New Delhi, July 4 (IBNS): A day ahead of the Union Budget, Finance Minister Nirmala Sitharaman on Thursday tabled the Economic Survey which has given a call for a sustained 8% growth rate for India to become a USD 5 Trillion Economy by 2024-25. The government forecast the real GDP growth for the year to 7% percent this year, while being wary of checking the fiscal deficit.
INVESTMENTS: Budget 2019 - Foundation stone for New India !!!
Budget 2019 is eagerly awaited because this will be the first budget after Govt. assumed office after the historic elections. Being Nirmala Sitharaman’s first one, it will be a tricky and delicate one at the same time because the Government would like to lay path for next 5 years and can afford to take some harsh decisions due to stable majority. The Budget could kick start the sluggish Economy and direction-less Capital Markets. Possible area of concentration could be Infrastructure, Agriculture, Water, Health, Auto Sector & sick PSUs to name a few. Discipline in fiscal and Monetary front could dictate the future policy decisions. Anyway, we will come to know everything on 5th July, 2019. So, let’s focus on making Money.
Indian Market: Sensex recovers by 311.98 pts
Mumbai, Jun 25 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Tuesday rose by 311.98 points to settle at 39,601.63 as buying is seen Across the board.
India increases tariffs on 28 US products on Sunday
New Delhi, June 16 (UNI) Higher duties on 28 American products, including almonds, apples and walnuts, came into force on Sunday as a retaliatory measure to the Trump administration's refusal to exempt India from higher steel and aluminum tariffs.
India's digital payments projected to more than double to USD 135 billion in 4 years: Study
Kolkata, Jun 16 (UNI) Turbo-charging expansion in the financial technology (FinTech), India's digital payments transaction value is projected to more than double to USD 135.2 billion in 2023 from USD 64.8 billion this year, according to an ASSOCHAM-PWC India study.
India, France ink pact on railway modernisation
New Delhi, June 10 (UNI): India and France on Monday signed an agreement to support India’s modernisation of railways stations.
-1559140196.jpg "India's airline traffic declines by 0.5 pc: IATA")
India's airline traffic declines by 0.5 pc: IATA
Seoul, May 29 (UNI): India’s airlines’ traffic came down by 0.5 per cent year-over-year, due to shut down of the saddled airline Jet Airways.
Fuel prices remain unchanged on Wednesday
New Delhi, May 22 (UNI) Fuel prices remain unchanged on Wednesday.
Shell opens its first lubricants laboratory in India
Kolkata / Bengalore, May 21 (IBNS): Shell India inaugurated its new lubricants laboratory at its Technology Centre in Bengaluru, further expanding the company’s R&D efforts both for India and internationally.
Mumbai, May 9 (UNI): The benchmark index of Bombay Stock Exchange remained negative for the seventh straight session on Thursday as it dropped by 106.91 points at 37,682.22 as heavy selling was seen in Materials, Energy, Industrials, Auto and Capital Goods stocks.
-1556730509.jpg "14th Sino-India border trade through Nathula Pass kicks off")
14th Sino-India border trade through Nathula Pass kicks off
Gangtok,May 1 (UNI): The annual Sino-Indian border trade today commenced with the opening of the Nathula Gate with Chinese and Indian officials exchanging ceremonious scarves (Khadas) at the border.
Indian retail inflation up by 2.86 pc in March 2019
New Delhi, Apr 12 (UNI) India’s retail inflation grew to 2.86 per cent in March this year owing to marginal rise in prices of fuel products and food items, the Government announced on Friday.
India remains top recipient of remittances with $79 billion in 2018: World Bank
New Delhi, Apr 10 (IBNS): India has retained its position as the world's top recipient of remittances, a World Bank report has said.
India's GDP to grow at 7.2pc in 2019, says ADB
New Delhi, Apr 3 (UNI) The Asian Development Bank (ADB) on Wednesday projected India’s GDP to grow at 7.2 per cent in 2019 and 7.3 per cent in 2020 due to stronger consumption, lower policy interest rates and income support to farmers.
Indian market: Fuel prices remain stable
New Delhi, Mar 27 (UNI) No change in fuel prices registered on Wednesday.