Sun, Nov 26, 2023
The market valuation of ITC was down Rs 1,808.36 crore to Rs 5,46,000.07 crore, while that of Infosys dipped Rs 290.53 crore to Rs 5,96,391.22 crore.
The Minister of State for Science and Technology & Atomic Energy and Space (Independent Charge) said that some foreign agencies like the AKD have predicted that this figure could even go up to USD 100 billion by 2040.
Sat, Nov 25, 2023
Germany's economy shrank in recent months and business confidence is still in the dumps, according to figures, while the government is struggling to overcome a budget crisis that threatens to exacerbate problems in what was already the world's worst-performing major developed economy.
Fri, Dec 30, 2022
Speaking at the event to mark the operationalisation of the India-Australia Economic Cooperation and Trade Agreement signed in April this year, Goyal said January itself is filled with meetings between Indian Commerce Ministry officials and their counterparts abroad.
Thu, Dec 29, 2022
"Frontloaded monetary policy actions are expected to bring inflation into the tolerance band and closer to the target while anchoring inflation expectations," the FSR noted.
According to Anarock, 2022 housing sales in primary markets (fresh sales) across seven major cities stood at nearly 3.65 lakh units, an all-time high, up 54 per cent from 2,36,500 units last year.
India-Australia trade pact: The Economic Cooperation and Trade Agreement (ECTA), which was signed on April 2, would provide duty-free access to Indian exporters of over 6,000 broad sectors, including textiles, leather, furniture, jewellery and machinery in the Australian market.
Tue, Dec 27, 2022
FMCG companies are "cautiously optimistic" and expect the rural market, which accounts for more than one-third of the overall sales, to bounce back in 2023 riding on a good harvest season, government impetus, and improvement in farm income.
Sat, Dec 24, 2022
"As we head into 2023, global economic developments are expected to complicate the outlook further, and therefore continued vigilance is a critical aspect in maintaining India's external resilience," a finance ministry report said.
Thu, Dec 22, 2022
Honeywell was working in India towards this goal and the company has been at the helm of innovations and technology in its business operations, Ashish Gaikwad, Managing Director at Honeywell Automation India says. There must be some form of help or collaboration from government to work more aggressively on sustainability, he adds
Wed, Dec 21, 2022
Over two lakh powerlooms in Tamil Nadu had diverted to VSF manufacturing and enabling value added exports and anti-dumping duty would again make manufacturers to switch over to imports that would have serious impact on the MSME spinning mills, Ravi Sam said.
It is the external sector, mired by a fear of recession or clear visibility about slowing growth in a large part of the world, where the challenges lie, he said, adding that the impact of external demand will "dent" the economy.
Government has cleared an incentive of a global company engaged in electronics manufacturing in the country.
Mon, Dec 19, 2022
Mumbai-based exporter and chairman of The Bombay Textile Research Association S K Saraf said exports are key drivers to promote the country's economic growth and the Budget should address issues being faced by the sector.
Sat, Dec 17, 2022
Minister of State for Electronics and IT Rajeev Chandrasekhar, in a written reply to a question from Rajya Sabha MP GVL Narasimha Rao, said IT units registered with STPI have exported software worth Rs 6,28,860.29 crore and SEZs Rs 5,30,350 crore in 2021-22.
Fri, Dec 16, 2022
Confidence in the market, why not in the central banks? Why the first half of the year 2023 will not be easy? Know from Anil Singhvi.
Wed, Dec 14, 2022
Finance minister Nirmala Sitharaman told Parliament that the government will work for the common man to further bring down inflation.
Tue, Dec 13, 2022
On Friday, the government announced selection of 67 entries with an investment potential of Rs 42,500 crore under the scheme. The proposed investments are expected to generate 70,000 job opportunities and add 26 million tonnes of speciality steel capacity in the country.
Addressing the G-20 development working group meeting here, Kant said data is a key aspect to help any country meet her developmental goals and added that India has benefitted from the same.
Mon, Dec 12, 2022
Addressing an event organised by SIAM (Society of Indian Automobile Manufactures), Union minister Nitin Gadkari said that the aviation sector is also facing problems due to the high cost of aviation fuel.
Wed, Dec 07, 2022
Russia, on which sanctions have been imposed by western countries due to its invasion of Ukraine, has shared a list of hundreds of items from sectors including pharmaceuticals, textiles, auto components, and chemicals.
Mon, Dec 05, 2022
The rate-setting Federal Open Market Committee meets on Dec. 13-14, the final meeting in a volatile year, which saw the central bank attempt to arrest a multi-decade rise in inflation with record interest rate hikes.
Sun, Dec 04, 2022
The 18 states covered in this note are Andhra Pradesh, Chhattisgarh, Gujarat, Haryana, Himachal, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand and Bengal.
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