5%: NITI Aayog CEO BVR Subrahmanyam The latest household consumer expenditure survey indicates that India's poverty level...
Indian economy continues to sustain the momentum achieved in the first half of 2023-24

RBI bulletin pegs India’s GDP growth in Q4 at 7%, corporate investments likely to...

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A stable and low inflation at 4% provides the bedrock for sustaining economic growth, according to RBI bulletin Ihe RBI’s monthly bulletin released on Tuesday...
Annual procurement, hike every year could have huge ramifications for the exchequer, economists say

MSP for all crops: Impact will be multi-pronged, says CRISIL Market Intelligence and Analytics

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Guaranteeing MSP across crops will lead to the percolation of the benefit across the country It will be a multi-pronged impact if the government decides...
India was among the 'fragile five' economies, but now is among the 'top five' economies, making the third highest contribution to global growth every year

Indian economy’s transformation from ‘fragile five’ to ‘top five’: White Paper

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White Paper: Progress achieved in the 10 yrs of the Modi govt has overcome the malaise and paralysis of the previous 10 yrs of...
Interim budget may have some significant indications of what is likely to come in the full Budget and beyond

Sensex surges 200 points before interim Budget

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Sensex trading at 72,025.83 points up by 273.72 points Markets are in the green before the Interim Budget 2024 with the Sensex up more than...
The Fed confirmed in a statement that it was holding its benchmark lending rate steady at its 23-year high, between 5.25 and 5.50 percent

US Federal Reserve Bank keeps interest rate unchanged for fourth time in a row

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Powell-led FOMC keeps key rates unchanged at 5-1/4 to 5-1/2 percent for 4th straight meeting The US Federal Reserve Bank has kept the interest rate...
Rupee has shown strength at the beginning of 2024, aided by positive participation in the capital markets and RBI interventions

Rupee edges up against US dollar for the seventh consecutive day

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Rupee gains 2 paise to 83.01 against US dollar On Thursday, the rupee edged up by 2 paise vis-a-vis the US dollar to close at...
The major challenge for the rally comes from the US market which is showing signs of weakness

Sensex down more than 500 points

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BSE Sensex was trading down 580 points at 71,444 points On Monday, the BSE Sensex was down more than 500 points in afternoon trade due...
India is the top performer among the major economies in the last few years

Indian economy outperforming peers; projected to grow at 6.2% in 2024: UN economist

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India’s growth expected to rise to 6.6% in 2025, says UN economist With a projected growth rate of 6.2 percent for 2024, the "Indian economy...
Rise in US rates was the factor that prevented any upside for gold or rather limited it for almost one year now despite high global inflation

Gold to move at a faster pace in 2024: Report

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Gold to hit fresh highs in 2024 The price of gold is expected to test levels from $2,060 to $2,090 per ounce, and on any...
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