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- March 29th, 2024
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[ad_1] In a fateful speech on November 8, 2016, Prime Minister Modi announced that the two largest denomination currency notes — ₹500 and ₹1,000 — would cease to be legal tender overnight. Citizens were given 50 days’ time to deposit...
[ad_1] FPIs have shown a significant resurgence in their investment activity within the Indian equity markets this month, injecting over â¹38,000 crore, mainly driven by favourable shifts in the global economic scenario and strong domestic macroeconomic outlook.Also read: Global cues,...
[ad_1] The team also sees FY25 CPI (consumer price index) based inflation a tad lower at 4.4 per cent against 4.5 per cent projected in the statement | Photo Credit: FRANCIS MASCARENHAS The Reserve Bank of India (RBI) may bump...
[ad_1] Even if India is rising economically and China is declining, it will take India about 25 years to catch up with China, says Vijay Keshav Gokhale, a former Secretary of the Ministry for External Affairs. Nor will India be...
[ad_1] The Centre’s latest figures on growth in the country’s gross domestic product don’t add up and are “mystifying”, former Chief Economic Advisor Arvind Subramanian said on Friday.The government said on February 29 that the Indian economy grew by 8.4%...
[ad_1] The Current Account Deficit (CAD) for October-December quarter (Q3) of current fiscal 2023-24 is expected to have surged to 1.2 per cent of GDP (Gross Domestic Products), India Ratings & Research (Ind-Ra) estimated on Tuesday. One reason could be...
[ad_1] Foreign Portfolio Investors (FPIs) are turning steady buyers as they bought Indian equities worth â¹6,139 crore so far this month driven by strong economic growth, market resilience and decline in US bond yields. This came following a modest investment...
[ad_1] The current fiscal year FY24 is set to end with record net inflows from Foreign Portfolio Investors (FPIs) into the Indian market, with net investments close to ₹12,000 crore ($1.4 billion) in March first week after a tepid show...
[ad_1] This is due to global (weaker growth) and local factors (softness in public capex) The growth momentum of the first three quarters of FY24 is expected to continue as cyclical recovery and structural improvements remain in play, UBS said...
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