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Household consumption still weak, but private sector capex shows revival
Business

Household consumption still weak, but private sector capex shows revival

Posted on: May 31, 2023

[ad_1] Capital investment in the country showed strong growth the March quarter of 2022-23 and also for the entire financial year, according to data from the National Statistical […]

Cabinet approves world’s largest food storage scheme, allocates Rs 1 trn
Business

Cabinet approves world’s largest food storage scheme, allocates Rs 1 trn

Posted on: May 31, 2023

[ad_1] ‘World’s largest grain storage’ scheme for food security soon: Report Cabinet approves National Medical Devices Policy 2023: Mansukh Mandaviya MPC lowers projection for inflation, raises growth outlook […]

Govt’s fiscal deficit narrows to 6.4% of GDP for FY23, meets target
Business

Govt’s fiscal deficit narrows to 6.4% of GDP for FY23, meets target

Posted on: May 31, 2023

[ad_1] Budget 2023-24: Centre to target higher capex but lower fiscal deficit Centre’s fiscal deficit for April-November period at 58.9% of FY23 target Fiscal deficit target for FY24 […]

GDP growth at 6.1% in Q4, 7.2% in full FY23; construction, agri surprise
Business

GDP growth at 6.1% in Q4, 7.2% in full FY23; construction, agri surprise

Posted on: May 31, 2023

[ad_1] RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8% RBI MPC: Here is what experts have to say about the policy […]

Latest LIVE NEWS Updates | May 31, 2023
Business

Latest LIVE NEWS Updates | May 31, 2023

Posted on: May 31, 2023

[ad_1] Catch live updates from across the globe here Photo credit: PI Industries website The index of eight core industries (ICI) measures combined and individual performance of […]

Why Nvidia is on a bull run on Wall Street despite slump in computer sales
Business

Why Nvidia is on a bull run on Wall Street despite slump in computer sales

Posted on: May 31, 2023

[ad_1] Nvidia, which is on a bull run in the US stock markets, recently became the first chipmaker to hit a $1 trillion valuation on Wall Street. […]

Vedanta Resources repays $1.4 bn bonds, says has cut debt to $6.4 bn
Business

Vedanta Resources repays $1.4 bn bonds, says has cut debt to $6.4 bn

Posted on: May 31, 2023

[ad_1] Anil Agarwal, (Photo: Bloomberg) Vedanta Resources, the parent of Vedanta group, on Wednesday repaid bonds worth $1.4 billion that were due in May and June to reduce […]

India of 2023 is different from what it was in 2013: Morgan Stanley
Business

India of 2023 is different from what it was in 2013: Morgan Stanley

Posted on: May 31, 2023

[ad_1] India has witnessed a significant transformation in several areas since 2014 and will emerge as a key driver for Asian and global growth, says a Morgan […]

Deloitte flags Adani Port transactions citing ‘insufficient disclosures’
Business

Deloitte flags Adani Port transactions citing ‘insufficient disclosures’

Posted on: May 31, 2023

[ad_1] Adani Ports ends FY23 with 9% growth, largest port cargo volume ever Adani Green Energy to seek board approval to raise up to $1 billion Israel’s former […]

Why is India likely to retain fastest-growing economy tag
Business

Why is India likely to retain fastest-growing economy tag

Posted on: May 31, 2023

[ad_1] India’s economy, in the latest January-March quarter (Q4 FY23), is expected to show a much-improved growth sequentially and year-on-year, driven by the manufacturing and services sectors and […]

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