The International Monetary Fund (IMF) on Tuesday slashed India's economic outlook for financial year 2022-23 to 7.4%. The outlook has been revised down by 0.8 percentage point. The forecast is sharply lower than IMF's previous estimate of 8.2% for FY23. However, it is marginally higher than Reserve Bank of India's (RBI) latest estimate of 7.2% growth rate for FY23. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take on the matter.

The Biden administration must be alarmed by the recent decisions by several foreign corporations to either pull out of the Indian market or put their long-term plans on hold. The U.S. has, for years, hoped to assist India’s rise as a way of checking China’s growing power. But even though India is the world’s fastest growing major economy, its economic policies continue to disappoint American, European and Japanese officials and investors. In this episode of the Business Tit-Bits, our Business Editor Mr AKhilesh Bhargava shares his take on the matter.

"At present Currencies around the world were being pushed down by the dollar as countries sought to combat inflation by raising interest rates at the risk of entering a recession. Major global currencies such as the Euro, Pound, Yen, Australian Dollar, Swiss Franc, and New Zealand Dollar have fallen between 8 and 17 percent this year, according to Trading Economics data. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take on the matter.

Amid a funding crunch globally, frugality and unit economics have become the buzz words among startups as they focus more on profitability and curtailing costs. Investors, founders and recruiters we spoke to said there will be a cost-cutting drive across startups amid increased investor scrutiny of money-guzzling business models. Marketing budgets are getting slashed, layoffs are becoming commonplace, founders and top management are taking pay cuts, and perquisites — that include free food at the workplace — are being taken away, at least at some startups for the time being.

"Nomura has cut its 2023 forecast for economic growth in India, as measured by the gross domestic product (GDP), to 4.7 per cent from its earlier projection of 5.4 per cent amid recession fears and rising interest rates. In this episode of business tit bits our Business Editor Mr.Akhilesh Bhargava shares his take on the matter

Market regulator Sebi has penalised 18 entities, including the National Stock Exchange (NSE), its former managing director Chitra Ramkrishna and group president Ravi Varanasi, in the ‘dark fibre’ case. The Securities and Exchange Board of India (Sebi) has imposed penalties of Rs 7 crore on the NSE, and Rs 5 crore each on Ramkrishna and Varanasi. It also levied a fine of Rs 5 crore on former NSE group operating officer Anand Subramanian. Further, it slapped a fine of Rs 6 crore on Way2Wealth Brokers, Rs 5 crore on GKN Securities and Rs 3 crore on Sampark Infotainment. According to a Sebi order passed Tuesday, they have been asked to pay the total amount of penalty within 45 days. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take on the matter.

India’s real gross domestic product (GDP) is set to grow 7.5 per cent in the current fiscal year (FY23) and this will make it the fastest-growing major economy in the world, Prime Minister Narendra Modi said on Thursday, while virtually addressing the BRICS Business Forum. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take on the matter.

RBI is confident of exiting from ultra-loose monetary policy smoothly and ensuring a soft landing for the economy, said Governor Shakikanta Das at a banking event, the FE Modern BFSI Summit on June 17. The governor "truly and sincerely" believes the Reserve Bank of India was in sync with the requirements of the economy, he said at an inaugural address at the FE Modern BFSI Summit. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take on the matter.

"The Central Bureau of Investigation (CBI) has named 10 non-government organisations (NGOs), including Omidyar, a US-based organization, as accused in the case of allegedly conspiring to illegally facilitate the registration and renewal of Foreign Contribution (Regulation) Act (FCRA) licences. FCRA is a mandatory requirement to receive foreign funds. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take on the matter.

In this episode of the Business Tit-Bits, our business editor Mr Akhilesh Bhargava shares his take on the matter.