Category: Economy

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Posted in Economy

As recovery takes roots, January core sector growth hits 4-month peak of 7.8%

Growth in eight core infrastructure industries scaled a four-month peak of 7.8% on year in January, compared with 7% in the previous month and 4%…

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India February Heatwave: Record high temperatures in Feb may lead to more rate hikes from RBI, says India Ratings
Posted in Economy

India February Heatwave: Record high temperatures in Feb may lead to more rate hikes from RBI, says India Ratings

Mumbai: The record heat in February can lead to more rate hikes from RBI, a domestic rating agency said on Tuesday. The high temperatures will…

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cestat: E-filing of CESTAT appeals begins on trial basis
Posted in Economy

cestat: E-filing of CESTAT appeals begins on trial basis

Taxpayers can start e-filling of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) appeals and applications from today. The Central Board of Indirect Taxes and…

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Loans to home, vehicle and large firms drive credit growth
Posted in Economy

Loans to home, vehicle and large firms drive credit growth

Home loans, vehicle loans and loans to large industries together pushed up bank lending to double digit growth levels as loan growth rate doubled in…

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India expects its proposed FTA with EU to be a game changer: S Jaishankar
Posted in Economy

India expects its proposed FTA with EU to be a game changer: S Jaishankar

India expects its proposed free trade agreement (FTA) with the European Union (EU) to be a game changer and is looking forward to a mutually…

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Indian Economy: Growth projection of 7% for FY23 very realistic: CEA Anantha Nageswaran
Posted in Economy

Indian Economy: Growth projection of 7% for FY23 very realistic: CEA Anantha Nageswaran

India can achieve the 7 per cent GDP growth in current financial year as projected by the National Statistical Office (NSO), Chief Economic Advisor V…

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VA Nageswaran: Need to be prepared for tighter financial conditions globally: CEA VA Nageswaran on India's Q3 GDP
Posted in Economy

VA Nageswaran: Need to be prepared for tighter financial conditions globally: CEA VA Nageswaran on India’s Q3 GDP

Chief Economic Advisor VA Nageswaran today said that India should be prepared for for tighter financial conditions globally as monetary policy tightening may halt in…

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States borrow a record Rs 32,800 crore, cost jumps by 7 bps to 7.68 pc
Posted in Economy

States borrow a record Rs 32,800 crore, cost jumps by 7 bps to 7.68 pc

Despite near 60 per cent more supplies, the states continued to pay more for their market borrowing with the average bond pricing rising by 7…

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Onion prices will stay depressed till mid-March: Experts
Posted in Economy

Onion prices will stay depressed till mid-March: Experts

Onion prices will stay depressed till the arrival of the long shelf life rabi or winter crop in the markets in mid-March, experts said on…

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Employer compliance needs thorough reexamination, says report
Posted in Economy

Employer compliance needs thorough reexamination, says report

Employer compliance in the country needs a thorough reexamination as entrepreneurs cannot compete in the 21st century with the 19th and 20th-century regulatory environment, according…

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