India a standout performer amidst sluggish global growth trends: Economic Affairs Secretary to World Bank

India’s Economic Affairs Secretary, Ajay Seth, highlighted the impressive growth of India’s economy during a meeting with a World Bank committee in Washington. He noted that despite global challenges, India’s GDP growth estimate for the fiscal year has been revised upwards to 7.6%, showcasing the country’s resilience and strength. Seth emphasized that India’s consistent growth […]

CBDT ready to address queries on Mauritius DTAA update

The clarification follows concerns by tax experts over the agreement opening past investments to scrutiny from tax authorities at the time of exit following the protocol, which was inked on March 7. A key concern expressed by experts is about reopening of past cases in view of the amended provision.

Economy poised for 8-9% growth, says CII President

“We should consider establishing a fund to support new-age manufacturing, similar to the Innovation Fund that the government has already announced. This will play a crucial role in scaling up capacity and capability to create larger large-scale Indian manufacturing businesses,” said Confederation of Indian Industry (CII) president R Dinesh.

Yes Bank Q4 results: PAT jumps 123% to Rs 452 crore

Yes Bank Q4 Result: During the quarter ending on March 31, 2024, Yes Bank disclosed a standalone net profit of Rs 452 crore, marking a substantial increase of 123% compared to the Rs 202.43 crore reported in the same period the previous year. Furthermore, the bank’s interest income saw a notable rise, reaching Rs 7,447.17 […]

Copper and aluminium prices at multi-year highs. Here’s why

Looking ahead, as prices are hovering near multi-year highs, there are chances of a technical correction, but such moves are unlikely to set into major liquidation. Since the supply-demand dynamics are supportive of prices, the ongoing positive sentiment will remain intact for the short run.