Page 212 of ECONOMY

India’s manufacturing activities expand in Feb as output, new orders rise amid favourable demand: PMI

The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) was at 54.9 in February, up from 54.0 in…

March 2, 2022 12:50 IST

PM Modi bats for self-reliance in technology sector

Addressing a webinar on ‘Technology-enabled Development’, the prime minister said science and technology was not an isolated sector as it…

March 2, 2022 12:23 IST

Ukraine war may see import bills topping $600 billion this fiscal, pushing up inflation, CAD: Report

India’s merchandise trade with Russia was a bit higher at USD 8-11 billion during FY18-FY21 and stood at USD 9.44…

March 1, 2022 17:37 IST

FM Sitharaman says focus of Union budget was on providing stability post COVID pandemic

FM said the government was willing to increase spending on education and added that there should be mobilisation of resources.

Updated: February 28, 2022 19:03 IST

Retail inflation for industrial workers rises to 5.84 per cent in January

The index is compiled for 88 centres and All-India and is released on the last working day of succeeding month.

February 28, 2022 17:53 IST

IPR plays important role in strengthening growth, focus on development: FM Nirmala Sitharaman

Sitharaman was speaking at the ‘National Seminar on Adjudication of IPR Disputes in India’ here which was organised by the…

February 26, 2022 16:29 IST

Govt officials in huddle to assess Ukraine impact on economy

While there are no immediate fears of a supply disruption or trade routes being blocked, oil prices soaring to an…

February 24, 2022 21:16 IST

Economic recovery uneven, govt should continue support measures for affected sectors: Report

The Swiss brokerage UBS Securities India, citing their macro tour results, said the economy is on a recovery path with…

February 24, 2022 19:45 IST

"But the capital expenditure plan in the budget is higher in 2022-23. This has been done to fill in the void. In fact, capital expenditure by the states have also increased" Nageswaran said.

Indian economy poised for recovery, but high crude prices worrisome, says CEA Anantha Nageswaran

Regarding private sector investment scenario, he said it is yet to pick up due to the pandemic cloud which is…

February 24, 2022 17:25 IST

Goods exports may cross lofty $400-bn target in FY22: Piyush Goyal

To exceed $30 billion for 11th straight month in February

Updated: February 24, 2022 19:23 IST

India Ratings pegs FY22 GDP growth at 8.6 per cent on data revision

NSO is likely to peg the FY22 real gross domestic product growth at Rs 147.2 lakh crore.

February 23, 2022 15:37 IST

Making faceless assessments more efficient

Based on the recommendations of a 13-member task force set up by the Central Board of Direct Taxes CBDT in…

Updated: February 22, 2022 08:32 IST

No plan to ban blockchain use in non-crypto areas: Finance Secretary TV Somanathan

“The government has nothing against the blockchain technology. RBI digital currency itself will be based on a version of blockchain…

February 22, 2022 08:18 IST

Correcting inverted duty structure: GST Council likely to revisit plan to hike rate for textiles

At present, the rate on manmade fibre, yarn and fabrics is 18%, 12% and 5%, respectively

February 22, 2022 07:54 IST

Govt aims sustained recovery; infra spends will have multiplier effects, says FM Sitharaman

Speaking at a post-budget interaction with the industry in the financial capital of the country, Sitharaman said the budget has…

February 21, 2022 13:16 IST

And since inflation affects the poor the most, this has contributed substantially to exacerbating the horrifying unfairness and inequality that already existed in the country.”

My first lesson in macroeconomics

A central bank focused on the weaker sections of society would always err on the side of tightening monetary policy…

February 21, 2022 05:45 IST

PM Modi flags off 100 ‘kisan drones’, says growing drone sector to open infinite possibilities

In his speech, the prime minister said a new culture of drone start-ups is getting ready in India. Their numbers…

Updated: February 19, 2022 11:44 IST

India, UAE sign trade agreement to boost economic ties

The pact covers areas including goods, services, rules of origin, customs procedures, government procurement, intellectual property rights, and e-commerce.

February 18, 2022 21:21 IST

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Harsh Goenka slams DK Shivakumar over Kiran Mazumdar-Shaw’s Bengaluru infrastructure comments.

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Business tycoon Anand Mahindra shared a serene glimpse of Palakkad, Kerala, calling it “the perfect escape” from modern life’s chaos.

‘Not a tourist destination, nor…’: Anand Mahindra calls Kerala’s Palakkad village ‘the perfect escape’ from modern life

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Gold hovers near record high on safe-haven demand, US rate-cut bets

World News39 min ago

Gold prices edged higher on Tuesday to hover near all-time highs, as strong safe-haven demand and hopes of further interest rate cuts from the U.S. Federal Reserve boosted demand for the precious metal.FUNDAMENTALS* Spot gold was up 0.2% at $4,363.58 per ounce, as of 0106 GMT, having hit a record high of $4,381.21 on Monday.

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