Economy

Economy News

Malaysia urges India to lift restrictions on sugar & rice exports

“India’s restrictions on shipments of farm commodities are bad for Malaysia”, Ghani said on the sidelines of an event organised by the Indian Vegetable Oil Producers’ Association. Malaysia on Thursday.

Read More
Economy News

Dam levels improve, yet down a fifth on year

As many as 42 of them in southern states currently have 34% capacity filled, as per the Central Water Commission (CWC), which is an improvement from 19% a fortnight back..

Read More
Economy News

Onion procurement target being met

The government has set a target of 0.36 million hectare (MH) for kharif onion this year, which is 27% more than 0.28 MH reported in 2023. The government has procured.

Read More
Economy News

IMF boosts India’s FY25 growth forecast to 7% from 6.8%; maintains global growth outlook

Overall, the IMF said it still expects the world economy to grow a lackluster 3.2 per cent this year, unchanged from its previous forecast in April and down a tick.

Read More
Economy News

Cabinet nod soon for India to join US-led IPEF trade pact

Country still to remain out of key trade pillar The Union cabinet may soon take up a proposal from the commerce and industry ministry, seeking approval for the country to.

Read More
Economy News

ADB retains India growth forecast at 7% for FY25

The lowest value since September 2009, when the Centre for Monitoring of Indian Economy (CMIE) started collecting data on capex plans of the government and the private sector, is partly.

Read More
Economy News

Budget 2024 Expectation: Fiscal consolidation to continue but may see shift in spending mix, says Barclays; Will there be more allocations to core schemes?

Shreya Sodhani, Regional Economist, Barclays, said, “While maintaining focus on capex, we think the government will use increased receipts to fund higher revenue spending, balancing economic and political needs.” With.

Read More
Economy News

Exports positive in April-June quarter despite global challenges, says Piyush Goyal

He also said that growth in the services sector is helping the country’s outbound shipments to register positive growth rates. India’s exports have recorded healthy growth in May and remained.

Read More
Economy News

India’s WPI inflation rose to 16-month high of 3.36% in June on costlier food items

WPI inflation rose to 3.36 per cent in June primarily due to increase in prices of food articles, manufacture of food products, crude petroleum & natural gas, mineral oils, other.

Read More
Economy News

CPI inflation likely rose to 4-month high of 4.9% in June

June recorded a sharp rise in vegetable prices, with tomato prices witnessing a jump 29% on month. Prices of onion and potato too have risen by 16% and 9%, respectively,.

Read More