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May 31, 2024 10:11 PM

India’s GDP grows 8.2% in FY24 against 7% in FY23

India's real GDP is estimated to grow by 8.2 percent in the Financial Year 2023-24 as compared to the growth rate of 7 percent registered in Financial Year 2022-23. According to the Ministry of Statistics and Programme Implementation, real GDP or GDP at constant prices is estimated to attain a level...

May 31, 2024 7:29 PM

RBI brings back 100 tonnes of Gold from Vault of UK to India

The Reserve bank of India brings back 100 tonnes of Gold from the Vault of UK to India. This is a major shift in the Economic Policy of the RBI, as it will now hold most of its Gold in its own vault.   These changes have significant implications for India’s economic sovereignty and global marke...

May 31, 2024 4:25 PM

Sensex adds 75 points, Nifty settles at 22,531

The Domestic Benchmark indices, Sensex and Nifty snapped its five days fall and ended in green on Friday amid mixed Global cues.     The BSE Sensex added 75 points, or 0.1 percent, to close at 73,961. The NSE Nifty was up 42 points, or 0.19 percent, to 22,531 at the closing bell. In the Glob...

May 30, 2024 9:32 PM

RBI projects 7% Real GDP growth in current financial year

The Reserve Bank of India (RBI) has projected a 7 percent GDP growth in the current financial year.  In its annual report, it said the real GDP growth for 2024-25 is projected to grow at 7 per cent with risks evenly balanced. The central bank said the Indian economy expanded at a robust pace in fis...

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