Economy Archives - Page 83 of 236

Economy

February 18, 2025 12:38 PM

US tariffs on steel sector unlikely to impact India materially: Crisil

The US tariffs on the steel sector are unlikely to impact India significantly, as only 2 percent of the country’s total finished steel exports in the first nine months of this fiscal year were to the US, according to Crisil Intelligence. The US ha...

February 18, 2025 11:33 AM

Indian stocks could see revival soon, global factors are the key: Morgan Stanley

Global brokerage Morgan Stanley has indicated that Indian stocks could experience a revival soon, though global factors will be crucial to this outcome. In its latest note, analysts at Morgan Stanley acknowledged that while catching the market botto...

February 18, 2025 10:02 AM

Sensex, Nifty open lower amid weak market sentiment

The Indian stock market opened lower on Tuesday, with selling pressure observed in PSU banks, metals, and real estate sectors during early trade. As of 9:37 AM, the BSE Sensex was down 193.10 points (0.25%) at 75,803.76, while the NSE Nifty fell 76....

February 17, 2025 6:43 PM

Govt received over 60,000 inputs from citizens on new Income Tax Bill: FM

The government received more than 60,000 inputs from citizens regarding the new Income Tax Bill, 2025, Union Finance Minister Nirmala Sitharaman said on Monday. Addressing a post-Budget event here, the Finance Minister said the review of the Income ...

February 17, 2025 5:23 PM

Sensex, Nifty bounce back to end 8-day losing streak

India’s benchmark indices rebounded on Monday, snapping an eight-day losing streak and closing the trading session in positive territory. The Sensex rose by 57.65 points, or 0.08 percent, finishing at 75,996.86, while the Nifty gained 30.25 points...

February 17, 2025 4:30 PM

FM Sitharaman launches Mutual Credit Guarantee Scheme for MSMEs and expands SWAMIH fund

The Centre on Monday launched the 'Mutual Credit Guarantee Scheme for MSMEs', which was announced in the Union Budget 2025-26 to boost the micro, small, and medium enterprises. The scheme facilitates collateral-free loans to MSMEs by providing loans...

February 17, 2025 4:23 PM

Government actively considering raising deposit insurance limit beyond Rs 5 lakh

The Union Government is actively considering a proposal to raise the deposit insurance limit beyond ₹5 lakh, confirmed M Nagaraju, Secretary, Department of Financial Services (DFS), during a press conference in Mumbai on Monday. “As and when the...

February 17, 2025 2:54 PM

India successfully sends first-ever sea shipments of pomegranates to Australia

In a landmark achievement for India's agricultural exports, the Agricultural and Processed Food Products Export Development Authority (APEDA) has successfully facilitated the first-ever commercial sea shipments of Indian pomegranates to Australia. Co...

February 15, 2025 6:18 PM

FM presents a clear picture of Indian economy, reforms: PM Modi

Union Finance Minister Nirmala Sitharaman, while responding to the debate on the Union Budget 2025-26 in Parliament this week, provided a clear picture of the Indian economy and ongoing reforms, Prime Minister Narendra Modi said on Saturday. “...

February 15, 2025 4:29 PM

India’s merchandise exports projected to rise 3.64% in Q4 FY25

India’s merchandise exports are projected to rise to $124.8 billion in the fourth quarter of the current financial year (Q4 FY25), marking a 3.64% increase compared to the same period last year (Q4 FY24). According to estimates from the Export...

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