Indian Economy News

Three IPOs open for subscription this week | Deets here

Three IPOs open for subscription this week | Deets here

New Delhi: The primary market activity has once again increased with three IPOs in the line up for this week. After a month’s break, the IPOs of Policybazaar, SJS Enterprises and Sigachi Industries opens this week while two IPOs – of Nykaa and Fino Payments Bank IPO which opened last

Moody’s upgrades India’s outlook to stable, affirms rating: Sources

Moody’s upgrades India’s outlook to stable, affirms rating: Sources

New Delhi: Global rating agency Moody’s has upgraded India’s rating outlook to “stable” from its earlier “negative” outlook, though at the same time it has affirmed its Baa3 rating. The decision indicates that the Indian economy is moving towards an upwards trajectory. The rating agency said that economic recovery is

RBI projects India’s GDP growth rate at 10.5% for FY22

RBI projects India’s GDP growth rate at 10.5% for FY22

New Delhi: The Reserve Bank of India (RBI) on Thursday projected India’s gross domestic product (GDP) rate at 10.5% for Financial Year 2022, though country’s economy is limping due to devastating Coronavirus pandemic. RBI’s Monetary Policy Committee had projected this estimate during the policy announcement in April. Last month, the

PM Modi gets a piece of advice from Nobel prize-winning economist Paul Krugman

PM Modi gets a piece of advice from Nobel prize-winning economist Paul Krugman

New Delhi: Commenting on country’s elaborate system of licences and regulations, the Nobel prize-winning economist Paul Krugman on Monday said that India should not go back to the ‘licence raj’ regime and the country should have a deliberate policy for fostering industries. Addressing a virtual event organised by Ashoka University,