Feedback | Monday, December 02, 2024
December 2, 2024 10:08 PM
The Government of India has announced its decision to revise the base year for the calculation of Gross Domestic Product (GDP) from 2011-12 to 2022-23, marking a significant update to the country’s national accounting framework. An Advisory Committee on National Accounts Statistics (ACNAS) has be...
December 2, 2024 9:07 PM
India's manufacturing sector showcased resilience in November despite mounting cost pressures and fierce competition. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) stood at 56.5, slipping from October's 57.5 and matching an 11-month low. However, the PMI remained ...
December 2, 2024 6:56 PM
The government on Monday announced the withdrawal of the windfall tax on Aviation Turbine Fuel (ATF), crude oil, petrol, and diesel through a notification introduced in the Lok Sabha. The decision comes as a major relief for oil companies like Reliance Industries and ONGC, which had been bearing th...
December 2, 2024 6:31 PM
India's organic food products export reached $447.73 million in the first eight months of this fiscal (FY25) and is on track to surpass last year's total export of $494.80 million, the Parliament was informed on Monday. In a written reply to the Lok Sabha, Union Minister of Food Processing Industri...
December 2, 2024 5:51 PM
India's benchmark indices closed higher on Monday, recovering from a subdued start. Both benchmark indices posted notable gains, reflecting strong investor sentiment The Sensex rose by 445.29 points (0.56%) to settle at 80,248.08, while the Nifty 50 advanced by 142.90 points (0.59%) to close ...
December 2, 2024 5:41 PM
Commerce and Industry Minister Piyush Goyal, speaking at the inaugural session of the CII Partnership Summit 2024, on Monday, said that the Global South is not responsible for the environmental damage caused by the exploitation of low-cost energy by developed nations. Ministers and officials ...
December 2, 2024 3:36 PM
India attracted approximately Rs 4.5 lakh crore in Alternative Investment Funds (AIFs) during the first half (H1) of the 2024-25 financial year, driven by strong economic growth among large economies. According to the latest SEBI data compiled by ANAROCK Research, of the total Rs 4,49,384 crore in ...
December 2, 2024 2:09 PM
India’s Q2 GDP growth saw a temporary slowdown due to seasonal monsoon effects and election-related factors. However, industry experts expect a sharp rebound in the January-March quarter (Q4) of FY25, signaling renewed economic vigor. For equity markets, this data is unlikely to have a significan...
December 2, 2024 11:18 AM
India’s benchmark indices were subdued on Monday after the release of lower-than-expected GDP figures on Friday. The Nifty 50 opened with a modest gain of 9 points at 24,140, while the Sensex dropped 58 points, starting at 79,743.87. By 9:42 am, the Sensex had declined further by 140.80 points, ...
December 1, 2024 11:40 AM
US President-Elect Donald Trump has threatened to impose 100 per cent tariffs on BRICS countries if they develop a new currency or adopt another to replace "the mighty dollar" and effectively bar them from American markets. "There is no chance that the BRICS will replace the US Dollar in Internatio...
07/10/24 | 4:52 pm
07/10/24 | 4:52 pm
