IMF retains growth projection for India at 6.5 pc for FY26, FY27
The International Monetary Fund (IMF) retained its growth projection for India at 6.5 per cent for FY26 and FY27, holding that it is “in line with potential.”
The International Monetary Fund (IMF) retained its growth projection for India at 6.5 per cent for FY26 and FY27, holding that it is “in line with potential.”
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the revival plan for RINL for a total of Rs 11,440 crore.
At close, the Sensex was down 423.49 points or 0.55 per cent at 76,619.33, and the Nifty was down 108.60 points or 0.47 per cent at 23,203.20.
The Centre is taking pre-emptive and timely decisions to ensure price stability of various commodities in the interest of consumers and farmers. In fact, steps like incentivising domestic production, import, and export policies to ensure overall availability and affordability of essential food commodities are being taken up.
LTIMindtree posted a 7.1 per cent year-on-year increase in revenue to Rs 9,661 crore but the company's net profit fell during the October-December quarter of the current financial year amid rising expenses.
Paytm on Wednesday has announced the launch of a new UPI statement download service.
M Nagaraju, Secretary, Department of Financial Services (DFS) reviewed the progress of credit disbursement to agri-allied activities including animal husbandry, dairying and fisheries.
The numbers will be released the next working day if the 12th falls on a holiday of CPI and the previous working day if the 12th falls on a holiday in case of IIP, the ministry said.
The floor price for the same is fixed at Rs 505 a piece, which is nearly 10% discount to the current market price.
Both the benchmark indices closed the session with positive gains experiencing a notable recovery from its lows on Tuesday.
