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Page 16

UP Budget: Rs 400 Cr Allocated for Religious Tourism; Ayodhya, Mathura, Chitrakoot Planned as Hotspots

Lucknow: Uttar Pradesh government’s Rs 8.08 lakh crore Budget for the financial year 2025-26 has earmarked Rs 400 crore funds for promoting religious tourism in the state and developing holy cities like Ayodhya, Mathura, Naimisharanya and Chitrakoot as new “hub of pilgrimage.” The move comes on the back of the record number of visitors to

SBI Pegs India’s GDP Growth at 6.3 Pc for Q3 of 2024-25

New Delhi: SBI economists have pegged India’s GDP growth at 6.2-6.3 per cent for Q3 (October-December) of 2024-25 driven by buoyant demand and Capex trends along with the increase in EBIDTA and corporate GVA recorded by India Inc. The SBI report released on Wednesday considers the slowdown in the second quarter (Q2) as a “blip”

US Tariffs on Steel Sector Unlikely to Impact India Materially: Crisil

New Delhi: The US tariffs on the steel sector are unlikely to impact India because only 2 per cent of the country’s total finished steel exports in the first nine months of this fiscal were to the US, Crisil Intelligence said on Tuesday. The US move to slap a flat 25 per cent tariff on

Market Outlook: PMI, Trade Deficit and Global Economic Data Key Triggers to Watch Next Week

New Delhi: The market outlook for next week will be guided by the purchasing managers index (PMI), trade deficit and global economic data, according to the experts. Moreover, the Reserve Bank of India will release minutes of the last Monetary Policy Committee meeting. Investors remain cautious due to the weakness in the rupee against the

PM Modi’s Visit a Landmark Event in Boosting India-US Trade Ties: Apex Chambers

New Delhi: Apex business chamber Assocham and the Federation of Indian Export Organisations (FIEO) hailed Prime Minister Narendra Modi’s visit to the US on Friday as a landmark event in strengthening India-US trade and investment relations. The joint statement, which followed the meeting between Prime Minister Narendra Modi and President Donald Trump in Washington, DC,

India’s CPI Inflation Falls to 5-Month Low of 4.31 Pc in January

New Delhi: According to figures released by the Ministry of Statistics on Wednesday, India’s retail inflation rate, based on the Consumer Price Index, fell to a five-month low of 4.31 percent in January as prices of vegetables and pulses eased. This relief to household budgets was reflected in the figures. The easing of inflation reflects

Indian Stock Market Continues to Assess 2 Big Policy Moves to Boost Economy

Mumbai: The stock market saw two major policy moves this week that could significantly impact India’s economic trajectory — the Union Budget 2025, which introduced tax cuts to boost consumption and investment, and the RBI’s 25 bps rate cut, signalling a shift towards monetary easing, experts said on Saturday. These measures collectively aim to strengthen

Rate Cut to Spur Residential Demand, Lower Home Loan Rates: Industry

New Delhi: The real estate industry on Friday welcomed the much-awaited benchmark rate cut of 25bps by the Reserve Bank of India (RBI), saying lowered interest rates will further nudge homebuyers to buy an ownership home with an upgraded lifestyle. The Central Bank’s Monetary Policy Committee (MPC) cut the repo rate by 25 basis points

RBI Cuts Repo Rate by 25 Basis Points to 6.25 Pc to Spur Growth

Mumbai: The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo rate by 25 basis points to 6.25 per cent. RBI Governor Sanjay Malhotra said the MPC has also unanimously decided to continue with a neutral stance and will focus on inflation while supporting growth. This would provide flexibility

EU Ready for Tough Trade Talks With US, says Ursula Von Der Leyen

Brussels: European Commission President Ursula von der Leyen said that the European Union (EU) is prepared for tough negotiations with the US to safeguard its economic interests. Her remarks came after US President Donald Trump announced plans to impose tariffs on imports from the EU. Speaking on transatlantic trade relations, von der Leyen underscored the

Tag: economy

UP Budget: Rs 400 Cr Allocated for Religious Tourism; Ayodhya, Mathura, Chitrakoot Planned as Hotspots

SBI Pegs India’s GDP Growth at 6.3 Pc for Q3 of 2024-25

US Tariffs on Steel Sector Unlikely to Impact India Materially: Crisil

Market Outlook: PMI, Trade Deficit and Global Economic Data Key Triggers to Watch Next Week

PM Modi’s Visit a Landmark Event in Boosting India-US Trade Ties: Apex Chambers

India’s CPI Inflation Falls to 5-Month Low of 4.31 Pc in January

Indian Stock Market Continues to Assess 2 Big Policy Moves to Boost Economy

Rate Cut to Spur Residential Demand, Lower Home Loan Rates: Industry

RBI Cuts Repo Rate by 25 Basis Points to 6.25 Pc to Spur Growth

EU Ready for Tough Trade Talks With US, says Ursula Von Der Leyen

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