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Page 287 - Economy

India to become world's most efficient, trusted trade hub: Revenue secy

He further said technology and trust are two pillars of the revenue department

India to become world's most efficient, trusted trade hub: Revenue secy
Updated On : 29 Nov 2024 | 6:32 PM IST

India GDP growth hits 7-quarter low of 5.4% in Q2 amid manufacturing slump

The Q2FY25 growth in manufacturing slowed to 2.2 per cent, significantly below the 7 per cent recorded in Q1 and 14.3 per cent a year earlier

India GDP growth hits 7-quarter low of 5.4% in Q2 amid manufacturing slump
Updated On : 29 Nov 2024 | 6:30 PM IST

House price index rises 4.3% in Q2 against 3.3% in previous quarter: RBI

The cities are Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai

House price index rises 4.3% in Q2 against 3.3% in previous quarter: RBI
Updated On : 29 Nov 2024 | 6:01 PM IST

Key infra sectors' growth drops to 3.1% in Oct from 12.7% last year

The eight core sectors contribute 40.27 per cent to the Index of Industrial Production (IIP) which measures overall industrial growth

Key infra sectors' growth drops to 3.1% in Oct from 12.7% last year
Updated On : 29 Nov 2024 | 5:32 PM IST

Forex reserves drop $1.31 bn to $656.5 bn as of November 22, says RBI

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound, and yen held in the foreign exchange reserves

Forex reserves drop $1.31 bn to $656.5 bn as of November 22, says RBI
Updated On : 29 Nov 2024 | 5:32 PM IST

Inflation in Europe rises to 2.3%, growth concerns dominate ECB discussions

Growth worries got new emphasis after surveys of purchasing managers compiled by S&P Global showed the eurozone economy was contracting in October

Inflation in Europe rises to 2.3%, growth concerns dominate ECB discussions
Updated On : 29 Nov 2024 | 5:06 PM IST

Need to simplify goods and services tax, reduce cess: Ex-CEA Subramanian

Talking about other challenges, he said, some people have pointed out to me that the goods and services tax (GST) has encouraged excessive tax demands

Need to simplify goods and services tax, reduce cess: Ex-CEA Subramanian
Updated On : 29 Nov 2024 | 4:51 PM IST

Fiscal deficit at 46.5% of full-year target at Oct-end, shows govt data

In absolute terms, the fiscal deficit -- the gap between government's expenditure and revenue -- was at Rs 7,50,824 crore during April-October period

Fiscal deficit at 46.5% of full-year target at Oct-end, shows govt data
Updated On : 29 Nov 2024 | 4:41 PM IST

Govt mulls change in base year to 2022-23 from 2011-12 for GDP computation

The 26-member Advisory Committee on National Accounts Statistics (ACNAS), which was constituted under the Chairmanship of Biswanath Goldar, is expected to complete the exercise by early 2026

Govt mulls change in base year to 2022-23 from 2011-12 for GDP computation
Updated On : 29 Nov 2024 | 3:57 PM IST

I-T dept probes 500 Dubai property cases, Rs 700 cr evasion found in Delhi

The Delhi investigation wing of the I-T department has conducted more than a dozen searches, uncovering evidence of 43 undisclosed Dubai properties worth over Rs 700 crore

I-T dept probes 500 Dubai property cases, Rs 700 cr evasion found in Delhi
Updated On : 29 Nov 2024 | 11:39 AM IST

India's falling wages hit economy as consumers cut back on everything

Some of country's biggest companies from Maruti Suzuki to consumer bellwether Hindustan Unilever have posted weaker earnings recently, saying urban middle class spending has been languishing

India's falling wages hit economy as consumers cut back on everything
Updated On : 29 Nov 2024 | 7:12 AM IST

Highways: Uttar Pradesh's path to become the first $1 trillion state

Since Adityanath took office in March 2017, various expressway projects - either commissioned or still under construction - have a total outlay of Rs 80,000 crore

Highways: Uttar Pradesh's path to become the first $1 trillion state
Updated On : 29 Nov 2024 | 6:33 AM IST

BS Samriddhi 2024: 'UP has largest investment portal in the country'

Nivesh Mitra offers 491 online services and is adding more, say senior bureaucrat

BS Samriddhi 2024: 'UP has largest investment portal in the country'
Updated On : 29 Nov 2024 | 6:31 AM IST

From chips to tourism, UP marks out sectors for support and growth

Awasthi said that CM Adityanath's dream is to make UP the most prosperous state of the country with its GSDP ahead of Maharashtra or any other

From chips to tourism, UP marks out sectors for support and growth
Updated On : 29 Nov 2024 | 6:27 AM IST

Industry has to heed the environment: UPPCB chairman Ravindra Pratap Singh

Singh spoke about the steps being taken to make people environment-conscious

Industry has to heed the environment: UPPCB chairman Ravindra Pratap Singh
Updated On : 29 Nov 2024 | 6:24 AM IST

UP has extensive land bank for industries: UPSIDA CEO Mayur Maheshwari

UPSIDA CEO Mayur Maheshwari spoke about plans to help industries

UP has extensive land bank for industries: UPSIDA CEO Mayur Maheshwari
Updated On : 29 Nov 2024 | 6:15 AM IST

BS Samriddhi 2024: UP's priority sectors need Rs 5.73 trn lending in FY25

The growth marks 50% increase in credit flow year-on-year

BS Samriddhi 2024: UP's priority sectors need Rs 5.73 trn lending in FY25
Updated On : 29 Nov 2024 | 6:12 AM IST

Investments in UP spread across regions: Minister Nand Gopal Gupta 'Nandi'

The minister shared details of the steps taken to boost the economy, exports, and industries in UP

Investments in UP spread across regions: Minister Nand Gopal Gupta 'Nandi'
Updated On : 29 Nov 2024 | 6:09 AM IST

How UP's CM is shaping growth with bold reforms, visionary governance

The state's rapid growth, spanning economy, tourism, agriculture, and MSMEs, is credited to 'Yoginomics' by state policymakers

How UP's CM is shaping growth with bold reforms, visionary governance
Updated On : 29 Nov 2024 | 6:06 AM IST

Manufacturing underperformed amid rise in multi-plants: Arvind Subramanian

On the employment front, they constituted 43 per cent of total non-managerial employees in 2022, up from 17 per cent in 2001

Manufacturing underperformed amid rise in multi-plants: Arvind Subramanian
Updated On : 28 Nov 2024 | 11:34 PM IST