Economy

The first two installments were released in April and May 2023. The transfer is part of the routine devolution from the Centre’s divisible pool of taxes.

As the power demand peaks in the country owing to heat waves, the government on Monday directed coal-based plants to run at full capacity till September 30, 2023.

After producing ethanol from sugarcane, India is now pushing for producing low-carbon fuel from grains and agri waste.

During the day, it tumbled 353.23 points or 0.55 per cent to 62,789.73. The NSE Nifty declined 91.85 points or 0.49 per cent to end at 18,634.55.

The collapse has endangered massive agricultural and drinking water supplies in Ukraine, with warning of a looming environmental disaster.

"One can expect directional trends only after the Federal Reserve's policy meeting scheduled next week," a research analyst at HDFC Securities said.

The growth was supported by sustained growth of new business in the face of positive demand trends.

The CII President talks to TNIE about issues related to economy, manufacturing, private investment and consumption.

Upward revisions come after NSO data showed economic growth at 7.2% in FY23 as against earlier estimate of 7%

Oil companies revise the price for both commercial and domestic LPG gas cylinders on the first day of each month.

Expands 6.1% in Q4; analysts say too early to celebrate as consumption yet to pick up.

You may not become an expert. You may not understand when is the right time to buy or sell your investment. If you learn to swim and drive, you will never forget. When you swim or drive, your body responds to do the right…

With no significant domestic events likely this week, the equity markets may take cue from global events – especially from the development in the US, where the debt ceiling crisis is still unfolding.

The yields on CDs have declined by around 15-20 basis points as banks have already started exchanging and depositing Rs 2000 notes.

As per the report, the revival in rural demand is being seen due to record kharif (last year) and rabi harvests.

The Indian unit of US drug maker Pfizer Inc has suspended sale and use of its life-saving antibiotic in India following technical issues in their manufacturing process.

The e-invoice system is for GST-registered taxpayers who have to upload all B2B and export invoices to the Invoice Registration Portal (IRP).

However, it raised the hope of Indian paddy growers to get better prices as the country is a significant player in the rice export market.

India has an estimated Coal Bed Methane Reserve of 2600 billion cubic metres, they say.

Shaktikanta Das said the RBI is optimistic and fairly confident over India's 6.5 per cent real GDP growth rate though other analysts have differing views.