New Delhi, Jan 9: Monthly systematic investment plans (SIPs) surpassed the Rs 26,000 crore mark for the first time in the month of December, showcasing that small investors continue to rely on mutual funds for long-term investments, as per the data released by the Association of Mutual Funds of India (AMFI) on Thursday.
New Delhi, January 9: India's economy is navigating a phase of subdued demand as growth in key sectors slows down. Multiple dynamics impact exports, consumption cycles, and income growth, pointing to a challenging outlook for FY26 says a report by Nuvama
New Delhi, Jan 9: The Indian economy is projected to grow at a robust 6.8 per cent in the financial year 2025-26, driven by strong high-frequency indicators, according to a Bank of Baroda forecast.
New Delhi, January 9: The business of Micro Finance Institutions (MFIs) industry has risen from Rs 17,264 crores in March'12 to Rs. 3.93 lakh crore as of November'24, M Nagaraju, Secretary, DFS, Ministry of Finance was apprised by the industry representatives during a meeting in New Delhi.As per the MFI stateholders, the industry has grown more than 2176 per cent over 12 years.
Mumbai, Jan 9: With the dawn of the Q3 FY25 results, the Indian stock market opened lower on Thursday as selling was seen in the auto, IT, PSU bank and financial service sectors.
New Delhi, Jan 8: Healthy farm incomes should provide support to rural incomes next fiscal (FY26) and lower inflation and scope for reduced interest rates should improve purchasing power for discretionary spending in India, a report showed on Wednesday.
Mumbai, Jan 8: The Indian economy is showing early signs of growth pickup in Q3 FY25 as rural consumption is showing recovery due to a good monsoon season, which exceeded the long-term average by 8 per cent, according to a report on Wednesday.
New Delhi, January 8: Growth in consumer goods space is set to be muted for yet another quarter (October-December 2024), asserted Mirae Asset Sharekhan, attributing it to sluggish urban demand, a gradual recovery in rural demand and price hikes taken across product categories.
New Delhi, January 8: It may be a subdued growth in the current financial year but the Indian economy is projected to grow by 6.8 per cent in the financial year 2025-26, supported by strong high-frequency indicators, according to a report by Bank of Baroda.
Mumbai, Jan 8: The domestic benchmark indices opened flat on Wednesday as selling was seen in the auto, IT, PSU bank, financial service, FMCG, metal, realty and media sectors.
Mumbai, Jan 7: The domestic benchmark indices opened higher on Tuesday as buying was seen in the energy, PSE, auto, IT, PSU bank, financial service, pharma, FMCG, metal and realty sectors.
Mumbai, Jan 6: The Indian stock market witnessed a steep decline on Monday as domestic benchmark indices plunged more than 1.5 per cent amid growing concerns over human metapneumovirus (HMPV) along with global uncertainties.
New Delhi, January 6: PR Jaishankar, Managing Director of India Infrastructure Finance Company Limited (IIFCL), has set an ambitious target to double the company's lending to Rs 1 lakh crore within the next three years.
New Delhi, January 6: The government may fall short of its capital expenditure (capex) target for the financial year 2025, according to a report by Motilal Oswal.
Gurgaon, January 6: Institutional investments in Indian real estate reached a five-year high of USD 6.5 billion in 2024, marking a 22 per cent year-on-year (YoY) growth from USD 5.4 billion in 2023, according to Colliers report.
New Delhi, January 6: India's services sector ended 2024 on a strong note, with the HSBC India Services Business Activity Index rising from 58.4 in November to 59.3 in December, according to the HSBC PMI survey.
New Delhi, Jan 6: Led by the industrial and warehousing segment, the institutional investments in Indian real estate touched $6.5 billion inflows in 2024, a substantial 22 per cent increase from the previous year's $5.4 billion, according to a report on Monday.
New Delhi, Jan 5: The Union Budget 2025-26 should continue to prioritise employment creation to harness India’s demographic dividend and propel economic growth, apex business chamber CII said on Sunday.
New Delhi, January 5: Union Minister of Textiles Giriraj Singh stated that the textile ministry is committed to helping the industry to reach the market size of USD 300 billion in year 2030 and provide employment to 6 crore persons in textile value chain, the Ministry stated in a release on Sunday.Textiles Minister Singh inaugurated the new permanent campus of the Indian Institute of Handloom Technology at Fulia, Nadia, West Bengal.
Mumbai, Jan 5: The market outlook for next week will be guided by Q3 results, crude oil price, foreign institutional investors (FIIs) and domestic economic data, according to experts on Sunday.
New Delhi, January 4: Indian households have significantly altered their spending patterns over the past 12 years, shifting focus from food to non-food items, according to an analysis by the State Bank of India (SBI).
Mumbai, January 2: The Indian stock market ended on a high note on Thursday, with both benchmark indices registering significant gains.
New Delhi, January 2: Finance Minister Nirmala Sitharaman on Thursday met stakeholders from the financial sector and capital markets as part of her series pre-Budget consultations.
New Delhi, January 2: Credit rating agency ICRA has lowered its banking credit growth estimate for FY2025 to 10.5-11.0 per cent, down from its previous forecast of 11.6-12.5 per cent.
New Delhi, January 2: India is now the 6th largest exporter of textiles and apparel in the world, with a global trade share of 3.9 per cent. The sector holds a significant 8.21 per cent of India's total exports, underlining the country's crucial role in the global textile supply chain.
New Delhi, January 2: The government has significantly boosted employment in the past decade, creating nearly five times more jobs than during the United Progressive Alliance (UPA) era from 2004 to 2014, says Union Labour and Employment Minister, Mansukh Mandaviya citing data from the Reserve Bank of India (RBI) and Employees' Provident Fund Organisation (EPFO).
New Delhi, January 1: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the proposal of the Department of Fertilizers for extension of One-time Special Package on Di-Ammonium Phosphate beyond the NBS subsidy at the rate of Rs 3,500 per MT for the period from January 1 this year till further orders to ensure sustainable availability of DAP at affordable prices to the farmers.
New Delhi, January 1: Goods and Services Tax (GST) collections in December, in gross terms, were at Rs 1.76 lakh crore, with a yearly jump of 7.3 per cent, according to data from the finance ministry released on Wednesday.