Tag: india

India's forex reserves hit all-time high of $704.89 billion, up $12.5 billion as of Sept 27
Posted in Economy

India’s forex reserves hit all-time high of $704.89 billion, up $12.5 billion as of Sept 27

Breaching the historic mark, India’s forex reserves hit all-time high of $704.89 billion, up $12.5 billion as of September 27, the Reserve Bank of India…

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Union finance minister Nirmala Sitharaman at the Kautilya Economic Conclave in New Delhi on Friday. (Photo from X)
Posted in Business

Indian era will emerge by 2047, country witnessing growth with equity: Nirmala Sitharaman

India’s growth story is more challenging compared to China that grew with relative ease in the early 2000s due to a favourable global trade and…

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Upcoming decades to be a 'defining era' for Indians to live in: FM
Posted in Economy

Upcoming decades to be a ‘defining era’ for Indians to live in: FM

Finance minister Nirmala Sitharaman on Friday said the coming decades will see the steepest rise in living standards for the common man, making it “a…

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Growfast
Posted in Economy

India aims to double edible oil output to trim reliance on imports

India on Thursday approved a 101 billion rupee ($1.2 billion) programme to double edible oil production in the country within seven years, aiming to reduce…

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India's Sept palm oil imports hit 6-month low on price rise, dealers say
Posted in Economy

India’s Sept palm oil imports hit 6-month low on price rise, dealers say

India‘s palm oil imports in September fell by nearly a third compared to the previous month, hitting a six-month low as a surge in tropical…

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China's weight in the MSCI Emerging Markets Index has decreased from nearly 40% in 2020 to 24.42% due to stricter market cap requirements. India is gaining ground, reflecting its strong economic performance and young workforce.
Posted in Business

India now has 19.9% weight in MSCI Emerging Market Index, close to China

India’s weightage in the MSCI Emerging Markets Index has reached 19.9 per cent, very close to China’s weightage which has dropped down to 24.42 per…

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A fireman douses a fire breaking out at a chemical godown of the electronics component factory of Tata Electronics Pvt Ltd, in Hosur, Tamil Nadu.(PTI)
Posted in Business

Apple to turn to China after Tata plant fire amid production worries?

Extensive damage from a fire at Tata Group’s Apple iPhone component plant in southern India could hamper production ahead of a festive season sales surge,…

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Fixing seemingly minor issues faced by farmers can raise their income by up to 20%: Shivraj Singh Chouhan
Posted in Economy

Fixing seemingly minor issues faced by farmers can raise their income by up to 20%: Shivraj Singh Chouhan

Union Agriculture Minister Shivraj Singh Chouhan on Tuesday said addressing seemingly minor issues faced by farmers could increase their income by up to 20 per…

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Growfast
Posted in Economy

core sector data: India’s core sector declines by 1.8% in August

India’s eight core sectors’ output growth declined to 1.8 per cent in August on annual basis as against 13.4 per cent in same month last…

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Growfast
Posted in Economy

current account deficit: India moves to current account deficit of $9.7 bn in Q1FY25 from surplus in previous quarter

India’s current account deficit (CAD) widened marginally to $9.7 billion (1.1 per cent of GDP) in Q1 FY2024-25 from $8.9 billion (1.0 per cent of…

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