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The global economy is heading into a phase of weak growth and systemic disruption, the World Economic Forum (WEF) said in its latest Chief Economists’ Outlook released on Tuesday.India, projected by the IMF to grow 6.5 per cent in 2025, continues to be the fastest-growing major economy, but its manufacturing ambitions face hurdles from the…
Public sector banks (PSBs) in India are set to see robust loan growth in retail, agriculture, and MSME segments in the coming quarter, according to a sector repirt by Nuvama Institutional Equities.While corporate lending has increasingly shifted to mutual funds and capital markets, loans to individuals, farmers, and small businesses are expected to drive overall…
NEW DELHI: The country’s core sector grew at its fastest pace in 13 months in Aug, led by robust expansion in the output of coal, steel, and refinery products, as well as the base effect. Data released by the commerce and industry ministry on Monday showed that the eight core sectors – spanning coal, crude…
Akshay Kumar‘s ‘Jolly LLB 3’ released on Friday and had a decent opening day number. The film is as such that more than a bumper opening, it was expected to see growth through positive word of mouth and that has happened. It saw growth on Saturday and went slightly better on Sunday. The film which…
NEW DELHI: On the eve of the month-long festival season, which begins with the first day of Navratri, PM Narendra Modi on Sunday made a strong pitch for people to take advantage of the “Bachat Utsav” (savings festival) starting Monday, when the next generation GST reforms roll out, helping reduce prices, lower compliance and accelerate…
Private companies sitting on large reserves of capital must step up and invest in India’s growth journey, the Economic Advisory Council to the Prime Minister (EAC-PM) said on Sunday, underlining that investments and exports will be the key drivers of the country’s economic expansion.“Investments and exports will drive growth… private sector has a lot of…
NEW DELHI: Prime Minister Narendra Modi on Sunday hailed the new GST reforms scheduled to rolled out on September 22. In his address to the nation, the prime minister congratulated the nation on the “GST Bachat Utsav”, claiming that the country is taking an important step towards Aatmanirbhar Bharat.Over his more than ten years in…
Apple India has renewed and expanded its lease at Maker Maxity in Mumbai’s Bandra-Kurla Complex (BKC), reinforcing its growing corporate presence in the city and across India.The iPhone maker has renewed its lease for office units on the 5th, 6th, 7th, and 8th floors of Maker Maxity 4 & 5 North Avenue. Alongside this, Apple…
Public sector banks (PSBs) have registered their strongest advance growth since 2010, surpassing private lenders for the first time in over a decade. According to a Systematix Group report cited by news agency ANI, PSBs reported 12.2% year-on-year growth in advances in FY25, compared to 9.5% by private sector banks (PVBs).The report noted that PSBs…
NEW DELHI: Apple‘s new-gen iPhone17 smartphone had a bumper opening in India with top variants – Pro and Pro Max – getting sold out across many locations as the American giant also grew fastest in first half of the year, ahead of mass brands, such as Vivo, Oppo, and realme.iPhone sales in the Jan-June’25 period…
