Goldman Sachs ups India’s GDP growth forecast

IANS | May 27, 2024 7:21 PM

New Delhi, May 27 (IANS) Leading global financial firm Goldman Sachs has revised its forecast for India’s GDP growth by 10 basis points to 6.7 per cent as it expects the government’s heavy investments in big-ticket infrastructure projects to continue with the huge dividend coming in from the RBI.

With last phase of voting left, market volatility would increase

Arun Kejriwal | May 26, 2024 2:33 PM

New Delhi, May 26 (IANS) Markets were on a roll, and they had plenty of action and drama as well in the week gone by. The previously announced holiday on Thursday, on account of Buddha Purnima, was cancelled by the exchanges on Monday, considering the fact that two holidays in a week would break the momentum.

Markets hit all-time high amid strong FII comeback

IANS | May 25, 2024 3:02 PM

Mumbai, May 25 (IANS) Indian equity benchmarks closed at an all-time high this week as Nifty touched the 23,000 points milestone amid a strong comeback from foreign institutional investors (FII).

EPFO adds 14.41 lakh members in March, 57 pc are youths in new jobs

IANS | May 20, 2024 7:43 PM

New Delhi, May 20 (IANS) The Employees’ Provident Fund Organisation (EPFO) payroll data released on Monday shows that as many as 14.41 lakh net members in March this year, reflecting the increased employment created in the country’s organised sector during the month.