Page 40 - Economy

RC Bhargava to Sanjiv Puri: BS jury welcomes focus on digital infra, growth

Private sector investments will be further facilitated by continued emphasis on infrastructure development and a higher provision for capital expenditure, said R C Bhargava, Chairman, Maruti Suzuki

PM Modi's election Budget unlikely to delay RBI path to rate pause

The new tax rates are unlikely to add to inflationary pressures in the economy in the near-term, said economists including Nirmal Bang Institutional Equities Pvt.'s Teresa John

Small businesses to common citizen: 5 key Budget proposals explained

Budget gives Rs 2.40 trillion to Railways: the highest-ever outlay for the national transporter

Jan manufacturing PMI falls to three-month low as production, exports slow

Companies increase input inventories by purchasing additional materials, but hiring remains unchanged broadly

Thai economy continued to recover in December 2022: Bank of Thailand

The country's economy continued to improve in the final quarter of 2022 from the previous quarter due to increasing foreign tourist arrivals, which bolstered services and private consumption growth

India imported more Russian crude oil than ever in January, shows data

India imported between 1.27 to 1.42 million barrels of Russian crude per day, which made up 28% of India's supplies in January, the highest ever

US, India seek joint production of GE jet engines amid push for closer ties

US National Security Adviser Jake Sullivan said in a briefing that the framework won't be solely driven by the geopolitical challenges posed by Moscow or Beijing

Euro zone economy unexpectedly grows in Q4 but weak 2023 looms

France registers unexpected GDP expansion while Italy shrinks

Rupee slides 43 paise on risk aversion ahead of Budget, Fed statement

Govt bond yields decline ahead of Budget statement as traders feel the fall in prices over the past week had been overdone

Inflation, loans, forex balance: The many crises for Pakistan's economy

Without a bailout package from IMF and support from others, India's neighbour will be pushed deeper into the abyss

Legislation governing multi-state cooperative societies set for big change

The Multi-State Cooperative Societies (MSCS) Act, under which the three new co-ops are being formed was last amended in 2002

Assembly polls 2023: Economic snapshots of 3 poll-bound northeastern states

Let us analyse the economic issues and present a brief political scene of the poll-bound states of Tripura, Nagaland, and Meghalaya

Diverse views on trade & investment at Davos

Beneath the high sounding words during the discussions, willingness to co-operate on trade and investment issues was missing

Pakistan govt goes for a steep hike in petrol and diesel prices

After the rise, the price of petrol was set at Rs 249.80 per litre

Want pay raise? Work 5 days a week in office, Brit firms tell staff

Wages are rising at near-record rates because workers are in short supply even though the economy is headed into recession

Cash-strapped Pakistan's prosperity, economy 'Allah ke zimme': FM

Facing an acute balance of payments crisis, Pakistan is desperate to secure much-needed external financing

Pak PM apologises to nation for inconvenience caused by power outage

Pakistan Prime Minister Shehbaz Sharif on Tuesday apologised to the nation for the inconvenience caused by the countrywide power outage that plunged millions of people into darkness and vowed to fix responsibility for the second major breakdown in nearly four months. Pakistan faced a major power breakdown on Monday due to a voltage fluctuation in the national grid, disrupting normal life and leaving major parts of the country, including capital Islamabad and financial hub Karachi, without electricity. Taking to Twitter, the premier wrote: "On behalf of my government, I would like to express my sincere regrets for the inconvenience our citizens suffered due to power outage yesterday." "On my orders an inquiry is underway to determine reasons of the power failure. Responsibility will be fixed," he tweeted. Power supply was mostly restored in Pakistan, though some parts of the country still experienced blackouts on Tuesday. Minister for Energy Khurram Dastgir said on Tuesday that ...

Centre's three new national cooperatives signal sector's growing clout

But, critics say the approach in forming should have been bottoms-up instead of top-down

Pakistan's State Bank raises key rate by 100 basis points as crisis mounts

State Bank of Pakistan raised the target rate to 17%, a move expected by 25 of 43 economists in a Bloomberg survey. The majority of the economists had forecast a hike ranging from 75-200 basis points

The gas paradox: Govt encouraging huge investment to push demand

But imposing policies that deter domestic exploration and production