Economy

Economy News

Venezuela crude oil imports can have a sobering effect on India, says Hardeep Puri

The country is already buying oil from 39 countries and if more energy comes on source, it will look to expand its options, Puri said. Crude oil imports from Venezuela.

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Economy News

No let up in negotiations on India-UK FTA

 There are 26 chapters in the agreement, which include goods, services, investments and intellectual property rights. There has been no break or let up in negotiations on the India-UK free.

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Economy News

Q2 GDP seen to beat RBI estimate, may come in close to 7%

The Manufacturing PMI in Q2 averaged 57.9 – flat as compared to Q1. India’s GDP growth in real terms in the second quarter of FY24 may have been significantly higher.

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CPSE dividends to Centre to exceed BE by Rs 20,000-cr in FY24

Going by the trends so far, the Centre’s dividend receipts in FY24 from CPSEs may be around Rs 60,000 crore, 40% more than the BE. The Centre’s dividend receipts from.

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Consumers paying “far less” tax than pre-GST regime: Sitharaman

In the first seven months of FY24, the average monthly GST mop-up stood at Rs 1.7 trillion, which is 11% higher than the corresponding period of last year. The tax.

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Unilever flags pricing pressure in India as inflation eases

Addressing investors on Thursday, Unilever’s outgoing CFO Greame Pitkethly said that a few categories in India were dependent on commodity prices. Global consumer goods major Unilever says the India market,.

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India launches reference fuel, to cut import dependency

12% ethanol blending target achieved in 2022-23: Puri India on Thursday launched its first reference fuel in collaboration with state-run Indian Oil Corporation (IOC), becoming the third country to do.

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Plan almost ready for $30 trn economy by 2047: NITI CEO

The vision document will outline the institutional and structural changes/reforms that will be needed for the country to become a developed nation by 2047. India will aim to become a.

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Services sector activity in India hits 7-month low in Oct on softer increase in output, new business: PMI

The seasonally adjusted S&P Global India Services PMI Business Activity Index fell to 58.4 in October, from a 13-year high of 61 in September, signalling the slowest rate of expansion.

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India seeks to tax goods part of cross-border digital trade

India will again oppose the extension of the moratorium at the 13th Ministers Conference of the WTO at Abu Dhabi in February 2024. India has proposed that the World Trade.

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