India’s merchandise trade deficit in December was largely flat at $23.76 billion compared with $23.89 billion in the previous month, according to a Reuters calculation based on export and import…
Category: Economy
88% of India’s ultra-wealthy individuals saw increase in wealth in 2022 despite global crises: Knight Frank’s Wealth Report
Nine out of 10 ultra-high-net-worth individuals in India multiplied their wealth in 2022 much faster than their global counterparts, despite the global cost-of-living crisis and other factors, according to a…
India’s December WPI inflation eases to 4.95%
India’s annual wholesale price-based inflation (WPI) eased in December to 4.95% year-on-year as against 5.85% in November, government data showed on Monday. The reading was lower than the Reuters forecast…
BT Banking & Economy summit: Indian exports will get hit hard if firms don’t comply to global green norms, warn finance veterans
Indian exports across the board will get hit badly if companies in the country don’t comply with green requirements to tap into green and sustainable financing as western nations start…
Dose of caution needed, credit growth may slow down, cautions Axis Bank’s head Amitabh Chaudhry
While the Indian economy is growing despite geopolitical concerns, there is a need to be cautious and be aware of the risks around, said Amitabh Chaudhry, MD & CEO of…
MV Ganga Vilas to cost Rs 12.59 lakh for 51-day trip; PM Modi flags off world’s longest river cruise
It would cost you over Rs 12.59 lakh for a 51-day trip to take the world’s longest river cruise MV Ganga Vilas from Varanasi to Dibrugarh. The ticket price per…
Taiwan’s PSMC might partner with India to help set up semiconductor fabs
In yet another boost to India’s dream of becoming a semiconductor nation, now PSMC (Powerchip Semiconductor Manufacturing Corp) is ready to help India in setting fabs. The Chairman of Taiwan’s…
Retail inflation eases to 5.72% in Dec; Nov IIP growth rebounds to 7.1%
India’s headline retail inflation marginally eased to 12-month low of 5.72 per cent in December 2022 from 5.88 per cent in November, showed government data on Thursday. The latest inflation…
Requested US to expedite issuance of business visas to Indians: Piyush Goyal
Union Minister of Commerce and Industry Piyush Goyal said India has requested the United States to expedite the issuance of business visas so people can take short trips to pursue…
MV Ganga Vilas, Varanasi Tent City: All about the projects PM Modi will inaugurate on Jan 13
Prime Minister Narendra Modi is scheduled to flag off the world’s longest river cruise, MV Ganga Vilas, inaugurate Tent City at Varanasi and lay foundation stones for several other inland…