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‘AI could slow BPO sector growth’: Chief Economic Advisor V Anantha Nageswaran

Updated on Jul 22, 2024 05:17 PM IST

Chief Economic Advisor said that within the next decade, India is set to become world's third-largest economy and will greatly benefit from young population.

Chief Economic Advisor V Anantha Nageswaran addresses a press conference after tabling of the Economic Survey 2023-24 in Parliament by Union Finance Minister Nirmala Sitharaman, in New Delhi. (PTI)

Economic Survey warns stock market investors against derivatives trading

Derivatives trading appeals to the human instinct for gambling, the Survey said that the reality of it is starkly different from its promise.

A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Updated on Jul 22, 2024 03:08 PM IST

Budget Speech Time: When will FM Nirmala Sitharaman present the Budget?

Budget 2024 Speech Time: Finance Minister Nirmala Sitharaman will be presenting her seventh consecutive Union Budget in a row.

Finance minister Nirmala Sitharaman showcases a tablet wrapped in a red pouch carrying the Budget documents. (PTI)
Updated on Jul 23, 2024 09:59 AM IST

India sends 100 antitrust queries for Reliance, Disney $8.5 billion merger, sources say

RELIANCE-DISNEY-INDIA-ANTITRUST:India sends 100 antitrust queries for Reliance, Disney $8.5 billion merger, sources say

India sends 100 antitrust queries for Reliance, Disney $8.5 billion merger, sources say
Updated on Jul 22, 2024 03:00 PM IST
Reuters |

Why onion, tomato prices rose in 2 years. Economic Survey's ‘climate’ reason

The Economic Survey said that food inflation has been a global phenomenon in the last two years.

Hot weather and heavy rain have pushed up prices of most groceries, especially tomatoes, potatoes and onions, the Economic Survey noted.
Updated on Jul 22, 2024 02:54 PM IST
By | Edited by Mallika Soni

Black paint smeared on Biocon board opposing Kiran Mazumdar-Shaw's remarks

Kiran Mazumdar-Shaw said that the Karnataka job reservation bill will affect Bengaluru's position as the leading tech city.

A video, which was widely shared on social media, showed a man dressed in black applying black spray paint on at least two Biocon name boards.
Updated on Jul 22, 2024 02:37 PM IST
By | Edited by Mallika Soni

Economic Survey 2024: 7.85 million non-farm jobs needed annually till 2030

Economic Survey said that everyone in the working age will not seek jobs. Some of them will be self-employed and some of them will be employers too.

The rising employment of flexi workers through staffing companies can be a channel for ensuring social security for informal workers, it stated.
Updated on Jul 22, 2024 02:12 PM IST
PTI |

Will AI lead to job cuts in India? Economic Survey warns these sectors

AI to reshape future of work, boost productivity but disrupt employment in certain sectors, warns Economic Survey 2023-24.

Chief economic advisor V Anantha Nageswaran. (PTI)
Published on Jul 22, 2024 02:10 PM IST
By | Edited by Aryan Prakash

Remittances to India may grow 3.7% in 2024 to $124 billion: Economic Survey

According to the World Bank, India has the largest emigrant population and is the top remittance recipient country.

In 2023, the increase in remittances was driven mainly by declining inflation and strong labour markets in the United States and Europe.
Updated on Jul 22, 2024 02:09 PM IST
PTI |

How FDI inflows from China can help India as per Economic Survey

Economic Survey suggests India can boost exports by attracting FDI from China and integrating into global value chains through 'China plus one' strategy.

A security personnel keeps watch next to a Chinese Communist Party flag.(Reuters)
Updated on Jul 22, 2024 02:02 PM IST
By | Edited by Mallika Soni

Paradigm shift needed to counter rising mental health issues: Economic Survey

Mental health drags down productivity more widely in the ecosystem than individuals' physical health issues, Economic Survey noted.

Quoting the National Mental Health Survey (NMHS) 2015-16 data, the survey said 10.6 per cent of adults suffered from mental disorders in India.
Updated on Jul 22, 2024 01:52 PM IST
PTI |

PM Modi's 'Amrit Kaal' growth strategy in Economic Survey: 6 key focus areas

Economic Survey highlights key areas for growth in Amrit Kaal, including boosting private investment and expanding MSMEs.

Prime Minister Narendra Modi in New Delhi.(PTI)
Updated on Jul 22, 2024 03:29 PM IST
By | Edited by Mallika Soni

Economic Survey on retail inflation: ‘Government and RBI’s intervention helped'

Economic Survey said in FY22 and FY23, COVID-19 pandemic, geopolitical tensions, and supply disruptions contributed to rising inflationary pressures globally.

A police officer walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India.(Reuters)
Updated on Jul 22, 2024 01:30 PM IST
ANI |

Union Budget 2024: This mutual fund will benefit if Section 80C limit is raised

A revision in tax exemption limits of the Income Tax Act's Section 80C would benefit ELSS Mutual Fund investors.

Union Finance Minister Nirmala Sitharaman (PTI)
Published on Jul 22, 2024 01:23 PM IST
By | Edited by Abhyjith K. Ashokan

Economic Survey praises Indian stock markets: ‘Exemplary performance’

Indian stock markets outperforming globally in FY24, owing to resilience and strong domestic investor base, says Economic Survey.

A screen displays stock numbers outside the Bombay Stock Exchange (BSE) building in Mumbai.(PTI)
Updated on Jul 22, 2024 01:38 PM IST
By | Edited by Mallika Soni

Economic Survey on China: ‘Can India fill manufacturing gaps left by Beijing?’

The dynamics of India-China economic relations continue to be “extremely complex and intertwined”, the Survey noted.

The Chinese national flag is seen in Beijing, China.(Reuters)
Updated on Jul 22, 2024 01:12 PM IST
By | Edited by Mallika Soni

Indian economy on strong wicket amid geopolitical issues: Economic Survey

The Indian economy is on a strong wicket and stable footing, demonstrating resilience in the face of geopolitical challenges, as per the Economic Survey.

PM Narendra Modi is seen. (PTI)
Updated on Jul 22, 2024 01:03 PM IST
ANI |

Economic Survey out ahead of Budget: What it says on GDP, inflation and more

The growth estimated by the Economic Survey, ahead of the Union Budget, is in line with the International Monetary Fund’s estimate.

Economic Survey: The growth estimated by the Economic Survey, ahead of the Union Budget, is in line with the International Monetary Fund’s estimate.
Updated on Jul 22, 2024 01:07 PM IST
By | Edited by Mallika Soni

Union Budget 2024: 6 new changes to income tax that the new budget may bring

The upcoming Union Budget 2024 is expected to bring a numbe rof changes to income tax for higher taxpayer convenience.

Union Finance Minister Nirmala Sitharaman at Parliament, during the ongoing Budget Session, in New Delhi. (PTI)
Published on Jul 22, 2024 11:48 AM IST
By | Edited by Abhyjith K. Ashokan

Dolly Khanna adds 5 new stocks to portfolio: How she adjusted her investment

Dolly Khanna adds five new stocks to her portfolio in June quarter, spending ₹68 crore.

Dolly Khanna acquires stakes in Super Sales India, Selan Exploration Tech, Emkay Global Financial, Nile, and Tinna Rubber and Infrastructure.
Updated on Jul 22, 2024 10:19 AM IST
By | Edited by Mallika Soni

Union Budget 2024: How will the stock market react to capital gains tax changes?

The government is likely to make changes in capital gains tax in the Union Budget 2024, which could have significant implications for the stock market.

A man walks out of the Bombay Stock Exchange (BSE) building in Mumbai, India, February 28, 2020. (Hemanshi Kamani/Reuters)
Updated on Jul 23, 2024 06:03 AM IST
By | Edited by Abhyjith K. Ashokan

OnePlus Nord 4 hasn’t forgotten why it exists, and it’s a reason for consistency

It is clear that this phone will have strong competition to contend with, and what should help is the Nord 4’s metal build, strong battery life and a familiar software

The OnePlus Nord 4’s charm offensive begins with an aluminium unibody and it is priced at <span class='webrupee'>₹</span>29,999 onwards. (Vishal Mathur | HT Photo)
Published on Jul 22, 2024 08:47 AM IST

Budget 2024 Expectations Live Updates: Will Nirmala Sitharaman change tax slabs?

Budget 2024 Expectations Live Updates: Experts believe that the Budget is likely to focus more on infrastructure and social welfare schemes.

Live live Budget 2024 Expectations Live Updates: Union Finance Minister Nirmala Sitharaman at Parliament in New Delhi. (PTI)
Updated on Jul 22, 2024 05:39 PM IST

PhonePe CEO on Karnataka job quota bill remarks: ‘Truly sorry, didn't intend to…

PhonePe CEO Sameer Nigam apologizes for comments on Karnataka's job reservation Bill, expresses gratitude for supportive business environment in the state.

PhonePe CEO Sameer Nigam's post slamming Karnataka's private job quota bill received various reactions. (X/@_sameernigam)
Updated on Jul 23, 2024 07:09 AM IST
By | Edited by Mallika Soni

Latest Business News, Live Updates Today July 22, 2024

Latest business News, Live Updates Today: Get real-time updates on the biggest news from the world of business, stock market and more.

live Latest news on July 22, 2024: Chief Economic Advisor V Anantha Nageswaran addresses a press conference after tabling of the Economic Survey 2023-24 in Parliament by Union Finance Minister Nirmala Sitharaman, in New Delhi. (PTI)
Updated on Jul 22, 2024 05:15 PM IST

Amazon in talks with Swiggy to buy Instamart? ‘Swooped in with interest’

Amazon India in talks with Swiggy for potential Instamart deal as it seeks stake in pre-IPO placement or buyout, a report claimed.

Amazon will need to move swiftly, the report claimed, as early discussions may not lead to a transaction due to the complicated structure of the deal.
Updated on Jul 22, 2024 08:05 AM IST

Economic Survey 2024 Highlights: ‘Economy on strong wicket, stable footing’

Economic Survey 2024 Highlights: RBI expects headline inflation to be 4.5% in FY25 and 4.1% in FY26, Economic Survey notes.

live Economic Survey 2024 Highlights: Union Finance minister Nirmala Sitharaman is seen. (PTI)
Updated on Jul 22, 2024 03:34 PM IST

Geopolitics overtakes inflation at top of sovereign wealth fund worry list

SOVEREIGNWEALTH-REPORT/INVESCO:Geopolitics overtakes inflation at top of sovereign wealth fund worry list

Geopolitics overtakes inflation at top of sovereign wealth fund worry list
Published on Jul 22, 2024 04:32 AM IST
Reuters |

Economic Survey to be tabled in Parliament today ahead of Budget

Finance minister to table Economic Survey on July 22 to provide key insights on economy ahead of Budget. Here are ten things to know

Economic Survey: Finance minister Nirmala Sitharaman is seen. (PTI)
Updated on Jul 22, 2024 11:41 AM IST
By | Edited by Mallika Soni

Lighter bags, heavier hearts: Home, restaurant kitchens feel pinch of vegetable price rise

Lighter bags, heavier hearts: Home, restaurant kitchens feel pinch of vegetable price rise

Lighter bags, heavier hearts: Home, restaurant kitchens feel pinch of vegetable price rise
Published on Jul 21, 2024 01:26 PM IST
PTI |
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