Economy

“We are very clear in our minds that we will buy oil from wherever we can get it as long as it is delivered to our point of importation at.

But economic growth was likely to be robust at least until the end of the year as India heads into the festive season, when spending typically picks up, Sitharaman said.

The central bank is targeting to keep inflation between 2% and 6% but the consumer price index accelerated by 7.44% last month. Food prices, which account for about half of.

“During Aug. 30 to Sept. 3 the Managing Director will be visiting China to engage in bilateral discussions with China’s senior leadership team,” they said. International Monetary Fund Managing Director.

The ministries will also submit their revised estimates (RE) of expenditure for 2023-24, which may see some surrendering a portion of their budget due to their inability to spend, while.

“It makes sense to extend the scheme, which benefits the poor, for another six months,” an official said, adding that a decision in this regard will likely be taken around.

Under the scheme, the number of bank accounts grew 3.4-fold from 14.72 crore in March 2015, to 50.09 crore as on August 16, 2023. Finance Minister Nirmala Sitharaman on Monday.

India and the US agreed to explore the issue further and find a solution that addresses both countries’ concerns. The United States has raised concerns on India’s move to impose.

Zero-balance bank accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have declined to just 8% of the total as on August 16, compared to 58% nine years ago, when.

By Ann Saphir Jackson Hole, Wyoming (Reuters) – The steep jump in public debt loads over the past decade and a half, as governments borrowed large amounts of money to.