The report estimates first-quarter GDP growth at about 6.8–7 per cent, attributing the momentum to subdued private capital expenditure
Losing gaming category would create an advertising expenditure black hole of nearly Rs 2,000 crore for broadcasters and streaming platforms, said marketers
A Moneycontrol analysis shows that India’s engagement with the bloc, excluding Russia, has been a mixed bag since the pandemic. Overall trade with the region halved to $1.2 billion in 2024, compared with $2.1 billion in 2019
DIPAM said all necessary details relating to the divestment have been shared with the qualified bidders, and the technical document for the divestment is ready now.
For Moneycontrol Pro Panorama August 21 edition: Will Powell take a hawkish turn or not, the emergence of franchise VC funds, explaining the ban on online money gaming industry, a meaningful progress of Sino-India ties will depend on leaders, and more
The Centre’s proposal will now be placed before the GST Council during its next meeting, scheduled in September, which will be attended by ministers from Centre and all the states.
Businesses have to cope with existing stock and related issues when a new GST rate structure is enforced. It can lead to confusion and possible losses. However, anticipating potential downsides will help them sidestep liabilities
Monetary policymakers are on divergent paths, but face common threats
The Centre’s proposal, once approved by the GoM, will be placed before the GST Council during its next meeting, scheduled in September.
Manufacturing retained strong momentum, with the sector’s PMI estimated to climb to a near 18-year high of 59.8. The services activity rose to a record 65.6
With equity markets at heady valuations, risk appetite remaining higher and volatility being compressed, a hawkish Fed is likely to cause a major pullback in risk-taking
In this imaginary farewell address at Jackson Hole, Jerome Powell drops the euphemisms and delivers the blunt, uncomfortable truths the Fed—and the US—have long avoided
Whether the outlook for growth was benign or worrisome, tariffs ensured that all members were wary of taking action
The Centre’s proposal once approved by the GoMs will be placed before the GST Council, comprising ministers from Centre and all states, in its meeting next month
On the brighter side, infrastructure-linked sectors provided some support, as steel posted its fastest growth in 21 months, rising by 12.8 percent, while cement output expanded 11.7 percent to its highest in four months.
In 59 categories worth $1.3 billion, China accounts for virtually all of India’s imports. A further $5 billion worth of imports, including drug ingredients and display products such as LCDs, come almost exclusively from China, with a 90 percent-plus share
For Moneycontrol Pro Panorama August 20 edition: China talks aligns with India's push to diversify supply chains amidst a tough trade war with the US
The refiners had halted purchases in July due to narrowed discounts
The key is to retrofit, reuse and repurpose existing assets to align with new climate friendly resources
The southern states, with 3.56 billion transactions in July against a population of 276 million, posted the highest per person volume at 12.9. Eastern India, including populous states like Bihar and West Bengal, recorded only 3.9 transactions per person in July, while the northeast managed 5.5
The duty cut will give yarn mills a breather, but is insufficient to lower costs and make Indian textiles more competitive in the long term
Chinese foreign minister’s visit to India should set the tone for a possible Xi-Modi meeting at the end of this month
India’s ride-hailing sector faces regulatory uncertainty due to conflicting GST interpretations, disrupting innovation, funding, and compliance. A clear, consistent tax framework is essential to ensure fairness, transparency, and growth
Despite the IBC being in place for over nine years now, operational creditors (OCs) continue to feel sidelined, and reforms have done little to improve their position in recoveries.
Government estimates peg India's growth at 6.3%-6.8% for the financial year through March 31, broadly in line with last year's 6.5% growth and much below the 9.2% clocked in 2023-24.