Page 33 - Economy

Industrial credit growth slips to a 12-month low of 7% in February

The slowdown in industrial credit was much sharper than the slowdown in overall non-food credit, which continued to grow in double digits at 15.9 per cent YoY in February

Inflation and its discontents

Central banks are incapable of dealing with the political and economic outcomes of inflation, and the sooner this is recognised, the less dangerous the consequences will be going forward

Downside risks weigh on GDP growth forecast, says finance ministry

Report flags El Nino conditions, rising crude prices

India's demographic dividend will remain unpaid

Throughout India's post-Independence history, only about 10 per cent of workers have received a regular monthly or weekly wage with at least one social security benefit

Business sentiment turns buoyant in fourth quarter, says NCAER survey

However, labour market prospects for the next six months seem stagnant as the majority of firms expect no change in the labour employed

US House to vote on Republican debt limit bill this week, says McCarthy

McCarthy floated a plan last week that would pair $4.5 trillion in spending cuts with a $1.5 trillion increase in the $31.4 trillion U.S. debt limit

Pak govt borrows PKR 239 bn credit from State Bank of Pakistan: Report

The Islamabad-based economic think tank said an excessive government footprint in the economy and public spending continued to affect the economic crisis

US debt default will threaten global financial system, says BlackRock

Addressing the broader economy, Hildebrand said he saw no scenario in which interest-rate cuts would happen this year

Power rating to maintenance: What to consider when you buy an AC

As India braces for a scorching summer, here is how you should do when you get this necessary device

UP govt's market borrowings may reach over Rs 5.5 trillion in FY24

Compared to the state's nominal gross state domestic product (GSDP) of Rs 24.39 trillion, the market borrowings are 22.6 per cent of the GSDP

An updated perspective on India

While markets could remain choppy and correct more, thought leaders in the investment world have turned positive

Oil and Natural Gas Co to bet on deepwater oil as India seeks to cut import

India, with a fast-growing appetite for crude, is eager to reduce its fuel import bill and bolster energy security, and has encouraged companies like state-controlled ONGC to do more

Why is growing rice becoming a challenge with each passing year

India being one of the major players in the world rice markets can't remain untouched with the weather and other challenges that the crop faces every year

Core inflation still elevated despite muted demand, easing supply situation

Some economists believe that firms are using the excuse of supply disruptions, earlier due to Covid-19 and now the Russia-Ukraine war, to increase prices, calling it 'excuseflation'

Trai blocks 120 sender IDs for bulk messaging over Chinese link in 2 months

An investigation by Indian Cyber Crime Coordination Centre (I4C) revealed that the sender IDs were hosted from China

Liquidated damages in certain cases to draw 18% GST, rules Andhra AAR

Such damages are the sum that one party receives when the other party fails to meet provisions of a contract

India stands firm at WTO: Our food subsidies ensure global food security

Under the trade norms, a WTO member's food subsidy bill should not breach the limit of 10 per cent of the value of production

India does not believe in conflict between ecology and economy: PM Modi

Prime Minister Narendra Modi on Sunday said India did not believe in conflict between ecology and economy but gave importance to coexistence between the two. Protection of wildlife was a universal issue, Modi said, launching the International Big Cat Alliance (IBCA), which endeavours to protect and conserve big cats. The Prime Minister was speaking after inaugurating the programme Commemoration of 50 years of Project Tiger' organised at Karnataka State Open University. Citing data about the tiger population in India, which stood at 3,167 in 2022, Modi said, "The tiger numbers that we have reached shows that this family of ours is growing. This is a moment of pride." Calling for a standing ovation to celebrate the rise in tiger population, he added, "I'm confident and I assure the world that in the days to come we will achieve more." According to the data, the tiger population was 1,411 in 2006, 1,706 in 2010, 2,226 in 2014, 2,967 in 2018 and 3,167 in 2022. Union Minister for ...

Santa Fe Relocation is celebrating and reflecting on fifteen years of moving talented professionals into and out of India

.

Sri Lankan economy projected to contract by 4.3%, says World Bank

The Covid-19 pandemic, rising energy prices, populist tax cuts and inflation of more than 50 per cent has battered Sri Lanka