Month: September 2024
Investment, factory jobs grow, wipe out Covid impact
India’s factory employment increased by 7.4% in 2022-23 from a year ago while emoluments per person rose 6.3%, the Annual Survey of Industries (ASI) released…
Fiscal deficit in 5 months hits 27% of FY25 target
The Centre’s fiscal deficit in the first five months of 2024-25 stood at 27% of the annual target – lower than 36% a year ago…
Core sectors’ output shrinks 1.8% in Aug on heavy showers
The output of eight core infrastructure industries shrank 1.8% in August from a year earlier, the first contraction in 42 months, compared with 6.1% expansion…
UK shuts down its last coal power station
LONDON: Britain was the birthplace of coal power, the first country to build a coal-fired power station. It is now the first major economy to…
Dumping probe begins into China CRNO steel imports
India has initiated an anti-dumping investigation into imports of Cold-Rolled Non-oriented Electrical Steel (CRNO) from China on complaints by South Korean and Taiwanese steel makers….
Urbanisation an opportunity to build modern cities: Amitabh Kant
India’s rapid urbanisation will see 500 million people moving into cities over the next four to five decades, the country’s G20 Sherpa Amitabh Kant said,…
Osho: British woman reveals harrowing childhood abuse in Osho’s ‘sex cult’
Prem Sangram opens up about her childhood experience in Osho’s ‘Ashrams’ A British woman spoke about the sexual abuse she has endured since the age…
Interest equalisation scheme for exporters extended for another 3 months; capped at Rs 50 lakh
The government has extended the interest equalisation scheme on pre- and post-shipment rupee export credit for three more months till December 31 to promote the…
Sebi board meet outcome: All decisions taken by market regulator explained
Sep 30, 2024 10:03 PM IST Sebi launched the Mutual Funds Lite framework for passive funds, easing regulatory requirements to attract more entities into the…
India’s external debt at $682 billion as of end June
India’s external debt rose to $ 682.3 billion as of June 2024, up 2 percent over March 2024 and 8.5 percent over June 2023, data…