gdp growth economy economic

The forward-looking policy bias might create room to lower rates in early 2025

India's economy: Extended tight monetary policy may curb growth further

Business Standard

One minus is that aggregate private sector capex participation will lag, barring few sectoral pockets

India's Q3 GDP numbers: Testing growth guardrails

As the August monetary policy review approaches, there is a near-unanimity that another interest rate cut is not on the cards. Worries over a weak monsoon, direction of commodity prices, the government's reform measures and external developments will keep the Reserve Bank of India (RBI) cautious.While the central bank closely watches consumer price index (CPI) trends, there is a renewed debate over whether it is prudent to be solely over-reliant on the most representative inflation indicator, the CPI. This dilemma stems from the divergence in the CPI-based inflation, wholesale price index (WPI) and gross domestic product (GDP) deflator over the past two-three quarters.All three indices have eased from last year's levels, with CPI-based inflation bouncing off lows to above five per cent year-on-year (y-o-y) in June. By contrast, WPI-based inflation has been in negative for eight successive months while the GDP deflator fell to a fresh low at 0.2 per cent y-o-y in the March 2015 quarter

Inflation debate will not deter price stability goal

Radhika Rao

With a majority of RBI's pre-conditions fulfilled, the central bank has little justification to hike rates on Jan 28

RBI to pause, but not abandon caution

Taxpayers who are resident and 'ordinarily resident' have to disclose their offshore accounts and assets

ITR filing

The company's board approved stock split on November 28, 2024 and decided to split 1 share having face value of Rs 10 each be sub-divided / split into 10 shares having face value of Rs 1

Gold, Gold jewellery

A 55-year-old man, who was among the several persons injured in the BEST bus accident in Kurla area here, died on Monday morning, taking the death toll to eight, a civic official said.
The electric bus, hired by the civic-run Brihanmumbai Electric Supply and Transport (BEST) undertaking on wet-lease basis, ploughed into a crowd and fatally knocked down seven persons and injured 42 others on a crowded road in Kurla area on December 9.
Several vehicles were also damaged in the incident.
One of the injured persons, identified as Fazlu Rehman, died during treatment at the Sion Hospital on Monday morning, the official from the Brihanmumbai Municipal Corporation (BMC) said.
BEST has set up a five-member committee to investigate the Kurla accident.
Driver Sanjay More (54) is in police custody for alleged reckless driving.
In a statement issued last week, BEST said a committee, headed by Chief Manager (Transport) Ramesh Madavi, will investigate the accident.
It also said that BEST would

Bus Crash, Mumbai Bus Crash, Mumbai Bus rammed, Mumbai Accident, Bus Accident

Wockhardt stock gained 10% to touch Rs 1,536.40; it has outperformed the market by zooming 262% thus far in calendar year 2024, as compared to the 13% rise in the BSE Sensex

Wockhardt

A constitutional amendment bill for holding Lok Sabha and assembly elections simultaneously is likely to be introduced in Parliament on Tuesday and could be referred to a joint committee of the two Houses.
A top government functionary said the Constitution (One Hundred and Twenty-Ninth Amendment) Bill, 2024, popularly being referred to as the Bill on "one nation, one election", was expected to be introduced by Union Law Minister Arjun Ram Meghwal.
After its introduction, Meghwal will request Lok Sabha Speaker Om Birla to refer the Bill to a Joint Committee of Parliament for wider consultations.
The joint panel will be constituted on a pro-rata basis, based on the strength of MPs of various parties.
As the largest party, the BJP will get chairmanship of the committee, besides several members, the functionary said.
Union Home Minister Amit Shah, who was a member of the high-level committee led by former president Ram Nath Kovind that recommended holding Lok Sabha, state assembly and

Parliament, New Parliament

You have come at a time when the growth-inflation dynamics is changing and the rupee is under pressure

Sanjay Malhotra

RCap subsidiaries to get listed by mid-2026, 2027

reliance capital

Stocks to Buy for upside: We can see a Cup and Handle breakout in Bharti Airtel share price, further strengthening the bullish outlook

Online trading, Trading (Photo: Shutterstock)

Review panel may submit report before FY26 Budget

FinMin unlikely to introduce new Income-Tax Bill in Budget session

Stocks to buy today: Jigar S Patel of Anand Rathi suggests initiating long positions in HDFC Bank share price in the 1,850-1,875 range, with an upside target of 2,050

HDFC Bank, HDFC

Stock market crash: The Indian stock market crashed heavily on Friday, with the BSE's Sensex dropping 1,207 points or 1.48 per cent to its intraday low of 80,082

bear market, stocks, sensex, nifty, loss, growth, crash, index

Goldman Sachs expects gold prices to reach $3,150 per ounce (bull-case scenario; base case: $3,000/oz) by December 2025, an upside of around 17 per cent from the current levels

Gold

Rahul Gandhi accused the government of being intent on privatizing even the profitable PSUs, alleging that national assets were being handed over to a 'select group of capitalists'

Rahul Gandhi, Rahul, congress leader

WhatsApp has enhanced video call quality and desktop calling, introduced selective calling in groups and new effects on the mobile and desktop app

Image: WhatsApp

The Supreme Court has urged judges to refrain from using social media, stressing the importance of impartiality and discipline in their roles

Radhika Rao

Radhika Rao

Radhika Rao

India's economy: Extended tight monetary policy may curb growth further

India's Q3 GDP numbers: Testing growth guardrails

Inflation debate will not deter price stability goal

RBI to pause, but not abandon caution

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Declaring foreign assets in tax returns form: What Indians must know

PC Jeweller shares hit 5% upper circuit today; why is stock in demand?

Kurla BEST bus accident: Another man succumbs to injuries, toll rises to 8

Why this pharma stock hit nearly 9-year high; froze at 10% upper circuit?

Bill on simultaneous elections likely to be introduced in LS on Dec 17

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