Business

Budget 2023 Indian Economy to Grow

Budget 2023: Indian economy to grow at 6-6.8% in FY24 according to Economic Survey

Sources have indicated that the Gross Domestic Product (GDP) estimate for the fiscal year 2023, which will be announced during the Budget Session starting at 11 am, is expected to be in the range of 6 to 6.8%. Prior to Finance Minister Nirmala Sitharaman presenting the Economic Survey, the President of India, Droupadi Murmu, will …

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Former SEBI Chairman discusses why India may not be as severely affected by the recession

According to former SEBI and LIC chairman G N Bajpai, the Indian economy is growing favourably and all structural reforms are now becoming available. “India will undoubtedly experience a recession, but only very minimally because our exports are not much impacted. Indian economy is majorly driven by domestic factors,” he addressed at the Business Today …

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Policy Agreement on cryptocurrency - Radium News

According to Finance Ministry sources, a policy agreement on cryptocurrency assets will be established soon

India’s government has finalised a report that was submitted to the Financial Stability and Development Council (FSDC), so there should be clarity regarding the legality for cryptocurrencies in that country very soon. In the next Budget 2023–24, it is unlikely that the Center would declare its choice regarding the legitimacy of virtual digital assets. But …

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Zomato new menu - Radium News

‘Working on a new menu’: Zomato says it won’t shut its 10-minute food delivery service

On Monday, food delivery service Zomato denied media claims that Instant, its 10-minute meal delivery service, was being shut down. It was rumoured that Zomato is shuttering its 10-minute meal delivery service, “Zomato Instant,” less than a year after it launched in an effort to become profitable in the face of difficult market conditions. “Instant …

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maruti

With effect from January 2023, Maruti Suzuki plans to raise automobile costs, citing inflation

Maruti Suzuki India, an automaker, announced on Friday that it intends to raise prices on all its models starting in January 2023. It cited cost challenges brought on by inflation and regulatory obligations. The automaker said in an exchange filing, “While the company makes the maximum effort to reduce cost and partially offset the increase, …

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Essar Group intends to build a Rs 40,000 billion petrochemical facility in Odisha

In a partnership with a major business, Essar Group intends to build a Rs 40,000 crore petrochemical complex in Odisha, the company announced in a statement on Thursday. According to the statement, the oil to the petrochemical complex will have an annual capacity of 7.5 million tonnes. It did not give the identity of the …

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