BUSINESS
Govt targets domestic value addition in ACs to rise to 75-80% by FY29
The third round of the scheme has received commitments worth Rs 4,121 crore
BUSINESS
Retail inflation rises to nine-month high of 5.5% in September; dims hope for a rate cut
Wholesale inflation had increased to 1.84 percent in September from 1.31 percent in the previous month
BUSINESS
Wholesale inflation rises to 1.84% in Sept on higher food prices
Wholesale prices have remained above 1 percent since April
BUSINESS
India-EU FTA can be fast-tracked if the focus is business and trade issues, not extraneous items: Piyush Goyal
Goyal also highlighted concerns surrounding the EU’s carbon tax regulations and deforestation initiatives, which are expected to increase the cost of Indian exports
BUSINESS
Industrial growth contracts for first time in 22 months in August
Industrial growth had expanded 10.9 percent in August 2023
BUSINESS
People from Bihar spend most on hospitalisation; Delhiites enjoy better reimbursements
Delhiites spent 0.2% of their per capita income on hospitalisation expenses, while urban residents of Haryana and Karnataka spent 0.4%, a Moneycontrol analysis of statistics ministry data showed
BUSINESS
Women’s digital access has witnessed significant jump post pandemic: MC Analysis
The number of women with access to mobile phones with an active sim rose to 78.7 percent in 2022-23 from 56.7 percent during the pandemic period
BUSINESS
India has become more digitally capable than before: MoSPI survey
The number of people using the internet also increased from 41.8 percent in 2020-21 to 59.8 percent. Among the youth aged 15-29, the usage was higher at 84.2 percent
BUSINESS
BJP’s election manifesto will add over 2 percentage points to Haryana’s fiscal deficit: MC Analysis
The party has committed to implementing the Lado Lakshmi Yojana, which entails a monthly payment of Rs 2,100 to every woman in the state
BUSINESS
India needn't mimic China model for growth, should focus on factor reforms: Jean Pierre Landau
Labour market and education reforms, skilling initiatives, and incorporation of new technologies are needed to push for sustaining growth in the coming decade
POLITICS
BJP cements its victory in Haryana with higher margins
A Moneycontrol analysis shows that the party’s margin of victory was much more decisive than in the previous election, as 34 of the 48 seats were won with a margin of over 10,000 votes
INDIA
A tale of two parties: Win for BJP, glass half full for Congress
Congress witnessed its vote share decline to the lowest level in three decades in the Jammu and Kashmir assembly polls
POLITICS
Abdullah’s JKNC achieves highest vote share since 2008; Congress, PDP witness worst performance since 2002
BJP bags a quarter of the votes and 29 seats in 2024. Vote share climbs higher than national elections
BUSINESS
India set to attract $100 billion in UAE investments, says Piyush Goyal
At present, direct equity investments from the UAE stand just under $20 billion, with nearly $3 billion invested in the last fiscal itself
BUSINESS
Conflict & Commerce: How India's trade with Israel and Iran has changed
Arms and ammunition imports from Israel have risen from around $1 million in FY13 to $104 million in FY24.
INDIA
India, UAE to setup food corridor, likely to attract $2-billion investments, says Piyush Goyal
Food processing units and food parks to cater to demand from middle East
BUSINESS
Business confidence at a two-quarter high in Q2: CII Index
Around 80 percent of the respondents expect inflation to stay below 5 percent for the current fiscal
BUSINESS
There is confidence about India amidst growing regional conflict, says PM Narendra Modi
The prime minister stressed on the performance of the Indian economy in FY24, highlighting that it had beaten forecasts from all major agencies and said India may repeat that task again this year
BUSINESS
Why India needs another National Mission on Edible Oils?
India’s oilseed production has remained muted, leading to higher dependence on imports. Nearly 70 percent of the country’s edible oil demand is met through imports
BUSINESS
Govt looking to align some indicators of India’s BRAP 2024 index with the World Bank’s B-READY index
Moneycontrol had earlier reported that the government had asked states to address the gaps in the B-READY evaluation to improve their ranking in the global index
BUSINESS
Services activity dips to 10-month low of 57.7 in September
Manufacturing activity, too, slowed down during the month to an eight-month low of 56.5, data released earlier this week showed
BUSINESS
New CPI series could track online grocery prices
The Statistics Ministry had written to quick commerce platforms to collect price information on certain grocery items
BUSINESS
Why is the Red Sea vital for India’s changing trade dynamics?
Exports to Europe, the Americas, and North Africa have risen faster than its imports
BUSINESS
10 years of Swachh Bharat: 50% villages turn free of open defecation; Kerala tops, MP gains most in ODF states
Punjab and AP worst ratio of villages with liquid and solid waste management facilities that are also visible clean
