Page 259 - Economy

India must lead in sunrise sectors to reach $32 trn economy by 2047: Kant

Addressing the 'Bharat Climate Forum 2025', Kant further said the US, Europe and India have lost the art of manufacturing, and this will have huge implications for the global economy

India's forex kitty declines $5.69 bn to $634.58 bn, shows RBI data

In the previous reporting week, the overall kitty had declined by $4.112 billion to $640.279 billion

Rising Rajasthan Summit: Trade body seeks migrant support for investments

Memorandum of understanding (MoUs) worth Rs 35 trillion, the highest in the state's history, were signed during the three-day summit held in Jaipur from December 9-11

Niti Aayog seeks balance between govt and corporate debt markets: Bery

The government think tank will also examine the possible impact of any moves which may be aimed at deepening the corporate debt market, its vice chairman Suman Bery said at an event here

IIP growth hits 6-month high of 5.2% in November on manufacturing boost

Industrial output in November 2024 grows at 5.2%, up from 3.5% in October 2024

India sees biggest bond outflows since 2020 amid global volatility

They sold a net $705.5 million of fixed-income securities on Jan. 8, according to the Central Depository Services figures compiled by Bloomberg. That's the biggest single-day sale since May 2020

Fund managers see RBI boosting liquidity before interest rate cuts

The RBI is one of the few central banks globally that is yet to cut interest rates despite repeated calls for easing amid a slowing economy

Centre releases Rs 1.73 trillion towards tax devolution to states

"A higher amount is being devolved this month to enable states to accelerate capital spending and finance their development and welfare-related expenditures," the finance ministry said in a statement

Manmohan Singh profoundly influenced our lives and India's growth

Manmohan Singh's visionary leadership not only transformed India's economy but also left an indelible impact on our professional journey and personal lives

Consumer inflation likely eased to 5.3% in Dec on modest food prices: Poll

Food prices, which make up nearly half of the country's consumer price index (CPI) basket, have kept inflation elevated in recent months, largely driven by a sustained surge in vegetable prices

E-way bills in December at second highest level in two years, shows data

E-way bills are mandatory for the movement of consignments worth more than Rs 50,000 and are, therefore, an early indicator of demand and supply trends in the economy

Import stats for gold, silver, electronics lowered for April-November

The government has also revised the electronics import value for this period downward by $2.7 billion to $61.2 billion

Govt seeks suggestions to boost FDI inflows, may consider policy tweaks

The industry associations and legal players have been asked to submit their responses in the next two to three days on how to ease the norms

India's economy likely to grow 6.6% in 2025, 6.7% in 2026: UN report

The report highlighted that capital expenditure on infrastructure development is expected to have strong multiplier effects on growth in the coming years

India adds record 24 GW solar power capacity in 2024: JMK Research

In a recent report, JMK said: "In 2024 (January to December), India added about 24.5 GW of solar and 3.4 GW of wind capacity

Climate change puts India's rice and wheat output at risk of 6-10% decline

Data from the National Innovations in Climate Resilient Agriculture predicts wheat yields may drop by 6-25% by the year 2100, while irrigated rice yields could fall by 7% by 2050 and 10% by 2080

India asks missions in 20 nations to boost market opportunities, export

The official said the missions were asked to market opportunities in these six sectors, competitors and specific companies

Govt to sign pact with Mongolia soon in area of geology and exploration

Mongolia is rich in deposits of copper and coking coal, and India is mostly dependent on imports to meet rising demand for the red metal

Days ahead of Union Budget, revenue secy Arunish Chawla shifted to DIPAM

DIPAM secretary Tuhin Kanta Pandey has been appointed as the new revenue secretary in place of Chawla

Unlisted firms outpace listed peers with faster revenue, earnings growth

The findings are based on a sample of 4,231 unlisted companies (excluding financial firms), compared with 3,575 listed non-financial companies