Page 344 - Economy & Policy News

Foreign inflows in FAR securities almost double in 9 months: CCIL data

Market participants said that the inflows are expected to continue and might touch Rs 2.5 trillion in the next 5 to 6 months

'Huge potential': Piyush Goyal asks Swiss firms to invest in India

Goyal encouraged Swiss companies to become part of India's growth story and invest in its growing and dynamic market

CareEdge Ratings expects upcoming budget to boost revenue expenditure

The ratings agency expects the government's focus on manufacturing and capex to continue in the Budget

Farmers in India face income decline amid rising costs: Madhura Swaminathan

The professor advocated for raising subsidies to support a diversified food basket, necessary for achieving a balanced diet for the Indian population

Skill mismatch: Rising labour quality, stagnant employment in key sectors

RBI data reveals rising labour quality in industries like textiles and mining, but stagnant employment growth highlights a skill mismatch

Madhya Pradesh to hold regional industrial conclaves across the state

According to Madhya Pradesh Industrial Development Corporation (MPIDC) officials, after Jabalpur on July 20, RIC will be organised in Gwalior, Rewa, and Sagar

'Luxury shame' hits China's luxury market as elites dial down on austerity

The elite in the Land of the Dragon are refraining from ostentatious purchases, putting the nation's luxury market under strain

Govt bond yields steady; traders seek trigger for 10-yr to breach key level

The benchmark 10-year yield was at 6.9724 per cent as of 10:00 a.m. IST, after closing at 6.9767 per cent in the previous session

RBI calls on lenders to hear borrowers before declaring account fraud

Move follows SC ruling for complying with principles of natural justice

The seven-year itch: Scratching beneath the surface of GST numbers

Every facet from the simplification of compliances and improvements in logistics to robust revenue collections have all been examined at length

Spike in food prices pushes WPI inflation to 16-month high in June

The inflation in food prices stood at 10.87 per cent during the month, the data released by the Ministry of Commerce and Industry on Monday showed

India's trade deficit narrows in June; exports fall to 7-month low

Growth in merchandise exports fell to 2.6% amid muted demand overseas

India's outward FDI rises to $2.14 billion in June, shows RBI data

Outward FDI was $3.16 billion in April-June 24

Huge investment opportunities in India: Piyush Goyal to Swiss investors

Commerce and Industry Minister is in Switzerland regarding implementation of the India-EFTA Trade and Economic Partnership Agreement (TEPA)

India flagged concerns with Russia over non-tariff barriers: Commerce secy

The trade between both countries expanded rapidly over the last two financial years

Nearly 80% of gig workers meet Indian job market requirements: Report

Around 76% of employers identified technical skills as the most essential for gig workers

Statsguru: Six charts explain increasing defence production in India

The rise in exports comes even as India remains among the world's biggest arms importers, with others such as Saudi Arabia and Qatar topping the list between 2018 and 2023

'India, Eurasian Economic Union finalizing broad contours for proposed FTA'

The five members of the Eurasian Economic Union (EEU) are Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia

WPI rises for fourth consecutive month to 3.36% in June on costlier veggies

The wholesale price index (WPI) based inflation was 2.61 per cent in May. It was (-) 4.18 per cent in June 2023

Govt may cut borrowings by Rs 50-75K cr in FY25 Budget: Axis Bank treasurer

In the interim budget, the government announced a gross borrowing of Rs 14.13 trillion, with a fiscal deficit target of 5.1 per cent of the gross domestic product