Small savings rates may see a cut going forward: Sources
While loans are set to become cheaper for customers with the Reserve Bank of India (RBI) opting to cut the repo rate by 25 basis points, deposit rates including those…
‘If your salary has not increased by 10%…’: Finfluencer discloses these salary hike facts
Ahead of Budget 2025, there has been growing anticipation regarding potential reforms in the income tax structure, notably the discussion surrounding the introduction of inflation-adjusted basic exemption by tweaking the…
India to become $30 trillion-economy by 2047: Dharmendra Pradhan
Union Minister for Education Dharmendra Pradhan. File | Photo Credit: PTI Union Education Minister Dharmendra Pradhan has asserted that India will become a $30 trillion-economy by 2047.Delivering a lecture at…
Indian economy well placed to handle any kind of spillovers from global events: RBI Guv
Kochi: Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said that the Indian economy and financial sector are well placed to handle any kind of spillovers from global…
A cracker of a start to Samvat 2081: Indices climb nearly half a percent in Muhurat Trading Session
Mumbai : Samvat 2081 kicked off on a firm note as the country’s stock benchmarks gained nearly half a percent in Friday’s 60-minute Muhurat trading session, marking the start of…
Is it a temporary cyclical slowdown or is something serious ailing Indian economy? Neelkanth Mishra answers
Neelkanth Mishra, Chief Economist, Axis Bank & Head of Global Research and Whole Time Director, Axis Capital, says the worst of the growth should be behind us in the sense…
Why is India’s GDP growth so high but bank credit & consumption are slack? Asks Swaminathan Aiyar
Swaminathan Aiyar, Consulting Editor, ET Now, says strong GDP growth is associated with a fast rise in credit. After all, growth has to be financed. Some would say it is…
India scraps export tax on parboiled rice to boost exports
Representational image of rice grains being winnowed at a paddy field in Kerala. India has revoked the export duty on parboiled rice | Photo Credit: K.K. Mustafah The Union Government…
NFOs for you: HDFC Nifty LargeMidcap 250 Index Fund, LIC MF Manufacturing Fund, WhiteOak Capital Digital Bharat Fund in focus
New fund offers are gaining popularity just like the equity mutual funds. In August 2024, the mutual fund industry saw new fund offer (NFO) inflows totaling Rs 13,815 crore, spread…
Indians see uncertainty ahead despite strong growth: Survey
Despite robust macro-economic growth, India grapples with micro unpredictability due to technology among others, a survey by Aditya Birla Sun Life Insurance Company Limited.Based on the responses gathered from 7,978…