India’s growth trajectory is expected to remain steady despite the ongoing Middle East crisis, that has sent ripples across the globe. In its latest report, SBI Research said that the country is navigating oil shocks and the Iran war from a “situation of strength”, projecting GDP growth at 6.8% to 7.1% in FY27.The report noted…
This Akshaya Tritiya, India’s gold and silver markets are heading for bumper purchases, with overall trade likely to cross Rs 20,000 crore even as record-high prices reshape buying patterns. The estimate, shared by the Confederation of All India Traders (CAIT), is higher than last year’s Rs 16,000 crore, signalling growth in value despite a sharp…
India’s cooking gas consumption saw a sharp decline in March, with LPG usage falling 13 per cent year-on-year due to supply disruptions linked to the ongoing Middle East conflict, according to official data.LPG consumption stood at 2.379 million tonnes in March, down from 2.729 million tonnes in the same month last year. The decline comes…
NEW DELHI: Becoming a pilot has just got more expensive with the hike in jet fuel price and the rupee crashing. Getting a commercial pilot licence (CPL) in India — which involves flying for a minimum of 200 hours and clearing theory exams — used to cost about Rs 50-60 lakh earlier in India, and…
Gold and silver have marked gains of around 10% and 5% year-to-date. Should you buy gold this Akshaya Tritiya? We asked five experts: (AI image) Gold buying in India is not just about its safe haven status – it is traditionally considered auspicious. Festivals across the year become major days on which gold buying peaks….
NEW DELHI: HDFC Bank, the country’s largest private lender, has recorded a net profit of Rs 19,221 crore during the fourth quarter of last financial year, up 9.1% from Rs 17,616 crore a year ago, while full-year net profit rose to Rs 74,671 crore from Rs 67,347 crore, an increase of 10.9%. The board recommended…
The National Bank for Financing Infrastructure and Development (NaBFID) has signed a Memorandum of Agreement with Projects Development Company of Rajasthan Limited (PDCOR) to strengthen advisory services for state and city-level infrastructure projects.The agreement will also allow both institutions to jointly explore financing and transaction advisory opportunities, including transaction structuring, commercial and technical due diligence,…
The government on Saturday said the threat posed by a possible El Nino this year is unlikely to cause major damage to agriculture, pointing to stronger irrigation systems, higher reservoir storage and better preparedness than in past drought-linked years.The assurance came after Agriculture Minister Shivraj Singh Chouhan chaired a review meeting ahead of the Kharif…
Flexible and transparent gold investment options such as digital gold and ETFs are expected to gain traction alongside traditional jewellery buying this Akshaya Tritiya, reflecting changing investor preferences, analysts said.Akshaya Tritiya, considered an auspicious day for gold purchases, will be celebrated on Sunday. Analysts said participation is evolving, with more investors exploring financial products linked…
While India will be the sixth largest economy in FY27, it is likely to overtake both the UK, and Japan to bag the fourth spot in FY28. (AI image) In April 2025 when the International Monetary Fund (IMF) released its World Economic Outlook, India was seen overtaking Japan to become the world’s fourth largest economy…
