India targets strong growth in 2025 amid inflation challenges and global headwinds
NEW DELHI : India will need to navigate geopolitical challenges, control domestic inflation, and encourage greater private sector investment as it strives to sustain its position as the world’s fastest-growing major economy in 2025,
Prospects for Indian Economy improving : RBI Governor
MUMBAI : Amidst an uncertain global macroeconomic and financial environment, the Indian economy is exhibiting resilience and stability with the Gross Domestic Product (GDP) projected to grow at 6.6 per cent in 2024-25. The
3rd India-UK Financial Markets Dialogue: Joint Statement
GANDHINAGAR : The 3rd India – UK Financial Markets Dialogue (FMD) took place on 12th December 2024 at GIFT City in Gujarat, India. The Dialogue was led by senior officials from the Indian Ministry of Finance
Revenue Secretary Sanjay Malhotra appointed as New RBI Governor
MUMBAI : Revenue Secretary Sanjay Malhotra has been appointed as Governor of the Reserve Bank of India (RBI). He will take charge from Wednesday for three years, the government said in a statement. Mr
RBI proposes no Foreclosure Penalty on MSMEs loans
NEW DELHI : Micro and Small Enterprises (MSEs) will now be able to prepay loans without paying foreclosure penalty. Banks and NBFCs are not permitted to levy foreclosure charges or prepayment penalties on any floating rate term
RBI Governor projects 7.2% GDP growth for FY25 despite weak Q1 performance
. NEW DELHI : Shri Shaktikanta Das, The Reserve Bank of India Governor said on Thursday that even though the gross domestic product (GDP) growth for the first quarter of the financial year 2024-25
World Bank follows IMF. Revises India’s FY25 GDP growth forecast to 7%
NEW DELHI : The World Bank has raised its growth forecast for India’s economy to 7 per cent for the current financial year (FY25), up from an earlier projection of 6.6 per cent, according to a
Govt invites proposals to set up E-Commerce hubs
NEW DELHI : The government on Friday invited proposals from companies to set up E-commerce Export Hubs (ECEH) in the country that will be first launched on a pilot basis. The companies have been