Small Cap Stocks Surged 63 Pc In FY24 | Markets News

[ad_1] New Delhi: FY24 marked a rewarding period for the Indian market. Large caps recorded a substantial 33 per cent return, midcaps surged by 56 per cent, and small caps excelled with an impressive 63 per cent, as indicated by the respective broad indexes, says Vinod Nair, Head of Research, Geojit Financial Services. Markets were … Read more

Indian Economy Can Grow At 8% Till 2047, Says Subramanian | Economy News

[ad_1] New Delhi: The Indian economy can grow at 8 percent till 2047 if the country can redouble the good policies that it has implemented over the last 10 years and accelerate reforms, India’s executive director at International Monetary Fund (IMF) Krishnamurthy Venkata Subramanian said on Thursday. Subramanian further said that clearly the 8 percent … Read more

India To Be Third Top Economy In Few Years, Says FM Nirmala Sitharaman | Economy News

[ad_1] Tamil Nadu: Union Finance Minister Nirmala Sitharaman on Saturday said India currently needs economic freedom to achieve developed nation status by 2047 and assured that the country would move to the third spot in the world economy from the current fifth position shortly. Criticising those who compared India with China, Sitharaman said that certain things … Read more

Nifty Snaps Four-Day Winning Streak On Account Of Profit Booking | Markets News

[ad_1] New Delhi: Nifty snapped a four-day winning streak on Tuesday on account of profit booking, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services. While the Nifty 50 closed the day with a loss of 49 points, or 0.22 per cent, at 22,356.30, the Sensex ended at 73,677.13, down 195 points, … Read more

India Permits 64,400 Tonnes Of Onion Exports To UAE, Bangladesh | Economy News

[ad_1] New Delhi: The government has permitted exports of 64,400 tonnes of onion to the UAE and Bangladesh through the National Cooperative Exports Ltd (NCEL), according to notifications from the commerce ministry. While the export of 50,000 tonnes of onion is permitted to Bangladesh, shipments of 14,400 tonnes were allowed to the UAE. Notification … Read more

India’s Core Sector Growth Slows To 15 Month Low Of 3.6% In January | Economy News

[ad_1] New Delhi: The growth of eight key infrastructure sectors slowed to a 15-month low of 3.6 percent in January though crude oil, natural gas, and cement production recorded positive growth, official data released on Thursday showed.  The growth of eight core sectors was 4.9 percent in December.  It was 9.7 percent in January … Read more

Budget 2024: Government To Promote Electric Vehicle Ecosystem And It’s Adoption | Auto News

[ad_1] In a pivotal announcement by Finance Minister Nirmala Sitharaman during the 2024 budget speech, the landscape for electric vehicles (EVs) in India is set for a significant transformation, aiming to bridge the gap in EV practicality and infrastructure. Spearheading EV Infrastructure Development Globally acclaimed as the next step in sustainable mobility, electric vehicles have … Read more

India could be $5 trillion economy by 2025: Hardeep Puri | Economy News

[ad_1] New Delhi: The Indian economy is poised to touch USD 5 trillion next financial year – 2024-25 – and capitalise to double to USD 10 trillion by the end of this decade, said Union Petroleum Minister Hardeep Puri. At present, the Indian economy is estimated to be about USD 3.7 trillion. “Lord Ram … Read more