Page 236 - Economy

India imports Russian oil worth 49 bn euro in 3rd year of Ukraine invasion

Some of the refineries in India turned Russian crude oil into fuels like petrol and diesel that were exported to Europe and other G7 countries

Datanomics: Urban areas record higher consumption expenditure disparity

Monthly consumption expenditure by Scheduled Tribe (ST) households is 17.2 per cent less in rural areas and 13.5 per cent less in urban areas compared to the national average in FY24 (July-June)

India-UK trade talks begin: FTA, BIT, social-security pact on the table

India had requested the UK to consider a social-security agreement two years ago, but talks were launched only on Monday

Smart foodgrain management helps Centre keep subsidy bill under control

The government has been offloading some foodgrains in the open market at lower rates instead of giving it away for free through the PDS, besides implementing operational efficiencies

Govt seeks merchant bankers for stake sale in PSBs, financial institutions

The merchant bankers can apply for empanelment with DIPAM under two categories, depending upon the capacity of the bidders in handling the capital market transactions

Naming Das as PM's principal secy shows govt's economic focus, say experts

Das' economic experience will help India at a time when the government and central bank are working in tandem to aid the economy's recovery while trying to manage geopolitical challenges

India's GDP growth likely rebounded to 6.3% in Q3 on govt spending: Survey

Curb in infra spending due to elections dragged growth down to 5.4 per cent in July-September, well below the 8.2 per cent average last fiscal year

MP has potential for 18-fold growth to be $2.1 trn economy by 2047-48: CII

According to the report 'Envisioning Madhya Pradesh Economy@2047', the gross state domestic product (GSDP) of the state can rise to $2.1 trillion (Rs 248.6 trillion) by 2047-48

Retail inflation eases to 4.61% for farm workers, 4.73% for rural labourers

The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) decreased by 4 points and 3 points, respectively, for the month of January 2025

MP investors' summit: NTPC, Dabur, Reliance & others pledge investments

Prime Minister Narendra Modi, who inaugurated the summit, said Madhya Pradesh is becoming a preferred business destination while adding that this is the right time to invest in the state

UP govt tax revenue may rise 16% in FY26, indicating economic growth

The 16 per cent increase in the state's estimated tax revenue is higher than the growth of 11 per cent estimated by the Centre in the Union Budget FY26

Manufacturing slump prompted Feb rate cut, says RBI MPC member Kumar

He said there was a concern about the weaknesses of the manufacturing sector, which is important for job creation, due to subdued urban consumption and slow growth of private investments

Several APAC economies like India, Korea could face higher US tariffs: S&P

US President Donald Trump has said he will impose reciprocal tariffs on its trading partners, including India

Gautam Adani pledges to invest Rs 1.1 trn across sectors in Madhya Pradesh

Global Investors' Summit 2025: The Adani Group plans to fund projects in pumped storage, cement, mining, smart meters, and thermal energy, aiming to create over 1,20,000 jobs in Madhya Pradesh by 2030

UK, EU step up FTA talks with India in US President Donald Trump era

Piyush Goyal to meet UK, EU officials this week

PM Narendra Modi to inaugurate MP GIS on February 24 to boost investment

Many top industrialists, including Gautam Adani, to attend the event; Home Minister Amit Shah to participate in the closing ceremony on Tuesday

Oil and the war, 3 years on: Russia reshapes global energy dynamics

The war provided Prime Minister Narendra Modi's government with an opportunity to reinforce India's strategic autonomy by resisting Washington's pressure to sanction Russia

Maha govt to give additional Rs 50k subsidy for rural homes under PMAY

The PMAY scheme aims to address housing shortages across urban and rural areas by focusing on economically weaker sections and low-income groups

Statsguru: Natural gas targets remain blurry as 2030 goal seems unlikely

Owing to the global energy crisis of 2022 and the consequent price increase, the share of natural gas imports in gross energy imports fell from 7.51 per cent in 2020-21 to 5.43 per cent in 2022-23

UAE eyes investment in tourism, healthcare sectors in Kerala: Minister

A 22-member delegation, led by UAE Minister of Economy Abdulla bin Touq Al Marri, is in Kerala to attend the Invest Kerala Global Summit