Page 430 - Economy

Manufacturing PMI in March rises to 16-yr high, employment improves

Sharpest uptick in output, new orders since Oct 2020, says survey

Will RBI change focus to growth after PM Narendra Modi's speech?

While the central bank has not hiked the repo rate for more than a year now, but it has refused to drop the guard on inflation even if core inflation has moderated

Natural disasters cause $65bn loss in APAC in 2023; 91% loss uninsured: Aon

As per the report, 398 natural disaster events occurred globally in 2023, resulting in an economic loss of $380 billion in the year.

Over 80 million people worked under MGNREGA in FY24, shows data

It is the lowest number of beneficiaries to have accessed employment under the scheme since the Covid-19 pandemic

Fastest growing occupation for young: Unpaid help in household enterprises

Women dominated the household unpaid category while it was own-account for men within self-employment

Consumer sentiment of urban Indians dips to a 4-month low, shows data

Rural consumer sentiment is at its highest level thus far in 2024

India, EEU bloc officials hold talks to formally start negotiation for FTA

The official said two feasibility studies have already been conducted on the proposed agreement

'Govt meets tax collection target of over Rs 34.37 trn for 2023-24'

The net direct tax collections (comprising corporate tax and personal income tax) reached over Rs 18.90 trillion as of March 17

Morth raises Rs 40,314 crore via asset monetisation in financial year 2024

The ministry had raised Rs 32,855 crore in 2022-23 through various modes of asset monetisation

Bias at the ballot box: The ways voters are influenced in elections

Authority figures to availability choice: Our voting decisions are often coloured by biases that are often unconscious

Searing heat wave in the country boosts RBI case to wait on rate cuts

The pace of inflation in India has remained above the central bank's 4% target for the last few months, giving policymakers reason to remain cautious

16-yr high: At 59.1 in March, India's manufacturing PMI highest since 2008

The manufacturing PMI has remained above the 50-mark for more than 30 consecutive months

Oil gains on expectations for higher demand as Middle East concerns rise

Opec's output fell last month by 50,000 bpd, indicating the voluntary cuts are having some effect

India must focus on manufacturing to compete with China: EAM Jaishankar

Jaishankar was speaking at a corporate summit on "Bharat's Economic Rising," organised by the Southern Gujarat Chamber of Commerce and Industry (SGCCI)

CCI gets revenue department staff for NAA cases for six more months

The authority was established for an initial period of two years to ensure that the benefits of reduction in the GST rates and input tax credits are passed on to the consumers

GST collections hit Rs 1.78 trillion in March, the second highest ever

Net GST collections rise 18.4% in March, 13.4% in FY24

Salaried workers' real wages dropped between 2012 and 2022: ILO study

The average real monthly wages of a regular wage worker dipped to Rs 10,925 in 2022 from Rs 12,100 in 2012

India's FY24 defence exports jump record 32.5%, touch Rs 21,083 crore

These figures indicate that the defence exports have grown by 31 times in the last decade

Russia, Venezuela flows stay strong as cheaper crude evades US curbs

India may receive 4 million barrels of Venezuelan crude, the cheapest among all crude sources, in April, lower from 4.78 million barrels in March

India Inc's credit quality remains healthy in H2FY24: Rating agencies

While commodity prices have softened, revenue of upgraded companies in the CRISIL rating pool grew by about 13 per cent in fiscal 2024 largely led by a pick-up in volume