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
Strong cooperative structure vital for national progress, says Amit Shah Union Home Minister and Gandhinagar Member of Parliament Amit Shah addressed the Gujarat State Cooperative Union's Summit in Ahmedabad on Sunday, where he emphasised the crucial role of cooperation in India’s development journey.  He highlighted the importance of both the "science of cooperation" and the "science in cooperation", underlining that cooperative synergy is essential for the sector’s growth. HM Shah stressed that cooperation among coo...
Strong cooperative structure vital for national progress, says Amit Shah
Strong cooperative structure vital for national progress, says Amit Shah
Source: IANS
2025-05-18 04:51:04 pm
Square Yards Reports Record FY25 Results: Revenue Hits INR 1,410 Cr (USD 170 Mn) with EBITDA of INR 46 Cr, Sets Sights on 4–5x EBITDA Growth in FY26 Square Yards, India’s largest integrated real estate and mortgage platform, has announced its financial results for FY25, reporting a stellar revenue of INR 1,410 crore (USD 170 million) and EBITDA of INR 46 crore (USD 6 million) on the back of INR 316 crore (~ USD 38 million) gross profit. With these results, the company remains operating cash flow positive and continues its impressive growth trajectory, boasting a 4-year revenue CAGR of 51%. Key FY25 Highlights: *  Revenue ...
Square Yards Reports Record FY25 Results: Revenue Hits INR 1,410 Cr (USD 170 Mn) with EBITDA of INR 46 Cr, Sets Sights on 4–5x EBITDA Growth in FY26
Square Yards Reports Record FY25 Results: Revenue Hits INR 1,410 Cr (USD 170 Mn) with EBITDA of INR 46 Cr, Sets Sights on 4–5x EBITDA Growth in FY26
Source: PR Agency
2025-05-18 04:47:16 pm
The Economy Observer : GST Monitor: GST collections hit an all-time high... By Motilal Oswal Financial Services Ltd GST Monitor: GST collections hit an all-time high... ...and reach INR2.4t in Apr’25 * GST collections hit an all-time high of INR2.4t in Apr’25, reflecting year-end sales in Mar’25 (vs. INR1.96t in Mar’25 and INR2.1t in Apr’24). Collections grew 12.6% YoY in Apr’25 vs. a growth of 9.9% YoY in Mar’25 and 9.4% in FY25. The increase in Apr’25 GST collections YoY is mainly led by higher IGST collections (Exhibit 1). * In Apr’25, CGST ...
The Economy Observer : GST Monitor: GST collections hit an all-time high... By Motilal Oswal Financial Services Ltd
The Economy Observer : GST Monitor: GST collections hit an all-time high... By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial services Ltd
2025-05-18 11:20:41 am
Strategy: All is well (just don`t look at earnings and valuations) by Kotak Institutional Equities All is well (just don’t look at earnings and valuations) The Indian market may see a modest rally on de-escalation of the conflict between India and Pakistan over the weekend. We note that the market has gone up in the past few weeks, with the market looking through (1) near-term escalation in tensions and (2) US trade issues. 4QFY25 earnings have been muted, while valuations of most sectors and stocks continue to be rich. Indian markets wer...
Strategy: All is well (just don`t look at earnings and valuations) by Kotak Institutional Equities
Strategy: All is well (just don`t look at earnings and valuations) by Kotak Institutional Equities
Source: Kotak Institutional Equities
2025-05-18 11:15:17 am
Strategy: Thou shalt stay in the past! by Kotak Institutional Equity Thou shalt stay in the past! We remain hopeful that the market would be able to break the spell (or curse) of the 2010s decade with respect to their view of consumption stocks. The Street is still too enchanted with the past and is overlooking fundamental changes to the sector that warrant a different valuation framework and meaningfully lower multiples. 2020s decade could be very different from the 2010s decade In our view, the sluggish financial and operating performance of consump...
Strategy: Thou shalt stay in the past! by Kotak Institutional Equity
Strategy: Thou shalt stay in the past! by Kotak Institutional Equity
Source: Kotak Institutional Equities
2025-05-18 11:12:41 am
Economy Tracker: Markets update; IN Mar INR REER; IMF GDP forecasts; Feb RBI FX intervention; Apr RBI policy minutes; Mar core IIP by Kotak Institutional Equities Money market and bond market during the week *  Banking sector liquidity in India was at a surplus of Rs1 tn on April 24 compared to a surplus of Rs1.7 tn on April 16. The weighted average call rate (WACR) was at 5.85% on April 24 (5.76% on April 16). *  Government cash balances with the RBI (estimated) was at Rs(-)89 bn on April 18; lower than Rs(-)30 bn on April 11. *  Indian 1-year T-bill was at 5.93% on April 25 (5.94% on April 17). The Indian 5-year G-sec yiel...
Economy Tracker: Markets update; IN Mar INR REER; IMF GDP forecasts; Feb RBI FX intervention; Apr RBI policy minutes; Mar core IIP by Kotak Institutional Equities
Economy Tracker: Markets update; IN Mar INR REER; IMF GDP forecasts; Feb RBI FX intervention; Apr RBI policy minutes; Mar core IIP by Kotak Institutional Equities
Source: Kotak Institutional Equities
2025-05-18 10:54:59 am
Strategy: Complacency and optimism amid confusion by Kotak Institutional Equities The recent rebound in the market reflects some degree of complacency and optimism in the market with respect to global growth and domestic earnings. In our view, there is (1) still large uncertainty on key issues (global growth, tariff/trade, US dollar) that will shape global and domestic markets and (2) optimism on earnings in the market. Recent rebound in the market—complacency and optimism amid confusion We attribute the recent rebound in the market (see Exhibits 1-2) to s...
Strategy: Complacency and optimism amid confusion by Kotak Institutional Equities
Strategy: Complacency and optimism amid confusion by Kotak Institutional Equities
Source: Kotak Institutional Equities
2025-05-18 10:49:00 am
Centre sanctions 3.76 lakh more houses under PMAY-G for Assam In a big push for rural development in Assam, the Union government on Saturday announced the sanctioning of 3.76 lakh more houses for the state under the Pradhan Mantri Awas Yojana – Gramin (PMAY-G). The announcement was made by Union Minister for Agriculture, Farmers Welfare and Rural Development, Shivraj Singh Chouhan, during a virtual ‘Grihapravesh’ ceremony held in Guwahati to mark the completion of 55,000 houses under the same scheme. Speaking at the event, Chouha...
Centre sanctions 3.76 lakh more houses under PMAY-G for Assam
Centre sanctions 3.76 lakh more houses under PMAY-G for Assam
Source: IANS
2025-05-18 09:23:57 am
Strive to achieve first place in GST collection nationwide: Siddaramaiah to officials Karnataka currently holds the second position in the country in GST collection, and efforts must be made to secure the top position in the coming days, said Chief Minister Siddaramaiah on Saturday. Siddaramaiah was speaking after inaugurating the Golden Jubilee celebrations organised by the Karnataka Commercial Taxes Services Association in Bengaluru. “Last year, a target of Rs 1,03,000 crore was set for tax collection, and an additional Rs 17,000 crore was collected beyond the ta...
Strive to achieve first place in GST collection nationwide: Siddaramaiah to officials
Strive to achieve first place in GST collection nationwide: Siddaramaiah to officials
Source: IANS
2025-05-18 09:16:50 am
Centre to launch National Soil Spectral Library towards digital agriculture Union Agriculture Minister Shivraj Singh Chouhan is slated to chair a high-level stakeholder consultation on Monday on ‘Viksit Krishi’ and review key agricultural and rural development schemes in Nagpur, it was announced on Saturday.  Maharashtra Chief Minister Devendra Fadnavis will also attend the meeting, according to a Ministry of Agriculture statement. During the visit, the Union Minister will inaugurate the National Soil Spectral Library (NSSL) – a pioneerin...
Centre to launch National Soil Spectral Library towards digital agriculture
Centre to launch National Soil Spectral Library towards digital agriculture
Source: IANS
2025-05-18 09:06:25 am
Centre to launch digital platform for e-filing in trade remedy investigations The government on Saturday said it is developing a digital platform to enable the electronic submission of documents in trade remedy investigations.  The platform is expected to go live soon, offering enhanced transparency, efficiency, and ease of access for all stakeholders. Since 1995, India has initiated over 1,200 trade remedy investigations. The Directorate General of Trade Remedies (DGTR) has played a central role in this process by conducting investigations swiftly, often co...
Centre to launch digital platform for e-filing in trade remedy investigations
Centre to launch digital platform for e-filing in trade remedy investigations
Source: IANS
2025-05-17 05:01:02 pm
Metal Prices Expected to Fluctuate on the LME between $9000 and $10200 – Motilal Oswal Financial Services Ltd According to a report by Motilal Oswal Financial Services, base metals have been caught in between supply surplus forecasts for most metals, weakening PMI figures, and constant updates on negotiations between US-China, keeping market participants on edge and uncertain about the future path. The US has been imposing tariffs continuously on its trade partners, while keeping rates high for Chinese imports—with tariffs on certain goods ranging up to 245%. However, China has been at the f...
Metal Prices Expected to Fluctuate on the LME between $9000 and $10200 – Motilal Oswal Financial Services Ltd
Metal Prices Expected to Fluctuate on the LME between $9000 and $10200 – Motilal Oswal Financial Services Ltd
Source: PR Agency
2025-05-17 12:54:55 pm
Indian banks' loans rose 9.9% y/y in two weeks to May 2 - central bank Indian banks' loans rose 9.9% in the two weeks to May 2 from a year earlier, while deposits rose 10%, the Reserve Bank of India's weekly statistical supplement showed on Friday. Outstanding loans rose 984.45 billion rupees ($11.51 billion) to 182.86 trillion rupees in the two weeks to May 2. Non-food credit rose 681.24 billion rupees to 182.24 trillion rupees, while food credit rose 303.21 billion rupees to 624.46 billion rupees. Bank deposits rose 1.73 trillion rupees to 230...
Indian banks' loans rose 9.9% y/y in two weeks to May 2 - central bank
Indian banks' loans rose 9.9% y/y in two weeks to May 2 - central bank
Source: Reuters
2025-05-17 12:28:11 pm
Digital Life Certificate Campaign revolutionised pension disbursal: Jitendra Singh The Digital Life Certificate Campaign has revolutionised pension disbursal, said Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology.  Singh noted that the campaign roped in technology to make it easier for elderly to get their pensions. It also abolished several outdated rules that were hindering the process. “The Digital Life Certificate Campaign has revolutionised pension disbursal by enabling elderly pensioners to verify their identity ...
Digital Life Certificate Campaign revolutionised pension disbursal: Jitendra Singh
Digital Life Certificate Campaign revolutionised pension disbursal: Jitendra Singh
Source: IANS
2025-05-17 11:48:23 am
India willing to remove 100 pc tariffs on US goods: Donald Trump US President Donald Trump has claimed that India offered to remove all tariffs on American goods, but added that he was in no rush to finalise a trade deal despite the apparent breakthrough.  In an interview with Fox News on Friday, Donald Trump said India is a top example of a country with barriers he is determined to dismantle. "They make it almost impossible to do business. Do you know they're willing to cut 100 per cent of their tariffs for the United States?" the...
India willing to remove 100 pc tariffs on US goods: Donald Trump
India willing to remove 100 pc tariffs on US goods: Donald Trump
Source: IANS
2025-05-17 11:15:03 am
Aadhaar authentication surpasses 150 billion transactions, e-KYC surges 40 pc In a significant feat, the total number of Aadhaar authentication transactions have crossed the 150 billion (15,011.82 crore) mark, the government said on Friday. Moreover, the total number of eKYC transactions (37.3 crore) carried out during April is 39.7 per cent more than the numbers during the same period last year. The cumulative number of e-KYC transactions has crossed 2,393 crore as on April 30, said the Ministry of Electronics and IT. This is a milestone moment in the journey...
Aadhaar authentication surpasses 150 billion transactions, e-KYC surges 40 pc
Aadhaar authentication surpasses 150 billion transactions, e-KYC surges 40 pc
Source: IANS
2025-05-17 10:18:37 am
Gujarat disburses Rs 7,864 crore to MSMEs in five years, tops in ZED certification Gujarat has provided financial assistance of over Rs 7,864 crore to more than 1.3 lakh MSMEs between 2020–21 and 2024–25 under various state schemes. The support includes capital investment subsidies, interest subsidies, and credit guarantee support, as per official data.  The state has the highest number of Zero Effect Zero Defect (ZED) certified MSMEs in India. As of now, over 89,000 MSMEs in Gujarat are registered under the ZED scheme, and more than 59,000 are certif...
Gujarat disburses Rs 7,864 crore to MSMEs in five years, tops in ZED certification
Gujarat disburses Rs 7,864 crore to MSMEs in five years, tops in ZED certification
Source: IANS
2025-05-17 10:12:35 am
India`s GDP growth in Q4 of 2024-25 expected at 6.8-7 per cent. The Indian economy is expected to grow at 6.8-7 per cent in the fourth quarter of the financial year 2024-25, driven by the agriculture sector, according to a Bank of Baroda report released on Friday.  For the full financial year, the estimate has been pegged at 6.2-6.4 per cent with the report stating that India’s economy continues to be better off than its global counterparts on the back of strong macroeconomic fundamentals. Going ahead for FY26, growth will be at a similar...
India`s GDP growth in Q4 of 2024-25 expected at 6.8-7 per cent.
India`s GDP growth in Q4 of 2024-25 expected at 6.8-7 per cent.
Source: IANS
2025-05-17 10:03:36 am
Centre assures full support as Karnataka seeks e-buses under PM E-Drive scheme Centre assures full support as Karnataka seeks e-buses under PM E-Drive scheme New Delhi, May 16 (IANS) The Ministry of Heavy Industries said on Friday it has received a formal proposal from the Karnataka government, seeking allocation of electric buses under the centrally sponsored PM E-Drive initiative.  Karnataka Transport Minister Ramalinga Reddy submitted the state’s request, citing need for enhanced urban public transport systems in key cities, according to the Central ...
Centre assures full support as Karnataka seeks e-buses under PM E-Drive scheme
Centre assures full support as Karnataka seeks e-buses under PM E-Drive scheme
Source: IANS
2025-05-16 05:36:35 pm
India`s alcoholic beverage firms poised to stay on double-digit high in FY26: Crisil Alcoholic beverage (alcobev) manufacturers in the country will see their revenue grow 8-10 per cent to Rs 5.3 lakh crore in financial year 2025-26, keeping up the momentum of a compound annual growth rate (CAGR) of 13 per cent over the three preceding fiscals. The operating profitability will increase 60-80 basis points (bps), supported by continuing premiumisation, according to a Crisil report released on Friday.  Consequently, credit profiles will remain strong, driven by healthy ac...
India`s alcoholic beverage firms poised to stay on double-digit high in FY26: Crisil
India`s alcoholic beverage firms poised to stay on double-digit high in FY26: Crisil
Source: IANS
2025-05-16 03:03:18 pm
Atal Pension Yojana accumulates record 7.65 crore subscribers; women make about 48pc Atal Pension Yojana has accumulated a record 7.65 crore subscribers, and women make up about 48 per cent of all, according to data from the government.  Atal Pension Yojana (APY) was launched in May 2015, to address the twin challenges of longevity risks and lack of retirement security among India’s vast unorganised workforce. The scheme, offering defined pension benefits based on the age of joining and the amount of contribution, was designed to encourage voluntary savings f...
Atal Pension Yojana accumulates record 7.65 crore subscribers; women make about 48pc
Atal Pension Yojana accumulates record 7.65 crore subscribers; women make about 48pc
Source: IANS
2025-05-16 02:39:47 pm
Economists see RBI dividend to government surpassing record Rs 2.5 lakh cr in 2025-26 Economists expect the Reserve Bank of India's (RBI) dividend to the government to surpass a record over Rs 2.5 lakh crore this year as the central bank earnings, through the sale of dollars to prop up the rupee as it sharply depreciated during 2024-25, are reported to have shot up. This higher profit will be transferred to the government as a dividend in 2025-26.  The previous record dividend transferred to the government stands at Rs 2.1 lakh crore during 2024-25 which helped to ...
Economists see RBI dividend to government surpassing record Rs 2.5 lakh cr in 2025-26
Economists see RBI dividend to government surpassing record Rs 2.5 lakh cr in 2025-26
Source: IANS
2025-05-16 02:25:43 pm
India-UK FTA: Bilateral trade projected to surge by 15 pc annually until 2030 The bilateral trade between India and the United Kingdom (UK) is expected to increase by around 15 per cent annually until 2030, factoring in the aspect that the free trade agreement (FTA) will come into effect in a year, a report showed on Friday.  The recently concluded free trade agreement (FTA) between India and Britain offers a strategic opportunity for Indian companies to expand their footprint in the UK market, stimulate domestic manufacturing and contribute to economic growth,...
India-UK FTA: Bilateral trade projected to surge by 15 pc annually until 2030
India-UK FTA: Bilateral trade projected to surge by 15 pc annually until 2030
Source: IANS
2025-05-16 11:43:05 am
Tariff to Opportunity:UK-India FTA to Increase Bilateral Trade By ~15% By CareEdge Ratings Synopsis * Currently, the trade value between the United Kingdom (UK) and India is approximately 2% of India’s total trade value, although it has been growing steadily at a compound annual growth rate (CAGR) of 11% over the last decade, i.e., CY15-CY24.  * The recently concluded FTA between the two offers a strategic opportunity for Indian companies to expand their footprint in the UK market, stimulate domestic manufacturingand contribute to economic growth. Once the FTA is e...
Tariff to Opportunity:UK-India FTA to Increase Bilateral Trade By ~15% By CareEdge Ratings
Tariff to Opportunity:UK-India FTA to Increase Bilateral Trade By ~15% By CareEdge Ratings
Source: CareEdge Ratings
2025-05-16 10:47:00 am
India remains fastest-growing economy at `precarious moment` for world: UN India remains the fastest-growing large economy and is expected to record a 6.3 per cent growth this fiscal year, while the global economy faces a "precarious moment," according to the UN.  "India remains one of the fastest growing large economies driven by strong private consumption and public investment, even as growth projections have been lowered to 6.3 per cent in 2025" from the 6.6 per cent made in January, Ingo Pitterle, a senior economic affairs officer, sa...
India remains fastest-growing economy at `precarious moment` for world: UN
India remains fastest-growing economy at `precarious moment` for world: UN
Source: IANS
2025-05-16 10:44:40 am
Piyush Goyal urges industry to enhance safety of electrical appliances Commerce and Industry Minister Piyush Goyal on Thursday held discussions with senior representatives of the electronics industry to further enhance the safety of electrical appliances for consumers.  “Had a productive interaction with key stakeholders from the electronics industry with discussions centred on the implementation of horizontal Quality Control Orders (QCOs) to further enhance the safety of electrical appliances in the interest of consumers,” the Minister said....
Piyush Goyal urges industry to enhance safety of electrical appliances
Piyush Goyal urges industry to enhance safety of electrical appliances
Source: IANS
2025-05-16 10:40:17 am
India`s exports of goods & services surge 12.7 per cent to $73 billion in April India total exports of goods and services clocked a robust 12.7 per cent growth in April to touch the $73.80 billion mark compared with the corresponding figure of $65.48 billion during the same month last year, despite the global economic uncertainties triggered by the US tariff hikes, according to figures released by the Commerce Ministry on Thursday.  The country’s merchandise exports shot up by 9.03 per cent to $38.49 billion during the month with high-value electronics and ...
India`s exports of goods & services surge 12.7 per cent to $73 billion in April
India`s exports of goods & services surge 12.7 per cent to $73 billion in April
Source: IANS
2025-05-16 10:29:37 am
Government`s first monthly data series pegs unemployment at 5.1 pc in April The government on Thursday said that Labour Force Participation Rate (LFPR) in current weekly status (CWS), an indicator of employment, among persons of age 15 years and above was 55.6 per cent during April, LFPR for rural areas was 58 per cent and LFPR in urban areas was 50.7 per cent during the month for persons of the same age group.  The data also includes rural job figures, for the first time ever, to widen the coverage, according to new series based on monthly data, released by ...
Government`s first monthly data series pegs unemployment at 5.1 pc in April
Government`s first monthly data series pegs unemployment at 5.1 pc in April
Source: IANS
2025-05-16 09:52:23 am
Trump says India is offering US a zero tariff trade deal US President Donald Trump said on Thursday that India has offered to enter a bilateral trade deal with the US that “basically” proposes that "no tariffs" would be levied on a range of American goods.  "They are offering us a deal where basically they are willing to literally charge us no tariffs," Trump said during a meeting with business executives in Qatar’s capital Doha where he is on a state visit. However, Trump did not offer any further d...
Trump says India is offering US a zero tariff trade deal
Trump says India is offering US a zero tariff trade deal
Source: IANS
2025-05-16 09:33:42 am
Government to take up centrally coordinated survey and re-survey of lands: Minister The government on Thursday said it will take up a centrally coordinated and technology-driven survey and re-survey of lands, as inaccurate and outdated land records are causing disputes.  The centrally-sponsored programme would be technology driven, leveraging aerial surveys through drones and aircraft, at just 10 per cent of the cost of traditional methods, said Dr Chandra Sekhar Pemmasani, Minister of State for Rural Development and Communications. The scheme will also use AI, GI...
Government to take up centrally coordinated survey and re-survey of lands: Minister
Government to take up centrally coordinated survey and re-survey of lands: Minister
Source: IANS
2025-05-16 09:25:32 am
Tamil Nadu farmers begin preparations for Kurivai paddy cultivation amid promising monsoon forecast With the India Meteorological Department forecasting an early onset of the southwest monsoon, farmers across Tamil Nadu have begun preparations for the Kuruvai paddy cultivation season.   The promising storage levels at the Mettur Dam, along with intermittent summer showers in the catchment areas, have further encouraged farmers in the Delta districts to commence early field work. In anticipation of the upcoming season, the Tamil Nadu Agriculture and Farmers’ Welfare Departme...
Tamil Nadu farmers begin preparations for Kurivai paddy cultivation amid promising monsoon forecast
Tamil Nadu farmers begin preparations for Kurivai paddy cultivation amid promising monsoon forecast
Source: IANS
2025-05-15 06:23:55 pm
India among world`s few countries to record rise in forest cover India is ranked among the top 10 countries where the forest cover has increased over the years, according to an SBI Research report released on Thursday. While India's forest cover remained constant from 1991-2011, it increased after that. "The relationship between urbanisation and forest cover is U shaped...early-stage urbanisation leads to deforestation, but as urbanisation progresses, there is an increase in policies such as urban greening, forest conservation programmes, an...
India among world`s few countries to record rise in forest cover
India among world`s few countries to record rise in forest cover
Source: IANS
2025-05-15 06:14:40 pm
LPG Under-recoveries of OMCs Expected to Reduce by ~45% Y-o-Y in FY26: CareEdge Ratings According to CareEdge Ratings, in FY25, Oil Marketing Companies (OMCs) suffered significant LPG under-recoveries to the extent of ~Rs 220/ 14.2 kg cylinder essentially because of higher LPG sourcing cost vis-à-vis its retail prices. This led to an aggregate LPG under-recovery of Rs 41,270 crore in FY25 for the three major OMCs combined, thereby exerting pressure on their profitability, as reflected in a decline in the PAT of all three OMCs from approximately Rs 85,000 crore in FY2...
LPG Under-recoveries of OMCs Expected to Reduce by ~45% Y-o-Y in FY26: CareEdge Ratings
LPG Under-recoveries of OMCs Expected to Reduce by ~45% Y-o-Y in FY26: CareEdge Ratings
Source: PR Agency
2025-05-15 05:36:35 pm
India`s greatest potential lies in the growth of northeastern region: Minister The greatest potential for India in the future is the growth of northeastern region, as the country advances towards the goal of Viksit Bharat by 2047, Union Minister of Communications and Minister for Development of North Eastern Region, Jyotiraditya Scindia, has said.  Speaking at the curtain raiser event for the ‘Rising North East Investor Summit’ here, the minister said the event will “showcase our wonderful ‘Ashta Lakshmi’ – our eight states, w...
India`s greatest potential lies in the growth of northeastern region: Minister
India`s greatest potential lies in the growth of northeastern region: Minister
Source: IANS
2025-05-15 01:52:01 pm
India can become a global manufacturing, export hub for eyewear: Piyush Goyal Commerce and Industry Minister Piyush Goyal on Wednesday met Peyush Bansal, Co-founder and CEO of Lenskart, and discussed how India can become a global manufacturing and export hub for the eyewear sector.  In a post on social media platform X, the Union Minister said he was “pleased to learn” about the company’s impactful social initiatives. “Met Peyush Bansal, Co-founder and CEO of Lenskart, and discussed how India can become a global manufacturing and expo...
India can become a global manufacturing, export hub for eyewear: Piyush Goyal
India can become a global manufacturing, export hub for eyewear: Piyush Goyal
Source: IANS
2025-05-15 12:48:09 pm
NSO revamps Periodic Labour Force Survey, includes rural areas The National Statistics Office (NSO) announced on Wednesday that the sampling design of the Periodic Labour Force Survey (PLFS) has been revamped from January 2025 to address the requirement of high-frequency labour market indicators with enhanced coverage to include the rural areas as well.  The revamped PLFS is envisaged to estimate the key employment and unemployment indicators comprising Labour Force Participation Rate, Worker Population Ratio and Unemployment Rate, on a monthly b...
NSO revamps Periodic Labour Force Survey, includes rural areas
NSO revamps Periodic Labour Force Survey, includes rural areas
Source: IANS
2025-05-15 12:44:26 pm
India`s bioeconomy aims to reach $300 billion by 2030: Dr Jitendra Singh India’s bioeconomy has seen an exponential rise under the Prime Minister Narendra Modi government -- from $10 billion in 2014 to $165.7 billion in 2024 -- and aims to reach $300 billion by 2030, Union Minister Dr. Jitendra Singh said on Wednesday.  India is at the right time and in the right place, with a highly enabling political ecosystem to lead the next global biotechnology revolution, he said while addressing the "International Centre for Genetic Engineering and Biotec...
India`s bioeconomy aims to reach $300 billion by 2030: Dr Jitendra Singh
India`s bioeconomy aims to reach $300 billion by 2030: Dr Jitendra Singh
Source: IANS
2025-05-15 10:32:02 am
How PM Narendra Modi-led NDA has curbed retail inflation better than UPA regime Official data on Wednesday showed that Prime Minister Narendra Modi-led NDA government had done a much better job in controlling retail inflation — especially in food and fuel — compared to the UPA era.  According to a post by BJP leader Amit Malviya on the X social media platform, “double-digit inflation (over 10 per cent) seen during the UPA era is no longer a concern, reflecting effective governance and price control in the past decade”. “Since 2014...
How PM Narendra Modi-led NDA has curbed retail inflation better than UPA regime
How PM Narendra Modi-led NDA has curbed retail inflation better than UPA regime
Source: IANS
2025-05-14 02:09:00 pm
Piyush Goyal takes stock of Invest India in bid to boost manufacturing sector Commerce and Industry Minister Piyush Goyal on Tuesday held a comprehensive review of Invest India at a meeting held at Bharat Mandapam here.  The minister emphasised on enhancing the performance, effectiveness and efficiency of Invest India to facilitate greater investments into India. He also discussed avenues for further strengthening investor engagement, empowering MSMEs and boosting manufacturing in the country. Invest India is the national investment promotion and facilita...
Piyush Goyal takes stock of Invest India in bid to boost manufacturing sector
Piyush Goyal takes stock of Invest India in bid to boost manufacturing sector
Source: IANS
2025-05-14 11:11:39 am
Need to further strengthen financial inclusion initiatives: FM Nirmala Sitharaman Finance Minister Nirmala Sitharaman on Tuesday emphasised the need to further strengthen financial inclusion initiatives by bringing the masses within their ambit.  Chairing a meeting to review the progress of government’s financial inclusion schemes namely PMJDY, PMSBY, PMJJBY, APY, PMMYY, SUPI, PMSVANidhi, PM Vishwakarma, PM Surya Ghar Yojana, KCC, PM Vidyalaxmi and CGTSME, she stressed the importance of enhancing customer experience across banking services. The meeting was...
Need to further strengthen financial inclusion initiatives: FM Nirmala Sitharaman
Need to further strengthen financial inclusion initiatives: FM Nirmala Sitharaman
Source: IANS
2025-05-14 11:03:22 am
Quote on CPI numbers by Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP Below The Quote on CPI numbers by Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP     “The sharp moderation in India’s retail inflation to 3.16% in April 2025, the lowest since July 2019, is a significant tailwind for the economy. The decline was led by easing food prices, with food inflation falling to just 1.78%, aided by a broad-based correction in vegetables, pulses, and spices. This disinflationary trend provides the Re...
Quote on CPI numbers by Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP
Quote on CPI numbers by Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP
Source: MP Financial Advisory Services LLP
2025-05-14 10:52:47 am
Andhra Pradesh targets 29 pc revenue growth during current fiscal year Andhra Pradesh has set a revenue growth of 29 per cent during the current financial year, with Chief Minister Nara Chandrababu Naidu on Tuesday directing all the departments to take steps to increase the state’s revenues. For 2025-26, an annual target has been set for all the wings, including Commercial Taxes, Excise, Stamps and Registration, Mines and Forests, to earn a revenue of Rs 1,34,208 crore, which is 29 per cent higher than the previous year. During a review meeting at th...
Andhra Pradesh targets 29 pc revenue growth during current fiscal year
Andhra Pradesh targets 29 pc revenue growth during current fiscal year
Source: IANS
2025-05-14 10:21:07 am
India saves $6.93 billion forex as coal imports dip due to rise in local production in FY25 Coal imports in the country declined by 9.2 per cent to 220.3 million tonnes (MT) during April 2024 to February 2025 -- compared to 242.6 MT in the same period of previous fiscal year due to an increase in domestic production, the government said on Tuesday.  This reduction in coal imports resulted in foreign exchange savings of approximately $6.93 billion (?53137.82 crore) for the country, said the Ministry of Coal. The non-regulated sector, excluding the power sector, experienced...
India saves $6.93 billion forex as coal imports dip due to rise in local production in FY25
India saves $6.93 billion forex as coal imports dip due to rise in local production in FY25
Source: IANS
2025-05-14 10:15:15 am
IWAI sets up office in Srinagar to speed up river transport projects in J&K In a move that is set to strengthen the river transport sector in the Union Territory of Jammu and Kashmir, Inland Waterways Authority of India (IWAI) has up its new office in Srinagar’s Transport Bhawan, the government said on Tuesday.  The space has been provided by the J&K government and the office, which started functioning from Tuesday, will be central to all the Inland Water Transport (IWT) works being undertaken by the Authority in the region, said the Ministry of Por...
IWAI sets up office in Srinagar to speed up river transport projects in J&K
IWAI sets up office in Srinagar to speed up river transport projects in J&K
Source: IANS
2025-05-14 10:08:14 am
India`s defence budget more than doubled in 11 years to beef up armed forces India’s annual defence budget has increased 2.6 times from Rs 2.53 lakh crore in 2013-14 to Rs 6.81 lakh crore in 2025-26 which reflects India’s steadfast commitment to enhancing national security, modernising its armed forces and bolstering military infrastructure, according to a Ministry of Defence statement.  “Strategic reforms, private sector participation and innovation have boosted indigenous manufacturing, making India self-reliant and a globally trusted defen...
India`s defence budget more than doubled in 11 years to beef up armed forces
India`s defence budget more than doubled in 11 years to beef up armed forces
Source: IANS
2025-05-14 09:56:16 am
Lowest retail inflation since 2019 provides further leeway to cut rates: Experts The easing of retail inflation in April is expected to further give comfort to the Reserve Bank of India (RBI) to reduce interest rates in its next bi-monthly MPC meeting, which will reduce industry debt burden, leading experts said on Tuesday.  CPI inflation for the month of April stood at 3.16 per cent (provisional). “This is an 18 basis points decline in headline inflation of April 2025 in comparison to March 2025. However, it is the lowest year-on-year inflation after Jul...
Lowest retail inflation since 2019 provides further leeway to cut rates: Experts
Lowest retail inflation since 2019 provides further leeway to cut rates: Experts
Source: IANS
2025-05-14 09:42:38 am
India’s retail inflation eases to 3.16 pc in April, lowest since July 2019 India’s retail inflation fell to 3.16 per cent in April from 3.34 per cent in March to its lowest level since July 2019, as food prices eased further bringing respite to household budgets, according to figures released by the Ministry of Statistics on Tuesday.  Food inflation, which accounts for nearly half of the Consumer Price Index (CPI) basket, slowed to 1.78 per cent in April, compared to 2.69 per cent in March. This is for the third month in row that inflation has staye...
India’s retail inflation eases to 3.16 pc in April, lowest since July 2019
India’s retail inflation eases to 3.16 pc in April, lowest since July 2019
Source: IANS
2025-05-14 09:08:46 am
Views on One State, One RRB by Mr. Dilip Modi, Founder & CEO of Spice Money Below the Views on One State, One RRB by Mr. Dilip Modi, Founder & CEO of Spice Money   "The government's 'One State, One RRB' initiative marks a pivotal advancement in fortifying India's rural banking infrastructure. By consolidating Regional Rural Banks (RRBs) into singular, robust entities per state, this reform aims to harness economies of scale, streamline operations, and enhance technological integration. Such a unified structure is poised to amp...
Views on One State, One RRB by Mr. Dilip Modi, Founder & CEO of Spice Money
Views on One State, One RRB by Mr. Dilip Modi, Founder & CEO of Spice Money
Source: Spice Money
2025-05-13 04:22:16 pm