Page 312 - Economy

MoUs worth Rs 15 trn signed ahead of Rising Rajasthan Summit: CM Bhajanlal

Sharma said that the sanitation workers should have got their rights earlier but the previous government worked to delay, suspend and mislead these recruitments

Reserve Bank of India net sold $6.5 billion in August, shows data

The central bank had recorded a net purchase of $6.93 billion in the spot market in July

250-bp rate hike lowered demand, inflation by 160 bps: RBI Bulletin

Durable alignment with target in sight, says report

Outward remittances under India's LRS decline 5%, says RBI Bulletin

Remittances for studies abroad grew marginally to $416.39 million

Net FDI in India more than doubles in Apr-Aug 2024, shows RBI data

Improving FDI to support growth in manufacturing

'E-Shram: One Stop Solution' launched for welfare of unorganised workers

The One Stop Solution entails consolidating and integrating data from various central ministries/departments into a single repository

Foreign investors infuse $436 mn in real estate in Q3 2024, up 139%: Report

Overall, the sector received institutional investments of $0.96 billion during the quarter

JSW Steel, ACC, NMDC among 31 bidders in 10th commercial coal mine auction

"A total of 31 companies have submitted their bids in the auction process," the coal ministry said in a statement

NRI deposits witness $7.82 billion inflows in April-August 2024: RBI data

The total outstanding NRI deposits as of August 2024 stood at $158.94 billion

NITI Aayog calls for power plants to pause installing sulphur reducing gear

NITI Aayog recommended the federal environment and power ministries to direct coal-based power plants to stop placing fresh orders for the de-sulphurisation gear, the document showed

Work on 10 more nuclear reactors underway in country, parl panel told

According to sources, the new nuclear reactors coming up in states like Gujarat, Rajasthan and Haryana are of 700 MW capacity and will start operating in the next few years

Robust domestic engines supporting India's growth outlook: RBI Bulletin

Stable growth momentum amid monetary policy easing is becoming the prevailing theme across most economies, according to an article on 'State of the Economy' published in the Bulletin

RBI sold $6.49 billion in spot forex market in August, shows bulletin

The RBI said it purchased $16.14 billion and sold $22.64 billion in the spot forex market in August

Expect Indian apparel exporters to post 9-11% revenue growth in FY25: ICRA

With the revival in demand, ICRA said it expects the capex spending to increase in FY2025 and FY2026 and may stay in the range of 5-8 per cent of the turnover

Tax filers earning over Rs 1 cr surge 5X in 10 years; returns double

Salaried individuals account for nearly 52 per cent of those declaring income exceeding Rs 1 crore in the most recent assessment year, according to data released by the tax department

Arunachal's Siang valley dam project on fast track to counter China threat

The project has been facing protests from the local population which fears severe ecological impact because of the construction of the dam.

China's defence budget soars, can India match up with its military might?

As China's military spending surges, the balance of power in the Indo-Pacific has shifted. This has significant implications for India's defence strategy, highlighting the urgent need for an overhaul

Govt bond yields seen hardening after RBI governor ruled out a rate cut

Yield on benchmark 10-year government bond settled at 6.81 per cent on Friday

Fresh formal hirings fell to a four month low in August, shows EPFO data

EPFO data also showed that share in the 18-25 age group also declined slightly

India-Canada diplomatic row unlikely to affect businesses or students much

India and Canada have shared democratic values. The broader geopolitical considerations require India and Canada to co-operate and deepen their engagement