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Category: ECONOMY

Meesho’s unusual and bold anchor allocation call exposes growing tensions in new-age tech IPOs
ECONOMY

Meesho’s unusual and bold anchor allocation call exposes growing tensions in new-age tech IPOs

Purbalee DuttaDecember 3, 2025December 3, 2025

Meesho’s choice to allocate a significantly large portion of its ₹2,439-crore anchor book to SBI Mutual Fund was a management decision rather than one made by its bankers, according to…

Indian economy to grow 6.6% in 2025
ECONOMY

Indian economy to grow 6.6% in 2025

Purbalee DuttaOctober 25, 2025October 25, 2025

According to the latest World Economic Outlook report by the International Monetary Fund (IMF), India’s economy is projected to expand by 6.6% in 2025, making it one of the fastest-growing…

Taxpayers Get Extra Time as Income Tax Return Due Date Pushed Further
BusinessECONOMY

Taxpayers Get Extra Time as Income Tax Return Due Date Pushed Further

EditorSeptember 16, 2025September 16, 2025

In a statement issued late Monday night, the CBDT announced that the income tax ITR filing deadline has been extended from September 15 to September 16. ITR Filing Due Date…

OECD Warns of Global Economic Slowdown Amid Trade Tensions
ECONOMY

OECD Warns of Global Economic Slowdown Amid Trade Tensions

Sonakshi SarkarMarch 19, 2025March 19, 2025

The Organisation for Economic Co-operation and Development (OECD) has issued a warning about a potential global economic slowdown, attributing it to escalating trade tensions among major economies. The OECD’s latest…

Sensex gain over 1% after RBI increases dividend, Nifty at record high
BusinessECONOMY

Sensex gain over 1% after RBI increases dividend, Nifty at record high

EditorMay 24, 2024May 24, 2024

The surge in both indices comes a day after the Reserve Bank of India (RBI) board approved the highest-ever surplus transfer of Rs 2.11 lakh Crore to the government for…

NSE Q4 results: Profit expansion 20% to Rs 2,488 Crore
BusinessECONOMYIndia

NSE Q4 results: Profit expansion 20% to Rs 2,488 Crore

EditorMay 4, 2024May 4, 2024

The National Stock Exchange (NSE) on Friday reported a 20% year-on-year rise in consolidated net profit at Rs 2,488 Crore for the three months ending March 2024. NSE said in…

OECD revises India’s FY2015 extend forecast to 6.6%
BusinessECONOMY

OECD revises India’s FY2015 extend forecast to 6.6%

EditorMay 3, 2024May 3, 2024

The Organization for Economic Co-operation and Development on Thursday raised India’s FY2025 growth forecast to 6.6% from an earlier estimate of 6.2%. “Despite relatively sluggish private consumption growth, strong investment…

RBI disclosed revised Guidance note for banks and NBFCs
BusinessECONOMY

RBI disclosed revised Guidance note for banks and NBFCs

EditorMay 1, 2024May 1, 2024

The Reserve Bank of India (RBI) has updated its “Guidance Note” on operational risk management for the financial sector, and extended it to non-banking financial companies (NBFCs), including housing finance…

India Inc’s revenue growth likely to downgrade to 5.4% in March quarter: Crisil
BusinessECONOMYIndia

India Inc’s revenue growth likely to downgrade to 5.4% in March quarter: Crisil

EditorApril 30, 2024April 30, 2024

Revenue growth of Indian industries is likely to slow to 5.4% in January to March 2023-24, the third slowest quarterly growth since the recovery from the Covid-19 pandemic in September…

Sri Lanka lifts import limits on 286 items as economic crisis eases
BusinessECONOMY

Sri Lanka lifts import limits on 286 items as economic crisis eases

Sonakshi SarkarJune 10, 2023

Sri Lanka , the island which has been suffering from economic breakdown since it’s independence has removed import limits on around 300 items with immediate effect, the Finance Ministry said…

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