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Economy / The Northlines

Indian economy sailing smoothly amid global challenges: RBI Gov

New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday expressed confidence that the Indian economy is navigating well amidst global challenges. Speaking at an event, he highlighted the economys resilience in the face of various global headwinds, including rising bond yields, fluctuating commodity prices, and geopolitical risks. In comments made days after [] The post Indian economy sailing smoothly amid global challenges: RBI Gov appeared first on Northlines .

14 Nov 2024 3:51 pm
360 ONE Asset to launch Rs 1,000 crore real estate focused special opportunities fund

Leading asset management company 360 ONE Asset is set to launch a Rs. 1,000 crore special opportunities fund focusing on real estate opportunities. Sources familiar with the development have indicated that the upcoming fund will target quasi-equity deals in the range of Rs. 150-200 crore, covering various real estate activities such as land acquisition, redevelopment [] The post 360 ONE Asset to launch Rs 1,000 crore real estate focused special opportunities fund appeared first on Northlines .

14 Oct 2024 7:59 pm
INDIAN ECONOMY AT CROSS ROADS: Focus on Industries, Population, Education & Employment is imperative for Economic Growth

Dr.Ramesh Thusoo Urbanization in India has placed significant pressure on its agricultural sector, through labour replacement, and with the rapid population growth of over 2.5% annually exacerbating the more challenges. The migration of youth from small towns to metropolitan areas has led to congestion in cities and a deserted appearance in many rural regions. [] The post INDIAN ECONOMY AT CROSS ROADS: Focus on Industries, Population, Education & Employment is imperative for Economic Growth app

7 Oct 2024 10:26 pm
Indian economy undergoing transformational change to sustain high growth: PM Modi

NEW DELHI, Oct 4: Describing India as a sweet spot amid global uncertainty, Prime Minister Narendra Modi on Friday said the country is undergoing transformational changes to sustain its high economic growth trajectory. Speaking at the 3rd edition of the Kautilya Economic Conclave here, Modi committed to continuing structural reforms to help India become [] The post Indian economy undergoing transformational change to sustain high growth: PM Modi appeared first on Northlines .

4 Oct 2024 9:37 pm
India needs stronger laws to combat misinformation in expanding digital economy

Protecting sensitive data and action against violators of Cyber security are imperative By Arun Kumar Shrivastav On September 16, the Adani Group issued a press release to address a false statement circulating about its recent projects in Kenya. The fake press release claimed that the group had threatened Kenyan protestors who were opposing the deal [] The post India needs stronger laws to combat misinformation in expanding digital economy appeared first on Northlines .

19 Sep 2024 11:01 pm
US Administration comes to the rescue of crisis ridden Bangladesh economy

Mohd Yunus Govt gets big support from Capitol Hill By Nitya Chakraborty The interim Government in Bangladesh led by Dr. Muhammad Yunus has achieved big success in the last few days in persuading the Biden administration to help in bailing out the country's ailing economy to meet the immediate challenges of the post-Hasina administration. Interim [] The post US Administration comes to the rescue of crisis ridden Bangladesh economy appeared first on Northlines .

3 Sep 2024 11:50 pm
World Bank Forecasts 7% Growth for Indian Economy in FY25

India's Growth Forecast to Top 7% as Rural Demand Rebounds The World Bank has projected India's economy to expand by 7% in the current financial year backed by a recovery in the agriculture sector and rural consumption. According to the latest World Bank report, India's strong growth will continue despite challenging global headwinds. The report [] The post World Bank Forecasts 7% Growth for Indian Economy in FY25 appeared first on Northlines .

3 Sep 2024 2:13 pm
How feasible is the goal of $5trillion economy by 2025

Can India truly sustain such high growth rates, or do these figures oversimplify the complex realities of its socio-political landscape? B K Jha In any discussion involving economists, a common saying goes, When six economists gather and deliberate, there will be seven views. This adage humorously reflects the diversity of opinions that often arises in [] The post How feasible is the goal of $5trillion economy by 2025 appeared first on Northlines .

28 Aug 2024 10:35 pm
Corporate job growth falls to multi-year low of 1.5% in FY24 amid slowing economy

In a fresh sign the nation's economic recovery may be losing steam, new data reveals corporate employment growth dropped to its lowest level in years during fiscal 2024. According to a report released by Bank of Baroda, one of India's largest lenders, job additions in the corporate sector declined to just 1.5% last fiscal compared [] The post Corporate job growth falls to multi-year low of 1.5% in FY24 amid slowing economy appeared first on Northlines .

22 Aug 2024 2:18 pm
Sensex tanks 2400 points following weak trends amid fears of a slowdown in US economy

Mumbai, Aug 5: Equity market benchmark indices Sensex and Nifty tumbled in early trade on Monday in line with extremely weak trends in global markets amid fears of a slowdown in the US economy and foreign fund outflows. The 30-share BSE Sensex tanked 2,401.49 points to 78,580.46 in early trade. The NSE Nifty tumbled 489.65 [] The post Sensex tanks 2400 points following weak trends amid fears of a slowdown in US economy appeared first on Northlines .

5 Aug 2024 11:54 am
Real estate beckons: Will your taxes soar?

Shivanand Pandit On July 23, 2024, during the presentation of the Union Budget, India's Finance Minister announced significant revisions to the capital gains taxation system, with a particular emphasis on real estate transactions. While these changes are designed to lessen the burden on taxpayers, they may present a dual challenge for those looking to sell [] The post Real estate beckons: Will your taxes soar? appeared first on Northlines .

31 Jul 2024 12:07 am
NITI Aayogs Governing Council Discusses Indias $30 Trillion Economy Vision Amid Boycott by Some State Leaders

New Delhi Top policymakers and state leaders convened today for the ninth meeting of the NITI Aayog's governing council, the premier think tank's highest decision making body chaired by the Prime Minister. On the agenda was kickstarting discussions on developing a vision document to transform India into a $30 trillion economy by 2047, in [] The post NITI Aayogs Governing Council Discusses Indias $30 Trillion Economy Vision Amid Boycott by Some State Leaders appeared first on Northlines .

27 Jul 2024 2:05 pm
Welcome Union Budgets emphasis on ensuring food security, strengthening rural economy: Alagappan

Jammu Tawi: Commenting on the FY25 Union Budget announcement by Union Finance Minister Nirmala Sitharaman on Tuesday, Arun Alagappan, Executive Chairman, Coromandel International Limited, said, With agriculture remaining the backbone of the Indian economy, we welcome the Union Budget's emphasis on ensuring food security, strengthening rural economy, as well as building resilience and productivity in [] The post Welcome Union Budgets emphasis on ensuring food security, strengthening rural economy

24 Jul 2024 12:32 am