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Articles for Economy

Private Corp Sector’s Net Profit Rises By 14.2% YoY in Q1FY25: Report

As per the data from the Reserve Bank of India, the aggregate sales growth of the listed private non-financial companies stood at 6.9 per cent YoY during the quarter

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World Bank Raises India’s Growth To 7% For FY25

Despite global economic headwinds, the World Bank's outlook for India remains positive, with growth projected to remain strong at 7 per cent in the current financial year and continue robustly through FY26-27

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Sebi To Bring New Norms For SME IPO, Migration Regulations: Ashwani Bhatia

The Securities and Exchange Board of India (Sebi) is likely to bring new norms regarding disclosure requirements, eligibility conditions and portions that are reserved for qualified institutional buyers (QIBs) along with the audit-related scrutiny

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Households To Likely Build Back Financial Assets, Boosted By Rising Incomes: RBI's Patra

Household savings increasing from an average of 10.6 per cent between 2011 and 2017 to 11.5 per cent during 2017-2023 represent the beginning stages of financial asset rebuilding process

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Indian Investors To Get Rs 250 SIP Soon: Sebi Chairperson

Madhabi Puri Buch stated that the initiative of financial inclusivity is of prime importance to the market regulator and through the Rs 250 systematic investment plan (SIP), it seeks to work in that direction

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State Pension Costs Expected To Reach Rs 5.7 Tn In FY2025: Icra

State governments are projected to face a significant pension burden of Rs 5.7 trillion in FY2025, more than double the Rs 2.4 trillion expected for the central government, prompting some states to revert to more reliable pension schemes

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Agri-GVA Growth To Rise To 3.2% In FY25: Report

Based on the ongoing sowing and the bright prospects for Rabi crops, the gross value added (GVA) growth of agriculture is likely to improve to 3.2 per cent in the current financial year

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Cabinet Approves Digital Agri Mission With Rs 2,817 Cr Outlay

For a transformation of the agriculture sector, the government introduced the building of Digital Public Infrastructure for agriculture in the Union Budget 2023-24

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