Page 320 - Economy

After fire at Tata's Hosur plant, stockpiles steady iPhone production ship

Tata Electronics is investing Rs 6,000 crore in this plant, which will make Tata the second-largest iPhone assembler in India, following Foxconn. The fire did not impact this facility

Retail inflation for industrial workers inches up at 2.44% in August

Retail inflation for industrial workers inched up marginally to 2.44 per cent in August against 2.15 per cent in July this year.

India's manufacturing PMI cools to 8-month low in Sept as output slows

'Mild setback' in manufacturing growth across India, according to HSBC survey

GST mopup growth in September slowest in H1FY25 amid high refunds

Net numbers fall 3.9% to Rs 1.5 trn

FY23 wage share in NVA below the pre-pandemic level, shows ASI data

This is despite a fall in the share of profits to NVA and a rise in the share of wages and emoluments in 2022-23 compared to 2021-22

As Saudi oil supplies rebound, India gets bargaining power in imports

New Delhi will have a variety of supply choices in the next few months at competitive rates from Russia, Iraq, Saudi Arabia

RBI's stern warning to gold financiers likely to take a toll on NBFCs

While large players may not be impacted, lesser-vintage firms could have to mend ways

Trai's whitelisting norms: Majority of banks, insurers in compliance

Mandatory registration of URLs, APKs, OTT links in SMS traffic starts

10 years of Swachh Bharat: Over 82% households had toilet access in 2019-21

For the 2023-24 financial year, Rs 7,192 crore was allocated for the rural sector, while Rs 5,000 crore was earmarked for urban areas

Post-monsoon showers to be 'above-normal' this year, predicts IMD

Most parts of northwest India, some parts of northeast India and the southernmost parts are likely to receive normal to below-normal rainfall

Govt announces 3 new external members ahead of key RBI MPC meet

Govt appoints Ram Singh, Saugata Bhattacharya, and Nagesh Kumar as new external members of RBI's Monetary Policy Committee

Gross GST collection slows to 6.5% at Rs 1.73 trillion in September

According to government data released on Tuesday, GST revenues in September last year was Rs 1.63 lakh crore, while the In August 2024, the mop-up was Rs 1.75 lakh crore

Conflict in West Asia impacting trade with Israel, Jordan, Lebanon: GTRI

To navigate these turbulent times, India must stay vigilant and adaptable to the fast-changing geopolitical and trade landscape in West Asia, the Global Trade Research Initiative (GTRI) said

Since withdrawal, 98% of Rs 2,000 notes have been returned, says RBI

The total value of notes of the denomination has reduced to Rs 7,117 crore from the Rs 3.56 lakh crore on May 19, 2023, the central bank said

DGTR initiates dumping investigation on six products imported from China

SRF Ltd has filed an application for initiation of an anti-dumping investigation on the imports of 'Rl34a', primarily used as a high-temperature refrigerant for automobile air conditioners

Ahead of festive season, 19 kg commercial LPG price hiked by Rs 48

Ahead of the festival season, oil marketing companies announced a Rs 48.50 hike in 19 kg commercial LPG cylinder prices, effective October 1. The cost of 14 kg domestic LPG cylinders remains unchanged

Govt proposes to amend Geographical Indications law, seeks comments

The government is planning to amend the Geographical Indications (GI) of goods' law and has sought comments from public and concerned stakeholders for the same.

Corporate credit robust in H1, 202 issuers got rating upgrades: Ind-Ra

Ind-Ra said that during the first half of the fiscal, large corporates saw a sharp improvement in rating upgrades. 'A' category and above ratings saw significantly lower rating downgrades

Make in India played tremendous role in latest GVA numbers: Piyush Goyal

Goyal further remarked that the world is increasingly viewing India as a manufacturing hub

Fiscal deficit in April-August at 27% of full-year target: Govt data

The fiscal deficit-the gap between expenditure and revenue-was 36 per cent of the budget estimates for the corresponding period last year