Business

Phnom Penh: In an updated report Monday, the World Bank said that it maintained its economic growth forecast for Cambodia at 5.5 per cent in 2023 and raised it to 6.1 per cent in 2024. The Southeast Asian country's growth is driven by garment export,...

Chennai: While there will be unanimity on not changing the repo rate from the current 6.5 per cent, there will be divergence within the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) as to the stance, said senior economists. The six-member MPC will meet...

New Delhi: Indian TV manufacturers Monday said that while the ICC Men's Cricket World Cup that starts from October 5 and the festive season are set to boost consumer electronics sales, challenges like ongoing supply chain issues may leave some buyers disappointed. Looking back at...

New Delhi: RBI's interest rate decision, macroeconomic data, global trends and trading activity of foreign investors are the crucial factors to drive equity markets in a holiday-shortened week ahead, analysts said. Markets would remain closed on Monday for Mahatma Gandhi Jayanti. "While global cues will...

Bhubaneswar: Odisha's GST collections increased by 12.85 per cent to Rs 4,249.12 crore in September, officials said Sunday. The state had collected a gross GST revenue of Rs 3,765.17 crore in the same month last year, they said. The collection to be retained by the...

New Delhi: Passenger vehicle wholesales in India rose to record levels in September as automakers dispatched stocks to dealers in order to cater to the robust demand in the ongoing festive season. The industry dispatches stood at 3,63,733 units last month, the best ever in...

New Delhi: Helped by improved compliance, GST collections increased by 10 per cent to over Rs 1.62 lakh crore in September, crossing the Rs 1.6 lakh crore mark for the fourth time during current financial year. Gross GST revenue collected last month was Rs 1,62,712...

New Delhi: Gross GST collection rose 10 per cent to over Rs 1.62 lakh crore in September, crossing the Rs 1.6 lakh crore mark for the fourth time during current financial year. Gross GST revenue collected last month was Rs 1,62,712 crore. Of this, Central...

New Delhi: Private Equity-Venture Capital (PE-VC) funds invested $6 billion (across 139 deals) in India-based companies during the quarter ended September 2023 (Q3'23), shows data from Venture Intelligence, a research service focused on private company financials, transactions, and their valuations. This represents a 15 per...

New Delhi: India's labour-intensive export sectors such as apparels, marine products, plastics, and gems and jewellery are showing a "troubling pattern" as the country is experiencing a decline in global market share across these segments during the last five years, a FIEO report has said....