World Bank Cuts Pakistan’s Growth Forecast to 4.3%
The World Bank has reduced Pakistan’s economic growth rate forecast for the current fiscal year to 4.3 per cent, down about 1 per cent from...
Category : ECONOMY
Services Exports Reached All-Time High of $250 Billion in FY22: Piyush Goyal
Commerce and Industry Minister Piyush Goyal said services exports touched an all-time high of $250 billion in 2021-22. The previous highest level was $213 billion...
India’s Retail Inflation Rises To 6.95% In March
India’s annual retail inflation surged to a 17-month high in March, while factory output contracted month-on-month in February, complicating the central bank’s policy choices. Data...
Coal India’s Capital Expenditure Grows 12% in FY’22
State-owned CIL on Tuesday said its capital expenditure registered a growth of 12 per cent to Rs 14,834 crore in FY’22. Coal India’s capital expenditure...
Rajnath Urges US Defence Majors to Join ‘Make in India’ & ‘Make for World’
Defence Minister Rajnath Singh on Sunday met with US aerospace and defence majors Boeing and Raytheon and encouraged them to take advantage of the policy...
RBI Revises Inflation & Growth Forecasts
Reserve Bank of India’s (RBI) six-member monetary policy committee (MPC) voted to keep the policy repo rate unchanged at 4 per cent and decided to...
RBI Real GDP Growth Projected at 7.2%
In the first monetary policy of the new financial year, the RBI has kept the repo rate, or the key lending rate, unchanged. “The Monetary...
Chennai Declared World’s Cheapest FDI Location For Electronics R&D
In a significant boost to the Tamil Nadu government’s push for new investments, Chennai was ranked as the world’s cheapest Foreign Direct Investment (FDI) location...
Services PMI Rises to 53.6 in March
India’s services activity improved in March, with the S&P Global India Services Purchasing Managers Index (PMI) increasing to a three-month high of 53.6 from 51.8...
Maritime Sector has Reached New Heights in Last 8 Years: PM Modi
On National Maritime Day, PM Narendra Modi highlighted the importance of the maritime sector in India’s economic growth in the last eight years. PM Modi...