Centre seeks parliament nod for ₹1.29 lakh cr additional spend
The additional spending approval sought through the first supplementary demand is substantially lower than the approval for ₹4.3 lakh crore sought in the first supplementary demand for grants in FY23
India set to become the third-largest economy by 2030: S&P Global
Titled the 'Global Credit Outlook 2024: New Risks, New Playbook,' the report expects the country to be the fastest-growing major economy in the next three years.
India’s manufacturing PMI expands to 57 in Nov; input cost inflation slips to 40-month low
According to S&P Global, a key feature of the latest results was a substantial easing of price pressures.
What Bihar caste census tells about India growth story
63.7% of Bihar households earning ₹333 per day show acute poverty and isn’t very different from what the "free" ration to 67% country's households, now extended for five more years, also does.
IPEF concludes negotiations on clean economy, fair economy
IPEF seeks to strengthen economic engagement among partner countries with the goal of advancing growth, peace and prosperity in the region.
Global economic woes reduce FDI flows into India
Despite slowdown in FDI inflows, India has a higher share of global FDI flows, rising from 2.4% in FY17 to 4.2% in FY23
Ficci Economic Survey pegs FY24 median GDP growth at 6.3%
Ficci said the downside risks to growth are geopolitical stress, China's slowdown, and below par monsoon among others.
Merchandise exports dip 2.6% in Sept; trade deficit at $19.37 bn
The country’s merchandise imports fell by 15% year-on-year to $53.84 billion as against $63.37 billion in the same period last year.
Retail inflation eases to 5% in September
During the month under review, the retail inflation in rural areas stood at 5.33% as against 7.02% in August this year.
Direct tax collections rise 23.51% to ₹8.65 lakh cr in FY24
The net direct tax collections include corporation tax at ₹4,16,217 crore (net of refund) and personal income tax including securities transaction tax at ₹4,47,291 crore (net of refund).