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The cumulative cost overrun of 1,568 projects monitored across the country, each with an investment of Rs 150 crore or more, is Rs 4.5 lakh crore.
Federation of Indian Export Organisations (FIEO) also said the government initiatives are helping the country record a healthy growth rate in exports.
Spot gold rose 0.8% to $1,839.79 per ounce by 0721 GMT. U.S. gold futures were up 0.6% at $1,840.50.
The state has proposed a Rs 1.56 lakh crore budget for this financial year 2022-23, a growth of 14.2% from previous fiscal.
With a cautiously optimistic outlook for the country's economy, Varma on Sunday said growth prospects for 2022-23 and 2023-24 financial years are "reasonable" even after taking into consideration the possibility of a long-drawn-out period of geopolitical tensions and elevated commodity prices.
On the second day of his visit after visiting Puducherry, Mansukh Mandaviya took part in a series of events and also participated in the foundation stone laying ceremony of a Central Government Health Scheme (CGHS) centre in neighbouring Avadi.
Moreover, asset management companies (AMCs) have a line-up of passive funds on the fixed income and equity side as well as selective launches in certain categories to fill product gaps.
In the recently concluded performance review of PSBs by the Finance Ministry, sources said, lenders were asked to focus on technology and data analytics to push their lending.
In Mumbai, petrol is selling at Rs 111.35 and diesel at Rs 97.28
According to the statement, Bharat New Car Assessment Programme (Bharat NCAP) is applicable on type approved motor vehicles of category M1 (motor vehicles used for the carriage of passengers, comprising eight seats, in addition to driver’s seat) with gross vehicle weight less than 3.5 tonnes, manufactured or imported in the country.
In Mumbai, petrol is selling at Rs 111.35 and diesel at Rs 97.28
Last week, the Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point - its biggest hike since 1994 - to a range of 1.50 percent to 1.75 percent
US inflation by the Fed's preferred measure is running at more than three times the US central bank's 2 percent target
The world's largest biometric identification network has been praised for its utility and ubiquity. But a bit of resin is putting it at risk
The move would help curb the menace of fake billing, whereby sellers would show higher sales in GSTR-1 to enable purchasers to claim input tax credit (ITC), but report suppressed sales in GSTR-3B to lower GST liability.
Economic growth is unambiguously impaired when inflation stays above 6 percent, the Deputy Governor said. He added that the central bank hopes to rein in inflation within two years.
The RBI's rate-setting panel has since early May raised the policy repo rate by 90 basis points to 4.90 percent as it seeks to curb elevated inflation which could threaten economic recovery.
Commerce and Industry Minister Piyush Goyal has attributed the upcoming flurry of trade talks to a direct impact of India’s firm, yet inclusive, leadership at the recently-concluded 12th Ministerial Conference (MC12) of the World Trade Organisation (WTO).
Modi said the government will not only set short term but also long term targets for boosting exports. However, unlike previous governments, it will also create detailed roadmaps for individual items to reach that target, achieve zero defect zero effect among manufacturers, and world class packaging of products.
A mob chanting Islamist slogans stormed the Maldivian national stadium where over 150 people, including ambassadors from India, Bangladesh and the UK, were taking part in an International Day of Yoga event, co-organized by the Indian High Commission in Maldives.
An analysis of the official international student flow to the US shows that while more than 27 percent of foreign students in Illinois are Indians, its almost 22 percent in Texas, about 18 percent in New York and 13.7 percent in California.
There is also a need for developing a sense of sensitivity and sympathy towards the fact that most of the complainants in the country's consumer grievance redressal mechanism were poor, weak consumers, the minister added.
The rationalisation of non-capex expenditure has become critical, not only for protecting growth supportive capex but also for avoiding fiscal slippages, the ministry said.
India’s pandemic hit economy is recovering but its size is barely above the pre-pandemic level.
An immediate reaction regarding the move, which has invited criticism from various quarters, was not available from the public sector lender.
