Strong connectivity is essential for building a developed India, Prime Minister Narendra Modi said on Friday while flagging off the world's longest river cruise 'MV Ganga Vilas' which will travel 3,200 km in 51 days to reach Dibrugarh via Bangladesh, sailing across 27 river systems. Modi via video conferencing also inaugurated a Tent City at [...]
The trade between India and China has touched an all-time high of USD 135.98 billion in 2022 while New Delhi's trade deficit with Beijing crossed for the first time a USD 100 billion mark despite frosty bilateral relations, according to data released by the Chinese customs on Friday. The total India-China trade for 2022 has [...]
The Centre and states are likely to budget for higher market borrowings to the tune of Rs 2.3 lakh crore next fiscal even though the Union budget may peg a lower-than-expected fiscal deficit for the Centre at 5.8 per cent of GDP, says a report. Icra Ratings anticipates higher redemptions will lead to gross market [...]
At a time when the world is faced with continued economic slowdown and social distress, the international community counts a lot on India's leadership of G-20, the Managing Director of the International Monetary Fund said Thursday. "India, which is the president of G-20 countries, remains among the countries that perform better than global average and [...]
Market benchmarks declined in early trade on Friday dragged down by index major Reliance Industries and IT counters along with continuous foreign fund outflows. The 30-share BSE Sensex declined 273.21 points to 59,684.82. The broader NSE Nifty slipped 69.75 points to 17,788.45. From the Sensex pack, HCL Technologies, Larsen & Toubro, Tech Mahindra, Reliance Industries, [...]
India's industrial production rose by 7.1 per cent in November 2022 after contracting in October, according to official data released on Thursday. The Index of Industrial Production (IIP) grew by 1 per cent in November 2021. As per the IIP data released by the National Statistical Office (NSO), the manufacturing sector's output grew by 6.1 [...]
Retail inflation declined to a one-year low of 5.72 per cent in December 2022, mainly due to softening prices of food items, according to official data released on Thursday. The Consumer Price Index (CPI) based retail inflation was at 5.88 per cent in November 2022 and 5.66 per cent in December 2021. As per the [...]
The current energy crisis is driving inflation, slowing economic growth and creating social turmoil, a new report said on Thursday while calling for new solutions that advance a sustainable and inclusive energy transition. The World Economic Forum (WEF) report, released days before its annual meeting in Davos, said the world is in the grip of [...]
The power sector has been supplied more coal than the committed quantity and all-possible measures are being taken to augment the production of dry fuel in the next season also, a top official said on Thursday. Speaking with reporters here, Coal Secretary Amrit Lal Meena said that the coal ministry has plans to supply more [...]
Food regulator FSSAI for the first time has come out with comprehensive standards for the identification of basmati rice as part of efforts to ensure fair trade practices and check adulteration. Basmati rice should have a natural fragrance characteristics of basmati rice and there should be no artificial colouring, polishing agents and artificial fragrances. These [...]
