Economy

The layoffs are expected to affect approximately 500 employees, of the total 3,437 permanent staff. The announcement comes within days of Goenka’s decision to take a voluntary pay cut of.

The recent remarks of Krishnamurthy Subramanian, Executive Director at the International Monetary Fund, about India’s growth figures does not represent the views of the IMF and were in his role as India’s.

10.3 million new subscribers added in FY24 The assets under management (AUM) under the National Pension System (NPS) including Atal Pension Yojana rose by 30.5% on year to Rs 11.73.

Food secretary Sanjeev Chopra on Thursday said on Thursday: “While the inflation in wheat has been largely curbed, price rise in rice has plateaued.” However, since edible oil prices have.

Debunks reports of poor working conditions, safety standards India is aiming to reach Rs 1 trillion in marine product exports in next two years by increasing its processing capacity and.

Ines Lam, Economist at HSBC, said, “India’s services PMI rose in March, following a small dip in February, on the back of strong demand that spurred sales and business activity.”.

The RBI MPC meeting commenced on April 3 and the six-member committee headed by RBI Governor Shaktikanta Das, will announce its decision on India’s benchmark interest rate at 10 am.

Economists forecast Q4 GDP growth to be significantly higher than NSO estimate of 5.9%. India’s foreign trade is likely to push the country’s gross domestic product (GDP) growth by about.

Barclays maintained its forecasts for the annual current account at $35 billion or 1 per cent of the GDP in FY23-24, but stated that it sees a downside to this.

RBI steps creating more robust financial system, says rating agency. S&P Global on Tuesday raised its forecast for India’s real economic growth in the next financial year (2024-25) by 0.4.