“No Less Than A Goldmine”: PM Modi On India’s Green Energy Potential
In a post-budget webinar on green energy, on February 23, Prime Minister Narendra Modi stated that the Union Budget 2023 will present a vast range
In a post-budget webinar on green energy, on February 23, Prime Minister Narendra Modi stated that the Union Budget 2023 will present a vast range
The Reserve Bank of India’s (RBI’s) Monetary Policy Committee made a series of announcements today, for the upcoming fiscal year starting April 1. Repo Rate
The Union Budget 2023-24 presented in the Parliament on February 1, by Finance Minister Nirmala Sitharaman, saw increased importance given to reducing the carbon intensity
Sticking to the broader growth strategy she unveiled for FY 2019-20, Finance Minister Nirmala Sitharaman revealed a two-pronged approach ensuring private sector incentives and maintenance
An Oxfam International study has revealed that the richest 1 percent of Indians owned more than 40.5 percent of the country’s wealth in 2021, while
According to the Centre for Monitoring Indian Economy (CMIE), India’s unemployment rate increased to a 16-month high of 8.3 percent in December, from a flat
According to a report by the World Bank, India is soon likely to experience severe heat waves that will exceed human survival limits, which spells
According to the World Bank’s latest ‘Migration and Development Brief‘, India will receive $100 billion in remittances, in 2022, the highest amount ever received by
During the July-September quarter, the Indian economy grew at 6.3 percent, down from 13.5 percent in the previous quarter, as distortions caused by the COVID
Although India has not been immune to the slowdown in global economic development, it is doing better when compared to other nations, as per the
On August 15, 2022, India will mark its 75th anniversary of independence. Over the past 75 years, it has had vital turning points and changes
A Bloomberg survey has indicated that India has a zero percent probability of slipping into a recession in the next year, in contrast to most
The dollar-to-rupee exchange rate has reached 80 for the first time, and is shortly anticipated to reach 81. The currency has been impacted by the
Rating and research firm CareEdge has released a report titled ‘India’s Bid to Reduce Imports and Become ‘Atma Nirbhar’, which highlights India’s significant reliance on
On July 4, oil prices rebounded despite concerns of tight supplies, leading to world stocks receiving a much-needed push during the US holiday weekend. The
The Consumer Price Index (CPI) data showed that the retail inflation in May was recorded at 7.04 percent, decreasing from 7.79 percent in April. After
The World Trade Organization is holding its 12th ministerial conference (WTO MC12) in Geneva, Switzerland, where the Indian delegation is led by Commerce and Industry
The secretary for economic affairs, Ajay Seth, has informed about the government’s progress in regulating the use of cryptocurrency in India. Seth stated, on Monday,
India banned wheat exports earlier this month after an unusual heatwave reduced grain output and caused local prices to reach a record high. According to
Two Indian government officials have told Reuters that India is currently considering spending an additional Rs 2 trillion ($26 billion) during the 2022-23 fiscal year,
On this day in 1960, the erstwhile state of Bombay was divided linguistically, resulting in the formation of two states, Gujarat and Maharashtra. After the
Emmanuel Macron’s re-election win as France’s president has not had a positive impact on the euro, as European share futures fell. The euro had initially
India’s growth forecast for the current fiscal year (2022-23) was lowered to 8 percent from the estimated 8.7 percent predicted in January by the World
Sri Lanka is currently witnessing its worst economic downturn since attaining independence in 1948. The island nation of 22 million is facing shortage of food,
In its upcoming policy review meeting this Friday, the central bank’s Monetary Policy Committee (MPC), according to analysts, is likely to maintain the status quo
India and Russia’s ongoing talks on setting up alternate payment methods for trade have taken a new direction. According to Bloomberg, the Russian government has
In response to the debate on the appropriation and finance bills in the Rajya Sabha on Tuesday, Finance Minister Nirmala Sitharaman said that the budget
A report published by the Wall Street Journal, on March 15, highlighted the ongoing talks between Saudi Arabia and China, to price some of the
The Russian government, on Monday, temporarily banned grain exports and most sugar exports to ex-Soviet countries. However, a senior minister said that it would continue
The ongoing Russian invasion of Ukraine has led corporations across auto, energy, aviation, big tech, finance, consulting and so on, to halt business in Russia
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