Month: May 2023

For the 2022/23 fiscal year, economic growth was revised upwards to 7.2% from an earlier estimate of 7%.
Posted in Business

India’s GDP grew at 6.1% in Jan-March quarter: Govt data

India’s economy grew 6.1% in the January-March quarter from a year earlier, accelerating from 4.4% in the previous quarter, government data showed on Wednesday. The…

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The government will release the revised GDP estimate later in the day. (File)
Posted in Business

India’s FY23 fiscal deficit at $209.46 million, meets 6.4% target

India’s fiscal deficit for the financial year ended March 31 touched 17.3 trillion rupees ($209.46 billion), nearly 99% of the revised annual estimate, government data…

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India GDP: India's GDP grows 6.1% in Q4, FY23 growth pegged at 7.2%
Posted in Economy

India GDP: India’s GDP grows 6.1% in Q4, FY23 growth pegged at 7.2%

Beating analyst estimates, India’s gross domestic product (GDP) grew at 6.1 per cent in the last quarter of the previous fiscal. Further, the Centre now…

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Ukraine: Russia reports hits on oil refineries and town near Ukraine
Posted in Europe News

Ukraine: Russia reports hits on oil refineries and town near Ukraine

MOSCOW/KYIV: Moscow said Ukrainian artillery had hit a town inside Russia for a third time this week and reported drone strikes on two Russian oil…

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The Economic Times
Posted in Economy

Modi cabinet approves world’s largest grain storage plan with an investment of Rs 1 lakh crore – The Economic Times Video

The Union Cabinet on Wednesday approved a Rs 1 lakh crore programme to create the world’s largest grain storage capacity in the cooperative sector to…

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Core sector Data: India's infrastructure output slows to 6-month low of 3.5% in April
Posted in Economy

Core sector Data: India’s infrastructure output slows to 6-month low of 3.5% in April

The growth in eight core infrastructure industries further moderated to 3.5 per cent in April on an annual basis after hitting a five-month low of…

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Union Cabinet approves CITIIS 2.0, under the Smart Cities mission
Posted in Economy

Union Cabinet approves CITIIS 2.0, under the Smart Cities mission

The government on Wednesday approved the City Investments to Innovate, Integrate and Sustain (CITIIS) 2.0 that seeks to support projects promoting a circular economy with…

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Tata Consultancy Services (Abhijit Bharlekar/Mint file photo)
Posted in Business

TCS begins sending memos to employees not working from office: Report

Tata Consultancy Services (TCS) has been sending memos to staff who are not following the directive to work from office for at least 12 days…

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India fiscal deficit: India's FY23 fiscal deficit narrows to 6.4%, meets budgeted target
Posted in Economy

India fiscal deficit: India’s FY23 fiscal deficit narrows to 6.4%, meets budgeted target

India’s fiscal deficit of 6.4% for the last financial year ended Mar. 31 narrowed from a year earlier and also met New Delhi’s target, aided…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

softbank: Lack of late-stage opportunities led to SoftBank going slow on India investments: BofA Securities

Japanese conglomerate SoftBank has stayed away from making any new investments in India over the past year due lack of opportunities in the late-stage, according…

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