LiveIndia’s Wheat Exports Hit 7 Million Tonnes Despite Ban
The United Nations Food Agency said the exception to India’s wheat export ban is expected to support the 2022/23 export forecast of 7 million tonnes,...
Category : ECONOMY
RBI Allows Linking Credit Cards with UPI Platforms, Starting with RuPay
On Wednesday, the Reserve Bank of India allowed credit cards to be linked to the Unified Payments Interface (UPI), which will enable more people to...
RBI Proposes to Increase Subsidy Amount, Simplify Claims Process Under PIDF Scheme
On June 8, The Reserve Bank of India (RBI) proposed to increase the subsidy amount and simplify the claims process under the Payments Infrastructure Development...
World Bank Cuts India’s FY23 GDP Forecast to 7.5%
On Tuesday, The World Bank downgraded India’s real GDP growth forecast for the fiscal year 2022-23 (FY23) to 7.5% from 8% amid inflationary pressures, supply...
RBI Raised Retail Inflation Forecast for FY23 by 6.7%
On Wednesday, RBI Governor Shaktikanta Das said that Inflation in India is likely to hover around 6.7% this fiscal year, up from 5.7% previously. The...
FM Sitharaman Launches Single Nodal Agency Dashboard on Tuesday
Finance Minister Nirmala Sitharaman will launch a single-nodal agency (SNA) dashboard on Tuesday that will provide ministries/departments with a platform to monitor the flow of...
FTA Negotiations with EU to Begin on June 17: Piyush Goyal
On Monday, Union Commerce and Industry Minister Piyush Goyal said that negotiations on a free trade agreement (FTA) with the European Union would begin on...
GST Collection in May Drops 16% to Rs 141K Crore
Goods and services tax (GST) collections fell to Rs 141 crore in May, down 16% from a record high of Rs 1.68 lakh crore set...
Government To Release 2021-22 GDP Figures Wednesday
The government will release Gross Domestic Product (GDP) growth figures for the full financial year for the 2021-22 quarter and tomorrow, 31 May 2022. Amid...
FTA Between India and UK to Get Ready by Diwali, Says Piyush Goyal
In terms of progress between the two negotiating groups, Diwali may be ready for a free trade agreement (FTA) between India and the UK, Commerce...