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Latest Articles in Economy

Navigating A Turbulent Macroeconomic Environment

BW CFO World brought together leaders and decision-makers to discuss finance strategy and best practices for CFOs in India to tackle unforeseen economic challenges

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Iconic ‘Happy Money’ Author Ken Honda’s Next Project: ‘Happy India

Drawing an analogy with the Indian way of life, Honda explained: “You are born with a gift – to teach, to speak, to write, to create business

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Consistent Performance Pays

For companies, respect is always earned through consistent performance, stable and trustworthy leadership and effective growth strategy

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PLI For Specialty Steel: Govt Receives 79 Applications From 35 Companies, Signs 27 Agreement

The government approved the production-linked incentive (PLI) plan for speciality steel on 22 July 2021, with a financial outlay of Rs 6,322 crore and since 2018, India has been the world's second-largest crude steel producer and second-largest user of finished steel

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Govt's Immediate Steps Ensured Startups Were Not Impacted By SVB Crisis: Ashwini Vaishnaw

Ashwini Vaishnaw, Minister for IT and Communications, also noted the rapid strides taken by India in areas of Artificial Intelligence (AI) and quantum computing

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S&P Maintains India's Economic Growth Estimate For FY24 At 6%

According to the agency's projections, the country's GDP will expand by 7 per cent in the current fiscal year, before slowing to 6 per cent in 2023-24

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Bharat Petroleum Launches 19 EV Fast-Charging Stations At 110 Fuel Stations In Karnataka, Kerala And Tamil Nadu

BPCL has converted 21 highways into electric corridors and going forward by March 2023, 200 highways will be covered with Electric Vehicle Fast Chargers to support and accelerate the EV growth in the country

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HDFC Mutual Fund Files For Country’s First Sovereign Green Bond MF

Sovereign green bonds are issued by the Government of India (GoI) whose proceeds will be deployed in public sector projects that will help in reducing the carbon intensity of the economy

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RBI Likely To Pause Interest Rate Hike In April Policy Meet: SBI Research

At the latest Monetary Policy Committee (MPC) of the RBI in early February, it decided to raise the repo rate by 25 basis points to 6.5 per cent to keep inflation expectations anchored, break the persistence of core inflation, and strengthen the medium-term growth prospects

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PM Modi Holds Key Meet With Top Ministers In Parliament

Finance Minister Nirmala Sitharman tabled 64 official amendments to the Finance Bill which was tabled in Parliament on February 1 along with the Budget proposals

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US Firm First–Citizens Bank Acquires Silicon Valley Bank

Despite multiple efforts by the regulators to lock a deal for all or parts of the bank in a bid to cover the uninsured deposits of its startup customers, an auction attempt passed without a buyer previously

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Mamaearth Puts Its IPO On Hold, Cites Uncertain Market Condition: Report

However, Varun Alagh said that the reports are "largely baseless." He added, "We are still in the IPO process. We are engaging with SEBI on IPO DRHP and it is reviewing our prospectus. We are hopeful that by next month, we should get our approval."

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RBI Approves Extension Of Paytm's Aggregator Licence Application

Paytm can continue to service existing payment gateway customers, however, it cannot accept new merchants, till the aproval of the license

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J&K Administration Remove 400 Bogus Companies

As per the reports, the bank account of the companies has been frozen in order to resist them to do any further transactions

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Set Up Nodal Agency To Check On Digital Payment Fraud: Committee

The committee suggested the collaboration of the Ministry of home affairs, telecom service providers, Reserve Bank of India, fintech app and the local police to address such issues

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