Economy

Economy News

India to be green hydrogen hub by 2040: Hardeep Singh Puri

Indian economy will grow beyond $20 trillion and the per capita income will grow by 10 times from now in the next 15 years, he said. Manish Gupta India will.

Read More
Economy News

India poised for world-beating growth, says CEA V Anantha Nageswaran

While higher borrowing costs might have slowed some activity, India remains the world’s fastest-growing major economy, outpacing China and drawing foreign inflows into the equity markets. India’s strong credit demand.

Read More
Economy News

PM Modi to chair NITI Aayog Governing Council meet on Saturday

In this context, the statement said the 8th Governing Council Meeting provides an opportunity to create a roadmap for Viksit Bharat by 2047 in which Centre and states can work.

Read More
Economy News

India Inc pays less for imported inputs, machinery imports keep pace

Indian businesses are paying less for imported energy and other inputs like chemicals while buying more machinery from overseas sources, according to official data. Indian businesses are paying less for.

Read More
Economy News

Pvt consumption, rural demand to drive growth in Q1: RBI article

The prices of vegetables and fruits are also weathering the summer heat better and their momentum is lower than their historical record for this time of the year, it said..

Read More
Economy News

RBI governor Shaktikanta Das rules out Rs 1,000 notes

Reserve Bank of India (RBI) governor Shaktikanta Das on Monday ruled out the re-introduction of currency notes with a denomination of Rs 1,000. Addressing the media for the first time.

Read More
Economy News

FOREX-Dollar steady as debt ceiling talks to resume

The greenback was little changed at 137.975 yen to start the week, having snapped a six-day winning streak on Friday, pulling back from a six-month peak. The dollar was broadly.

Read More
Economy News

External sector, weather uncertainties pose risk to growth: Finance Ministry

The forecast of a normal monsoon, surplus water reservoir levels, adequate availability of seeds and fertilisers, and robust tractor sales augurs well for a healthy kharif sowing season starting in.

Read More
Economy News

Finance Ministry feels fertiliser subsidy won’t exceed Rs 1.75 trn BE

The comment came close on the heels of fertiliser minister Mansukh Mandaviya’s statement last week that the subsidy on soil nutrients this year could exceed the BE by about Rs.

Read More
Economy News

India cenbank surplus transfer to govt surges in FY23, but lags market expectations

The revenue from dollar sales was expected to be substantial given that profits are calculated based on the historical cost of dollar purchases, analysts said. The Reserve Bank of India’s (RBI) board.

Read More