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July 23, 2024 7:51 AM

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Economic Survey paints optimistic picture of Indian economy, said AIAI

The All India Association of Industries has said, the Economic Survey paints an optimistic picture of the Indian economy by forecasting GDP growth of 6.5 -7 per cent for this year. The Association’s President, Dr. Vijay Kalantri said in a statement that the survey has rightly identified MSMEs as t...

July 22, 2024 10:13 PM

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RBI Deputy Governor M Rajeshwar Rao addresses the BFSI Summit in Mumbai

RBI Deputy Governor M Rajeshwar Rao emphasized the importance of banks taking customer complaints seriously and using them as feedback to enhance their processes and products. Speaking at the BFSI Summit in Mumbai today, Mr Rao pointed out that the RBI continues to observe instances of slow response...

July 22, 2024 8:45 PM

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Economic Survey: India’s fiscal deficit declines to 5.6% of GDP in 2023-2024

According to the  Economic Survey 2023-2024, against the global trend of widening fiscal deficit and increasing debt burden, India has remained on the course of fiscal consolidation. It says the fiscal deficit of the Union Government has been brought down from 6.4 per cent of GDP in Financial Year ...

July 22, 2024 6:45 PM

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Market Update: Sensex down 102 pts; Nifty settles at 24,509

The Indian benchmark indices ended lower for the second consecutive session amid selling in heavyweights. At close, the Sensex was down 102 points or 0.13 per cent at 80,502 and the Nifty was down 22 points or 0.09 percent at 24,509.   In the broader market at the BSE, the Mid-Cap index up by...

July 21, 2024 6:45 PM

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Gold prices rise for fourth week amid Fed rate cut expectations

Global gold prices rose for the fourth straight week on expectations that the Federal Reserve will cut interest rates in September. Gold gained nearly 1 percent this week to end at 2,446.80 ounce per dollar on Friday. Earlier, it hit an all-time high of 2,483.60 on Wednesday. However global Silver p...

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