LiveGCIL Approves Investments Worth Rs 677 Cr for Transmission Projects
Power Grid Corporation (PGCIL) on Thursday said its board had approved investments worth Rs 677.59 crore for transmission projects. The ‘Committee of Directors on Investment...
Category : ECONOMY
India’s Services PMI Drops to 51.5 in January
India’s services sector Purchasing Managers’ Index (PMI) in January was recorded at 51.5, dropping from December’s 55.5 as new businesses grew at a slower rate...
Budget ‘People-Friendly, Progressive’, Will Give Wings to Ambitions of Youth: Modi
Hailing the 2022 Union Budget as “people-friendly” and “progressive”, Prime Minister Narendra Modi Tuesday said the Budget brings with it new energy and strength to...
Ministry of Cooperation Gets Rs 900 Crores in Budget 2022
The Union Budget has allotted Rs 900 Crores to the Ministry of Cooperation in the Budget 2022-23. The government has also given Rs 11 Crores...
FM Announces 35% Increase in Capex
FM Sitharaman announced a 35.4 per cent increase in capital expenditure (Capex) to Rs 7.50 lakh Crores for FY23 from Rs 5.54 lakh Crores in...
Budget Not Populist, Extremely Bullish on India: Rakesh Jhunjhunwala
Finance Minister Nirmala Sitharaman began her Budget speech by expressing empathy for those who suffered during the COVID-19 pandemic. The finance minister said that India’s...
Top Announcements in the Budget 2022
Union Finance Minister Nirmala Sitharaman presented the Union Budget 2022 in Parliament. These are the top announcements made by her in the Budget speech- 1)...
India’s Smartphone Market Logs $38 Billion Revenue in 2021
India’s smartphone shipments grew 11 per cent year-on-year to reach 169 million units, with market revenue crossing USD 38 billion in 2021, according to Counterpoint...
Finance Ministry Lets Two States Take Extra Rs 7,309 Crores
The finance ministry allowed two states i.e. Rajasthan and Andhra Pradesh to borrow additional Rs 7,309 Crores for launching specified power sector reforms. The states...
Centre To Boost Spending On Infrastructurein Budget 2022
India plans to raise spending on infrastructure in its annual budget next week to set the economy on a firmer footing. Still, fiscal constraints leave...