Economy

Imports too declined by 5.23 per cent to USD 58.64 billion as against USD 61.88 billion recorded in August 2022.  India’s exports declined by 6.86 per cent to USD 34.48.

India has manufacturing capacities of 28 GW of solar module, 6 GW of solar cell and 15 GW of wind energy (turbine). New and renewable energy secretary Bhupinder Singh Bhalla.

Credit growth in the banking system’s will moderate to 12.1-13.2 per cent in the current fiscal from 15.4 per cent in the year-ago period, a domestic rating agency said on.

The government has reacted by importing greater quantities of food (especially tomatoes), temporarily scrapping the import duty on wheat and restricting sugar exports, it said. Fitch Ratings on Thursday retained.

Consumption, high inflation to boost GST; corporate tax to improve By Priyansh Verma Despite sharp contractions of over 10% in the collections of both corporate tax and excise duties in.

The global space economy was $ 386 billion in 2021 with India’s share in it at 2%. India is looking at easing foreign direct investment (FDI) rules in the space.

Exporters FE spoke to said that the government should reverse the decision at the earliest as the MEP is “at an unrealistic level.” Not just fresh basmati rice shipments, but.

By YP Rajesh and Krishn Kaushik NEW DELHI (Reuters) – The Group of 20 major economies reached a hard-fought compromise over the war in Ukraine and papered over other key.

A study of 186 drug makers, which accounted for about half of the Rs 3.7 lakh crore annual revenue of the sector last fiscal, indicates as much, Crisil said on.

VLADIVOSTOK, Russia (Reuters) -In Russia’s Pacific port, residents said they were anticipating a visit by North Korean leader Kim Jong Un that the United States fears could lead to more.