Page 309 - Economy

Germany's Rhenus Group eyes cargo operations in inland waterways

These barges, estimated to be worth $10 million each, will be brought in from overseas, but the firm eventually would tap into the local supply chain

Urban demand stress under watch, festivals may boost consumption: FinMin

H1FY25 growth driven by rural demand, agriculture, services, and stable external sector

India in cyclical slowdown, RBI's 7.2% estimate 'overly optimistic': Nomura

The brokerage said it sees "rising downside risks" to its GDP growth estimates of 6.7 per cent in the ongoing FY25 and 6.8 per cent in FY26

Positives outweigh negatives in economy: RBI Governor Shaktikanta Das

Says action against NBFCs in the best interest of customers

WTO accepts India request to defer ICT import duty dispute ruling until Apr

"The DSB agreed to the latest requests from Chinese Taipei and India," the Geneva-based official said

India, EU FTA negotiation priority, both sides pushing for early deal: MEA

During their bilateral talks at the Laxmi Vilas Palace in Vadodara, PM Modi and Sanchez discussed a wide range of topics, including trade, defence, and technology collaboration

Air connectivity policy to boost tourism, economic development in Rajasthan

The Federation of Hospitality and Tourism of Rajasthan (FHTR) also recently raised this demand with the state's Deputy Chief Minister and Tourism Minister Diya Kumari

Govt report maintains economic growth forecast but flags global risks

"Risks to growth arise from escalating geopolitical conflicts, deepening geoeconomic fragmentation and elevated valuations in financial markets in some advanced economies," the report said

Greenhouse gas emissions increases to new record in 2023: WMO report

The globally averaged surface concentration of carbon dioxide reached 420 parts per million (ppm), methane 1934 parts per billion and nitrous oxide 336.9 parts per billion (ppb) in 2023

Swiss firms set sights on India as $100 bn pact shows more opportunities

Under the deal, EFTA, whose other members are Norway, Iceland and Liechtenstein, will invest $100 billion in India and will benefit from easier and cheaper access to the Indian market of 1.4 bn people

RBI's upbeat growth estimates create confusion, concern among economists

The central bank has stuck to its forecast that India's economy will expand 7.2 per cent in the year ending March 2025

NMDC-KIOCL merger on cards, awaits clearances from ministries, regulators

NMDC continues to meet the country's iron ore demands, achieving a turnover of Rs 21,294 crore in financial year 2023-24

Progress on MDB reforms 'disappointing', says G20 expert group report

The report card comes a year after the G20 independent expert group on Strengthening MDBs had made its recommendations for reforming these institutions

Govt working on revamped interest subvention scheme for exporters

IES is an interest subvention scheme, under which benefits in the interest rates charged by the banks are given to the exporters on their pre and post shipment rupee export credits

FinMin may complete privatisation process of IDBI Bank by March 2025

In the FY17 Union Budget, the government proposed reducing its stake in IDBI Bank to below 50 per cent

NTPC Green to SGEL: Govt puts listing of CPSEs' green units in fast lane

NTPC Green Energy, SGEL, NLC India Green Energy may see IPOs by FY25-end

Statsguru: India's journey to become 5th largest economy since 2000

Union Finance Minister Nirmala Sitharaman has said that India can become the third-largest economy in the world by 2027

Centre rules out state-specific relaxation in paddy procurement norms

Rice millers in Punjab have been on a warpath for the last few weeks, refusing to lift paddy from mandis in Punjab and demanding an easing of procurement norms

MGNREGS demand-driven scheme, not possible to fix enrolment targets: Govt

The Libtech report said employment opportunities under the scheme have dropped significantly compared to the previous year, from 184 crore to 154 crore person-days

Turkiye's measures on polyester impact exports; India seeks compensation

India has exported these fibres worth $22.18 million during 2023-24. It was $23.55 million in 2022-23