Indian Economy

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 …

December 2022 marked the steepest fall in two years for India’s goods exports, with products worth $34.5 billion shipped out — 12.2% lower than a year ago. This was the second time in three months that shipments dropped year-on-year and top Commerce Ministry officials sought to calm nerves by citing …

Nano fertilizers produced by IFFCO and dairy products from Amul will be among the first few products that are expected to be exported by the first-ever National Export Cooperative Society that was approved by the Union Cabinet on January 11. The society’s registration will be complete in the next few …

Snaking its way up the steep Coonoor slopes, the engineering marvel that is the more than 125-year-old Nilgiri Mountain Railway (NMR) line has become one of the primary drivers of tourism in the picturesque hill district of Udhagamandalam. One of the oldest mountain railway lines in India and among the …

In line with this year’s WEF theme, “Cooperation in a Fragmented World”, India has reiterated its position as a resilient economy with a strong leadership providing stable policy to the global investors at the World Economic Forum (WEF) at Davos. India’s focus areas at WEF this year are investment opportunities, …

The last month of 2022 capped a year dominated by high inflation headlines on a seemingly amiable note. The average price rise faced by consumers during December slipped to its lowest since November 2021 at 5.7%. Data released on Monday show that wholesale inflation also fell to a 22-month-nadir of …

India’s industrial output bounced back to post 7.1% growth in November 2022, after shrinking 4.2% in October as per revised estimates. The jump was aided by a base effect as November 2021 had clocked just 1% growth, but also marked a 6% uptick in output levels over October 2022, when …

India’s net direct tax collections stood at ₹12.31 lakh crore as on Tuesday, accounting for almost 87% of the target for 2022-23 and reflecting a 19.6% growth over the year-earlier period, the Finance Ministry said on Wednesday, asserting that tax revenues continued to register ‘steady growth’. The growth rate for …

● The Union Cabinet approved an outlay of ₹2,600 crore to promote payments using RuPay cards and the Unified Payments Interface (UPI), said Union Minister Bhupendra Yadav on Wednesday. Banks will be provided this incentive money to promote such digital payments, an official press release said. ● The fund will be paid …