Page 433 - Economy

Odisha registers 10.73% increase in gross GST collection during FY24

Odisha has recorded a growth of 10.73 per cent in gross GST collection in the 2023-24 fiscal, a statement said on Monday.

Lower inequality amid slower growth: A mixed bag

What other broad macroeconomic implications can be inferred from the household consumption expenditure survey factsheet?

Indian Railways registers 5% increase in its freight traffic: Officials

The growth was mainly fuelled by coal and iron ore, traditionally the mainstay of the railways' freight portfolio

After three years, RBI returns to multiple price auctions for govt bonds

Since July 2021, the RBI has been conducting auctions for bonds, under uniform pricing, except for ultra-long duration bonds maturing in 30 years and beyond

97.69% of Rs 2000 currency notes returned to banking system, says RBI

The Rs 2,000 banknotes continue to be legal tender

RBI reverts to multiple price auctions for govt securities after 3 years

Under the multiple price auctions, buyers are allotted bonds at the price they bid at, while uniform pricing means bonds are sold at the cutoff level

Indian firms collect Rs 9.41 trn from private placement of corporate bonds

The funds were mopped up to strengthen balance sheets, retire existing debt and support working capital requirements

Coal, lignite production hits all-time high of 1 bn tonnes in FY24: Joshi

India's total coal and lignite output was at 937 million tonnes (MT) in the preceding 2022-23 fiscal, as per official figures

March GST collection grows 11.5% to Rs 1.78 trillion, says FinMin

The gross total GST collection for FY24 stood at Rs 20.14 trillion, up by 11.7 per cent when compared to FY23

LPG commercial, 5 kg FTL cylinder prices cut ahead of Lok Sabha polls 2024

Jet fuel prices reduced, however, domestic LPG cylinder prices remain unchanged

Marginal cut in jet fuel price, commercial LPG rate reduced by Rs 30.5

Alongside, oil firms also cut the price of commercial LPG by Rs 30.5 to Rs 1,764.50 per 19-kg cylinder

India needs to become economically self-reliant in next 10 years: PM Modi

Modi said the banking sector has become profitable and credit growth has been increasing because of efforts taken by his government and the RBI in the last decade

Figure this: Discrepancy in India-China trade data is only getting worse

What China sends doesn't match India's records on imports, and the mismatch is in billions of dollars

Govt raises Rs 16,500 cr by selling stakes in companies in FY23-24

Prime Minister Narendra Modi's ambition of privatising state-run firms has taken a back seat due to general elections that start on April 19

India's most innovative cities including Bengaluru run out of water

Tech professionals are leaving India's IT hub of Bengaluru amid an intensifying drought that has gripped the city as it sweats through another torrid pre-monsoon season

Statsguru: Six charts show rising India's foreign exchange reserves

Due to increased capital flows, India accumulated over $100 billion worth of reserves during the pandemic

MPC may keep repo rate, stance unchanged at FY25's 1st meet: BS Poll

The RBI will announce the review of the policy on April 5

Now, artificial intelligence to help spread access to govt schemes

Beneficiaries will be prompted to join other schemes on meeting criteria

FY25 likely to witness close to 7% economic growth, but risks remain

Finance Minister Nirmala Sitharaman at the Business Standard Manthan said the high capex growth needs to be maintained to meet growth targets

RBI's journey of 90 years: The building of India's financial fortress

Prime Minister Narendra Modi will join the commemoration at the National Centre for Performing Arts in Mumbai