Economy

New Delhi,(Aryavarth) Last month the Reserve Bank of India (RBI) had surprised many by announcing huge surplus transfer of Rs 99,122 crore to Centre for nine months ended March 31, 2021....

Mumbai,(Aryavarth) The Reserve Bank of India has projected India's retail inflation for the current financial year at 5.1 per cent. For the first quarter, April-June, the retail inflation or the consumer...

Mumbai,(Aryavarth) The Nifty50 on the National Stock Exchange continued to hit new highs and touched a fresh record high of 15,693.15 points on Thursday morning. The Indian stock market traded in...

New Delhi,(Aryavarth) Sale of large sized housing units (3 BHK and above) rose by 19 per cent across top seven cities in India in the first quarter of 2021 to 30,169...

Mumbai,(Aryavarth) The key Indian equity indices declined on Wednesday morning with the BSE Sensex losing over 300 points. Heavy selling pressure was witnessed in banking, finance and IT stocks. Decline in...

Chennai,(Aryavarth) The economic slowdown caused by the resurgence of Covid-19 in India will impact the performance of asset backed securities (ABS) such as commercial vehicle loans, among others, said Moody's Investors...

Mumbai,(Aryavarth) As the second wave of Covid-19 and the resultant restrictions again cripple economic activities, the State Bank of India (SBI) has revised India's growth outlook downwards for the current financial...

Mumbai,(Aryavarth) The Nifty50 on the National Stock Exchange (NSE) gave up initial gains to turn flat after touching a new record high on Tuesday morning. Nifty50 touched an all-time high of...

New Delhi,(Aryavarth) As the Centre on Sunday announced the expansion of the Emergency Credit Line Guarantee Scheme (ECLGS), industry participants have lauded the move and said it would support more businesses...

Mumbai,(Aryavarth) Tata Sons' subsidiary Tata Digital on Friday said it has acquired a majority stake in supermarket grocery supplies private limited, the company which is better known as BigBasket. According to...

Mumbai,(Aryavarth) The Nifty50 on the National Stock Exchange (NSE) settled at its record closing level on Thursday. It closed at 15,337.85, higher by 36.40 points or 0.24 per cent from its...

Mumbai,(Aryavarth) As India battles the severe second wave of Covid-19 and the states undergo lockdowns, Barclays has cut its growth estimate for India for the current financial year to 9.2 per...