Page 536 - Economy & Policy News

Sept retail inflation at 3-mnth low of 5.02%; Aug IIP growth rises to 10.3%

Food inflation also declined to a three-month low of 6.56 per cent in September from 9.94 per cent in August

Crude oil tracks global equities higher, IEA demand downgrade weighs

Lower U.S. bond yields are stoking risk appetite, which in turn is supporting equities and oil, UBS analyst Giovanni Staunovo said

US sanctions 2 shipping companies for violating Russian oil price cap

The Treasury Department said Thursday that it has imposed its first set of sanctions on two companies that shipped Russian oil in violation of a multinational price cap

5th Indo-French dialogue: Proposals for collaboration in space and cyber

Earlier on Wednesday, Rajnath visited the Safran research and development centre near Paris in Gennevilliers to witness the latest developments in aero-engine technology

India ranks 111th on Global Hunger Index 2023, govt calls it flawed measure

India ranked 107th out of 121 countries in the 2022 edition of the Global Hunger Index (GHI), a tool for comprehensively measuring and tracking hunger at global, regional, and national levels

'Gangajal is exempted from GST' clarifies govt after Congress mounts attack

Earlier on Tuesday, Chhattisgarh Chief Minister and Congress leader Bhupesh Baghel said that the 18 per cent GST on Gangajal has exposed Nakli Ram Bhakt

Govt invites bids for licences to supply natural gas to households

"After this round we will go with the authorisation for the island areas to cover 100% geographical areas," Oil minister Hardeep Singh Puri said

13 states report higher inflation numbers; rising trend among BRICS peers

Overall inflation in India rose 5.02 per cent for the month of September

Employment creation in India has reached new heights, says PM Modi

The Prime Minister was referring to the Annual Periodic Labour Force Survey (PLFS) which was conducted by the National Statistical Office (NSO) and its results released earlier this week

Higher interest rate puts pressure on CASA deposits, shows survey

Food processing and metals iron & steel have also witnessed accelerated long-term loan disbursements in the past six months

Unemployment rate in India at its lowest level in 6 years: PM Modi

He also mentioned that institutes are being upgraded as model ITIs with the objective of providing efficient and high-quality training along with best practices

30% of UAE's gems, jewellery sourced from India: Export Promotion Council

The show from October 10-12 is supported by the Ministry of Commerce and Industry, the Government of India, and the Embassy of India in UAE

Festival season spurs online shopping spree, e-commerce cos hopeful

"I don't have time even for lunch as there are so many packets to be delivered," said Ajay Singh, a delivery boy at a Flipkart delivery centre in a busy market in New Delhi

CPI-based inflation eases to 5.02% in Sep; Aug IIP growth zooms to 10.3%

Food inflation fell to 6.56 per cent in September against 9.67 per cent in August

Karnataka govt's US visit garners $3 bn worth of investment interest

The delegation held meetings with global companies like Applied Materials, AMD, Juniper, Global Foundries, Lam Research, Boeing, Krypton and Dell

RBI's active rupee management stretches valuation to near 2-year peak

The RBI regularly intervenes in the foreign exchange markets and stepped up intervention in September

Solitaire sheen: Sales of solitaire diamonds rise in post Covid-19 era

Since the economic slowdown in developed markets has dented demand, diamond prices have decreased by about 35 per cent in the past year and a half

NPCI Int'l to develop UAE's domestic card scheme in partnership deal

Scheme will help UAE in financial inclusion, strengthening e-commerce and digital transactions

JP Morgan adds India to emerging market debt index; may boost G-secs

Industry experts say anything between $20 billion and $30 billion could flow in, at least on paper. There could also be more interest in Indian G-Secs among foreign investors

IMF projects inflation, growth risks if Israel-Hamas conflict widens

It's a bit early to know the full implications of the conflict, and much will depend on whether it draws in other countries, Gita Gopinath said