Why RBI may not cut rates despite a fall in retail inflation
The Reserve Bank of India (RBI) has put to rest the debate over a proposal to ignore the food price…
Economy
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Net direct tax collection rises 22.5% to Rs 6.93 trillion till August 11
India’s net direct tax collection, with refunds adjusted, grew 22.5% to Rs 6.93 trillion between April 1 and August 11…
IIP growth eases to 5-month low of 4.2% in June
In the use-based category, consumer durables output growth ebbed to a six-month low of 8.6% in June, while that of…
Food inflation falls to 13-month low to 5.42%
Favorable base, sequential decline in vegetable prices key reasons. Retail food inflation dropped sharply to a thirteen-month low to 5.42%…
Core industries growth skids to 20-month low of 4% in June
High base effect, onset of monsoon among reasons for moderation in overall output growth, say experts. Pulled down by a…
Wholesale inflation soars to 16 months high of 3.4%
The wholesale price inflation surged to 16 months high in June as food and manufactured product prices shot up. Data…
With geo-political concerns, engineering firms nudge suppliers to ‘Make in India’
In a bid to find a long-term fix to unrelenting geo-political concerns, Indian engineering and capital goods firms are looking…
4.05 lakh businesses based in State closed since GST rollout
Ahmedabad: While the goods and services tax regime aimed at improving business ease and simplifying taxes, some 4.05 lakh businesses…
Economists bat for capex push, fiscal prudence and more jobs at pre-Budget meet
Budget 2024 Expectations: Economists batted for continuing the capital spending push to spur growth, fiscal prudence and steps to boost…
Credit funds, family offices fill void left by banks at AIFs
The Private wealth funds and family offices are stepping in to fill the gap left by banks and non-banking finance…