Economy

Indebtedness of a state is measured as the ratio of its debt to gross state domestic product (GSDP). States’ debt will remain elevated at 31-32 per cent of their gross.

After a strong growth of 7.8 per cent in the first quarter, the second quarter GDP reading too came in significantly higher and well above estimates at 7.6 per cent.

Commerce Secretary Sunil Barthwal headed the Indian representation during this meeting, while Helene Budliger Artieda, Swiss State Secretary at the State Secretariat for Economic Affairs, led the EFTA delegation. India.

Finance minister Nirmala Sitharaman said on Monday, stressing the importance of the India-Middle East-Europe Economic Corridor (IMEC) for international trade. India’s continued systemic reforms and participation in the global value.

The largest contributor was iPhone shipment, which at $5 billion constituted a third of India’s electronics exports. Electronics exports during the April-October period of the current fiscal grew by 27.7%.

FE analysis of the first four years of the 15th FC’s six-year award period showed that states have lost Rs 1.3 trillion or roughly 15% of the combined Central government.

The Global Trade Research Initiative (GTRI) also suggested a similar exercise with Thailand, another member of Association of Southeast Asian Nations (Asean). India signed a limited free trade pact with.

No impact of LSD on world’s biggest milk producer. India’s milk production is estimated to increase by 4.2% on year to a record 230.58 million tonne (MT) in 2022-23, allaying.

Controlling deficit difficult, need fresh investments: GRTI As India and the Asean formally embark on the review of their goods trade agreement, an analysis of merchandise traffic between the two.

In the previous reporting week, the kitty declined USD 462 million to USD 590.321 billion. India’s forex reserves increased by USD 5.077 billion to USD 595.397 billion during the week ended.