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States may not borrow as much as they wanted. But that may not be a problem.

New Delhi, March 25 -- State development loans (SDL), or bonds issued by state governments to manage their revenue and fund their fiscal deficit, are unlikely to meet the target for FY24, much like la... Read More


State govts unlikely to meet FY24 SDL target

new delhi, March 25 -- State development loans (SDL), or bonds issued by state governments to manage their revenue and fund their fiscal deficit, are unlikely to meet the target for FY24, much like la... Read More


'Robust investment to boost growth in FY25'

India, March 23 -- Robust investment activity and strong private consumption demand will drive the Indian economy in FY25 amid sluggish global growth, the finance ministry on Friday said in its econom... Read More


Recovery in tourism, higher electronics exports to drive growth in India, South Asia: Moody's

New Delhi, March 22 -- A recovery in tourism and higher electronics exports will give India and other South Asian economies an additional lift from the pandemic-induced slowdown and its aftershocks, M... Read More


India's petroleum export earnings drop due to global slowdown

New Delhi, March 21 -- India's export earnings from petroleum shipments fell steeply during the first 11 months of fiscal year 2024 due to the global economic slowdown, a rise in domestic consumption,... Read More


Business activity in March grew at its fastest pace in eight months, HSBC survey shows

New Delhi, March 21 -- India's private-sector business activity will end the fiscal year on a high, expanding at its fastest rate in eight months amid a pick-up in growth and buoyant demand, according... Read More


Inflation to ease, FY24 GDP growth seen at 6.6%: Kotak Bank chief economist Upasna Bhardwaj

New Delhi, March 20 -- India's inflation is expected to moderate, yet concerns over food prices persist due to unpredictable monsoons, Upasna Bhardwaj, chief economist at Kotak Mahindra Bank, told Min... Read More


Investments in India led by real estate demand, not public capex: HSBC Global

New Delhi, March 20 -- Investment in India is being led more by private real estate demand, HSBC Global said in a report challenging the dominant narrative that public capital expenditure is driving t... Read More


States raise a record Rs.50,206 crore through auction of government securities

New Delhi, March 19 -- As many as 17 states tapped financial markets on Tuesday to raise a total of Rs.50,206 crore through auction of state government securities, marking the largest such weekly borr... Read More


India-EFTA deal to boost Norwegian exports: Trade minister Vestre

New Delhi, March 10 -- Over the past year, India and the European Free Trade Association (EFTA) countries, comprising Iceland, Liechtenstein, Norway, and Switzerland, have diligently worked towards si... Read More