The worst seems to be over for the Indian economy’s growth trajectory, a German brokerage said on Thursday. GDP growth, which had slipped to a seven-quarter-low of 5.4% in the September quarter leading to a lot of concerns over the economy’s strength, is likely to rise to 6.2% in the December quarter, the report by … Read more
The latest round of trade negotiations between India and the United Kingdom has exceeded expectations, with only a few outstanding issues remaining, UK Business and Trade Secretary Jonathan Reynolds told CNBC-TV18 exclusively. He noted that the UK’s new government, under Prime Minister Keir Starmer, is politically stronger, more open to global trade, and better positioned … Read more
The much-anticipated India-UK Free Trade Agreement (FTA) has the potential to usher in a new era of partnership between the two nations, according to Jonathan Reynolds, the British Secretary of Business & Trade. Speaking to CNBC-TV18 during his visit to India, Reynolds emphasised that while timelines are often discussed, the agreement should focus on quality … Read more
Prime Minister Narendra Modi inaugurated the Advantage Assam 2.0 Investment and Infrastructure Summit on Tuesday, February 25, bringing together industry leaders and international business delegations. Company Value Change %Change “The state’s dynamic workforce and rapid growth are driving its transformation into a leading investment destination,” PM Modi said while inaugurating the summit. “Today Assam is … Read more
After giving concessions to US-based Bourbon Whiskey, the Indian government is now considering a review of import duties on alcoholic beverages, particularly Scotch whisky from the United Kingdom, sources have told CNBC-TV18. Company Value Change %Change “A high-level meeting involving the Prime Minister’s Office (PMO), the Ministry of External Affairs (MEA), the Finance Ministry, and … Read more
After a gap of over eight months, India and the UK will resume negotiations for a proposed free trade agreement (FTA) from February 24, an official said. Company Value Change %Change UK’s Secretary of State for Business and Trade Jonathan Reynolds will be here for resumption of the talks. He will hold a bilateral meeting … Read more
The dust has settled down on the Union Budget 2025-26 which was presented on February 1, 2025. Government is expected to spend ₹50,65,345 crore which is 7.4% higher than the revised estimate of 2024-25. Interest payments account for a hefty 25% of the total expenditure. Receipts are expected to be higher by 11.1 % at … Read more
Nagesh Kumar, an external member of the Reserve Bank of India Monetary Policy Committee (MPC), has emphasised that liquidity management measures are just as crucial as rate cuts in stimulating economic growth. At its February 5-7 meeting, the RBI Monetary Policy Committee decided to cut the repo rate by 25 basis points (bps) to 6.25% … Read more
Company Value Change %Change The Reserve Bank of India (RBI) on Friday released draft guidelines proposing the removal of foreclosure charges and prepayment penalties on floating rate loans, inviting public comments by March 21, 2025. Once finalised, the revised rules will apply to eligible loans or advances foreclosed on or after a date specified in … Read more
Rural consumption may be amid a rebound, but a recovery in urban markets may take place in steps over an extended period, said ITC Chairman and Managing Director Sanjiv Puri in an exclusive chat with CNBC-TV18. “A better-than-normal monsoon, improving agricultural sector and slashed interest rates will certainly aid consumption,” said Puri, speaking to CNBC-TV18 … Read more