The Gujarat Cooperative Milk Marketing Federation (GCMMF) that markets its products under the Amul brand, has hiked the prices of milk by Rs 3 per litre across all variants. GMCCF…
Category: Economy
‘Address to US Congress, dinner at White House’: Joe Biden invites PM Modi for state visit this summer
US President Joe Biden has reportedly invited Prime Minister Narendra Modi for a state visit in either June or July. The invitation has been accepted in principle and Indian and…
Australia to replace Queen Elizabeth’s image on its banknote
Australia will replace the portrait of Queen Elizabeth II from its A$5 currency note with a new design to reflect and honour the history of its Indigenous culture, the country’s…
Mukesh Ambani is back as the richest Asian; Adani’s fortunes take a hit after Hindenburg report
Gautam Adani has slipped in the world top billionaires ranking and is no longer the richest Asian. He has now slipped below his rival, Mukesh Ambani, who has again taken…
Budget 2023: Nirmala Sitharaman’s ‘middle-class bonanza Budget’ draws mixed reactions from political leaders
Finance Minister Nirmala Sitharaman delivered the Narendra Modi 2.0 government’s final complete Budget before the 2024 Lok Sabha elections. Following the adjournment of the Lok Sabha, or Lower House, of…
Budget 2023: FM Sitharaman announces import duty cut on raw materials for lab-grown diamonds
Lab-grown diamonds (LGD) are likely to become cheaper with the reduction of customs duty on LGD seeds to zero from 5 per cent in Budget 2023. Finance Minister Nirmala Sitharaman…
India likely to become a $7 trillion economy by 2030, says CEA Nageswaran
India is expected to become a $7 trillion economy by 2030, Chief Economic Advisor V Anantha Nageswaran predicted on Tuesday. He said the country’s GDP size is likely to be…
GST collection at nearly Rs 1.56 lakh crore in January, second highest ever
India saw its second highest ever Goods and Services Tax (GST) collection in January 2023 at nearly Rs 1.56 lakh crore, said Ministry of Finance on Tuesday a 24% increase…
Core sector growth at 3-month high of 7.45% in Dec
Production of eight infrastructure sectors rose at a three-month high of 7.4 per cent in December 2022 against 4.1 per cent in the same month of previous year on a…
Fiscal deficit for April-December period widens to Rs 9.9 lakh crore
The Centre on Tuesday said that the fiscal deficit touched 59.8 per cent of the full year Budget Estimate by the end of December, as per the data released by…