Piyush Goyal also exuded confidence that the country will soon be the third largest economy in the world, as transformational reforms and a young population drive future growth.
The statistics ministry has estimated that India's nominal GDP will grow by 15.4 percent in 2022-23 against the Budgetary estimate of 11.1 percent
The statistics ministry's first estimate for this year's GDP growth is higher than the Reserve Bank of India's forecast but it is not all good news
Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27.
Union Finance Minister Nirmala Sitharaman and Lok Sabha Speaker Om Birla handed over the cheques to some beneficiaries.
Nirmala Sitharaman also said the country now has a leadership that is not corrupt and works for the good of the people.
Fadnavis also said that the Eknath Shinde-led Maharashtra government has cleared investment proposals worth Rs 90,000 crore in the last six months.
The finance minister urged the youths to remember those who fought for the country as well as the armed forces who are standing tall to thwart any outside aggression.
The ground breaking ceremony for the 130-km IBFPL was held in September 2018 in the presence of Prime Ministers of India and Bangladesh through video conferencing.
Foreign Portfolio Investors (FPIs) have been adopting a cautious stance toward Indian equity markets for the past few weeks.
The country is negotiating FTAs with countries including Canada, European Union and the UK.
The minister said that the country will see the roll out of indigenously developed 4G and 5G technologies this year.
Gross domestic product will grow 7% in the fiscal year ending March, according to the first official estimate released by the Statistics Ministry on Friday.
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
The jobs market has emerged as an area of concern as the Federal Reserve works to bring down decades-high inflation in the world’s biggest economy.
Gross domestic product (GDP) will likely rise 7% this fiscal year, compared with 8.7% the previous year, the Ministry of Statistics said in its first estimate for the period.
The statistics ministry's first advance estimate for this year's growth is above the Reserve Bank of India's forecast of 6.8 percent
The WEF, it found, had never made any such statement and the Twitter post, which used a screenshot of a report headlined "WEF Orders Public To Bathe 'Once a Week or Less' To Save the Planet", was misleading. The tweet had many thousand views and hundreds of retweets.
The Food and Agriculture Organization's (FAO) food price index, which tracks international prices of the most globally traded food commodities, averaged 143.7 points in 2022, up 14.3% from 2021, and the highest since records started in 1990, the agency said on Friday.
In its pre-Budget demand, Federation of All India Farmer Associations (FAIFA), which claims to represent farmers and farm workers of commercial crops across Andhra Pradesh, Telangana, Karnataka and Gujarat, asked for extension of benefit under RoDTEP (Refund of Duties and Taxes on Exported Products) to the tobacco sector.
Addressing a press conference here, Minister for DoNER G Kishan Reddy said the decision to extend the approved schemes for the balance period of the 15th Finance Commission was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday.
In a pre-budget memorandum submitted to the finance ministry, industry body Plastindia Foundation said the import duty on polymer should be between 5 per cent to 7.5 per cent from the present basic level of 10 per cent.
This is always a good set of aims, but it's especially important in the inflation-prone and unpredictable economies we're seeing all over Africa and the world.
The comments from deputy managing director Antoinette Sayeh come days after IMF released the details of its Article IV consultations with India which called on the government to be more ambitious with fiscal consolidation
The first advance estimates of national income for 2022-23 is significant because the data is used for preparing the Budget of the central government for next financial year of 2023-24.