Powered by: Motilal Oswal

News

Market Outlook Stock Market Economy News Industry News Commodity Top News Currency Top News Expert Views Women Wealth Motilal Research Center Motilal Long Term Motilal Short Term Motilal Sector Stocks Mutual Fund Top News Pre-Budget Expectation World Market More News World Top News Stock On The Move IPO Analysis Broking Firm Views - Long Term Report Broking Firm Views - Sector Report Broking Firm Views - Short Term Report Beyond Market Car Beyond Market Entertainment Beyond Market Fashion Beyond Market Gadgets Beyond Market Health Beyond Market India Beyond Market Life Style Beyond Market Sports IPO Reports Special Event Reports
GST one of India`s biggest success stories in a decade: Surjit Bhalla India’s Goods and Services Tax (GST) system has emerged as one of the biggest success stories in the last decade, reflecting a growing formal economy and rising compliance, noted economist and former IMF Executive Director, Dr Surjit Bhalla, said on Tuesday.  In an exclusive interaction with IANS, Bhalla highlighted that GST has not only increased tax revenue significantly but has also brought more businesses and individuals under the formal tax net. "The GST has perform...
GST one of India`s biggest success stories in a decade: Surjit Bhalla
GST one of India`s biggest success stories in a decade: Surjit Bhalla
Source: IANS
2025-07-02 10:09:46 am
GST collections rise 6.2 pc to touch Rs 1.85 lakh crore in June India’s Goods and Services Tax (GST) collection rose to Rs 1.85 lakh crore during June this year, marking a 6.2 per cent increase compared to the same month of the previous year, according to official data released on Tuesday.  Although collections registered a robust growth to remain above Rs 1.8 lakh crore, they were lower than the all-time high of Rs 2.37 lakh crore recorded in April and Rs 2.01 lakh crore in May. As GST completes 8 years of its rollout on Tuesday, the gov...
GST collections rise 6.2 pc to touch Rs 1.85 lakh crore in June
GST collections rise 6.2 pc to touch Rs 1.85 lakh crore in June
Source: IANS
2025-07-02 09:58:33 am
The Economy Observer : IIP growth at a nine-month low in May`25 by Motilal Oswal Financial Services Ltd IIP growth at a nine-month low in May’25 Mainly led by a slowdown in the mining and electricity sectors * Industrial output grew at a nine-month low of 1.2% YoY in May’25 (vs. 2.6%/6.3% in Apr’25/May’24). The deceleration in industrial output was mainly led by a contraction in the mining and electricity sectors (worst in 59 months). Mining output shrank 0.1% in May’25 while electricity output contracted 5.8%. (Exhibits 1 and 2). * At the same time, manuf...
The Economy Observer : IIP growth at a nine-month low in May`25 by Motilal Oswal Financial Services Ltd
The Economy Observer : IIP growth at a nine-month low in May`25 by Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial services Ltd
2025-07-02 09:41:11 am
GST has reshaped India`s economic landscape, says PM Narendra Modi Prime Minister Narendra Modi on Tuesday said that eight years have passed since GST was introduced, and it stands out as a landmark reform that has reshaped India’s economic landscape.  "By reducing the compliance burden, it has greatly improved the Ease of Doing Business, particularly for small and medium enterprises", PM Modi stated. "GST has also served as a powerful engine for economic growth, while fostering true cooperative federalism by making states equ...
GST has reshaped India`s economic landscape, says PM Narendra Modi
GST has reshaped India`s economic landscape, says PM Narendra Modi
Source: IANS
2025-07-01 06:29:29 pm
GST enhanced taxpayer base, Ease of Doing Business in India: Economist The Goods and Services Tax (GST) has been one of the most significant reforms undertaken in India over the past decade, Dr. Manoranjan Sharma, Chief Economist at Infomerics Ratings, said on Tuesday.  According to him, GST has not only expanded the country’s taxpayer base but also made doing business considerably easier compared to earlier times. In a conversation with IANS, Sharma said, "Over the last ten years, India has witnessed several important structural changes, a...
GST enhanced taxpayer base, Ease of Doing Business in India: Economist
GST enhanced taxpayer base, Ease of Doing Business in India: Economist
Source: IANS
2025-07-01 06:23:46 pm
India marching towards inclusive growth despite global uncertainties: HUL Chairman Despite global uncertainties, the Indian economy is moving steadily towards sustainable and inclusive growth, Hindustan Unilever (HUL) Chairman Nitin Paranjpe has said.  Paranjpe said that although the world is facing confusion and instability, India continues to grow with confidence. “We are building capabilities to meet the needs of a changing and ambitious India. At the same time, we are making sure that this growth is environmentally friendly and includes everyone,”...
India marching towards inclusive growth despite global uncertainties: HUL Chairman
India marching towards inclusive growth despite global uncertainties: HUL Chairman
Source: IANS
2025-07-01 05:44:24 pm
SBI`s balance sheet size bigger than GDP of 175 countries: Data The State Bank of India (SBI) currently adds 1.1 per cent of global GDP and 16 per cent of India's GDP, the nation's largest bank said on Tuesday, adding that in all the government-sponsored social security schemes implementation, the bank now holds more than 25 per cent share.  In the Pradhan Mantri Jan-Dhan Yojana (PMJDY), the SBI has opened 15 crore accounts, has enrolled 14.6 crore people under the Pradhan Mantri Suraksha Bima Yojana (PMSBY), 6.7 crore under the Pradhan Ma...
SBI`s balance sheet size bigger than GDP of 175 countries: Data
SBI`s balance sheet size bigger than GDP of 175 countries: Data
Source: IANS
2025-07-01 05:35:58 pm
India, US may sign interim trade agreement this week India is on course to finalise an interim trade agreement with the US as early as this week to escape the tariff hike on its exports proposed by President Donald Trump, according to a report in the Financial Times.   India's negotiating team, led by Special Secretary Rajesh Agarwal, is engaged in high-level talks in Washington to conclude the bilateral trade agreement. External Affairs Minister S Jaishankar is expected to hold one-on-one talks with his US counterpart Marco R...
India, US may sign interim trade agreement this week
India, US may sign interim trade agreement this week
Source: IANS
2025-07-01 05:32:08 pm
Quote on GST Day by Karthik Mani, Partner – Indirect Tax, BDO India Below the Quote on GST Day by Karthik Mani, Partner – Indirect Tax, BDO India    "Beyond any doubts, implementation of GST in India is one of the key taxation reforms that not only changed the way business manage their taxes but also helped business to adopt technology and improve efficiencies. From multiple State level tax system to a unified tax law, the GST law has grown from ~ Rs.7.19 lakh crore in FY 2017-18 (for 9 months) to Rs. 22.08 lakh crore in FY 202...
Quote on GST Day by Karthik Mani, Partner – Indirect Tax, BDO India
Quote on GST Day by Karthik Mani, Partner – Indirect Tax, BDO India
Source: BDO India
2025-07-01 05:24:44 pm
Economy Update : External sector balances remain benign; capital flows key by Kotak Institutional Equities External sector balances remain benign; capital flows key The 4QFY25 current account balance improved to a surplus of US$13.5 bn (1.3% of GDP), led by the narrowing of goods trade deficit and a robust invisibles surplus. Capital flows remain weak. We maintain our FY2026E CAD/GDP at 1% (0.6% in FY2025). We pencil in USD-INR to average around 86.1 in FY2026E. Current account moved to surplus in 4QFY25 The 4QFY25 current account moved to a surplus of US$13.5 bn (1.3% of GDP) compared wi...
Economy Update : External sector balances remain benign; capital flows key by Kotak Institutional Equities
Economy Update : External sector balances remain benign; capital flows key by Kotak Institutional Equities
Source: Kotak Institutional Equities
2025-07-01 04:27:04 pm
Perspective on Breaking down the FYTD surge in Centre`s capex by Ms. Madhavi Arora, Chief Economist, Emkay Global Financial Services Below the Perspective on Breaking down the FYTD surge in Centre`s capex by Ms. Madhavi Arora, Chief Economist, Emkay Global Financial Services   Breaking down the FYTD surge in Centre’s capex * The Centre’s May-25 fiscal data shows capex at Rs2.2trn for FY26TD – reflecting staggering growth of 54% YoY! While prima facie, this indicates heavy frontloading of capex by the Centre in FY26 (vs the election-led slower capex in 1HFY25), a deeper dive i...
Perspective on Breaking down the FYTD surge in Centre`s capex by Ms. Madhavi Arora, Chief Economist, Emkay Global Financial Services
Perspective on Breaking down the FYTD surge in Centre`s capex by Ms. Madhavi Arora, Chief Economist, Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
2025-07-01 03:51:59 pm
Global Economy Update June 2025 by CareEdge Ratings Strait of Hormuz: A Critical Choke Point * Despite the current ceasefire, the conflict in the Middle-east region remains a key monitorable. Oil flow through the Strait of Hormuz accounts for about 25% of global seaborne oil trade and 20% of global oil and petroleum product consumption. * Saudi Arabia and the UAE are key oil transporters through the Strait. However, they also have developed alternative infrastructure to bypass it and mitigate short-term disruptions, if tensions escal...
Global Economy Update June 2025 by CareEdge Ratings
Global Economy Update June 2025 by CareEdge Ratings
Source: CareEdge Ratings
2025-07-01 02:15:00 pm
Deposit Growth Continues to Outpace Credit Offtake; CD Ratio Remains Below 80% by CareEdge Ratings Synopsis * Credit offtake and deposit growth have cooled, with deposit growth continuing to outpace credit offtake in the current fortnight. * As of June 13, 2025, credit offtake reached Rs 183.1 lakh crore, marking an increase of 9.6% year-onyear (y-o-y), significantly slower than last year’s rate of 15.5% (excluding merger impact). The slowdown can be attributed to a high base effect and muted growth across segments, including retail. * Deposits rose 10.4% y-o-y, totalling Rs...
Deposit Growth Continues to Outpace Credit Offtake; CD Ratio Remains Below 80% by CareEdge Ratings
Deposit Growth Continues to Outpace Credit Offtake; CD Ratio Remains Below 80% by CareEdge Ratings
Source: CareEdge Ratings
2025-07-01 01:49:55 pm
IIP Growth Moderated to 1.2% in May 25 by CareEdge Ratings As expected, growth in India’s industrial production eased to a 9-month low of 1.2% in May. The moderation was led by a slowdown in manufacturing growth, coupled with contraction in both the mining and electricity sectors. On the consumption front, weakness in consumer non-durable goods output continued, while growth in consumer durables turned negative after recording encouraging growth in the preceding months. Overall, a pickup in consumption remains crucial for industrial performance...
IIP Growth Moderated to 1.2% in May 25 by CareEdge Ratings
IIP Growth Moderated to 1.2% in May 25 by CareEdge Ratings
Source: CareEdge Ratings
2025-07-01 01:00:20 pm
Digital India has become a people`s movement: FM Nirmala Sitharaman Digital India has not remained a mere government programme but has also become a people’s movement, Finance Minister Nirmala Sitharaman said on Tuesday.  In a post on X, she said 'Digital India' is central to building an 'Aatmanirbhar Bharat', and to making India a trusted innovation partner to the world. “From bringing internet access to remote corners of the country to making government services available online, the 'Digital India' initiative ...
Digital India has become a people`s movement: FM Nirmala Sitharaman
Digital India has become a people`s movement: FM Nirmala Sitharaman
Source: IANS
2025-07-01 12:26:59 pm
Critical minerals and defence ties in focus as PM Nrendra Modi visits Argentina this week Prime Minister Narendra Modi's visit to Argentina this week comes at a particularly significant time as the South American nation is undertaking major economic reforms somewhat similar to those India went through in the past, the Ministry of External Affairs (MEA) said on Monday.  PM Modi will travel to Argentina on an official visit from July 4-5, at the invitation of country's President Javier Milei. This would be the third leg of his five-nation visit, following visits t...
Critical minerals and defence ties in focus as PM Nrendra Modi visits Argentina this week
Critical minerals and defence ties in focus as PM Nrendra Modi visits Argentina this week
Source: IANS
2025-07-01 11:21:22 am
Government earnings up to May stand at 21 pc of total receipts in Budget Estimate for 2025-26 The Central government has received Rs 7,32,963 crore up to May in the current financial year, which is 21 per cent of the total receipts of the corresponding budget estimate for 2025-26 and reflects the strong fiscal position of the country, according to figures released by the Finance Ministry on Monday.  The receipts comprise Rs 3,50,862 crore tax revenue (net to Centre), Rs 3,56,877 crore of non-tax revenue, and Rs 25,224 crore of non-debt capital receipts. The Centre has trans...
Government earnings up to May stand at 21 pc of total receipts in Budget Estimate for 2025-26
Government earnings up to May stand at 21 pc of total receipts in Budget Estimate for 2025-26
Source: IANS
2025-07-01 10:40:56 am
Total area sown under kharif crop crosses 262.15 lakh hectares so far The area under the ongoing kharif crop sowing has increased to 262.15 lakh hectares so far this year, which represents an 11.3 per cent increase compared to 235.44 lakh hectares in the same period last year, data released by the Ministry of Agriculture and Farmers Welfare on Monday showed.  The increase of 26.71 lakh hectares in sown area in the early part of the season augurs well for higher production, which in turn would increase the incomes of farmers and also help to keep food in...
Total area sown under kharif crop crosses 262.15 lakh hectares so far
Total area sown under kharif crop crosses 262.15 lakh hectares so far
Source: IANS
2025-07-01 10:37:20 am
India and Namibia to deepen bilateral ties, economic cooperation during PM Narendra Modi`s visit Prime Minister Narendra Modi's forthcoming visit to Namibia, the first since Namibian President Netumbo Nandi Ndaitwah assumed office, is a significant step towards renewing the bilateral ties and deepening economic engagement between both nations, the Ministry of External Affairs (MEA) said on Monday  This will be the first visit of Prime Minister Modi to Namibia, and the third-ever Prime Ministerial visit from India to Namibia. This is also the first bilateral State Visit tha...
India and Namibia to deepen bilateral ties, economic cooperation during PM Narendra Modi`s visit
India and Namibia to deepen bilateral ties, economic cooperation during PM Narendra Modi`s visit
Source: IANS
2025-07-01 10:28:58 am
Indian economy remains a key driver of global growth: RBI Despite an uncertain and challenging global economic backdrop, the Indian economy remains a key driver of global growth, underpinned by sound macroeconomic fundamentals and prudent macroeconomic policies, the Reserve Bank of India (RBI) said on Monday.  The Reserve Bank, in the June 2025 issue of its 'Financial Stability Report (FSR)', said that elevated economic and trade policy uncertainties are testing the resilience of the global economy and the financial system. &ldquo...
Indian economy remains a key driver of global growth: RBI
Indian economy remains a key driver of global growth: RBI
Source: IANS
2025-07-01 09:59:09 am
Perspective on IIP Data by Ms. Rajani Sinha, Chief Economist, CareEdge Ratings Below the Perspective on IIP Data by Ms. Rajani Sinha, Chief Economist, CareEdge Ratings    “As expected, growth in India’s industrial production moderated to a 9-month low of 1.2% in May. Slowdown in manufacturing growth along with contraction in both the mining and electricity sectors dragged down the overall IIP growth. From the consumption perspective, weakness in output of consumer non-durable goods has persisted. Moreover, growth in consumer durables has...
Perspective on IIP Data by Ms. Rajani Sinha, Chief Economist, CareEdge Ratings
Perspective on IIP Data by Ms. Rajani Sinha, Chief Economist, CareEdge Ratings
Source: CareEdge Ratings
2025-07-01 09:51:27 am
Quote on IIP Data by Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP Below the Quote on IIP Data by Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP   “The May 2025 IIP growth of 1.2%, down from 2.7% in April and below market expectations, underscores the uneven nature of India’s industrial recovery. While capital goods and infrastructure segments continue to show encouraging investment-led momentum, persistent contraction in electricity output, consumer non-durables, and select manufacturing segments...
Quote on IIP Data by Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP
Quote on IIP Data by Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP
Source: MP Financial Advisory Services LLP
2025-07-01 09:49:28 am
India`s GST collection hits record Rs 22.08 lakh crore in FY25, rises 9.4 pc India’s Goods and Services Tax (GST) collection for the financial year 2024–25 touched a record high of Rs 22.08 lakh crore, marking a 9.4 per cent increase compared with the previous year, the government announced on Monday.  The average monthly collection for the year stood at Rs 1.84 lakh crore. The government highlighted that GST revenues have more than doubled in just five years. In 2020–21, the total collection was Rs 11.37 lakh crore, with an average monthl...
India`s GST collection hits record Rs 22.08 lakh crore in FY25, rises 9.4 pc
India`s GST collection hits record Rs 22.08 lakh crore in FY25, rises 9.4 pc
Source: IANS
2025-07-01 09:41:47 am
Economic agenda to dominate PM Narendra Modi`s historic two-day Ghana visit Economic agenda will dominate Prime Minister Narendra Modi's upcoming visit to Ghana, one of the fastest-growing economies in West Africa, the Ministry of External Affairs (MEA) announced on Monday.  The African nation will be the first stop on PM Modi's five-nation visit, starting July 2 followed by Trinidad and Tobago, Argentina, Brazil and Namibia. The July 2-3 visit will be Prime Minister Modi's first ever bilateral visit to Ghana and the first Prime Ministerial vis...
Economic agenda to dominate PM Narendra Modi`s historic two-day Ghana visit
Economic agenda to dominate PM Narendra Modi`s historic two-day Ghana visit
Source: IANS
2025-07-01 09:31:47 am
1st phase of India`s Deep Ocean Mission on track for sea trials in early 2026: Minister Union Minister Dr Jitendra Singh on Monday said the first phase of India’s Deep Ocean Mission is on track for sea trials in early 2026.  By 2027, India aims to have a robust presence beneath the ocean surface, driven by indigenous technology, Dr Singh told Puducherry Lieutenant Governor K. Kailashnathan during a meeting. The meeting was held to discuss a comprehensive action plan for coastal cleaning, creation of a permanent coastal management mechanism, exploration of seabed...
1st phase of India`s Deep Ocean Mission on track for sea trials in early 2026: Minister
1st phase of India`s Deep Ocean Mission on track for sea trials in early 2026: Minister
Source: IANS
2025-06-30 06:31:22 pm
Perspective on IIP data by Ms. Rajani Sinha, Chief Economist, CareEdge Below the Perspective on IIP data by Ms. Rajani Sinha, Chief Economist, CareEdge     “As expected, growth in India’s industrial production moderated to a 9-month low of 1.2% in May. Slowdown in manufacturing growth along with contraction in both the mining and electricity sectors dragged down the overall IIP growth. From the consumption perspective, weakness in output of consumer non-durable goods has persisted. Moreover, growth in consumer durables has sli...
Perspective on IIP data by Ms. Rajani Sinha, Chief Economist, CareEdge
Perspective on IIP data by Ms. Rajani Sinha, Chief Economist, CareEdge
Source: CareEdge
2025-06-30 05:37:21 pm
The Economy Observer : Current account moves into a surplus of 1.3% of GDP in 4QFY25... by Motilal Oswal Financial Services Ltd Current account moves into a surplus of 1.3% of GDP in 4QFY25... …led by an all-time high services trade surplus at 5.2% of GDP * India’s current account registered a surplus of USD13.5b (or 1.3% of GDP) in 4QFY25 vs. a deficit of USD11.3b (1.1% of GDP) in 3QFY25 and a surplus of USD4.6b (0.5% of GDP) in 4QFY24 (Exhibit 1). Consequently, India’s current account deficit stood at 0.6% of GDP in FY25, which is the lowest in the last four years (Exhibit 2). * The incre...
The Economy Observer : Current account moves into a surplus of 1.3% of GDP in 4QFY25... by Motilal Oswal Financial Services Ltd
The Economy Observer : Current account moves into a surplus of 1.3% of GDP in 4QFY25... by Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial services Ltd
2025-06-30 05:23:21 pm
GST enters 8th year after rollout with record collections, thumbs up from 85 pc taxpayers The Goods and Services Tax (GST), widely hailed as one of the biggest economic reforms in post-Independence India, will on Tuesday complete eight years of its success story, with collections soaring to a record Rs 22.08 lakh crore in 2024-25, marking a year-on-year growth of 9.4 per cent, with the number of taxpayers in its ambit surging past 1.51 crore.  Prime Minister Narendra Modi had called GST “a path-breaking legislation for New India” at its launch on July 1, 2017. ...
GST enters 8th year after rollout with record collections, thumbs up from 85 pc taxpayers
GST enters 8th year after rollout with record collections, thumbs up from 85 pc taxpayers
Source: IANS
2025-06-30 04:48:47 pm
Maharashtra DyCM Ajit Pawar presents supplementary demands worth Rs 57,509.71 crore Maharashtra Finance Minister and Deputy Chief Minister Ajit Pawar on Monday presented supplementary demands worth Rs 57,509.71 crore for the financial year 2025-26 on the first day of the Monsoon Session of the Legislature.  This comes amid reported constraints over the availability of adequate funds due to the ballooning fiscal and revenue deficits and mounting public debt. Of the Rs 57,509.71 crore, the allocation of Rs 19,183.85 crore has been made for committed expenditure and ...
Maharashtra DyCM Ajit Pawar presents supplementary demands worth Rs 57,509.71 crore
Maharashtra DyCM Ajit Pawar presents supplementary demands worth Rs 57,509.71 crore
Source: IANS
2025-06-30 04:12:40 pm
Finance Minister Sitharaman begins Spain, Portugal and Brazil visit to showcase India`s growth story Union Finance Minister Nirmala Sitharaman began an official visit to Spain, Portugal and Brazil from Monday to July 5 (Saturday), the Ministry said on Monday. She is leading the Indian delegation from the Department of Economic Affairs under the Ministry of Finance. As part of her visit to Seville, Spain, the Finance Minister will attend the fourth International Conference on Financing for Development (FFD4), organised by the United Nations, and deliver a statement on behalf of India. ...
Finance Minister Sitharaman begins Spain, Portugal and Brazil visit to showcase India`s growth story
Finance Minister Sitharaman begins Spain, Portugal and Brazil visit to showcase India`s growth story
Source: IANS
2025-06-30 02:13:47 pm
India Economics : Weekly round-up of macro-economic events by JM Financial Services THIS WEEK'S HIGHLIGHTS * In the week that passed, China officially confirmed the broad details of the framework of the trade deal with US. China is expected to review and approve items under export controls while US will uplift restrictive measures. Top priority for US here has been to ensure the supply of the rare earths. * Trump also hinted on reaching an agreement on the trade deal with India. However he indicated that as trade deals with every country would not be possible, lett...
India Economics : Weekly round-up of macro-economic events by JM Financial Services
India Economics : Weekly round-up of macro-economic events by JM Financial Services
Source: JM Financial Services
2025-06-30 12:36:21 pm
Cement industry registers 9% volume growth in May 2025: ICRA Rating agency ICRA in its latest report has said that the cement industry has registered a 9 per cent volume growth in May 2025 at 39.6 million metric tonnes (MT), while the average cement prices also increased by 8 per cent. The cement industry, which is facing a lower sales realisation, also reported a price growth of 8 per cent to Rs 360 per 50 kg bag in May 2025. Moreover, it said there is also improvement in operating margins, led by stable input costs as energy prices of coal and petcok...
Cement industry registers 9% volume growth in May 2025: ICRA
Cement industry registers 9% volume growth in May 2025: ICRA
Source: Accord Fintech
2025-06-30 12:31:43 pm
Sugar production likely to rise 15% to 35 MMT in sugar season 2025-26 with favourable monsoon: Crisil Crisil Ratings in its report has indicated that India's gross sugar production is likely to rise 15 per cent in sugar season 2025-26 to about 35 million tonnes (MMT), supported by above-average monsoon, boosting cane acreage and yields in key sugar-producing states like Maharashtra and Karnataka. It added that the growth is expected to ease tightness in the domestic supply and has the potential to boost ethanol diversion and revive exports with appropriate policy support. In fiscal 2026, ...
Sugar production likely to rise 15% to 35 MMT in sugar season 2025-26 with favourable monsoon: Crisil
Sugar production likely to rise 15% to 35 MMT in sugar season 2025-26 with favourable monsoon: Crisil
Source: Accord Fintech
2025-06-30 12:26:37 pm
India`s external debt increases by 10% to $736.3 billion at the end of March 2025: RBI The Reserve Bank of India (RBI) has said that India's external debt increased by 10 per cent to $736.3 billion at the end of March 2025 compared to $668.8 billion in the year-ago period. As a percentage of the GDP, the external debt increased to 19.1 per cent at the end of the recently concluded financial year (FY25) from 18.5 per cent a year ago. In a year which saw some volatilities in the currency markets, the RBI said the valuation effect due to the appreciation of the US dollar again...
India`s external debt increases by 10% to $736.3 billion at the end of March 2025: RBI
India`s external debt increases by 10% to $736.3 billion at the end of March 2025: RBI
Source: Accord Fintech
2025-06-30 12:23:31 pm
India will continue to be fastest growing economy, even perform better: FM Nirmala Sitharaman India will continue to be the fastest-growing economy at the current rate of growth — or even better — and with the monsoon being good, agriculture will definitely come up with a more positive number, Finance Minister Nirmala Sitharaman said on Monday.  The GDP growth accelerated to a robust 7.4 per cent in the fourth quarter of 2024-25, as result of which the growth rate for the full financial year works out to 6.5 per cent on the back of a strong performance of the agric...
India will continue to be fastest growing economy, even perform better: FM Nirmala Sitharaman
India will continue to be fastest growing economy, even perform better: FM Nirmala Sitharaman
Source: IANS
2025-06-30 12:15:11 pm
Inflation to average 3.2 pc in FY26, to boost mass consumption Supported by favourable weather conditions, inflation is projected to average 2.5 per cent over the next six months. According to an HSBC report released on Monday, a high base effect from the past three years, coupled with robust cereal production, is expected to keep food inflation in India subdued for an extended period.  Core inflation, too, remains contained, led by a stronger Indian rupee, falling commodity prices, imported disinflation from China, and softer growth than a year ...
Inflation to average 3.2 pc in FY26, to boost mass consumption
Inflation to average 3.2 pc in FY26, to boost mass consumption
Source: IANS
2025-06-30 11:34:10 am
More Indians now invest in equities as financialization of household savings rises: SBI The financialization of household savings in India has gained significant momentum as equities as percentage of household savings in the country has increased from 2.5 per cent in FY20 to 5.1 per cent in FY24, an SBI Research report said on Monday.  The Indian credit market is witnessing some structural shifts with headline bank credit growth. Thus, arithmetic average possibly hiding more things than it reveals, the report mentioned. In future, sources of credit origination through...
More Indians now invest in equities as financialization of household savings rises: SBI
More Indians now invest in equities as financialization of household savings rises: SBI
Source: IANS
2025-06-30 10:52:34 am
Ethanol blending boosts farmers` income, saves Rs 1.36 lakh crore in forex: Hardeep Puri India’s ethanol blending programme has not only reduced the country's dependence on crude oil imports but also significantly boosted farmers' income, Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, said on Sunday.  The Union Minister said that over the past 11 years, the government has paid more than Rs 1.18 lakh crore to farmers under the ethanol blending programme. He added that the initiative has helped India save foreign exchange worth Rs 1.36 la...
Ethanol blending boosts farmers` income, saves Rs 1.36 lakh crore in forex: Hardeep Puri
Ethanol blending boosts farmers` income, saves Rs 1.36 lakh crore in forex: Hardeep Puri
Source: IANS
2025-06-29 06:12:41 pm
Economy : CEO’s Desk: Monetary Policy - Seismic shift under way By Emkay Global Financial Services Ltd After a long time, we have in Sanjay Malhotra—current RBI Governor—an intellectual with a flair for data, and one who comes with a firm pro-growth ideology. And this is what sets him apart. Leaders with conviction in their ideology will lead their team, while the others will instead be led by their team. Indeed, in the one-hour press conference, there were only about two questions that Malhotra passed to the Deputy Governor to answer, while fielding all queries with clarity and ea...
Economy : CEO’s Desk: Monetary Policy - Seismic shift under way By Emkay Global Financial Services Ltd
Economy : CEO’s Desk: Monetary Policy - Seismic shift under way By Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services
2025-06-29 12:36:45 pm
Economic Update : RBI Annual Accounts : Strong foreign income drives yet another record dividend By Emkay Global Financial Services Ltd The bumper RBI dividend of Rs2.7trn was on account of higher foreign interest income and gains on heavy FX sales, even as provisions rose marginally. Higher income allowed the RBI to raise the Contingent Risk Buffer to 7.5% of the balance sheet (BS) even as it maintained a healthy dividend. Balance sheet growth of ~8% was led by higher gold holdings and heavy OMOs in 4Q. The additional fiscal buffer of ~0.15% of GDP will not change the Centre’s fiscal math; we maintain FY26E FD/GDP at 4...
Economic Update : RBI Annual Accounts : Strong foreign income drives yet another record dividend By Emkay Global Financial Services Ltd
Economic Update : RBI Annual Accounts : Strong foreign income drives yet another record dividend By Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services
2025-06-29 12:23:33 pm
Economic : Focus on supporting growth, accelerating transmission By Emkay Global Financial Services Ltd The June MPC meeting minutes provided clarity on the triple surprise of frontloaded easing, CRR cut and stance reversion. Members were unanimous in citing the lower inflation forecast for opening the monetary policy space to act, while the argument for frontloading was underpinned by the need to support growth amid global uncertainty, as well as to hasten the transmission of easing. The stance reversion to ‘neutral’ was to avoid unnecessary market assumptions of further heavy easi...
Economic : Focus on supporting growth, accelerating transmission By Emkay Global Financial Services Ltd
Economic : Focus on supporting growth, accelerating transmission By Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services
2025-06-29 11:01:14 am
Over 130 UK GCCs in India generate $6.5 billion annually, employ 2 lakh people: Over 130 UK Global Capability Centres (GCCs) have been set up in India (as of FY24) — making them the second-largest GCC cohort in India after the US  which are generating $6.5 billion in annual value, according to a new report.  These 130 GCCS by UK companies in India employ more than 200,000 professionals, according to the report by global consulting firm Zinnov. This workforce supports operations across financial services, software, engineering, media, and retail sect...
Over 130 UK GCCs in India generate $6.5 billion annually, employ 2 lakh people:
Over 130 UK GCCs in India generate $6.5 billion annually, employ 2 lakh people:
Source: IANS
2025-06-29 10:27:32 am
Centre to strengthen mining infrastructure in North East states: G. Kishan Reddy Union Minister for Coal and Mines G. Kishan Reddy reaffirmed the Central Government's full support to the mineral and coal-rich North Eastern states at a Mining Ministers’ Conclave held here on Saturday.   Addressing the gathering on the second day of the event, the Minister highlighted the Centre’s commitment to strengthening mining infrastructure, fast-track project approvals, and promoting sustainable mining practices in the region. He stated that the development...
Centre to strengthen mining infrastructure in North East states: G. Kishan Reddy
Centre to strengthen mining infrastructure in North East states: G. Kishan Reddy
Source: IANS
2025-06-29 09:16:14 am
Social media, food delivery apps transforming food culture in urban India: IIT Guwahati study  The rise of social media combined with food delivery apps is significantly changing food practices and consumption patterns in urban India, according to an interesting study by Indian Institute of Technology Guwahati researchers on Saturday.  The study explored how the digitisation of food influences consumer behaviour while simultaneously changing social dynamics such as class, caste, and labour. The findings, published in the prestigious Sociological Bulletin (SAGE Publications) ...
Social media, food delivery apps transforming food culture in urban India: IIT Guwahati study 
Social media, food delivery apps transforming food culture in urban India: IIT Guwahati study 
Source: IANS
2025-06-28 05:19:14 pm
India's listed corporates clock acceleration in sales growth for 2024-25 India's listed private sector non-financial companies recorded a stronger growth momentum in sales at 7.2 per cent during the financial year 2024-25 compared to 4.7 per cent in the previous year, according to the latest data released by the RBI. Sales of manufacturing sector companies rose by 6.0 per cent in FY25, compared to a 3.5 per cent growth in the previous year, led by the automobile, electrical machinery, food and beverages, and pharmaceutical industries, according to an RBI st...
India's listed corporates clock acceleration in sales growth for 2024-25
India's listed corporates clock acceleration in sales growth for 2024-25
Source: IANS
2025-06-28 12:41:31 pm
New biomass guidelines to boost bio-energy, ease of doing business  In a bid to promote cleaner energy solutions, ease of doing business and accelerate the adoption of biomass technologies across the country, the government on Saturday issued revised guidelines for the biomass programme.  The new norms have been released under Phase-I of the National Bioenergy Programme, applicable for the period FY 2021–22 to 2025–26. Under the new framework, the Ministry of New and Renewable Energy (MNRE) has simplified several processes, such a...
New biomass guidelines to boost bio-energy, ease of doing business
New biomass guidelines to boost bio-energy, ease of doing business
Source: IANS
2025-06-28 11:19:48 am
Net claims of non-residents on India declined by $34.2 billion in Q4 FY25: RBI Net claims of non-residents on India declined by $34.2 billion during the January-March quarter of FY25 to $330 billion, the RBI data showed on Friday.  Higher rise in Indian residents’ overseas financial assets ($60.0 billion) as compared to that in the foreign-owned assets in India ($25.8 billion) led to the decline in net claims of non-residents during the quarter, according to data relating to India’s International Investment Position for end-March 2025. “Incr...
Net claims of non-residents on India declined by $34.2 billion in Q4 FY25: RBI
Net claims of non-residents on India declined by $34.2 billion in Q4 FY25: RBI
Source: IANS
2025-06-28 11:05:33 am
Key financial changes coming in July: From Aadhaar-PAN rule to new bank charges  From July, several important financial changes will come into effect, directly impacting individual taxpayers and bank customers.  These include a new Aadhaar verification rule for PAN applications, an extended deadline for income tax return filing, and revised charges on credit cards and banking services by leading banks like SBI, HDFC Bank, and ICICI Bank. Starting July 1, individuals applying for a new PAN card will have to undergo mandatory Aadhaar verification. This n...
Key financial changes coming in July: From Aadhaar-PAN rule to new bank charges
Key financial changes coming in July: From Aadhaar-PAN rule to new bank charges
Source: IANS
2025-06-28 11:03:11 am