LiveFM Sitharaman, CEA Nageswaran to Attend IMF-World Bank Spring Meeting
FM Nirmala Sitharaman will attend the International Monetary Fund (IMF) and World Bank Spring Meeting, which begin on Monday in Washington DC. She will also...
Category : ECONOMY
FDI Expected to Reach $100 Billion in 2022-23, Says PHDCCI
According to the PHD Chamber of Commerce and Industry (PHDCCI), India is expected to attract $100 billion in foreign direct investment (FDI) in 2022-23 due...
Tax Hike Puts India on Track to Become a $5 Trillion Economy
India’s finance ministry said on Thursday that a focus on capital spending in its recently released budget for the current fiscal year would boost manufacturing...
World Bank Cuts Pakistan’s Growth Forecast to 4.3%
The World Bank has reduced Pakistan’s economic growth rate forecast for the current fiscal year to 4.3 per cent, down about 1 per cent from...
Services Exports Reached All-Time High of $250 Billion in FY22: Piyush Goyal
Commerce and Industry Minister Piyush Goyal said services exports touched an all-time high of $250 billion in 2021-22. The previous highest level was $213 billion...
India’s Retail Inflation Rises To 6.95% In March
India’s annual retail inflation surged to a 17-month high in March, while factory output contracted month-on-month in February, complicating the central bank’s policy choices. Data...
Coal India’s Capital Expenditure Grows 12% in FY’22
State-owned CIL on Tuesday said its capital expenditure registered a growth of 12 per cent to Rs 14,834 crore in FY’22. Coal India’s capital expenditure...
Rajnath Urges US Defence Majors to Join ‘Make in India’ & ‘Make for World’
Defence Minister Rajnath Singh on Sunday met with US aerospace and defence majors Boeing and Raytheon and encouraged them to take advantage of the policy...
RBI Revises Inflation & Growth Forecasts
Reserve Bank of India’s (RBI) six-member monetary policy committee (MPC) voted to keep the policy repo rate unchanged at 4 per cent and decided to...
RBI Real GDP Growth Projected at 7.2%
In the first monetary policy of the new financial year, the RBI has kept the repo rate, or the key lending rate, unchanged. “The Monetary...