Page 374 - Economy

Union Budget 2024-25: Here're key challenges in renewable energy sector

Local manufacturing (wind, solar) to be scaled up to compete with global majors on quality, price

168 million workforce added since FY18, 46.6 million in FY24: RBI data

RBI data shows services sector absorbing those moving out of agriculture

Final call soon for states and UTs to avail of MSME scheme benefits

The scheme aims to foster a favourable environment for MSMEs to flourish, thus playing a crucial role in strengthening India's economy and generating employment opportunities

Govt considers easing rice export limitations in boon to world buyers

The government is considering allowing white rice shipments with a fixed duty, said the people, who asked not to be identified as the talks are confidential

Labour ministry rebuts Citigroup's research report on employment in India

Ministry of Labour and Employment strongly rebuts such reports which do not analyse all official data sources available in the public domain, it said

CNG, piped cooking gas price hiked in Mumbai on rise in input costs

Mahanagar Gas Ltd, which retails CNG to automobiles and piped natural gas to households in Mumbai and surrounding cities, said prices will come into effect from intervening night of July 8 and 9

India's employment provisionally grew at 6% in FY24, shows RBI data

The release of the data follows a Citibank report last week which said growth of close to 7 per cent will only create 8 million to 9 million jobs in India, short of the 11 million to 12 million needed

Modi govt's top coalition ally TDP seeks more than $12 billion handout

Modi has agreed in principle to providing the financial support to Naidu, the people said. The TDP leader met Finance Minister Nirmala Sitharaman on Friday to discuss the details

Govt to reopen application window for PLI scheme for ACs, LED lights

The application window shall remain open from July 15 to October 12. No application shall be accepted after the closure of the application window

Market concentration increased across India's key industries in FY24

Analysts attribute the rise in market concentration to the superior profitability of larger firms and a spate of mergers and acquisitions in recent years

Rising focus: Budget push likely for social sector to lift rural demand

Bumper RBI dividend may help govt increase funding

PM Modi's Russia visit begins on July 8: Trade, tariff likely on agenda

Issue of 'imbalanced' trade will be priority during talks with Russia

Bigger, bolder labels: Companies look to put it back on FSSAI table

Industry executives say the transition to new nutritional labelling may have cost implications for companies as they usually have packaging stock for the next few months

West Bengal lost 3 million jobs in informal sector in 7 years: NSO data

Maha best performer with 2.4 mn additions, shows NSO data

Commerce ministry targets $100 billion electronics, textile exports by FY30

Pharmaceutical exports are targeted to double to $55 billion by FY30, from $27.84 billion in FY24, focusing on drug formulations and biologicals

Uttar Pradesh govt inks over 154 defence deals worth Rs 25,000 crore

The defence projects are coming up in the mega UP Defence Industrial Corridor (UPDIC) spanning six nodes of Lucknow, Kanpur, Jhansi, Aligarh, Chitrakoot and Agra districts

FinMin concludes pre-Budget talks with 120 invitees, 10 stakeholder groups

Representatives from agriculture, education, health, MSME, energy, infrastructure sectors were the participants

India plans geological mapping and mineral exploration in Zambia

India seeks to access African nation's critical minerals to diversify its supply chain and strengthen bilateral ties

India, UK to hold next round of talks on proposed trade pact this month

Britain's newly-elected Prime Minister Keir Starmer spoke to Prime Minister Narendra Modi on Saturday and said he stood ready to conclude an FTA that worked for both sides

'Jobless growth': Cong slams govt over 'accentuated unemployment crisis'

Ramesh shared highlights of the report which stated that India must create 12 million jobs per year for the next 10 years to employ our youth