Economy

Kerala govt to blacklist banks refusing funds

September 22, 2023

Kerala govt to blacklist banks refusing funds

This is the first time the State government is being denied money by any bank.

July 05, 2023
SCO summit: India reiterates opposition to China's Belt and Road Initiative

A declaration issued at the end of an India-hosted virtual summit of the grouping said Russia, Pakistan, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan and Uzbekistan reaffirmed their support to the BRI.
June 12, 2023
Retail inflation dips to over 2-year low of 4.25 pc in May, RBI likely to hold rates steady in FY'24

This is the fourth straight month when retail inflation has declined and the third straight month of Consumer Price Index (CPI) based inflation remaining within the RBI's comfort zone of below 6 per cent.
June 01, 2023
India meets FY2023 fiscal deficit target of 6.4%

The federal government met targetted fiscal deficit of 6.4% of the gross domestic product, helped by higher tax revenue even as spending increased, as per a statement. The government will release the revised GDP estimate later in the day.
April 14, 2023
Over 50% concerned about job security amidst current layoff scenario: Report

According to a report by HR solutions provider Genius Consultants, 30 per cent of the respondents said that cost-cutting is the reason behind the layoffs, and 23 per cent blamed the mass economic downfall as being the reason.
April 06, 2023
RBI keeps repo rate unchanged at 6.5%

The Monetary Policy Committee (MPC) of the Reserve Bank met for three days on April 3, 5 and 6 to take into account various domestic and global factors before coming out with the first bi-monthly monetary policy for fiscal 2023-24.
March 01, 2023
This Brazilian state's green strategy a smart move to bolster economy, afforestation

PlanBio, a bioeconomic plan developed by the state of Para over two years, aims to incentivize environmental research, development and innovation.

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