Kolkata, Apr 3 (PTI) Engineering Exports Promotion Council on Sunday said shipments are expected to sustain the growth momentum in the current financial year despite challenges of cost pressure and emerging geopolitical tension due to the Russia-Ukraine crisis."Engineering goods exports topped USD 111 billion in FY'22 and are expected to sustain the growth momentum in [...]
Bhaderwah/Jammu, Apr 3 (PTI) Fruit growers of Jammu and Kahsmir's Doda district accused the horticulture department of having failed to provide them enough pesticides and information about disease forecast and other modern technologies, leading to loss of crops every season. Local authorities, however, said they have not received any such complaints, and assured prompt action [...]
New Delhi, Apr 3 (PTI) India's GDP is estimated to grow at 7.4 per cent in the financial year 2022-23 with rising prices triggered by the Russia-Ukraine conflict posing as the biggest challenge to the global economic recovery, Ficci's Economic Outlook Survey released on Sunday said. According to the survey, the Reserve Bank of India [...]
Colombo, Apr 3 (PTI) The Sri Lankan government on Sunday lifted the ban it had imposed on social media platforms such as WhatsApp, Twitter, Facebook and Instagram after declaring a nationwide public emergency and effecting a 36-hour curfew ahead of a planned anti-government rally over the worst economic crisis in the island nation. The services [...]
Mumbai, Apr 3 (PTI) The Reserve Bank is likely to maintain status quo on interest rates in its forthcoming monetary policy review but may change the stance in view of retail inflation piercing its upper tolerance limit, global uncertainties created by the ongoing Russia-Ukraine war, and the urgency to protect and boost growth, feel experts. [...]
New Delhi, Apr 3 (PTI) The prices of residential air conditioners may go up by around 5 per cent as the industry faces soaring input costs even though the makers are looking for double-digit growth this year with early onset of summer spurring demand. Buoyed by the the recent prediction by the India Meteorological Department [...]
New Delhi, Apr 3 (PTI) With the COVID worries fading, the banking sector is set to register robust growth in the current fiscal on the back of stable macroeconomic conditions and growth-oriented policies of the government, said Bank of Maharashtra (BoM) Managing Director AS Rajeev.The banking sector is at an inflection point with COVID-19 related-problems [...]
Petrol prices on Sunday were above Rs 100 a litre mark in all major cities across the country after its rates and that of diesel were hiked by 80 paise a litre each - the 11th increase in less than two weeks that took the total to a record Rs 8 per litre. Petrol in [...]
New Delhi, Apr 3 (PTI) The government is planning certain modifications in the PLI Scheme for speciality steel and has extended the last day to submit the applications by about a month till April 30, a senior government official has said.On July 22 last year, the Union Cabinet chaired by Prime Minister Narendra Modi had [...]
The Sri Lankan government on Sunday blocked social media platforms such as WhatsApp, Twitter, Facebook and Instagram after declaring a nationwide public emergency and imposing a 36-hour curfew ahead of a planned anti-government rally over the worst economic crisis in the island nation. The move is aimed at preventing masses from gathering in Colombo to [...]
