Interest rates on small savings schemes, while set by the government, are linked to market yields on government securities at a spread of 0-100 basis points over the yield of these securities of similar maturity.
The revised model articles of associations/bye-laws for EPCs and Federation of Indian Export Organisations (FIEO) are required to be adopted by these bodies and conduct elections of their office-bearers.
The RBI wants NBFCs to diversify their sources of funds further away from banks. The hike in risk weights on bank loans to NBFCs announced in November should encourage better pricing of risks by banks
Much before it sent Congress reeling earlier this month with three wins in the Hindi heartland, BJP and PM Modi were hard at work packaging a platter for serving out to voters with ingredients ranging from India’s global standing to Hindutva signalling why the Modi government deserves another chance in 2024. The INDIA alliance looks woefully ill-prepared to convince voters that they have a better alternative to offer
The combined average daily turnover for NSE and BSE reached an all-time high of Rs 1.17 lakh crore in December so far, up 48.06 percent from the previous month.
After Bharat Dal and Atta succeeded in keeping the prices of these food items from running away, the government is now reportedly mulling the launch of Bharat Rice
The ongoing geopolitical situation is squeezing budgets while all customers are not ready for AI products that IT services firms are building, he says.
The Food Corporation of India (FCI) offers quality rice at a reserve price of Rs 29 per kg under the OMSS.
India, emerging as the third and "eventually the largest economic superpower", is anticipated to have a GDP "90 percent larger than China’s and 30 percent larger than that of the US" by 2100, CEBR stated in its report.
"The main partners in the current situation are China, whose share has grown to approximately 45-50 percent, and, of course, India," the Russian Deputy Prime Minister said.
In this edition of Moneycontrol Pro Panorama: High food inflation can play spoilsport, services pull up current account in latest quarter, decline in bond yields an opportunity for investors, 2023 a mega year for SME IPOs, and more
The announced MSP of copra for the 2024 season is in line with the principle of fixing MSP at a level of at least 1.5 times the all-India weighted average cost of production as announced in the Budget 2018-19
According to the numbers collated by Venture Intelligence that tracks private capital and debt flows, and industry body IVCA, investments by private equity and venture capital funds as of December 20, 2023, fell to a low of USD 27.9 billion across 697 transactions, as against USD 47.62 billion inflows in 2022 across 1,364 deals.
Microsoft, Google and Amazon crowd out traditional Silicon Valley investors in blockbuster deals with AI start-ups in 2023
At present, exports of most of the fruits from India are happening by air route because of lower volumes and different ripening periods.
During the first six months of the current financial year, public sector banks earned about Rs 68,500 crore and the trajectory is likely to continue unchanged in the second half as well.
The RBI MPC admitted that inflation remains highly vulnerable to food price hikes. Food inflation in November was as high as 8.7 percent which is close to the higher end of the tolerance range of 6 percent
The Indian current account deficit for July- September 2023-24 fell to $ 8.3 billion as compared to a deficit of $ 30.9 billion in the same period last year and $ 9.2 billion in the previous quarter
The growth in the services surplus has ensured that the current account deficit remains low.
China, the second largest market at $10.57 trillion, saw an 8.81% fall in 2023, as the Chinese economy struggled with a property crunch and a slow recovery from Covid-19
For the first half of 2023-24, India's current account deficit more than halved to $17.5 bn from $48.8 bn in April-September 2022, Reserve Bank of India data showed.
The involvement of money does not change the nature of the game. If one plays chess with money, chess does not become gambling, but remains a game of skill. This is the argument gaming firms will present in courts, said a source
The state has targeted to become a USD 1 trillion economy by 2030 and has been showcasing itself as the "gateway to endless opportunities".
The commerce and industry ministry on Tuesday said that since its launch, 'Make in India' has made "significant" achievements and is now focusing on 27 sectors under 'Make in India 2.0'.
In this edition of Moneycontrol Pro Panorama: Elections in Taiwan and the US crucial to China, limited monetary easing to open up in 2024, equity ownership up to record levels, and more