India to clock GDP growth of 7% in FY25: NITI Aayog member

India to clock GDP growth of 7% in FY25: NITI Aayog member

Saturday, 13 July 2024 | PTI | New Delhi

The Indian economy will grow around 7 per cent in the current fiscal year and is on track to maintain a similar growth rate for several years, NITI Aayog member Arvind Virmani said on Friday. Virmani said there are new challenges facing the country and they will have to be dealt...

Budget needs to take steps to address lower than expected growth in consumption: CEO

Friday, 12 July 2024 | PTI | New Delhi

The government needs to take steps such as reviewing personal income tax slabs in the upcoming Union Budget to drive private consumption, which in turn will drive private investment, Godrej & Boyce Executive Director & CEO, Anil G Verma said on Thursday. He also expressed optimism that the government will build...

Sebi to auction HBN Dairies properties; fixes reserve price at `67.70 cr

Friday, 12 July 2024 | PTI | New Delhi

Capital markets regulator Sebi will auction eight properties of HBN Dairies & Allied Ltd next month for a reserve price of Rs 67.70 crore. The move is a part of Sebi’s effort to recover money raised by HBN Dairies through illicit collective investment schemes. This came after the Supreme Court in its...

FinMin notifies GSTR-1A to amend outward supply form

Friday, 12 July 2024 | PTI | New Delhi

The finance ministry has notified the GSTR-1A form which will give an option to taxpayers to amend outward supply or sales return form. Last month, the GST Council had recommended providing a new optional facility by way of form GSTR-1A to facilitate the taxpayers to amend the details in form GSTR-1...

India’s oil, gas exploration offers USD 100 bn opportunity: Hardeep

Friday, 12 July 2024 | PTI | New Delhi

Oil Minister Hardeep Singh Puri on Thursday called for stepping up oil and gas hunt to cut India’s reliance on imports and making available fuel at an affordable and sustainable way. Speaking at the Urja Varta conference, he said the exploration and production (E&P) sector is integral in the journey towards...

Gold rises on jewellers’ buying, positive overseas trend

Friday, 12 July 2024 | PTI | New Delhi

Gold price rose Rs 50 to Rs 75,100 per 10 grams in the national capital on Thursday driven by jewellers’ buying and a firm trend in the international markets, according to All India Sarafa Association. The precious metal had settled at Rs 75,050 per 10 grams on Wednesday. Silver prices also...

Sensex, Nifty settle marginally down

Friday, 12 July 2024 | PTI | Mumbai

Benchmark Sensex and Nifty closed marginally down in a volatile session on Thursday as investors booked profits in heavyweights ahead of the announcement of key financial results for the June quarter. Retreating from early highs, the 30-share BSE Sensex closed lower by 27.43 points or 0.03 per cent at 79,897.34. The...

India's oil, gas exploration offers USD 100 bn opportunity: Hardeep Singh Puri

India's oil, gas exploration offers USD 100 bn opportunity: Hardeep Singh Puri

Thursday, 11 July 2024 | PTI | New Delhi

Oil Minister Hardeep Singh Puri on Thursday called for stepping up oil and gas hunt to cut India's reliance on imports and making available fuel at an affordable and sustainable way. Speaking at the Urja Varta conference, he said the exploration and production (E&P) sector is integral in the journey towards...

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