Indian Economy

In the week ahead, Finance Minister Nirmala Sitharaman will present her fifth and this government’s last full-fledged Budget before the Lok Sabha election in 2024. Although some electoral overtures can be made in an interim Budget next year, the Bharatiya Janata Party-led government will also be mindful of the flurry …

The Tamil Nadu government has sanctioned ₹7.5 crore in equity investments to five start-ups that were founded and managed by entrepreneurs of the Scheduled Castes and the Scheduled Tribes. Chief Minister M.K.Stalin handed over the sanction orders on Friday in the presence of Minister for Finance and Human Resources Management …

The fact that the multipolar international system is fast unfolding is reinforced by clear trends in polycentric global geoeconomics. There is significant trade within the Global South; currency swap agreements; trade in national currencies bypassing the dollar; steps towards trading oil and gas in national currencies; the promotion of such …

Today is National Tourism Day (January 25) and the Ministry of Railways, in partnership with the Ministry of Tourism, is launching its Jagannath Yatra train package, an eight-day tour that begins in from Delhi, traverses Kashi, Baidyanath Dham, Jagannath Puri, Bhubaneshwar and Konark, and ends at the Vishnupad temple in …

Sustainable fashion has found its supporters in Tamil Nadu as well. A variety of leather products made with sustainable technology will be displayed at the Indian Finished Leather Manufacturers and Exporters Association (IFLMEA) on February 1. International participants from 15 countries will also take part. R. Vijayan, Chairman, IFLMEA, speaking …

E-commerce major Amazon on Monday launched Amazon Air, a dedicated air cargo service to enable faster deliveries to customers in Delhi, Mumbai, Bengaluru and Hyderabad. Quikjet Cargo Airlines, with whom it has partnered, will operate two Boeing 737-800 aircraft to transport customer shipments to the four cities, VP-Customer Fulfilment (APAC, …

India’s foreign trade data for the first eight months of 2022-23 have been significantly revised, with the import bill being scaled up or down by at least two billion dollars in each of those months, in comparison to the preliminary estimates issued by the Union Commerce Ministry. The total merchandise …

On January 20, foodtech delivery platform Swiggy announced that it was laying off 380 employees due to challenging macroeconomic conditions. In this article dated September 30, 2021, Sowmiya Ashok explains how the Indian public need to be more informed about the plight of gig workers, taking a leaf out of …

Tamil Nadu had an outstanding liability of about ₹4.73 lakh crore at the end of March 2022 on funds raised through the issue of bonds. About 32.4%, or about ₹1.53 lakh crore, of the outstanding amounts are coming up for repayment by 2026-27. To bridge the gap between its income …

The All-India Consumer Price Index Number for Agricultural Labourers (Base: 1986-87=100) for the month of December, 2022 remained stationary at 1167 (One thousand one hundred and sixty seven) points and for Rural Labourers increased by 1 point to stand at 1179 (One thousand one hundred and seventy nine) points. The …