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The RBI said that it has been exploring the pros and cons of the introduction of CBDC in India and the appropriate design elements of CBDCs that could be implemented… [...]
While income for the year increased by 20.14 per cent, expenditure rose by 280.13 per cent, RBI said in its annual report 2021-22 released on Friday. The year 2021-22 ended… [...]
Karnataka is at the forefront in attracting investments and the WEF Meet has proved to be a "success", he said, as he asserted that the State has "not lost or… [...]
In the nine-month period between June 2020 and March 2021, RBI had bought 33.9 tonnes of gold. The value of RBI's gold holdings rose as much as 30% to Rs… [...]
Unspent balances from QEP-2 and QEP-3 may be utilised in QEP-3 and QEP-4 respectively only after formal and prior approval of the Expenditure Secretary has been obtained, the Budget Division… [...]
ASI, the principal source of industrial statistics in India, is the most comprehensive data on organised manufacturing. It covers all factories employing 10 or more workers using power and those… [...]
The state government has succeeded in wooing the investors in a big way under the leadership of Bommai with able cooperation from Industries Minister Murugesh Nirani and IT, BT Minister… [...]
India's retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high, posing a major headache for Prime Minister Narendra Modi's government… [...]
Higher collections from GST as well as personal income taxes will be neutralized by additional spending on food and fertilizer subsidies that the government is giving to the poor and… [...]
The transfer amount was finalised at the central bank board meeting which approved the annual report for last fiscal, RBI said in a release. [...]
"India is rapidly emerging as a preferred country for foreign investments in the manufacturing sector," the ministry said. "India has recorded highest ever annual FDI inflow of USD 83.57 billion… [...]
One such attempt by the Income tax (I-T) department to lift the 'corporate veil' was struck down this week by a court which ruled that the tricky subject of 'beneficial… [...]
The company has now approached the high court for state of Telangana at Hyderabad challenging the applicability of the section for some transactions undertaken by it in 2018 and 2019.… [...]
In a surprise move, the Reserve Bank of India (RBI) had earlier this month raised the repo rate by 0.4 percentage point to 4.4% to tame runaway inflation that hit… [...]
Over two-fifth of the 1,200 global business leaders surveyed in the US, UK, Japan and Singapore plan to make additional or first-time investments in India, consulting firm Deloitte had said… [...]
Market News
Total income in the quarter dropped to Rs 183.92 crore from Rs 295.46 crore in the year-ago period.or the full fiscal 2021-22, the company reported a consolidated net loss of… [...]
Considering the global macros, a strong positive catalyst may be needed to put a pause to this correction phase. Although current valuations do provide a good point to start building… [...]
Malkiel is the Chemical Bank Chairman’s Professor of Economics, Emeritus, and Senior Economist at Princeton University. He is also Wealthfront's Chief Investment Officer.He is the author of the widely appreciated… [...]
Margin for the quarter came in at 11.4 per cent against 14.7 per cent in the year-ago quarter and against ET NOW poll estimate of 11.7 per cent. [...]
Pain in the broader market was visible clearly in the advance-decline ratio of the BSE500 index where 341 of the 501 index stocks settled lower for the week. At least… [...]
But stocks rose 6.6% this week, the first weekly gain in two months. It is certainly conceivable, although I think unlikely, that the worst of the damage is over and… [...]
Consolidated revenues of the drug firm, however, rose to Rs 3,019 crore in the quarter under review as compared to Rs 2,860 crore in the year-ago period, recording an increase… [...]
The market has now discounted a lot of the negative news, a lot (of which) hit all at once," said Keith Buchanan, portfolio manager at GLOBALT in Atlanta. "Now we… [...]
Softer economic growth raises risks of weaker corporate profits, in theory paving the way for softer share prices. Several Wall Street banks have in recent weeks warned that the chances… [...]
Emkay Global sees standalone profit for M&M rising 17.5 per cent YoY to Rs 1,178.10 crore from Rs 1,002 crore in the year-ago quarter. It sees sales rising 29.5 per… [...]
Our focus continues towards increasing insurance coverage for families across India. We are seeing a steady shift in business mix towards smaller towns and cities; currently 59% of our insurance… [...]
The issue was subscribed 1.75 times with the qualified institutional buyers' category getting subscribed 3 times and retail category subscribed 1.4 times. The non-institutional investors' portion was subscribed 0.8 times. [...]
Siemens AG, promoter of the company, intends to purchase the LDA Business of Siemens, India. This proposal is based on the plan to carve out Siemens LDA business globally into… [...]