Page 2 of economy'

The Union Budget 2024-2025’s exemption of basic customs duties on nickel and other critical minerals marks a strategic move by…

September 4, 2024 13:00 IST

In addition under OMSS, the surplus rice from FCI stocks is currently being sold to bulk buyers through weekly e-auction at the base price of Rs 2800/quintal.

Five states seek to purchase rice from FCI’s surplus stock

This quantity of grain would be outside the quantity supplied for the public distribution system to states.

August 31, 2024 01:30 IST

The markets regulator has received thousands of suggestions from interested parties on the draft circular till August 20 -- the deadline for sending comments.

New F&O norms likely by October

No changes expected from Sebi’s draft circular.

August 23, 2024 02:32 IST

States’ capex declines a fifth in first quarter

The 18 states under review reported a 16% growth in their tax revenues in Q1FY25, reaching Rs 6.7 trillion, compared…

August 19, 2024 02:00 IST

Farm credit to state must be linked to output: Chand

Agri-credit concentrated in some states, being diverted

August 19, 2024 00:25 IST

How can Indian exporters optimise Basmati rice trading in key European and Middle Eastern markets?

“India’s Basmati rice exports, crucial to its agri-economy, rely on innovative strategies and new trade routes to overcome supply chain…

August 16, 2024 13:25 IST

Exports shrink 1.5% in July, trade deficit widens to $23.5 bn

Exports shrink 1.5% in July, trade deficit widens to $23.5 billion

Rise in crude imports sign of strong domestic consumption, says Govt

August 15, 2024 00:15 IST

Economists expect FY25 growth to be lower than 7%, on slower manufacturing

Vivek Kumar, economist, QuantEco Research expects GDP to grow at 6.8% in FY25, mainly due to lower gross-value-added (GVA) growth…

August 9, 2024 03:45 IST

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Households see inflation rising in next 3-12 months: RBI survey

Manufacturers’ profit margins seen deteriorated in Q1FY25.

August 9, 2024 01:00 IST

The book is written more like a story as it tracks the life of Jaime Rogozinski and how he got this idea and developed it.

Influencing the markets: How risky trading influenced by social media can be a major disruptive force

There were young people who were generally dissatisfied with the pace of their lives and wanted to do ‘something exciting’.

August 4, 2024 00:10 IST

kharif crops, crops, agriculture, economy

Kharif sowing keeps pace, area under key crops up

Due to adequate rainfall in the eastern regions in the last one week paddy sowing in Jharkhand, Chhattisgarh and Bihar,…

August 3, 2024 01:45 IST

Meanwhile, till July 26, at 81.1 million hectare (MH) or 74% of the normal sown area, the combined sown area of key crops – paddy, pulses, oilseeds and sugarcane – was up 2.2% on year.

Skewed rain distribution may hit yield of paddy, coarse cereals

For oilseeds & pulses, Aug-Sept rains to be crucial.

August 1, 2024 01:45 IST

Crude oil imports from Russia down 6.5% on month in July

The country imported a cumulative of 4.48 million barrels per day of crude oil in July, marginally down from 4.56…

August 1, 2024 01:10 IST

The Centre’s net tax revenues rose by a robust 26.8% on the year, while non-tax revenues surged by 80.7% aided by the large RBI dividend.

Fiscal deficit at modest 8.1% of annual target in Q1

Dip in capex, buoyancy in revenues.

August 1, 2024 01:00 IST

The Budget FY25 increased the LTCG on equities from 10% to 12.5%, and raised exemption threshold to Rs 1.2 lakh from Rs 1 lakh

Capital gain fastest-rising income, boosting Govt receipts: Somanathan

No plan to bring unfunded pension scheme back, but Govt will try to address core concerns of pensioners, says finance…

Updated: July 25, 2024 23:15 IST

Chip makers such as AMD are using GenAI to design chips specifically optimised for solar power inverters, improving efficiency and reducing reliance on fossil fuels.

Want efficient chip layout? AI algorithms can facilitate innovative design approaches

Chip optimisation: GenAI can create smaller, faster, and more energy-efficient chip layouts.

July 24, 2024 23:03 IST

The government has no intention to subdue the market, in fact, their response is encouraging.

No intent to subdue the capital market, but “normalisation” is due

A day after the Union Budget 2024-25 was tabled in Parliament proposing a slew of changes in the rates of…

July 24, 2024 20:55 IST

The survey moots for regular indicators of the dynamics of production and employment in MSMEs, citing them as essential, considering their potential for growth and job creation.

Revise base year of data series at the earliest

An extensive exercise for base revision of important economic statistics is being taken up at the Ministry of Statistics and…

July 23, 2024 03:15 IST

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UltraTech Cement Q2 results: PAT zooms 75% YoY to Rs 1,232 crore

Industry43 min ago

UltraTech Cement, the market leader in the cement industry, reported a 75% increase in net profit for the quarter ended September 30. This was driven by improved sales and lower energy costs. The company’s revenue for the quarter was Rs 19,371 crore, up 21.32% year on year. UltraTech’s target capacity addition for FY26 is 14.1 mtpa, and it plans to invest Rs 10,255 crore.

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