Page 410 - Economy

Govt recovers Rs 852 cr under amnesty scheme for exporters: Official

The figures are likely to increase further as the exercise is on for the compilation of the data, the official added

GDP growth rate likely to be 6.7% in Q4, around 7% in FY24: Ind-RA

The Indian economy grew 8.2 per cent in the June quarter, 8.1 per cent in the September quarter and 8.4 per cent in the December quarter of 2023-24

Ministry aims for 80% landlord model at major ports by 2030: Ramachandran

In the landlord model, private players take over the operational aspects, while the port authority acts as a regulator and landlord

Need to reconsider sachetisation of F&O trade to safeguard savings: CEA

Speaking at the CII's Annual Business Summit, 2024, Nageswaran said whenever financial sector development precedes national development the story hasn't ended well for other countries as well

Centre's new electric vehicle policy to be open to all companies

The policy primarily aimed to boost EV manufacturing in the country by top global players such as Tesla, VinFast, BYD among others

CII Business Summit: Dead serious about IMEC, says EAM Jaishankar

Says spike in India's trade and cooperation with Russia should not be considered temporary

India, UAE conclude meeting on India Middle East Europe Economic Corridor

According to the Indian Embassy in Abu Dhabi press release, the IMEEC will provide effective alternate supply routes generating efficiencies and reducing costs

India, Britain reaffirm FTA commitment at annual strategic dialogue

The 2030 Roadmap was clinched between India and the UK in 2021 and includes commitments to deepen cooperation on health, climate, trade, education, science and technology, and defence by 2030

From Zerodha to Cars24, 10 unicorns to hop on government-backed ONDC

ONDC in 'serious discussions' with Amazon, Flipkart to join the network

Mutual funds likely to get nod to invest in ETFs with India presence

India exposure in such global ETFs could be capped at 20%

Need our own JP Morgans and Citibanks: NITI chief BVR Subrahmanyam

Subrahmanyam calls for reforms in tariff policy, ease of procedures

UN revises India's GDP growth forecast by 70 basis points to 6.9%

The UN body also noted that surging demand for critical minerals presented new opportunities for developing economies but pointed to a need for innovation and policy and institutional reforms

India's foreign exchange reserves jump $2.56 billion to $644.15 billion

Gold reserves increased $1.072 billion to $55.952 billion during the week, the RBI said

India could be the third largest economy by 2026-27, says Arvind Panagariya

Panagariya stressed that in order to achieve this, it was important to reform labour laws and for markets to release capital to more labour-intensive industries

Chabahar Port deal 'landmark' for economic ties with India: Iranian envoy

India on May 13 signed a 10-year contract to operate the strategic Iranian port of Chabahar that will help it expand trade with Central Asia

India's consumption story is yet to address the caste discrimination issue

Ages-old bias could also be affecting what traditionally deprived communities earn

Spike in trade with Russia not a 'temporary phenomenon': EAM Jaishankar

"For long, we have looked at Russia from a political or security perspective," Foreign Minister S. Jaishankar said at an industry conference

Container volume likely to grow 8% to 342 million tonnes in FY25: Report

Cargo at Indian ports is dominated by 3Cs -- crude oil (termed as Petroleum Oil Lubricants (POL), coal and containers

India needs its own JP Morgans, Citibanks around the world: Niti Aayog CEO

Subrahmanyam calls for financial sector with the 'muscle' to serve firms in India and across the world

West prefers India over China, economic prospects robust: UN expert

He further said the oil price and special import arrangements that India has with Russia is also 'helping India tremendously in terms of keeping its import costs down'