Domestic Consumption
Morgan Stanley Upgrades India's FY25 GDP Growth Forecast To 6.8%, Citing Economic Strength
Economy National News

Crisil Ratings Forecasts 6.8% GDP Growth For India In FY25

Crisil Ratings, an Indian rating agency, forecast a 6.8 per cent growth in India’s GDP for the upcoming fiscal year. Their India Outlook report predicts the country’s economy will benefit from domestic reforms and cyclical trends, potentially solidifying its position as the world’s third-largest economy by 2031. The report acknowledges a projected moderation from the […]

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Russia Remains Top Oil Source For India, Despite Red Sea Woes
Government National News

India Hikes Windfall Tax On Crude Oil Again, Now Up To Rs 3,200 per Tonne

India raised the windfall tax on petroleum oil to Rs 3,200 per tonne on Saturday, a considerable increase from the previous rate of Rs 1,700. Furthermore, the windfall tax on diesel and aviation turbine fuel remains unchanged, at zero, as stated by the government late last Friday. This development follows a preceding decision on 16 […]

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Bulk Drugs Segment Of Indian Pharma Sector To See 6-8% Growth In FY24
Health National News

Bulk Drugs Segment Of Indian Pharma Sector To See 6-8% Growth In FY24

The bulk drugs segment of the Indian pharmaceutical sector is expected to see revenue grow at 6 to 8 per cent this fiscal year, helped by higher sales volume stemming from a stable growth outlook, according to a Crisil Ratings report. The bulk drug segment posted 8-10 per cent revenue growth last fiscal, mainly because […]

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