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Economy
The Silent Wealth Builder: How FDs Harness Compound Interest
Pune: Fixed deposits (FDs) are a popular investment choice in India, offering a combination of predictability, stability, and security. But one of the most overlooked benefits of FDs is their ability to harness compound interest.…
India’s gas consumption to grow 6-7% YoY, says ICRA report
Globally, the liquefied natural gas (LNG) prices moderated in CY2023 after reaching all-time highs in CY2022, influenced by changes in demand patterns across key consuming nations.
Finance ministry defends Q1 GDP numbers amid concerns over data credibility
On the issue of the discrepancy between income Vs expenditure approach, Ministry stated that real GDP growth for Q1 FY24 stood at 7.8% YoY, based on the income or production approach.
Indian Presidency at G20 lays foundation for global crypto policy: Finance Minister
She affirmed that the G20 will continue discussions on policy issues related to the common framework and periodically provide appropriate recommendations.
Nifty Realty jumps 45% in 6 months despite high interest rate concerns
Experts say as strong-listed players continue to increase their market share with strong order book and their debt levels coming down significantly, they are being cheered at Dalal Street.
High tomato prices make household thalis costlier; relief expected in September
The rising costs affected both vegetarian and non-vegetarian thalis, with the former experiencing a 24% rise and the latter seeing a 13% increase year-on-year.
Veg thali costs go up 24 pc in August riding higher tomato prices
MUMBAI: Higher tomato prices pushed up the cost of vegetarian thali by 24 per cent in August compared to the year-ago period, according to a report.
The cost, however, eased marginally when compared to July, Crisil Market Intelligence…
India’s imports of Russian oil fall to seven-month low in August
Indian refiners also cut imports from Iraq, another top supplier, to 866,000 barrels per day from 891,000 bpd.
Analysts temper optimism on strong Q1 GDP numbers
While India’s GDP growth for the Apr-Jun quarter came in above expectations, several factors are keeping the outlook cautious for the world’s fifth largest economy.
Moody’s raises India’s growth forecast to 6.7 per cent for 2023
Moody's said strong services expansion and capital expenditures have propelled India's 7.8 per cent real GDP growth in the second (April-June) quarter from a year ago.