Page 7 of economy'

Recession clouds gather in Germany, Europe’s largest economy

“High energy and commodity prices are weighing on demand and putting pressure on profit margins,” said Carsten Brzeski, chief eurozone…

September 26, 2022 17:20 IST

Finance Ministry to seek cap on food subsidy

The finance ministry’s move comes at a time when the expenditure on food subsidy this year is to set to…

September 26, 2022 06:15 IST

Retail prices of rice to remain under control: Government

During April-August period of this fiscal, 9.35 million tonnes of rice have already been exported.

September 23, 2022 19:40 IST

Erratic monsoon damaging crops: Experts say no impact likely on food security but farmers bearing brunt

According to the advanced estimates released by the Union Agriculture Ministry on Wednesday, the Kharif rice output is likely to…

Updated: September 23, 2022 11:17 IST

Sugar, sugar industry, sugar industry news, sugar export, MSP, ethanol, sugarcane, sugarcane prices, ethanol rate

Govt assures sugar industry of examining demand related to export, MSP, ethanol rate

In May, the government had imposed restrictions on export of sugar beyond 10 million tonnes, but later allowed another 1.2…

Updated: September 21, 2022 21:11 IST

ADB cuts India’s GDP forecast for FY23 to 7pc on elevated inflation, monetary tightening

“Inflation has turned out to be more persistent than expected, and led to a sharp tightening in monetary policy,” it…

September 21, 2022 17:22 IST

High inflation in sight, Fed to signal more rate hikes ahead

The central bank is expected to raise its key short-term rate by a substantial three-quarters of a point for the…

Updated: September 21, 2022 11:27 IST

Rice exports may decline by a quarter in FY23

Of 17 mt of non-basmati rice exports last fiscal, broken rice had a share of 20%.

September 21, 2022 01:30 IST

Centre to exceed 7.5 trillion capex target for FY23

The stance of the government is important given the tepid recovery of private investments.

September 21, 2022 01:10 IST

Retail inflation for farm, rural workers rise in August

In July, retail inflation for farm and rural workers stood at 6.60 per cent and 6.82 per cent respectively, a…

September 20, 2022 18:54 IST

Signing India-UK free trade pact will be best way to celebrate Diwali: British High Commissioner

Elaborating on the potential benefits emanating from India from the FTA with the UK, he said it is expected to…

September 20, 2022 16:09 IST

India to grow at over 7 per cent in FY23, says CEA V Anantha Nageswaran

“India’s own growth rates have come off the projections made in January down to about 7-plus per cent for the…

September 20, 2022 15:50 IST

FM Nirmala Sitharaman nudges fintech players to have more engagement with govt

Sitharaman was replying to a question by Kris Gopalakrishnan, Chairman, Global Fintech Fest (GFF) 2022 Advisory Board, who wanted to…

September 20, 2022 15:06 IST

Consumers feel price pinch amid positive economic outlook: EY Future Consumer Index

According to findings of the survey, 69% of Indian consumers consider rising costs a concern, but reaffirm their belief in…

September 20, 2022 02:00 IST

Government considers stock-holding limit for wheat

In 2021-22, India had exported 7 mt of wheat. Earlier this month, the government banned exports of wheat flour, maida…

September 20, 2022 00:40 IST

Current account deficit seen hitting a 36-quarter high at 3.4 pc in April-June

The International Monetary Fund in July slashed the forecast for global GDP growth to 3.2 per cent in 2022 from…

September 19, 2022 17:34 IST

Enough wheat stock in India; Govt to take action against hoarders if needed: Food Secretary

Addressing the 82nd AGM of Roller Flour Millers Federation of India, Food Secretary Sudhanshu Pandey said there is no problem…

September 19, 2022 14:50 IST

Committee on MSP to hold 2nd meeting on September 27 in Hyderabad

The panel has 26 members including the chairman, while three membership slots are kept aside for representatives of Samyukta Kisan…

September 18, 2022 20:33 IST

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Uttarakhand govt raises DA by 3% for employees, pensioners ahead of Diwali

India News3 hr ago

Uttarakhand CM Pushkar Singh Dhami has approved a 3% increase in DA for employees and pensioners of local bodies and state government PSUs, effective from July 1. The hike will be paid with the October salary. This follows UP government’s announcement of a similar 3% hike as a Diwali gift for its employees and pensioners, benefiting around 28.5 lakh people.

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