Business News

Business

Global Economic Recovery in the Balance: India's Path Amid Uncertainty

India's economy faces a slowdown with growth dropping to 5.4%, prompting calls for policy rate cuts to stimulate demand. Despite urban demand slowing, rural demand remains strong. ...

Business

Indian Liquor Makers Seek FSSAI Standards for Homegrown Single Malt Whisky

Indian liquor manufacturers are planning to approach FSSAI for setting separate standards for Indian single malt whisky, aiming to maintain its global reputation and quality as it ...

Business

FY 24 Health Insurance Claims: A Deep Dive into the 71% Settlement Rate

In FY 24, health insurers settled 71.3% of Rs 1.2 lakh crore claims, facing challenges with disallowed and outstanding claims. Public sector insurers led premium collections, while...

Business

RBI Raises Alarm Over Surging Attrition Rates in Private Sector Banks

The Reserve Bank of India (RBI) warns of high attrition rates in private sector and small finance banks, highlighting operational risks and the need for strategic measures to impro...

Business

Deloitte Predicts Robust Economic Growth of 6.5-6.8% for FY25

Deloitte forecasts a 6.5-6.8% economic growth for FY25, with a slight increase to 6.7-7.3% in FY26, driven by consumption. The first half of FY25 saw slower growth due to election ...

Business

CII Advocates for Fuel Excise Duty Reduction to Stimulate Economic Growth

The Confederation of Indian Industry (CII) proposes reducing excise duty on fuel and personal income tax rates to stimulate economic growth, address inflation, and enhance consumpt...

Business

Indian Family Offices Amplify Investments in Promising Startups Across Diverse Sectors

Indian family offices are increasingly investing in startups across various sectors for higher returns, focusing on emerging areas like chip technology and green energy. The ecosys...

Business

Top Stock Picks for December 30: Brokerages' Insightful Recommendations

Brokerages recommend key stocks for investment, highlighting JSW Infrastructure, Epack Durable, and Coforge among others. These picks are based on growth potential, industry trends...