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New Delhi: Bank credit growth in India continues to remain resilient with 11.5 per cent year-on-year growth, reflecting sustained lending momentum across key segments of the economy, the government said on Tuesday. “As per the latest data released by the Reserve Bank of India, total bank credit stood at Rs 195.3 lakh crore as of…
New Delhi: Credit card spending eased by Rs 2.5 billion in October to Rs 2,142 billion, a moderation of 1.1 per cent month‑on‑month but an increase of 6.1 per cent year‑on‑year, driven by a sharp shift toward point‑of‑sale transactions, a report said on Tuesday. “The strong POS growth can likely be attributed to festive (Diwali)…
New Delhi: The taxable value of all supplies under GST surged by a robust 15 per cent during September-October this year, compared to the same period in 2024 due to sharp increase in consumption triggered by the tax rate cuts on goods across sectors that kicked in from September 22, according to official sources. The…
Nifty hit its all-time high levels with the Indian markets extending rally this morning. Nifty 50, the benchmark index that tracks the 50 most valuable companies listed on the National Stock Exchange, is trading above 26,277 points, the previous all-time high recorded in September 2004. It took about 289 sessions and roughly 14 months for…
New Delhi: Both the number of establishments and overall employment in India’s unincorporated non-agricultural sector enterprises recorded a robust growth in the July-September quarter of 2025 compared to the same quarter of the previous year, despite global headwinds, according to a statement issued by the Ministry of Statistics on Tuesday. The estimated number of establishments…
Last Updated:November 22, 2025, 5:50 PM IST The visuals from the temple site show shimmering sandstone pillars, gold-plated kalash work, polished pathways, and the grand spire ready for the Dhwajarohan ceremony More than Rs 2,150 crore has been invested so far in the Ram Temple and associated development projects. Image/X Ayodhya’s Ram Mandir structure is now…
Indian Railways has announced a major reduction in freight charges for transporting bulk cement in tank containers, a move expected to lower overall cement prices – especially for housing and infrastructure projects. Railway Minister Ashwini Vaishnaw unveiled the revised policy in New Delhi on November 18, calling it a “game changer” aimed at reducing construction…
New Delhi: The government on Monday said that cumulative exports (merchandise and services) during April-October 2025 this fiscal (FY26) is estimated at $491.80 billion, a growth of 4.84 per cent compared to $469.11 billion in April-October 2024 last fiscal (FY25). The cumulative value of merchandise exports during April-October 2025 was $254.25 billion, as compared to…
Mumbai: The RBI is likely to go in for another policy rate cut before the end of the year, which, along with fiscal consolidation and domestic regulatory easing, would lead to a gradual recovery in credit demand, according to a Goldman Sachs report. “We expect an additional policy rate cut before year-end, and the recent…
Last Updated:October 03, 2025, 20:24 is The tax relief has empowered families to spend more freely, leading to record-breaking upgrades in vehicles and home appliances The rationalisation of GST slabs by the government, which eased the tax burden on aspirational and essential goods, has successfully fostered an environment of confident spending. (Representational image/News18) India’s consumer economy…