Economy Archives - Page 55 of 222

Economy

March 18, 2025 11:56 AM

India’s direct tax collections rise 16% to ₹25.86 lakh crore

India's direct tax collections have increased by 16.2%, totaling ₹25.86 lakh crore during the period from April 1, 2024, to March 16, 2025, as per the most recent figures from the Income Tax Department, compared to the same period in the previous f...

March 18, 2025 11:24 AM

India’s CPI Inflation to Average 4% in FY26, 75 bps Rate Easing Likely: Morgan Stanley

A report by Morgan Stanley on Tuesday projected that India’s consumer price index (CPI) inflation is expected to average 4% in FY26, paving the way for a cumulative 75 basis points (bps) rate cut by the Reserve Bank of India (RBI)—an upward revis...

March 18, 2025 10:00 AM

Indian stock market opens higher, Sensex above 74,600

The domestic benchmark indices opened higher on Tuesday amid positive global cues, with buying interest observed in the realty and media sectors during early trade. At around 9:27 am, the Sensex was trading 448.91 points or 0.61% higher at 74,618.86...

March 17, 2025 9:11 PM

New Zealand PM Christopher Luxon highlights strong Kiwi-Indian ties at Raisina Dialogue

New Zealand Prime Minister Christopher Luxon, while speaking at the Raisina Dialogue 2025 in New Delhi on Monday, emphasized the deep-rooted ties between Indians and New Zealanders, tracing back more than two centuries. "It is more than 200 years si...

March 17, 2025 8:53 PM

Top creditor China approved no loans to Cambodia in 2024, data shows

China signed no new loans to Cambodia last year, latest data from Cambodia's finance ministry shows, in a dramatic reversal by the country's top creditor that if continued could affect infrastructure projects in the Southeast Asian nation. With abou...

March 17, 2025 10:30 PM

India records 47.90% surge in foreign tourist arrivals in 2023

India witnessed a significant boost in Foreign Tourist Arrivals (FTAs) in 2023, recording a 47.90% increase compared to the previous year, according to data released by the Bureau of Immigration. Union Minister for Tourism and Culture, Gajendra Singh...

March 17, 2025 4:29 PM

Sensex, Nifty close higher, led by financial and pharma stocks

The Indian stock market closed on a strong note on Monday, supported by buying interest in financial, pharmaceutical, and select metal stocks. Both benchmark indices—Sensex and Nifty—ended in positive territory despite a cautious start. The Sens...

March 17, 2025 4:25 PM

“Direct dialogue happening at the top,” says Tulsi Gabbard on Trump’s tariff threat to India

US Director of National Intelligence, Tulsi Gabbard, currently visiting India as part of a multi-nation tour, on Monday said that Washington and New Delhi are engaged in high-level discussions on trade tariffs. Speaking to ANI, Gabbard highlighted t...

March 17, 2025 1:19 PM

India’s wholesale inflation remains steady at 2.38% in February

India’s wholesale inflation rate saw a marginal uptick in February, settling at 2.38%, according to data released by the Ministry of Commerce on Monday. The figure is slightly higher than January’s wholesale inflation, which stood at 2.31%. A ke...

March 17, 2025 11:59 AM

Impact of US tariffs on India minimal as country diversifies exports: SBI report

The impact of US trade reciprocal tariffs on India will be minimal as the country has diversified its exports, pitched value addition, exploring alternate areas and works on new routes that transcend from Europe to the US via the Middle East, redrawi...

DD India