Economy
- India
India’s net oil import bill drops 16% but import dependency hits new high
New Delhi: India’s crude oil import dropped 16 percent in the fiscal year ended March 31 as lower international rates but the dependency on overseas suppliers rose to a new high, official…
- World
Sri Lankan economy records 4.5% growth in fourth quarter of 2023: Central Bank
Colombo: After six successive quarters of negative growth, Sri Lanka’s bankrupt economy is estimated to have recorded a growth of 4.5 per cent year-on-year in the fourth quarter of 2023, the Central…
- News
PM Modi’s Kashmir visit: Rs 6,400 cr package to boost agri-economy, tourism in J&K
New Delhi: Prime Minister Narendra Modi will visit Srinagar on Thursday where he will unveil a Rs 6,400 crore package for boosting the agri-economy and tourism sector of Jammu and Kashmir, according…
- Business
‘Increasing women workforce key for India to become $7 trillion economy’
New Delhi: India’s goal to become a $7 trillion economy is only possible when participation of women in the workforce increases by 50 per cent, according to an expert on Monday. While…
- Business
India’s GDP grows at 8.4 pc in Q3; economy to expand at 7.6 pc in FY24: Govt data
New Delhi: India’s economic growth accelerated to 8.4 per cent in the third quarter of 2023-24, mainly due to good performance by the manufacturing, mining & quarrying and construction sectors. The Indian…
- Featured News
Does a legally binding MSP benefit farmers, agriculture, and the economy?
The ‘Delhi Chalo’ protests by farmers revolve around the primary demand for a legally binding Minimum Support Price (MSP) for all 23 major agriculture crops, with the added condition that the MSP…
- Business
DPIs like UPI, Aadhaar to propel India towards $8 trillion economy by 2030
New Delhi: Digital Public Infrastructure (DPIs) like Unified Payments Interface (UPI) and Aadhaar are poised to propel India towards a $8 trillion economy by 2030, helping the country achieve a $1 trillion…
- Business
US companies flashing key sign of economic uncertainty
New York: America’s publicly traded companies are flashing a key sign of economic uncertainty — they’ve been hoarding cash, a media report said. Americans have spent down their pandemic-era savings and then…
- India
India can become USD 5 trillion economy much before 2028: Puri
Davos: Union minister Hardeep Singh Puri on Tuesday asserted that India can become a five trillion dollar economy much before 2028 and said the country’s energy transition needs to be done in…
- World
Cutting off foreign students, temporary workers will hit Canadian economy: Report
Toronto: Closing doors to temporary workers and foreign students allowed into Canada would blunt the country’s economic recovery and deepen recession, a capital market company has warned. According to predictions by Montreal-based…
- Middle East
‘Headquarter-in-Saudi Arabia’ rule for firms comes into effect
Jeddah: The mandatory rule by Saudi Arabia for foreign firms that bid for government contracts to establish their regional headquarters in the Kingdom came into effect from Monday. The new regulation will…
- India
Hyderabad: India will remain lower middle economy by 2047, says Raghuram Rajan
Hyderabad: Former Reserve Bank Governor Raghuram Rajan said India will still remain a lower middle country if the potential growth rate remains at 6 per cent annually without any rise in population…
- World
New Zealand PM Christopher Luxon unveils ambitious 100-day plan
Auckland: Newly appointed Prime Minister Christopher Luxon has presented the Coalition Government’s comprehensive 100-day plan, signaling a commitment to transformative change and addressing the challenges faced by New Zealanders. Luxon, emphasizing the…