The Rajasthan government and the doctors protesting over the Right to Health (RTH) Bill reached a consensus on Tuesday. The government agreed to keep private hospitals, that have not taken…
Category: Economy
Axis Bank CEO Amitabh Chaudhry says growth expectations must be tempered: Report
Axis Bank Chief Executive Officer Amitabh Chaudhry said that expectations for growth might be tempered a bit and that he would be watchful over consumer demand in the Indian economy.…
India’s GDP growth likely to moderate to 6.3% in FY24, says latest World Bank report
India’s GDP growth is expected to be resilient despite some moderation in the second half of the last fiscal, the World Bank said in its latest report on Tuesday. The…
Haj pilgrimage 2023: Govt to issue forex card, mandatory insurance to pilgrims this year
The government has made special arrangements to provide forex facilities and mandatory insurance to Haj pilgrims this year. The forex services will be provided by the State Bank of India…
Higher tax collections bode well for FY23 fiscal deficit
The central government is on course to come close to the fiscal deficit target of 6.4 per cent for the recently concluded fiscal year, finance ministry sources have told Business…
Manufacturing PMI hits 3-month high; increases to 56.4 in March from February’s 55.3
India’s manufacturing PMI increased from 55.3 in February to 56.4 in March, the strongest growth in three months, according to S&P Global India Manufacturing Purchasing Managers’ Index. The report said…
RBI MPC meeting: RBI likely to hike benchmark interest rate by 25 bps on April 6
The Reserve Bank of India (RBI) is expected to hike the benchmark interest rate by 25 basis points in the bi-monthly monetary policy to be announced on April 6 (Thursday),…
Govt extends export restrictions on petrol, diesel to ensure availability
In order to secure the availability of refined fuels for the domestic market, the government has increased restrictions on the export of diesel and petrol. This comes after the government’s…
GST collection in March grows 13% to Rs 1.60 lakh crore, second highest ever
The Goods and Services Tax (GST) collection in India grew 13 per cent to over Rs 1.60 lakh crore in the month of March, a statement issued by the Finance…
India, Malaysia can now trade in Indian rupee
India and Malaysia can now use the Indian rupee to settle trade in addition to other currencies, the Ministry of External Affairs (MEA) said on Saturday. The move follows the…