Category: Economy

ipef fta: IPEF will prove to be in many ways more economically impactful than FTA: US commerce secretary
Posted in Economy

ipef fta: IPEF will prove to be in many ways more economically impactful than FTA: US commerce secretary

US Commerce Secretary Gina Raimondo on Thursday expressed hope that the Indo-Pacific Economic Framework (IPEF) will prove to be more economically impactful than a free…

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rupee volatility: Need better rupee volatility management to deal with risks of internationalisation: RBI Deputy Governor
Posted in Economy

rupee volatility: Need better rupee volatility management to deal with risks of internationalisation: RBI Deputy Governor

India needs to gear up to manage the exchange rate volatility as the country progresses on the path of internationalisation of rupee and freer capital…

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itc: Axis Bank partners with ITC to offer rural lending products to farmers in remote region
Posted in Economy

itc: Axis Bank partners with ITC to offer rural lending products to farmers in remote region

Axis Bank on Thursday announced its partnership with ITC Limited to offer the bank’s lending products and services to farmers who are a part of…

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FEDAI should help in ensuring fair prices to small clients, streamlining procedures: RBI DG
Posted in Economy

FEDAI should help in ensuring fair prices to small clients, streamlining procedures: RBI DG

Foreign exchange dealers need to ensure fair pricing for smaller players like the MSMEs and the retail customers for foreign currency transactions. Banks should encourage…

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Unemployment: India's unemployment rate increases to 7.45% in February
Posted in Economy

Unemployment: India’s unemployment rate increases to 7.45% in February

Unemployment rate in India inched higher to 7.45% in February 2023 from 7.14% in January 2023, taking the total number of unemployed in the country…

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rabi crops: Inadequate rains: 15-30 pc of Rabi crops damaged in Himachal
Posted in Economy

rabi crops: Inadequate rains: 15-30 pc of Rabi crops damaged in Himachal

The prolonged dry spell in Himachal Pradesh has caused severe damage to the rabi crops and the maximum loss of Rs 2,857.78 lakh has been…

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Posted in Economy

Adani rout puts spotlight on billions flowing through Mauritius

The tiny island of Mauritius spent years trying to clean up its image as a base for murky money launderers and shell firms. The short-seller…

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GDP growth may print at about 4% in Q4, says new report
Posted in Economy

GDP growth may print at about 4% in Q4, says new report

Pencilling in just 4 % GDP growth for the fourth quarter, a rating agency report has said the final growth numbers for the full year…

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Nafed to begin onion procurement from 3 mandis in Gujarat from Thursday
Posted in Economy

Nafed to begin onion procurement from 3 mandis in Gujarat from Thursday

Cooperative Nafed will start procurement of kharif onion in Gujarat from Thursday from three mandis to provide relief to farmers, as prices have crashed in…

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India-Russia oil deal: India's oil deals with Russia dent decades-old dollar dominance
Posted in Economy

India-Russia oil deal: India’s oil deals with Russia dent decades-old dollar dominance

US-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as most deals with India – Russia’s top…

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