Page 729 - Economy & Policy News

Farm sector to grow 3.7% in Oct-Dec on kharif output: 2nd advance estimates

At current prices, the growth in the third quarter of this financial year is projected at 8.6 per cent, which is almost at the same level in the corresponding quarter of FY22

Slowing GDP growth in India mirrors the trend in top global economies

These are the top five economies in the world, excluding India. India's growth rate has also been slowing after a stellar second quarter, showed data released on Tuesday

Q3 GDP numbers: Risks outweigh upside potential of FY24 growth, says CEA

The 2022-23 Economic Survey, Nageswaran's first as CEA, projected 6.5 per cent as baseline growth for FY24, within a range of 6-6.8 per cent

India's GDP growth slows to 4.4% in Q3; manufacturing woes remain

Manufacturing output shrinks for second straight quarter

Nafed intervenes to stabilise markets as onion and potato prices plunge

Sharp drop in onion and potato prices since last few weeks have forced farmers to dump their produce in fields as selling price is far less than even cost of carrying produce to the market

India defies US curbs: Russian oil imports at record high in February

US shipments to India fell 58% from last year

Record high Feb temp may lead to more rate hikes from RBI: Ratings

The record heat in February can lead to more rate hikes from RBI, a domestic rating agency said on Tuesday

Cotton growers to get water from April, says Punjab CM Bhagwant Mann

Punjab Chief Minister Bhagwant Mann on Tuesday reviewed the preparedness of the state government to supply canal water to cotton cultivators from April 1

States borrow a record Rs 32,800 crore, cost jumps by 7 bps to 7.68%

Fourteen states raised a record-high Rs 32,800 crore from the market by issuing state government securities (SGS), which is a sharp 59 per cent higher than the year-ago level

CEA Nageswaran says 7% growth forecast for current fiscal 'very realistic'

Chief Economic Advisor V Anantha Nageswaran on Tuesday said high frequency data indicate buoyant economic growth momentum and the 7% GDP growth estimate for the current fiscal is very realistic

Punjab governor has summoned the house to call the budget session, SC told

The Supreme Court was informed on Tuesday that the Punjab Governor by an order has summoned the house for the budget session on March 3.

Centre's fiscal deficit widens to 67.8% of revised full-year target

Govt capex stays strong, 29% higher in 10 months of FY23

Core sector output at a four-month high of 7.8% in January, shows data

7 of 8 key infra industries reported production growth in January

250 mn records of individuals linked to Ayushman Bharat Health Accounts

Over 25 crore health records of individuals have been linked digitally to Ayushman Bharat Health Account under the National Health Authority's flagship scheme Ayushman Bharat Digital Mission

Indian Army testing armed drone variants that won recent wars

Coming week will see trials of an 'aerial targeting system' called PALM 400 for the artillery directorate

Government incurred Rs 31,68,648 crore worth of expenditure till Jan 2023

The government incurred Rs 31,68,648 crore as expenses up to January 2023, which was 75 per cent of of the corresponding revised estimate of 2022-23

Retail trade and NBFCs drive credit growth in services: RBI data

Retail trade, NBFCs drive credit growth in services

Housing, auto drive personal loan growth in January, says RBI data

Growth in personal loans accelerated to 20.4 per cent annually in January 2023 largely driven by housing' and vehicle loans', according to data released by the Reserve Bank on Tuesday

All India House Price Index rises 2.8% in Oct-Dec quarter: RBI data

HPI rose 2.8 per cent in the October-December quarter of 2022-23 as compared with 3.1 per cent a year ago, according to data released by the Reserve Bank of India on Tuesday

5G towers up in 387 districts, nationwide by Dec 2024: Telecom Minister

18 countries are also keen on implementing India's indigenously developed 4G and 5G stacks, Ashwani Vaishnaw says