December 04, 2021 12:16 PM IST
The country imported nearly 300 tonnes of non-monetary gold in the second quarter of the current fiscal year as prices of the yellow metal cooled
- December 04, 2021 10:09 AM IST
As inflation remains persistently high, the Fed looks to double down on the taper despite the emergence of Omicron
- December 03, 2021 08:08 PM IST
"We think the new climate goals will be difficult to achieve without significantly compromising India’s stated economic targets and its ambition to become a $5 trillion economy by 2024/25. Indeed, it may not even be possible,” Oxford Economics said.
- December 03, 2021 07:34 PM IST
In the previous week ended November 19, the reserves had increased by $289 million to $640.401 billion.
- December 03, 2021 07:23 PM IST
Friday’s report from the Labor Department also showed that the unemployment rate fell sharply to 4.2 percent from 4.6 percent.
- December 03, 2021 05:13 PM IST
I think the convergence of real-time, the convergence of the distributed ledger and blockchain technology (smart tokens), the convergence of physical and digital through IoT will enable and re-define the decentralised financial sector in a way that we have never imagined, says Mukhesh Ambani
- December 03, 2021 03:32 PM IST
In 2013-14 fiscal, the government through Small Farmers’ Agribusiness Consortium (SFAC) had created the 100 crore Credit Guarantee Fund to finance the project load of FPOs.
- December 03, 2021 03:11 PM IST
In a written reply to the Rajya Sabha, Minister of State for Food Processing Industries Prahlad Singh Patel informed that the FDI in the food processing sector stood at Rs 4,430.44 crore in 2018-19, Rs 6,414.67 crore during 2019-20 and Rs 2,934.12 crore during the 2020-21 financial year.
- December 03, 2021 12:05 PM IST
The seasonally adjusted India Services Business Activity Index was at 58.1 in November, fractionally down from 58.4 in October. The November figure points to the second-fastest rise in output since July 2011.
- December 03, 2021 11:01 AM IST
Among the sectors that witnessed growth include retail, hospitality and education. Hiring trends are ‘positive’ across all major cities and experience levels, the index found
- December 03, 2021 08:29 AM IST
A quantity of 290.98 lakh tonnes of paddy has been procured in KMS 2021-22 till November 30. "Till now about 18.17 lakh farmers have been benefitted with MSP value of Rs 57,032.03 crore," the statement said.
- December 02, 2021 07:22 PM IST
Jobless claims climbed by 28,000 to 222,000 from the previous week’s pandemic low 194,000, the Labor Department reported Thursday. The four-week average of claims, which smooths out week-to-week ups and downs, fell below 239,000, a pandemic low.
- December 02, 2021 03:55 PM IST
The Food and Agriculture Organization's (FAO) food price index, which tracks international prices of the most globally traded food commodities, averaged 134.4 points last month compared with a revised 132.8 for October.
- December 01, 2021 10:01 PM IST
India's merchandise exports rose to $29.88 billion for the month from $23.62 billion in the same period last year, while imports rose to $53.15 billion in November from $33.81 billion last year.
- December 01, 2021 08:37 PM IST
Imports in April-November 2021 grew by 75.39 per cent to USD 384.44 billion.
- December 01, 2021 08:03 PM IST
The Reserve Bank’s annual publication titled 'State Finances: A Study of Budgets of 2021-22' further said as the impact of the second COVID-19 wave wanes, state governments need to take credible steps to address debt sustainability concerns.
- December 01, 2021 05:01 PM IST
R Gandhi said the country needs to play along with the Indian psyche of the strong preference for physical gold and gold in the form of jewellery, if it wants to be successful in monetising gold for the betterment of the economy.
- December 01, 2021 04:46 PM IST
The global economy is now expected to expand by 5.6 percent this year, down from an earlier forecast of 5.7 percent, the OECD said in its updated economic outlook which warns that low vaccination areas could create "breeding grounds" for deadlier virus mutations.
- December 01, 2021 03:10 PM IST
As India’s GDP grows 8.4% in Q2FY22, the new COVID variant emerges as a threat. Analysts say RBI may start monetary tightening soon and consumption will likely remain subdued
- December 01, 2021 12:55 PM IST
The IBRD and its concessional lending arm, the International Development Association (IDA), are collectively also called the World Bank. The variable spread loan ?or floating interest loan ?will have a maturity of 17 years, including a grace period of seven years and will aim to strengthen distribution networks, invest in smart-grid technologies, and ensure financial sustainability of the state discom.
- December 01, 2021 12:53 PM IST
In Mumbai, a commercial LPG cylinder will now cost Rs 2,051. In Kolkata, it will be priced at Rs 2,174.50 per cylinder, and in Chennai at Rs 2,234.50.
- December 01, 2021 12:27 PM IST
The economy grew at 8.4 per cent in the second quarter of the current fiscal, according to data released by the National Statistical Office (NSO) on Tuesday.
- December 01, 2021 10:51 AM IST
An easing of COVID-19 restrictions drove demand and boosted sales, indicating the economy was on the path to normalization.
- December 01, 2021 07:57 AM IST
The figure is almost double the amount budgeted for fertiliser subsidies in the budget for this fiscal year ending on March 31.
- November 30, 2021 07:14 PM IST
The GDP numbers of July-September quarter, though higher than the contraction of 7.4 percent recorded in the same period last year, is lower than than the 20.1 percent growth registered in Q1 FY22.