"BCCI Refuses to Travel to Pakistan for 2025 ICC Champions Trophy, Requests Matches in Dubai"
In a significant development ahead of the 2025 ICC Champions Trophy, the Board of Control for Cricket in India (BCCI) has officially informed the Pakistan Cricket Board (PCB) that the Indian cricket team will not travel to Pakistan for the tournament. Citing security concerns, the BCCI has requested that all of India's matches be moved to Dubai instead, as confirmed by an anonymous BCCI official to the Indian Express. This stance has been consistent, and the BCCI has made it clea
"BCCI Refuses to Travel to Pakistan for 2025 ICC Champions Trophy, Requests Matches in Dubai"
In a significant development ahead of the 2025 ICC Champions Trophy, the Board of Control for Cricket in India (BCCI) has officially informed the Pakistan Cricket Board (PCB) that the Indian cricket team will not travel to Pakistan for the tournament. Citing security concerns, the BCCI has requested that all of India's matches be moved to Dubai instead, as confirmed by an anonymous BCCI official to the Indian Express. This stance has been consistent, and the BCCI has made it clea
"RBI Cuts GDP Growth Forecast to 6.8% Amid Festival Season Optimism"
The Reserve Bank of India (RBI) has reduced its GDP growth forecast for India to 6.8% for the second quarter of fiscal 2024-25, a decrease of 20 basis points. In its October bulletin titled "State of the Economy," the RBI attributed this revision to a slackening momentum observed in some high-frequency indicators, which were partially impacted by unusual heavy rainfall in August and September. This latest forecast is lower than the previous projection of 7% made by RBI Gov
"RBI Cuts GDP Growth Forecast to 6.8% Amid Festival Season Optimism"
The Reserve Bank of India (RBI) has reduced its GDP growth forecast for India to 6.8% for the second quarter of fiscal 2024-25, a decrease of 20 basis points. In its October bulletin titled "State of the Economy," the RBI attributed this revision to a slackening momentum observed in some high-frequency indicators, which were partially impacted by unusual heavy rainfall in August and September. This latest forecast is lower than the previous projection of 7% made by RBI Gov
India Can Achieve Economic Growth Comparable to China, Says CII Chairman
Jamshyd Godrej, Chairman of the CII-Sorabji Green Business Centre, has expressed confidence that India can emulate the remarkable economic growth that China experienced in recent decades. Speaking exclusively on Wednesday, Godrej emphasized that achieving such growth rates, similar to China's average GDP growth of 9.91% from 1979 to 2010, is within India's reach. However, he stressed the need for enhanced coordination between Indian industries and the government in policymaking.
India Can Achieve Economic Growth Comparable to China, Says CII Chairman
Jamshyd Godrej, Chairman of the CII-Sorabji Green Business Centre, has expressed confidence that India can emulate the remarkable economic growth that China experienced in recent decades. Speaking exclusively on Wednesday, Godrej emphasized that achieving such growth rates, similar to China's average GDP growth of 9.91% from 1979 to 2010, is within India's reach. However, he stressed the need for enhanced coordination between Indian industries and the government in policymaking.
India's Wholesale Inflation Surges in September: Food Prices Drive Growth | WPI, Inflation, Food Prices, Economic Trends
India's wholesale inflation experienced a notable increase in September, driven largely by rising food prices, as reported by the Ministry of Commerce and Industry. The Wholesale Price Index (WPI) climbed by 1.84% compared to 1.31% in August on a year-on-year basis. This uptick in inflation comes amidst a broader context of economic fluctuations. The inflation rate for manufactured products, which constitutes a significant portion of the index, saw a slower growth rate of 1% in
India's Wholesale Inflation Surges in September: Food Prices Drive Growth | WPI, Inflation, Food Prices, Economic Trends
India's wholesale inflation experienced a notable increase in September, driven largely by rising food prices, as reported by the Ministry of Commerce and Industry. The Wholesale Price Index (WPI) climbed by 1.84% compared to 1.31% in August on a year-on-year basis. This uptick in inflation comes amidst a broader context of economic fluctuations. The inflation rate for manufactured products, which constitutes a significant portion of the index, saw a slower growth rate of 1% in
"Weekly Business Wrap: Ratan Tata's Legacy, RBI's Neutral Stance, and the Rupee's Decline"
The past week was significant in shaping India's economic narrative, marked by the death of industrialist Ratan Tata and shifts in monetary policy. Ratan Tata's Passing and Noel Tata's Appointment: India mourned the loss of Ratan Tata, the revered former chairman of Tata Sons, who passed away at 86. In a board meeting, Noel Tata was appointed as the new Chairman of Tata Trusts, a pivotal moment in the continuity of the Tata legacy. Noel, wh
"Weekly Business Wrap: Ratan Tata's Legacy, RBI's Neutral Stance, and the Rupee's Decline"
The past week was significant in shaping India's economic narrative, marked by the death of industrialist Ratan Tata and shifts in monetary policy. Ratan Tata's Passing and Noel Tata's Appointment: India mourned the loss of Ratan Tata, the revered former chairman of Tata Sons, who passed away at 86. In a board meeting, Noel Tata was appointed as the new Chairman of Tata Trusts, a pivotal moment in the continuity of the Tata legacy. Noel, wh
"Australia vs Pakistan: Women's T20 World Cup 2024 "
Australia is set to face Pakistan in a crucial Group A match at the Women's T20 World Cup 2024 in Dubai. The defending champions are riding high after a commanding 60-run victory over New Zealand in their previous encounter. Conversely, Pakistan comes into this match looking to bounce back after suffering a disappointing six-wicket defeat against arch-rivals India. For Pakistan, this match is vital as they aim to secure a significant win against Australia to keep their hopes of
"Australia vs Pakistan: Women's T20 World Cup 2024 "
Australia is set to face Pakistan in a crucial Group A match at the Women's T20 World Cup 2024 in Dubai. The defending champions are riding high after a commanding 60-run victory over New Zealand in their previous encounter. Conversely, Pakistan comes into this match looking to bounce back after suffering a disappointing six-wicket defeat against arch-rivals India. For Pakistan, this match is vital as they aim to secure a significant win against Australia to keep their hopes of
"Pakistan Makes History for the Wrong Reasons: Test Loss After Scoring 556 Runs in First Innings"
In a shocking turn of events, the Pakistan cricket team scored a formidable 556 runs in their first innings during the Multan Test, only to suffer a crushing defeat by an innings and 47 runs against England. The visitors responded with a staggering 823/7 before declaring, marking a record-breaking innings in Test cricket history. This defeat made Pakistan the first team ever to lose a Test match by an innings after scoring over 500 runs in the first innings. The match was characteri
"Pakistan Makes History for the Wrong Reasons: Test Loss After Scoring 556 Runs in First Innings"
In a shocking turn of events, the Pakistan cricket team scored a formidable 556 runs in their first innings during the Multan Test, only to suffer a crushing defeat by an innings and 47 runs against England. The visitors responded with a staggering 823/7 before declaring, marking a record-breaking innings in Test cricket history. This defeat made Pakistan the first team ever to lose a Test match by an innings after scoring over 500 runs in the first innings. The match was characteri
"Uber, Ola, and Porter Lag in Fairwork India Ratings 2024: BigBasket and Zomato Lead the Pack"
The 2024 Fairwork India Ratings have revealed a concerning trend for major ride-hailing platforms Uber and Ola, as well as logistics startup Porter, which continue to lag at the bottom of the index designed to assess the fairness with which companies treat their gig workers. In stark contrast, Tata-owned BigBasket, Zomato, Swiggy, and Urban Company topped the ratings, mirroring last year's results. This year's study evaluated 11 platforms, including Amazon Flex, BluSmart, Fl
"Uber, Ola, and Porter Lag in Fairwork India Ratings 2024: BigBasket and Zomato Lead the Pack"
The 2024 Fairwork India Ratings have revealed a concerning trend for major ride-hailing platforms Uber and Ola, as well as logistics startup Porter, which continue to lag at the bottom of the index designed to assess the fairness with which companies treat their gig workers. In stark contrast, Tata-owned BigBasket, Zomato, Swiggy, and Urban Company topped the ratings, mirroring last year's results. This year's study evaluated 11 platforms, including Amazon Flex, BluSmart, Fl
GST Collections Rise 6.5% Year-on-Year to ₹1.73 Lakh Crore in September
In a positive sign for the Indian economy, the Goods and Services Tax (GST) collections for September 2023 increased by 6.5% year-on-year, totaling ₹1.73 lakh crore. This marks a rise from ₹1.63 lakh crore collected in September of the previous year. The net GST collection after refunds stood at ₹1.53 lakh crore, showing a growth of 4% compared to ₹1.47 lakh crore in September 2022. So far this fiscal year, the government has recorded a gross GST revenue of ₹10.87 lakh cro
GST Collections Rise 6.5% Year-on-Year to ₹1.73 Lakh Crore in September
In a positive sign for the Indian economy, the Goods and Services Tax (GST) collections for September 2023 increased by 6.5% year-on-year, totaling ₹1.73 lakh crore. This marks a rise from ₹1.63 lakh crore collected in September of the previous year. The net GST collection after refunds stood at ₹1.53 lakh crore, showing a growth of 4% compared to ₹1.47 lakh crore in September 2022. So far this fiscal year, the government has recorded a gross GST revenue of ₹10.87 lakh cro
Pakistan Faces "Transitional Pain" as IMF Approves $7 Billion Relief Package
On Thursday, Pakistan's government announced that it would need to endure "transitional pain" following the International Monetary Fund's (IMF) approval of a new $7 billion relief package aimed at stabilizing its faltering economy. While the nation's economy has shown signs of stabilization since narrowly avoiding default last summer, it remains heavily reliant on IMF bailouts and support from friendly countries to manage its substantial debt, which consumes nearly half
Pakistan Faces "Transitional Pain" as IMF Approves $7 Billion Relief Package
On Thursday, Pakistan's government announced that it would need to endure "transitional pain" following the International Monetary Fund's (IMF) approval of a new $7 billion relief package aimed at stabilizing its faltering economy. While the nation's economy has shown signs of stabilization since narrowly avoiding default last summer, it remains heavily reliant on IMF bailouts and support from friendly countries to manage its substantial debt, which consumes nearly half









