Mumbai: The RBI on Friday retained the GDP growth projection at 7 per cent for 2024-25 fiscal on the back of expectations of a normal monsoon, moderating inflationary pressures, and sustained momentum in manufacturing and services sector. The headwinds from protracted geopolitical tensions and increasing disruptions in trade routes, however, pose risks to the outlook,…
Washington: The Indian economy is projected to grow at 7.5 per cent in 2024, the World Bank has said, revising its earlier projections for the same period by 1.2 per cent. Overall, growth in South Asia is expected to be strong at 6.0 per cent in 2024, driven mainly by robust growth in India and…
Mumbai: The Reserve Bank has to accord “top-most priority” to growth and at the same time focus on trust and stability, Prime Minister Narendra Modi said on Monday. Addressing the inauguration of the event commemorating 90 years of the Reserve Bank of India (RBI) here, Modi said the next decade is as important for attaining…
New Delhi: In mounting trouble for the Congress, sources in the party said it has received fresh notices from the Income Tax department, raising a tax demand of Rs 1,745 crore for the assessment years 2014-15 to 2016-17. With this latest notice, the Income Tax department has raised a total demand of Rs 3,567 crore…
New Delhi: The live storage capacity in India’s 150 primary reservoirs has dropped to 36 per cent of their total capacity while the southern states like Karnataka face a significant shortfall in water storage compared to the previous year and the ten-year average, according to official data. Cities like Bengaluru have been grappling with water…
New Delhi: The Communist Party of India (CPI) has received a notice from the income-tax department, asking it to pay “dues” of Rs 11 crore for using an old PAN card while filing tax returns during the last few years, sources said on Friday. They said the Left party is consulting its lawyers to challenge…
Panaji: Scotch is one of the oldest whisky styles on the planet, it has earned a spot in the hearts of many whisky enthusiasts. First distilled in the early 15th century, it helped introduce whisky to the global market. Its DNA can be found in bourbon, Japanese whiskey, and a myriad of other styles like…
New Delhi: India can realistically push its economic growth close to 9 per cent from the current 7 per cent or so, by implementing a few more reforms in the next five years, Chairman of the 16th Finance Commission Arvind Panagariya said on Wednesday. Panagariya said Prime Minister Narendra Modi worked hard over the past…
New Delhi: President Droupadi Murmu on Sunday greeted citizens on the eve of Holi and said the festival promotes the feeling of love, unity and brotherhood among people. This festival also inspires us to strengthen our cultural heritage, she said in a message. Holi is a vibrant and joyous festival which infuses hope and enthusiasm…
Chennai: The legendary Mahendra Singh Dhoni on Thursday “handed” over the Chennai Super Kings captaincy to opener Ruturaj Gaikwad on the eve of the IPL opener here, a stunning decision that is bound to send speculation swirling on his playing future with the franchise. In a post on X, the Indian Premier League made the…
