Page 218 of ECONOMY

The trade deficit in March 2022 was USD 18.69 billion, while it was USD 192.41 billion during entire 2021-22. (File/Reuters)

India’s trade deficit rises 88% in FY22: Govt data

Non-petroleum exports grew by 74 per cent from USD 18.97 billion in March 2020.

April 4, 2022 18:33 IST

India’s manufacturing activities moderate in March; production, sales expand at slowest pace in six months

The seasonally-adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) was at 54.0 in March, down from 54.9 in February,…

April 4, 2022 11:39 IST

RBI, RBI turns 77, Reserve Bank of India

RBI turns 87: From comic books on financial literacy to monetary museum, a primer on what central bank does

Since the time RBI was established in 1935, initially as a private lender, it has evolved in many ways. It…

April 1, 2022 15:50 IST

‘Make in India’ & ‘Atmanirbhar Bharat’ seek to increase India’s self-sufficiency: US report

In its National Trade Estimate Report 2022 on foreign trade barriers, the US government agency responsible for promoting the American…

April 1, 2022 15:49 IST

Tax devolution to states 19% over FY22RE

Thanks to buoyancy in tax revenues, the Centre released 8.83 trillion in devolution to states for FY22, 19% more than…

April 1, 2022 08:23 IST

The Central government issued dated securities worth Rs 2.88 trillion in the December quarter, against Rs 2.84 trillion until end-September. (Representative image)

Centre’s liabilities inch up at slower pace in December quarter

The share of insurance companies and provident funds stood at 25.7% and 4.3%, respectively, while that of mutual funds was…

March 29, 2022 05:20 IST

Goyal said that the UAE is a door for tapping other markets from Europe and Africa. (File)

India, UAE should look at $250 billion trade by 2030, says Piyush Goyal

Exporters hailed the agreement stating that it would help in promoting exports from sectors like textiles, pharma, gem and jewellery…

March 28, 2022 23:00 IST

AB-PMJAY successfully contributed in curtailing out-of-pocket expenditure in country: Govt

Minister of State for Health Bharati Pravin Pawar said if these healthcare services were availed by the beneficiaries on their…

March 25, 2022 15:24 IST

Delhi ranks third in terms of per capita income behind Sikkim, Goa: Economic Survey

Delhi ranked third in terms of per capita income behind Sikkim and Goa, according to the Economic Survey of Delhi…

March 25, 2022 13:42 IST

India, UK conclude second round of talks for proposed free trade agreement

For this round of negotiations, a draft treaty text was shared and discussed across most chapters that will make up…

March 25, 2022 12:59 IST

House nod to final supplementary demands for grants for FY22

The government has received approval for an additional spending of 1.58 trillion, as Parliament has cleared the third batch of…

Updated: March 25, 2022 08:44 IST

Sunak had told parliament that his Spring Statement represented the biggest net cut to personal taxes in over 25 years. (Reuters)

‘Indefensible’: UK finance minister Rishi Sunak under fire over response to cost of living crisis

IFS director Paul Johnson said this would increase the wedge between taxes on earnings and those on pensions and unearned…

March 24, 2022 17:01 IST

Cautious spending: Expensive buys delayed as inflation weighs on budgets

Rising prices of essentials is a worry for 71% of consumers

March 24, 2022 09:23 IST

Looking further ahead, the OBR forecast gross domestic product would grow 1.8% in 2023 and 2.1% in 2024.

UK economy to grow more slowly in 2022, inflation to jump

The International Monetary Fund estimates British gross domestic product will grow by 4.7% in 2022, the fastest among Group of…

March 23, 2022 18:57 IST

Energy transition to create 3.2 million jobs by 2050, says Bhagwanth Khuba

The minister of state for new & renewable energy was speaking at a curtain raiser event for the third edition…

March 22, 2022 15:32 IST

India’s huge market, fast-growing economy presents opportunities for Irish companies: Conor Fahy, India at Enterprise Ireland

Bilateral trade between India and Ireland touched 5.5 billion euros in the past and now Ireland is keen on further…

March 21, 2022 19:50 IST

Indian economy better placed to deal with any challenge, says RBI governor

The governor further said banks at the system level are in better health now with the capital adequacy ratio at…

March 21, 2022 18:19 IST

‘Huge business opportunities exist for India and Austria to boost trade, investment’

The bilateral trade between the two countries has crossed USD one billion and “it shows what kind of potential we…

March 21, 2022 13:07 IST

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