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The unemployment rate among those aged 15 to 29 years increased to 17% in India’s urban areas in the first quarter of 2024
The dividend, transferred in 2024-25, is sharply higher than what the government had expected. It will reflect in the government’s account for FY25.
Two bureaucrats build a strong case for lower import duties which will help enhance India’s participation in GVC exports
BJP candidate from Puri Lok Sabha seat, Sambit Patra apologised for his 'Mahaprabhu is devotee of PM Modi' remarks following backlash. AAP's Sanjay Singh says that Lord Jagannath will give a befitting reply to their arrogance by removing BJP from the Centre
Finance Minister Nirmala Sitharaman said that tax devolutions to Bihar has increased 3.5 times in 10 years under Prime Minister Narendra Modi's leadership.
Water levels declined by about 20 percent for the second consecutive week in May
The company plans to spend Rs 20,000 crore on capex in FY25, funded mainly by cash generation. It does not plan to raise funds via equity issue, like group company JSW Energy.
The Indian government has allocated a budget of Rs 10,400 crore for AI development under its flagship AI Mission Programme. At the AI Alliance NCR event, S Krishnan, the Secretary at the Ministry of Electronics & Information Technology, discusses the mission's vision. He also engages in a fireside chat with Moneycontrol's Chandra R Srikanth and Aihik Sur, highlighting India's initiatives in AI policy, chip manufacturing, and AI use cases.
Here’s a detailed overview of the Dow Jones Industrial Average (DJIA) and the different times that it hit milestones of 10,000, 20,000, and 30,000 levels and what are the factors that propelled it to touch 40,000 levels.
Sanjeev Sanyal emphasised that there is no need to mess around with the financial system trying to support growth
Indices on Wall street notched up to record closing highs after a smaller-than-expected rise in consumer inflation bolstered hopes for interest rate cuts by the Federal Reserve. Tepid U.S. Consumer Price Index data for April led traders to raise bets that the Fed will cut its policy rate in September and December
Excessive reliance on coal is making India a big power sector emitter even as it makes progress in RE production
The month over month change in WPI index in April stood at 0.79 percent as compared to March.
There is no hurry to ease monetary policy when the economy is booming
Food inflation rose 8.7 percent in April, compared with a 8.52 percent rise in the previous month
The issues being negotiated by these committees include national treatment and market access, rules of origin, standards, technical regulations, conformity assessment procedures and legal and institutional
Reacting to the stock market's negative response to the company's performance in Q4FY24, Raman said that investors should look at profitability in a holistic manner and not focus only on a particular parameter.
The company plans to invest nearly Rs 20,000 crore in FY25, of which half will be on renewable energy, with the rest divided between generation and pump hydro.
India’s spending plans for April-June have not been impacted due to the ongoing elections, the source said, without giving details.
The bank's nine-member Monetary Policy Committee voted 7-2 to keep rates unchanged, with the 2 dissenters backing a quarter-point reduction.
Chief Economic Advisor V Anantha Nageswaran attributed the decline to a shift in portfolio where savings were being channelised to real assets.
The momentum in services exports is encouraging, but outbound goods shipments are equally important for India’s economy, which has a large low-skilled labour force
Karnataka is one of India’s most prosperous and industrialised states, here’s a snapshot of its economy. Home to Fortune 500 companies with Bengaluru emerging as a tech capital of the world, the state’s high growth is uneven. With some districts reporting low per capita income.
There is no immediate escape from coal for India and many other countries, both developing and developed
The central bank said lenders should monitor the build-up of stress in projects on an ongoing basis and initiate resolution plans well in advance.
