Chequered Flag Jan. 7: Headlines At A Glance

Photo Credit: Freepik Today's top stories include India's GDP, Budget 2025 expectations, Microsoft's news and more. Shreya Sur Updated On 09:44 PM IST, 07 Jan 2025

India GDP: FY25 Growth Forecast At 6.4%

The Indian economy is estimated to grow at the slowest pace in four years as per the government's first advance estimates. The gross domestic product is estimated to grow 6.4% in the fiscal 2024-25. Photo Credit: Pralhad Shinde/NDTV Profit [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Budget 2025: Income Tax Cut For Salaries Up To Rs 10 Lakh On Anvil

The policymakers are considering the possibility of further modification in the new tax regime for individuals by reducing tax rates for the income up to Rs 10 lakh during the upcoming Union Budget for the fiscal 2025-26. Photo Credit: Freepik [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Delhi Assembly Election 2025 To Be Held On Feb. 5

The Delhi legislative assembly election will be held on Feb. 5, the Election Commission of India announced on Tuesday. The results will be out on Feb. 8. Photo Credit: PTI [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

NBCC, Torrent Power, Gland Pharma F&O Contracts To Start Trading From Jan. 31

The National Stock Exchange notified that the futures and options contract of six securities, including NBCC (India), Torrent Power and Gland Pharma, would begin trading from Jan. 31. Photo Credit: Freepik [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Benchmark Indices Snap Two-Session Slump

The NSE Nifty 50 ended 91.85 points or 0.39% higher at 23,707.9, and the BSE Sensex advanced 234.12 points or 0.3% to close at 78,199.11. Photo Credit: Vijay Sartape/NDTV Profit [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Microsoft To Invest $3 Billion In India Over Two Years

Microsoft Corp. plans to invest $3 billion in India in cloud and artificial intelligence infrastructure and skilling over the next two years, Chief Executive Officer Satya Nadella said on his visit to India. Photo Credit: Satya Nadella/X Profile [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Budget 2025: Commerce Ministry Calls For Addressing EV Infrastructure

The Commerce Ministry has emphasised the need to address concerns regarding the affordability and efficiency of electric vehicle infrastructure and batteries during the upcoming Union Budget for the fiscal 2025-26. Photo Credit: Unsplash [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Bank Loan-To-Deposit Ratios To Normalise In FY27

Deposit growth lagging credit growth, leading to elevated loan-to-deposit ratio, will persist in fiscal 2026, but may normalise by fiscal 2027, India Ratings and Research said in its outlook. Photo Credit: Freepik [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Jindal Worldwide To Issue Four Bonus Shares For One Share

Jindal Worldwide to issue four bonus shares to its shareholders against one each held by them. Photo Credit: Pralhad Shinde/NDTV Profit [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More: