Thursday, February 29, 2024


indian economy

Budget 2024: FM Nirmala Sitharaman highlights the steps taken by government in 10 years to transform Indian economy

"Indian economy witnessed profound positive transformation in the last 10 years," said Sitharaman, while presenting Budget 2024 in the Parliament

JP Morgan includes India in its global bond index, ‘FAR’ programme of the Modi govt facilitated the inclusion

Following the announcement of JP Morgan, it is now expected that India will be included in the global bond index of other banks as well.

Indian Economy to grow at 8.3% in the first quarter and 6.7% in FY24: What the SBI research says

SBI’s Chief Economic Advisor, Ghosh added that the first quarter of 2023-24 saw a huge increase in capital expenditure both by the centre (63%) and the states (41%).

Banking sector improved in past 9 years under Modi govt: SBI research finds tripling in net profit, 2x increase in credit and deposit growth

The net profit of banks increased from ₹809 trillion to 2,480 trillion between Financial Year 2013-2014 and Financial Year 2022-2023.

‘Clearing your mess’, says FM Nirmala Sitharaman to Opposition over reforms and recovery in the banking sector

“We realised that the banking sector needs to be healthy and therefore we took a lot of measures. Banks are able to work without political interference, they are working with professional integrity. 'Banks mein failaya hua aapka raita hum saaf kar rahe hai’,” Minister Sitharaman said. 

UPI payments at Eiffel Tower, India’s economic success story and democratic principles: Key takeaways from PM Modi’s address to the Indian diaspora in France

PM Modi said, "I came out of my home with a resolve. Every part of me and every moment of time is dedicated to my countrymen."

Indian Economy is set to surpass 7% growth rate in the fiscal year 2023: Manufacturing to be the key driver. Read details of the...

The Indian economy is on track to surpass 7 per cent growth rate in Fiscal Year 2023 with manufacturing being the key driver, according to a report released by the State Bank of India. 

The Economist praises the Modi govt for reviving the banking sector, and exposes how the UPA-era policy of hiding losses proved disastrous

The Economist noted that the bankruptcy reforms introduced by the Narendra Modi government in 2016 helped in the rapid liquidation of failing companies and also forced 'delinquent businesses to pay up.'

Business is booming in India: GST revenue for April reaches all-time high of Rs 1.87 lakh crore, Maharashtra continues to lead among states

This is the first time that the gross GST revenue collection has crossed the mark of Rs 1.75 lakh crores. The GST revenue collection for March 2023 was Rs 1,60,122 lakh crores.

Men’s chaddi crisis strikes again: ET draws inspiration from Shekhar Gupta’s ThePrint to cry economic slowdown

Alan Greenspan has been tracking underwear sales since over four decades now and linking them to economic crisis around the world.

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