- Corporations and governments have raised roughly $184.5 billion across all kinds of bonds globally this year through Tuesday, with more deals expected to price later this week, according to data compiled by Bloomberg.
- India’s GDP growth for FY25 is estimated at 6.4%, a sharp slowdown from 8.2% last year. While agriculture shows improvement, most sectors are projected to report slower growth.
- Abhishek Upadhyay, Senior Economist at ICICI Securities, expects growth to be between 6.5% and 7% for the next year, based on anticipated credit growth and the expectation that the Reserve Bank of India will ease its policies, providing a boost.
- The budget consultations with industries have already concluded at North Block and sources indicated that key budget makers are grappling with a slew of challenges that “will be evident in the upcoming budget.”
- The issuance was priced at the lowest-ever spread of 100 basis points (bps) for a USD-denominated public bond by a BBB- rated issuer in Asia, underscoring the robust confidence of global investors in the Indian growth story.
- The Indian government's GDP projection for FY25 is lower than the recent Reserve Bank of India estimate of 6.6% for the current fiscal year ending March 2025.
- The GDP advance estimates for fiscal year 2025 show a mixed picture. The manufacturing sector will report the sharpest growth slowdown, with growth estimated to drop from 9.9% to 5.3%. Meanwhile, the agriculture sector is expected to grow at a rate of 3.8%, up from 1.4% in FY24.
- A CNBC-TV18 poll estimates nominal GDP growth for the year at 9.9%, falling short of the 10.5% growth projected in the 2023-24 (FY24) Budget, which expected a GDP of ₹326.3 lakh crore.
- In the course of the consultations, Sitharaman expressed gratitude to the participants for sharing valuable suggestions and assured experts and representatives that their suggestions would be carefully examined and considered while preparing the Union Budget 2025-26. Additionally, from January 10, 2025, citizens may share their valuable suggestions and ideas for the Union Budget 2025-26 on […]
- Last month, government sources had told CNBC TV18 that a scheme for mandatory hallmarking for silver was currently under consideration and several issues in terms of implementation were being worked out.
- Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 closed at 23,707.90, while Sensex ended at 78,199.11.
- Mark Matthews from Bank Julius Baer & Co also outlined several reasons why the S&P 500 could see a significant correction in 2025.
- KEC International Share Price | "The 765 kV order from PGCIL for evacuation of green energy has boosted our T&D order book in India. Our Transportation business has strengthened its presence in the growing TCAS segment under ‘Kavach’ to enhance the safety of Indian Railways with world class technology. The Oil & Gas Pipelines business […]
- L&T Share Price | L&T classifies orders in the ₹1,000 crore to ₹2,500 crore range as 'significant'.
- Among the key themes for 2025, CLSA has cited a demand recovery in the offing for the sector. It also expects consolidation and capacity expansion to continue and profitability for these companies to be aided by a low base and cost savings.
- Under the revised guidelines, any delay in paying interest or principal—even if due to minor technical errors—results in a default classification.
- From a 10% share at the start of the year, Paytm's share in the UPI market has nearly halved to 5.5% by the end of the year. For the October / November period too, Paytm's share stood at 5.5%.
- GMR Power Share Price | The project, estimated to cost ₹3,467.02 crore, is being executed in consortium with Bosch Global Software Technologies Private Ltd (Bosch) as the technical partner, GMR Power said in a stock exchange filing.
- At the same time, the US dollar is getting stronger with the dollar index at nearly 109. US government bonds are also offering good returns, with 10-year yields at 4.62%, attracting global investors. This has drawn funds away from emerging markets like India, adding to the pressure on the rupee
- Shares of Spandana Sphoorty have surged up to 35% in the last two trading sessions, while those of CreditAccess Grameen have snapped a three-day losing streak.