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Economy
Slow consumption growth, fading price increases pull down FMCG stocks
In the first two months of calendar year 2024, shares of top FMCG firms have fallen 4-19% while the sectoral index – Nifty FMCG – is down by about 6%.
Early-stage start-ups witness uptick in fundraising
According to data sourced from Tracxn, early-stage start-ups raised $260.4 million in January in 26 rounds.
Adani inaugurates Rs 3,000 crore ammunition facility in Kanpur
The facility has started rolling out small calibre ammunition, starting with 150 million rounds estimated at 25% of India’s annual requirement.
Latest consumption data may lead to revision of Consumer Price Index
Currently, the weight of food and beverages in the Consumer Price Index is 54% for rural areas and 36% for urban areas.
MoSPI says 431 infra projects hit by cost overrun of Rs 4.80 lakh crore in January, 2024
The Ministry of Statistics and Programme Implementation (MoSPI) said that 780 projects were delayed.
WTO Meet: India seeks permanent solution to food security
NEW DELHI: India will strongly oppose a China-led proposal for an investment facilitation pact besides pressing for finding a permanent solution to public stock holding of grains for food security and protection of the interests of…
India to take up carbon tax issue with WTO: Goyal
"We have plans but cannot disclose. We are right on top of such issues,” Goyal said at Raisina Dialogue 2024.
India greenlights limited onion exports to four nations
Consumer Affairs Secretary Rohit Kumar Singh said the decision has been taken following a recommendation from the external affairs ministry.
Liquidity deficit tightening financial conditions: CRISIL
According to a report from CRISIL, the deficit in domestic systemic liquidity almost doubled in January compared with December. This has led to a net infusion of Rs 2. 07 lakh crore into the system, which is one per cent of net demand and…
German insolvencies keep rising amid weak economy
Berlin: The number of insolvencies in Germany rose 26.2 per cent year-on-year in January amid a weak economy, preliminary figures published by the Federal Statistical Office (Destatis) show on Friday.
Double-digit year-on-year growth…
Sensex tanks 523 points on profit-taking in banking, metal shares
The broader NSE Nifty also closed 166.45 points or 0.76 per cent lower at 21,616.05 with 34 of its constituents ending in the red.
Launch of UPI services in Sri Lanka, Mauritius symbol of Global South cooperation: PM Modi
Nations that are regarded as having a relatively low level of economic and industrial development are referred to as the Global South.
Tamil Nadu: Farmers list out demands for politicos ahead of election
Being one of the largest cultivators, over 4 lakh tonnes of paddy is produced in Ramanathapuram on an average every year.
Duty concession on gold will be major concern for India under proposed FTA with Peru: Economic think…
In 2023, India's global imports of unwrought gold are estimated at USD 43 billion, with Switzerland accounting for 40 per cent of these imports.
NSE reports 8% increase in net profit to Rs 1,975 crore
The exchange’s consolidated income from operations stood at Rs 3,517 crore for the quarter, a surge of 25% year-on-year, NSE said in a statement.
Chhattisgarh budget aims to put economy on high road
Chhattisgarh's budget is a comprehensive roadmap for doubling GDP while ensuring inclusive and sustainable economic growth.
RINL earns prestigious CARES UK certification for high-quality re-bars
This will open the market for RINL to European Union, Hong Kong, Myanmar, Singapore and other South and East Asian countries.
Pakistan Stock Exchange plunges 1,700 points amid election result uncertainty
A top financial analyst said that the KSE-100 index has plummeted because investors were looking to sell instead of buying due to the uncertain situation created after the elections.
NDA govt successfully overcame challenges left by UPA
The white paper tabled by Finance Minister Nirmala Sitharaman claims the UPA government had "failed miserably" to facilitate economic activities and "created hurdles" that held back the economy.
Parliamentary panel recommends reduction in GST on insurance products
The committee chaired by Jayant Sinha, in its report tabled in Parliament on Tuesday, said they are of the view that the high rate of GST results in a high premium burden, which acts as a deterrent to getting insurance policies.