₹12,06,92,00,00,000. That’s a little over ₹1.2 trillion rupees – or ₹1.2 lakh crores. This is the amount of money the government would have to shell out if it were to redeem all outstanding sovereign gold bonds (SGBs) today (April 1, 2025), at the prevailing gold price of ₹9,284/gram. In a written reply to parliament, the […]
Congress flagging threats to economy, when will PM listen: Jairam Ramesh – CNBC TV18
The Congress on Saturday (March 15) said it has flagged a decade-long real income stagnation, a consumption boom entirely driven by the expansion of credit and deepening inequality as the three threats to the economy, and wondered what will it take for Prime Minister Narendra Modi to hear them. Congress general secretary of communications Jairam […]
Exclusive | We asked three FIIs if India is ripe enough for a rally – here’s what they said – CNBC TV18
Despite heavy foreign outflows of over $20 billion since September 2024, top global investors remain optimistic about India’s long-term growth prospects, even as they acknowledge near-term concerns over valuations and cyclical adjustments. Speaking at Moneycontrol’s Global Wealth Summit, Vishal Mahadevia, Managing Director and Head of Asia Private Equity at Warburg Pincus, dismissed the notion of […]
Indian economy nears $4 trillion mark in FY25: CEA Anantha Nageswaran – CNBC TV18
India’s economy is on the verge of crossing the $4 trillion mark in FY25, with the latest nominal GDP estimate standing at ₹331 lakh crore, or approximately $3.942 trillion, Chief Economic Adviser (CEA) V Anantha Nageswaran said on Friday. The final figure, he noted, will depend on the exchange rate. “The economy is on the […]
India is now the second least favoured Asian stock market, BoFA Survey says – CNBC TV18
Indian equity markets have become the second-least favoured stock market in Asia, according to the latest Bank of America (BofA) fund manager survey. Company Value Change %Change Benchmark indices in India have been under pressure since the start of 2025 as an exodus of foreign investors and muted earnings growth have dragged the Nifty 50 […]
Budget 2025 has struck a fine balance between growth and fiscal prudence, says economist Sriram Balasubramanian – CNBC TV18
The Union Budget 2025 has “struck a very good balance,” according to economist Sriram Balasubramanian. With a clear focus on stimulating consumption through tax relief for the middle class while maintaining fiscal discipline and capital expenditure, Finance Minister Nirmala Sitharaman’s 8th consecutive budget aims to bolster economic momentum without unsettling financial stability. One of the […]
Insurance, direct tax tweaks likely in Union Budget 2025 – CNBC TV18
With the Union Budget session just around the corner, significant legislative changes are anticipated. CNBC-TV18 has learned from sources that the long-anticipated Insurance Amendment Bill is likely to be tabled. This proposal, initially expected during the winter session, was deferred but is now slated for discussion. This bill aims to enhance foreign direct investment (FDI) […]
Budget 2025: Enhanced liquidity mechanisms to co-lending reforms – here’s what MSMEs want – CNBC TV18
As the Union Budget 2025 approaches, the spotlight is firmly on empowering India’s Micro, Small, and Medium Enterprises (MSMEs). Non-banking financial companies (NBFCs) and fintech leaders are advocating for increased liquidity, innovative financing mechanisms, and policy reforms to address the sector’s critical funding challenges. With MSMEs driving employment and economic growth, the government faces significant […]
Budget 2025: Government likely to front-load capex for infrastructure, healthcare, and EV sectors – CNBC TV18
As the Union Budget 2025 approaches, sources have revealed that the government plans to front-load capital expenditure (capex) with a sharp focus on infrastructure development, healthcare, and the electric vehicle (EV) sector. The government’s strategy hinges on the belief that such investment will generate employment opportunities and, in turn, boost consumption. The budget is expected […]
Davos 2025 | Petrochemicals set to become $1 trillion industry by 2040: Andhra CM Naidu – CNBC TV18
Andhra Pradesh Chief Minister N Chandrababu Naidu highlighted the state’s robust growth in the petrochemicals sector, which is currently expanding at a compound annual growth rate (CAGR) of over 7%. Company Value Change %Change Speaking to CNBC-TV18 at the World Economic Forum (WEF) in Davos on Tuesday, January 21, 2025, Naidu shared his optimistic view […]