Economy News ( English version)

Zensar Technologies Q4 Results Live : Revenue increased by 1.41% YoY & profit increased by 45.39% YoY

Welspun Living Q4 Results Live : Revenue increased by 19.56% YoY & profit increased by 16.44% YoY

Oracle Financial Services Softwa Q4 Results Live : Revenue increased by 11.69% YoY & profit increased by 16.86% YoY

KPI Green Energy Q4 Results Live : Revenue increased by 58.64% YoY & profit increased by 35.45% YoY

ACC Q4 Results Live : Revenue increased by 12.9% YoY & profit increased by 300.96% YoY

In a submission to the WTO last week, India said that stringent MRLs can be trade-restrictive and act as non-tariff barriers to international trade, disproportionately affecting exporters from developing countries.

Economic think-tank National Institute of Public Finance and Policy (NIPFP) on Friday said it has estimated India's GDP growth at 7.1 per cent for the current fiscal, using high-frequency models. NIPFP, in a series of tweets, said the Centre is on a fiscal consolidation path through buoyancy in taxes and revenue expenditure compression.

India's forex reserves dropped by $2.83 billion to $640.33 billion as of April 19, as per the latest Reserve Bank of India data. This decline follows a previous decrease of $5.4 billion to $643.16 billion reported for the week ended April 12, 2024. Foreign currency assets (FCAs) shrank by $3.79 billion to $560.86 billion, while gold reserves increased b […]

Deloitte India predicts India's GDP growth at 6.6% in the current fiscal, citing factors like consumption, exports, and capital inflows. The middle-income class's rise boosts purchasing power, spurring demand for luxury goods. Concerns over inflation and geopolitical uncertainties persist. Deloitte advocates corrective measures like rural employmen […]

India's finance ministry highlighted the country's "promising economic performance," citing resilient growth, stable prices, and a strong external sector in its monthly economic report for March. Despite global uncertainties, India's economy remains robust, driven by factors like domestic demand, investment, and manufacturing momentu […]