Business Standard

Shiva Rajora

Shiva Rajora

Shiva Rajora

Investments, consumption to drive growth in FY26 to 6.6%: India Ratings

The rating agency also noted that inflation is likely to decline to 4.3 per cent in FY26 from 4.8 per cent projected by the central bank for the current fiscal

Investments, consumption to drive growth in FY26 to 6.6%: India Ratings
Updated On : 19 Dec 2024 | 12:08 AM IST

ITI upgradation scheme to be launched in January, says skill ministry

The finance ministry has provided Rs 1,000 crore for the scheme in the current fiscal year

ITI upgradation scheme to be launched in January, says skill ministry
Updated On : 18 Dec 2024 | 12:04 AM IST

WPI inflation eases to three-month low in Nov as food prices cool

Food prices declined to 8.63% last month from 13.54% in October, according to government data

WPI inflation eases to three-month low in Nov as food prices cool
Updated On : 17 Dec 2024 | 12:47 AM IST

Labour ministry seeks to lower budget allocation for ELI schemes for FY25

The three ELI schemes announced in the Budget are yet to get approval from the Union Cabinet and have faced considerable delays

Labour ministry seeks to lower budget allocation for ELI schemes for FY25
Updated On : 17 Dec 2024 | 12:41 AM IST

CARE Ratings pares down India's FY25 GDP growth forecast to 6.5%

Sachin Gupta, chief rating officer at CARE Ratings, said that the first half of FY25 paints a picture of cautious optimism within India's corporate sector

CARE Ratings pares down India's FY25 GDP growth forecast to 6.5%
Updated On : 13 Dec 2024 | 10:30 PM IST

Nov retail inflation eases to 5.48%; industrial output grows 3.5% in Oct

The data shows higher inflation in rural areas at 5.95 per cent, compared to 4.83 per cent in urban regions

Nov retail inflation eases to 5.48%; industrial output grows 3.5% in Oct
Updated On : 12 Dec 2024 | 11:06 PM IST

Asian Development Bank lowers India's growth forecast to 6.5% for FY25

The multilateral funding agency also revised downwards its forecast for the next financial year (FY26) to 7 per cent from 7.2 per cent estimated earlier

Asian Development Bank lowers India's growth forecast to 6.5% for FY25
Updated On : 11 Dec 2024 | 11:54 PM IST

NSO to kickstart next edition of 'Debt and Investment Survey' in 2026

In rural India, 17.8 per cent households were indebted to institutional credit agencies against 14.5 per cent households in urban India

NSO to kickstart next edition of 'Debt and Investment Survey' in 2026
Updated On : 10 Dec 2024 | 11:58 PM IST

Money matters: States' pension bill growth slowed in FY23, says RBI report

Seven states even saw decline, says RBI's 'Handbook of Statistics on Indian States'

Money matters: States' pension bill growth slowed in FY23, says RBI report
Updated On : 09 Dec 2024 | 11:49 PM IST

NSO to unveil 1st private capex survey in March amid investment push

NSO launched the first of its kind survey to track the annual capex by the private sector by compiling information on the projected capital investment for the next two years

NSO to unveil 1st private capex survey in March amid investment push
Updated On : 09 Dec 2024 | 12:04 AM IST

NSO may release monthly jobs data for rural, urban areas from March-end

Currently, the NSO releases the PLFS data for urban areas on a quarterly and yearly basis, while for rural areas it is released only annually

NSO may release monthly jobs data for rural, urban areas from March-end
Updated On : 06 Dec 2024 | 11:13 PM IST

EPS subscribers with Rs 1,000 pension increases by 3% to 3.66 mn in FY24

The annual report data also shows that the central government provided a support of Rs 957 crore during FY 24 for the minimum pension

EPS subscribers with Rs 1,000 pension increases by 3% to 3.66 mn in FY24
Updated On : 04 Dec 2024 | 11:25 PM IST

Services PMI falls marginally to 58.4 in Nov, job creation improves

Business confidence leads to 'hiring surge' as input costs rise to the 'greatest extent' in 15 months

Services PMI falls marginally to 58.4 in Nov, job creation improves
Updated On : 04 Dec 2024 | 11:33 AM IST

EPFO's investible corpus more than doubled in 5 years to Rs 24.75 trillion

Number of active contributing subscribers grew by 7.6 per cent to 73.7 million in FY24 from 68.5 million in FY23

EPFO's investible corpus more than doubled in 5 years to Rs 24.75 trillion
Updated On : 03 Dec 2024 | 11:23 PM IST

Stymied by fierce competition, manufacturing PMI slips to 56.5 in Nov

The rate of expansion is second-weakest in 11 months, the figure stood at 56.5 in January

Stymied by fierce competition, manufacturing PMI slips to 56.5 in Nov
Updated On : 03 Dec 2024 | 12:16 AM IST

Govt likely to double EPF monthly-wage cap to Rs 30,000 per month

Plans afoot to bring ceiling under ESIC on a par with EPF

Govt likely to double EPF monthly-wage cap to Rs 30,000 per month
Updated On : 01 Dec 2024 | 10:57 PM IST

EPFO Board approves reinvesting 50% ETF redemption proceeds into equity

The board also approved the rollout of the centralised payment system by Dec 31 which will allow pensioners to withdraw money from any branch of any bank nationwide

EPFO Board approves reinvesting 50% ETF redemption proceeds into equity
Updated On : 30 Nov 2024 | 6:19 PM IST

Govt capital expenditure drags down growth in investment, shows NSO data

An investment share above 30 per cent is considered important for driving economic growth

Govt capital expenditure drags down growth in investment, shows NSO data
Updated On : 29 Nov 2024 | 11:36 PM IST

Core sector growth at 3-month high, but remains subdued at 3.1% in Oct

On the other hand, the output of crude oil (-4.8 per cent) and natural gas (-1.2 per cent) contracted during the month

Core sector growth at 3-month high, but remains subdued at 3.1% in Oct
Updated On : 29 Nov 2024 | 11:27 PM IST

New GDP and CPI series likely to kick in from February 2026: Mospi

Saurabh Garg further added that the ministry is also looking for ways to tap alternative data sources, like night lights data and e-commerce prices, for its surveys

New GDP and CPI series likely to kick in from February 2026: Mospi
Updated On : 29 Nov 2024 | 10:02 PM IST