Stay updated with the latest calendar-year news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on calendar-year topics.
Moody's Ratings has slashed India's economic growth estimates for the current fiscal to 6% from 6.8% earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks. In its credit opinion report on India, Moody's said prolonged disruptions, particularly LPG shipments due to the conflict, would lead to near-term household shortages, higher fuel and transport costs, and spillovers to food inflation through India's reliance on imported fertilisers. Moody' ...Read More >
New Delhi: Moody's Ratings has slashed India's economic growth estimates for the current fiscal to 6 per cent from 6.8 per cent earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks. In its credit opinion report on India, Moody's said prolonged disruptions, particularly LPG shipments due to the conflict, would lead to near-term household shortages, higher fuel and transport costs, and spillovers to food inflation through India's reliance on imp ...Read More >
New Delhi [India], December 15 (ANI): The Indian economy is poised to grow at 7.0 per cent in the current fiscal 2025-26, Crisil said as it raised projections by 50 basis points soon after the country registered robust growth in the first half. Crisil has revised its GDP forecast for this fiscal with the first-half growth printing at a street-beating 8 per cent. "We expect GDP to grow at 7 per cent in fiscal 2026, compared with 6.5 per cent in fiscal 2025," Crisil, a global, insights-driven an ...Read More >
Air India Express had taken the delivery of the first B737-Max in 2023. Mumbai: Air India's low-cost arm, Air India Express, is expecting to induct 20 to 24 aircraft in the fleet in the next calendar year, a top airline executive said on Tuesday. Air India and Air India Express together currently have a fleet of 282 aircraft, of which as many as 110 planes, comprising Airbus 320/ 321, Boeing 737 and 737 MAX, are with the low-cost arm. "We are looking at about 20 to 24 aircraft in the next ca ...Read More >
NEW DELHI: Inflation is less of a worry this fiscal, with GST rate cuts and low crude prices likely to keep prices in check, according to a Crisil report, which predicts that the initiation of the US Federal Reserve's (Fed's) rate cuts has also added space for the RBI to cut rates. The Fed cut policy rates by 25 bps rate in September. S&P Global expects two more rate cuts of 25 bps each in the remainder of calendar year 2025 and "we expect one more rate cut by the RBI in the current fiscal, ...Read More >
New Delhi: Global rating agency Crisil on Monday projected India's gross domestic product (GDP) to grow 6.5 per cent this fiscal, amid rising private consumption and tax reforms. Rising private consumption should support industrial production. "So far, a copious monsoon, robust kharif sowing and benign inflation have supported the rural economy. The impact of excess rains on agriculture output will be monitorable. The urban economy will get a leg-up from lower lending rates, income tax relief ...Read More >
Mumbai, Sep 15The Reserve Bank of India (RBI) expected to ease rates by 25 bps in Q4 CY25, owing to anticipated growth weakness from declining export orders and slower government spending, a report has said. Strong cereal production, well stocked granaries, lower oil prices and cheaper exports from China are likely to keep inflation lower for longer, HSBC Global Research said in the report. The broking firm said that average inflation for the current quarter at 1.8 per cent, lower than the RBI ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk an ...Read More >
Mumbai: Recent declines in India's forex stockpile signal significant home-and-away central bank interventions in the past fortnight, estimated by some to be worth about $5-$6 billion in the offshore rupee market, to curb excessive depreciation of the local currency, bank treasury officials told ET. Market participants point to at least two instances of the Reserve Bank of India's (RBI) likely presence in the offshore non-deliverable forwards (NDF) market, particularly around 9 am, just before ...Read More >
New Delhi, Aug 3 (SocialNews.XYZ) With the income tax return (ITR) filing date extended to September 15, taxpayers have more time to decide whether to choose the old or new tax regime. Salaried employees or pensioners without business income can change their tax regime at any time prior to filing their ITR every year by simply selecting the relevant option on the ITR-1 or ITR-2 form. With commercial or professional income, the regulations are stricter. Only once in your lifetime may you return ...Read More >
Mumbai, Aug 3 (PTI) The Reserve Bank is likely to hold the key short-term lending rate at 5.5 per cent in its upcoming bi-monthly monetary policy on Wednesday after three back-to-back reductions, notwithstanding the headwinds to near-term economic growth in the wake of elevated US tariff uncertainties and subdued inflation trends, according to experts. However, some experts opined that the central bank may go for another round of rate cuts as challenges to the growth outlook outweigh potential ...Read More >
New Delhi, July 11 (SocialNews.XYZ) The gold prices in international markets are in a consolidation phase, and such consolidation prepares a fertile surface for the yellow metal to move in an upward trend, a report said on Friday. The market is currently focusing on two factors for the movement- direction of the US interest rate and anticipated decline in the US Dollar against other major currencies, said Emkay Wealth Management in its latest Navigator report. Amid unclarity over the likely im ...Read More >
New Delhi: New Delhi : The Reserve Bank of India (RBI) surprised markets by frontloading its monetary easing with a 50-basis point rather than the consensus 25-basis point repo rate cut on Friday. One basis point is one hundredth of a percentage point. By changing the policy stance from accommodative to neutral, it has also sent a signal that there could be no more rate cuts in the near-term. What explains these decisions by the central bank? What do they mean for the Indian economy? Here are so ...Read More >
Stock market today: The Indian stock market clocked healthy gains for the third consecutive session on Tuesday, December 3, led by gains in shares of select heavyweights, including Reliance Industries, HDFC Bank and Larsen and Toubro. Benchmark index Nifty 50 jumped 0.70 per cent to the level of 24,445.80, breaking above its 50 and 100-day exponential moving averages (DEMA). According to Trendlyne, an equity research platform, Nifty 50 is above its 100-day EMA of 24,306 and 50-day EMA of 24,364 ...Read More >
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