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India's growth expected to slow to 6.6% in FY27: S&P Global

New Delhi, June 24 -- S&P Global on Wednesday estimated the Indian economy to grow at 6.6 per cent in the current fiscal, which is 110 basis points lower than the growth number for fiscal year 202... Read More


Index of services production with FY25 base year to be released with a 60-day lag

New Delhi, June 24 -- The Ministry of Statistics and Programme Implementation (MoSPI) is set to launch the Index of Services Production (ISP) next month. Formatted as a monthly release akin to the Ind... Read More


Despite war, possible price rise, real estate could see 10% growth this fiscal: CREDAI President Patel

New Delhi, June 21 -- War in West Asia has impacted each sector and real estate cannot be isolated. In an interview to businessline, Shekhar G Patel, President at CREDAI National said that price of ne... Read More


CPSEs to support 'PM Dhaanya Krishi Yojana' through CSR activities

New Delhi, June 19 -- Central public sector enterprises (CPSEs) will adopt at least one district, selected under 'PM Dhan Dhaanya Krishi Yojana' for corporate social responsibility (CSR) activities du... Read More


Advance tax collection increased by over 15% in the first instalment of FY27

New Delhi, June 18 -- Advance tax collection in the first instalment of FY27 grew 15 per cent to Rs.1.79 lakh crore, data from the Income Tax Department, released on Thursday showed. It is much higher... Read More


NTPC, IndianOil evaluate dollar borrowings as RBI's ECB swap window opens for PSUs

New Delhi, June 17 -- 'Maharatna' and 'Navratna' Central Public Sector Enterprises (CPSEs) are evaluating ways to tap overseas debt markets after the Reserve Bank of India (RBI) sweetened the terms fo... Read More


Finance Ministry widens definition of overseas individual investors participating in capital markets

New Delhi, June 14 -- Augmenting its earlier efforts to deepen capital markets and draw a broader pool of global investors, India has thrown open equity investments in listed companies under the Portf... Read More


Capex by CPSEs, Railway Board, NHAI touched over 17% in April-May

New Delhi, June 11 -- GAIL (India) Ltd leads 63 Central public sector enterprises and four other organisations in spending more than one-fourth of the annual target of capital expenditure in first two... Read More


OMCs received Rs.1.23 lakh crore support to hold fuel prices

New Delhi, June 9 -- The government provided nearly Rs.1.23 lakh crore in support to state-run oil marketing companies to freeze fuel prices for 78 days following the West Asia crisis, top officials s... Read More