Sanjeev Sanyal feels India's youth are not dreaming beyond becoming civil servants, adding that they do not see themselves as Elon Musk or Mukesh Ambani, or Flipkart's Sachin and Binny Bansal amomg
3 min read26 Mar 2024The HSBC Flash India Composite PMI Output Index climbed to 61.3 in March from a revised reading of 60.6 for February, marking the fastest rate of expansion in the manufacturing and service sectors since July 2023.
3 min read21 Mar 2024The empirical analysis suggests that countries with larger fiscal stimulus, on average, experienced higher post-pandemic inflation. Countries with moderate fiscal support have generally experienced relatively moderate inflation outcomes.
1 min read21 Mar 2024India’s economy will likely grow steadily at 6.5-7 percent over the long term, but the country is “far from replacing” rival and manufacturing powerhouse China, Morgan Stanley's Chetan Ahya told Bloomberg in an interview.
2 min read19 Mar 2024In a recent note, global brokerage house Morgan Stanley believes that the current India's economic boom closely resembles that of 2003-07. MS has also highlighted the following five characteristics, which should help investors frame their approach to India in this cycle.
5 min read15 Mar 2024The price cut of ₹2/litre was announced by the Union Ministry of Petroleum and Natural Gas on March 14 via social media platform X
2 min read15 Mar 2024It noted that economic growth had continued to outperform its quarterly forecasts, with a much stronger increase in real GDP than expected in the December outlook report.
2 min read14 Mar 2024Cost of Living Highlights March 14: The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket. In some relief, India's retail inflation witnessed a notable decline in September, dropping to a three-month low.
1 min read14 Mar 2024The Delhi price cut comes two days after state-owned Mahanagar Gas on March 5 announced a decrease in CNG prices by ₹2.5 per kg to ₹73.50 per kg in Mumbai.
2 min read7 Mar 2024Cost of Living Highlights March 06: The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket. In some relief, India's retail inflation witnessed a notable decline in September, dropping to a three-month low.
1 min read6 Mar 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared