Page 310 - Economy

Over 8.4 million MGNREGS workers' registration 'deleted' in six months

While 8.4 million workers were removed from the initiative, over 4.5 million new workers were added during this period, a report by Lib Tech, a consortium of academics and activists, claimed

Need fair sovereign ratings for capital access: Sitharaman at IMF meeting

Finance Minister Nirmala Sitharaman urged greater engagement with credit rating agencies to improve rating methodologies

Inflation to moderate from 4th quarter but global conflicts pose risks: Das

Balance between inflation & growth is well-poised, the Indian economy reflects a picture of stability and strength, said Shaktikanta Das

Income disparity declines 74.2% among those earning up to Rs 5 lakh: Study

Lower income group (less than Rs 5.5 lakh) has registered a positive growth rate for all years in last decade (except AY20 due to Covid pandemic),report said

Centre doubles Mudra loan ceiling to Rs 20 lakh under new category

Finance Minister Nirmala Sitharaman had made an announcement regarding this in her July 2024 Budget speech

Economic think-tank NIPFP cuts India's FY25 GDP growth forecast to 6.9-7.1%

Cuts it to 6.9-7.1% from 7.1-7.4% estimated earlier in its April study

Jobs most pressing global issue amid tech changes, says FM Sitharaman

Countries and institutions need to analyse trends in jobs creation and skills, she says

No trade pact if EU insists on opening up dairy biz, says Piyush Goyal

Issues like labour, climate change need to be discussed on int'l forums, he says

MGNREGA participation dipped in first 6 months this FY compared to last

The analysis showed that while 8.5 million workers were deleted, only 4.5 million workers were added to the list of registered MGNREGA workers, thus taking the net deletion to 3.9 million

Germany raises visa quota for skilled Indians by 4.5 times to 90K

Scholz pushes early EU FTA; Modi says right time to join India growth story

India saw steepest surge in greenhouse emission in 2023, says report

The UNEP report reveals a technical potential to cut emission by up to 31 gigatons of CO₂ equivalent in 2030, representing about 52 per cent of the 2023 emission and up to 41 gigatons by 2035

India's foreign exchange reserves drop $2.16 bn to $688.26 bn: Govt data

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

More jobs, investment: Space industry welcomes Rs 1K crore VC fund

Industry welcomes move to expand the space economy to $44 billion by 2033

VC in India funding up 50% in Q1-Q3 2024 on increased big-ticket deals

A total of 883 deals were announced between January and September 2024, marking a 7.3 per cent rise in deal volume compared to the same period in 2023

Meticulous planning behind Kerala GST's massive gold jewellery raids

Investigation is ongoing, and estimating the precise amount of tax evasion will be only possible after completing the verification of the seized gold and other documents

HSBC flash India composite PMI rises to 58.6 in Oct; job creation improves

Index has been above the 50-level separating growth from contraction for 39 consecutive months

On the table: FinMin to review public sector banks co-lending, MSME credit

DFS secy M Nagaraju to chair meeting on November 5

FM Nirmala Sitharaman calls for deeper dialogue on global sovereign debt

At roundtable in Washington DC, she cautions against contingency financing instruments

India Inc Q2FY25 revenue growth seen at 5-7%, slowest in 4 yrs: CRISIL

The analysis shared by CRISIL is based on 435 companies that account for almost half of the listed market capitalisation, which reported an 8.3 per cent growth in the April-June quarter

Listed SME capital expenditure growing faster than larger players

The concluding part of the series looks at investment sentiment among listed SME companies