Page 398 - Economy

Tracking the rise of Reserve Bank of India's physical gold reserves

In the annual report for 2023-24, RBI has said - of the 514.07 metric tonne of gold held as asset of Banking Department, 100.28 metric tonnes held in India and 413.79 metric tonnes held abroad

India eyes multiple mineral pacts with about a dozen countries in Africa

Private players will be invited to take part in exploration, trade within those countries

GDP growth slows down in USA and Japan; remains same in Germany

The OECD expects the US and China, the two largest economies, to slow down in 2025

Investment demand at 4-quarter low, consumption remains sluggish

As a share of nominal GDP, PFCE accounted for 57.9 per cent for the March quarter compared with 58.2 per cent during the same quarter a year ago

India's core sector output sees 6.2% growth in April, shows govt data

The eight sectors-coal, steel, cement, fertilisers, electricity, natural gas, refinery products, and crude oil-comprise two-fifths of India's total industrial production

States achieve 84% of capex budget, 4 exceed target amount: CAG data

States with the lowest capex absorption included Nagaland, Chhattisgarh, Punjab, and Mizoram, according to CAG data

S&P Global Ratings to observe India's fiscal consolidation for next 2 years

It could give a ratings upgrade if govt is committed to fiscal glide path

Unsecured retail credit growth slows down in April 2024: RBI data

Credit offtake by services, industry stays robust

Growth momentum to continue in FY25, better year ahead for agri

Government would decide in the FY25 budget whether the fiscal deficit target of 5.1 per cent of GDP can be lowered further to fast track India towards the fiscal glide path

This is just a trailer of things to come, says PM Modi on GDP figures

India's economy clicked growth of 7.8 per cent in the January-March quarter, pushing the annual growth rate for FY24 to 8.2 per cent, mainly on account of good showing by manufacturing

FY24 GDP growth of 8.2% is great news for India: Arvind Panagariya

The 16th Finance Commission chairman Arvind Panagariya on Friday said GDP growth at 8.2 per cent for 2023-24 is a "great news for India".

Growth momentum will continue in third term of Modi govt: FM Sitharaman

Today's GDP data showcases robust economic growth with a growth rate of 8.2 per cent for FY 2023-24 and 7.8 per cent for the fourth or March quarter of FY 2023-24

India's GDP growth rate jumps to 7.8% in Q4; FY24 growth at 8.2%

In the previous quarter, GDP growth rate accelerated to 8.4%, it was 7.6% in the July-September quarter

India's FY24 fiscal deficit lower than full-year target, shows govt data

The fiscal deficit came in at Rs 16.54 trillion ($198.34 billion), or 95.3% of the estimate, even as the government continued its record infrastructure spending to boost the economy

Forex reserves snaps three-week gaining streak, ease from record high

The reserves fell by $2 billion in that week, after rising by a total of $10.8 billion in the previous three weeks

Core sector growth accelerates to 6.2% in April, shows govt data

The growth of these core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 4.6 per cent in April 2023

India Q4 GDP numbers today: Will the actual data match the predictions?

India's GDP growth rate accelerated to 8.4% in Q3FY24; FY24 growth estimate at 7.6%

S&P Global to observe India's fiscal glidepath for possible rating upgrade

India aims to narrow its fiscal deficit to 4.50% of gross domestic product by the end of 2025/26, from an expected 5.8% in 2023/24

Adopting global standards to help India improve quality of goods: GTRI

It also said that developing comprehensive quality infrastructure is essential for expertise, conformity assessment systems, and market surveillance

RBI transfers 100 tonnes of gold from UK to its domestic vaults in India

Reports say that another similar amount of gold could be en route to the country in the coming months