Economy

Economy News

RBI central board discusses global, domestic economic situation

Reserve Bank of India’s central board on Friday reviewed the global and domestic economic situation as well as the associated challenges. Reserve Bank of India’s central board on Friday reviewed.

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Lok Sabha passes Finance Bill 2023 with 64 official amendments

The Finance Bill that gives effect to tax proposals for fiscal year starting April 1 was passed without a discussion amidst ruckus by opposition members demanding a JPC (Joint Parliamentary.

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US nominee for World Bank President Ajay Banga visits India; to meet PM Modi

“While in India, Banga will meet with Prime Minister Narendra Modi as well as the minister of finance Nirmala Sitharaman and the minister of external affairs S Jaishankar. These discussions.

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Delhi Budget reflects revenue constraints, capex flat

Gahlot also increased the allocations for committed expenditure to `33,800 crore for FY23 in the revised estimate from budget target of `32,200 crore. The Budget for 2023-24 presented by the.

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Powell stresses commitment to cooling prices as Fed hikes rates; says banking crisis won’t disrupt economy

“We are committed to restoring price stability, and all of the evidence says that the public has confidence that we will do so,” Chair Jerome Powell said at a press.

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Lok Sabha gives nod for net additional spend of Rs 1.48 trillion

Money bills such as supplementary demand for grants are considered approved by the Parliament irrespective of their outcome in the Rajya Sabha, the Upper House. Written by FE Bureau The Lok.

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India to defy slowdown, to maintain growth pace: RBI

Article published by RBI notes “steady gathering of economic momentum since Q2”. Notwithstanding the global slowdown and the bank collapses in the US, a Reserve Bank of India (RBI) article.

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Resilient economic growth in Q3 reflected in improvement in employment indicators: Finmin report

Defends PLFS methodology, one hour criterion based on international norms Written by Surabhi Expressing optimism about improvement in the country’s labour market on the back of higher growth in the third.

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Indian companies have sufficient space to borrow for further investment, says FinMin

As per the Bank for International Settlements (BIS), the core debt of the corporate sector increased in both advanced economies (AEs) and emerging market economies (EMEs), reaching 149% of GDP.

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TN Budget gives push to infra & urban development

Budget deficits seen rising in FY24, 19% growth seen in state’s own tax revenue The Tamil Nadu government on Monday presented the budget for 2023-24 in the state assembly, focusing.

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