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  • Economy

    Modi govt launches several infra projects to boost Goa’s connectivity

    by IN Bureau October 14, 2022
    by IN Bureau October 14, 2022

    As part of the ‘PM Gati Shakti’ – the mega infrastructure project aimed at boosting multimodal connectivity, several key projects for the development of Goa’s inland waterways and marine sector …

  • Economy

    Surge in gold seizures at Mumbai airport, smugglers resort to novel ways 

    by IN Bureau October 14, 2022
    by IN Bureau October 14, 2022

    An Indian national was arrested at Mumbai airport with 16 kg of gold worth Rs 8.40 crore that he was trying to smuggle into the country, Customs officials said. The …

  • Economy

    India will not lift export ban on foodgrains anytime soon to ensure food security at home

    by Mahua Venkatesh October 13, 2022
    by Mahua Venkatesh October 13, 2022

    The ban on foodgrain exports which include rice and wheat is set to continue for long as India looks to prioritise its domestic needs. Not just that. The government is …

  • Economy

    FM Sitharaman brainstorms preparations for G-20 with peers from Japan and South Korea

    by IN Bureau October 13, 2022
    by IN Bureau October 13, 2022

    Finance Minister Nirmala Sitharaman, who attended the 4th G20 meeting of finance ministers and central bank governors, highlighted that India’s economic revival journey has been marked by balancing the immediate …

  • Economy

    Hyderabad police bust Rs 900 crore online fraud through Chinese app, could run into thousands of crores 

    by IN Bureau October 13, 2022
    by IN Bureau October 13, 2022

    The Hyderabad police has busted a Rs 900 crore online Chinese investment fraud across India, China, Taiwan, Cambodia and UAE. As many as 10 people including a Chinese and a …

  • Economy

    Cabinet clears Rs 22,000 crores grant for oil firms to offset LPG losses

    by IN Bureau October 12, 2022
    by IN Bureau October 12, 2022

    The Union Cabinet, chaired by Prime Minister Narendra Modi, today decided to provide a one time grant amounting to Rs 22,000 crore to three Public Sector Undertaking Oil Marketing Companies …

  • Economy

    Information & Broadcasting Minister Anurag Thakur briefing the press about the Cabinet decisions in New Delhi on Wednesday

    by IN Bureau October 12, 2022
    by IN Bureau October 12, 2022

    The Union Cabinet today gave its approval for payment of Productivity Linked Bonus to railway employees for the financial year 2021-22, according to an official statement. Payment of PLB to …

  • Economy

    S&P says India’s strong growth, external balance sheet to neutralise global risks

    by IN Bureau October 12, 2022
    by IN Bureau October 12, 2022

    Global ratings agency S&P has said that India’s strong growth and external balance sheet are expected to neutralise the impact of a tough global environment. “We expect these strengths to …

  • Economy

    Are foreign investors packing their bags for India–the fastest growing major economy?

    by Mahua Venkatesh October 12, 2022
    by Mahua Venkatesh October 12, 2022

    Indian economic managers are unfazed by the revision of the country’s GDP growth projections. The International Monetary Fund (IMF) on Tuesday slashed India’s growth projection from the earlier 7.4 per …

  • Economy

    India to grow at around 7% this year despite headwinds: Sitharaman

    by IN Bureau October 12, 2022
    by IN Bureau October 12, 2022

    Finance Minister Nirmala Sitharaman has said that India is likely to register a growth rate of about 7 per cent this financial year. The International Monetary Fund (IMF) has reduced …

  • Economy

    Global investors bullish on India amid global turmoil

    by Mahua Venkatesh October 11, 2022
    by Mahua Venkatesh October 11, 2022

    Global investors are betting big on India despite rising challenges driven by geopolitical shifts notwithstanding the lowering of growth projections for the country by most agencies. Several business heads are …

  • Economy

    Govt investing Rs 2,361 crore to boost helicopter services in Srinagar & Jammu 

    by IN Bureau October 10, 2022
    by IN Bureau October 10, 2022

    Minister of Civil Aviation Jyotiraditya M. Scindia today said that a civil aviation enclave will be built in Jammu at a cost of Rs 861 crores and Srinagar’s present terminal …

  • Economy

    FM Sitharaman to hold a series of meetings in the US beginning tomorrow

    by IN Bureau October 10, 2022
    by IN Bureau October 10, 2022

    Finance Minister Nirmala Sitharaman will leave for the US to attend a series of events including the International Monetary Fund (IMF) and the World Bank, the G20 Finance Ministers and …

  • Economy

    More worries for Pakistan’s exporters as Finance Minister vows to prop up local currency

    by Mahua Venkatesh October 9, 2022
    by Mahua Venkatesh October 9, 2022

    Will ‘Daronomics’ as Pakistan’s Finance Minister Ishaq Dar’s policies are referred to, lead to a further dent on the country’s already battered exports sector? Dar, who assumed charge late last …

  • Economy

    Direct tax collection jumps 24% in current financial year

    by IN Bureau October 9, 2022
    by IN Bureau October 9, 2022

    The gross collection of direct taxes during April to October 8 of the current financial year, has risen by 23.8 per cent to touch Rs 8.98 lakh crore compared to …

  • Economy

    India free to buy oil from wherever necessary: Petroleum Minister Hardeep Puri

    by IN Bureau October 8, 2022
    by IN Bureau October 8, 2022

    India, one of the largest oil importers, remains confident that it will navigate through the situation which will arise following the recent announcement of a cut in oil production quotas …

  • Economy

    Another red flag goes up as Pakistan’s forex reserves dip below $8 billion mark

    by IN Bureau October 7, 2022
    by IN Bureau October 7, 2022

    Pakistan’s foreign exchange reserves have dipped below the psychological $8 billion mark to touch $7.8 billion during the week ended September 30. On September 23, the State Bank of Pakistan …

  • Economy

    Pakistan’s energy security on ventilator as exporters shun cash-strapped Islamabad

    by Mahua Venkatesh October 6, 2022
    by Mahua Venkatesh October 6, 2022

    Pakistan, battling a severe economic crisis, is now bracing for a harsh winter with the deepening energy shortage. Last month, Russian President Vladimir Putin said that Moscow was in a …

  • Economy

    Khadi sales zoom as festive season gathers steam

    by IN Bureau October 6, 2022
    by IN Bureau October 6, 2022

    The demand for khadi is continuing to increase. The Khadi India Showroom at Connaught Place in the heart of New Delhi recorded the highest single day sales of Rs 1.34 …

  • Economy

    World Bank praises India’s pro-poor digital cash tranfers during Covid , says initiative was ‘remarkable’

    by IN Bureau October 6, 2022
    by IN Bureau October 6, 2022

    World Bank president David Malpass has said that India’s support in the form of targeted transfer to the poor and needy during the Covid 19 pandemic crisis has been remarkable …

  • Economy

    With RBI’s aggressive gold buying, India now holds 9th largest yellow metal reserve

    by IN Bureau October 5, 2022
    by IN Bureau October 5, 2022

    Is the Reserve Bank of India slowing down its gold purchase? In August, RBI’s gold purchase was much lower after months of aggressive buying. Amid the global uncertainties, the RBI …

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