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Economy
2023 was a record year for wind installations as world ramps up clean energy
The global cumulative wind power capacity now totals 1,021 gigawatts.
Why is financial literacy falling short?
Financial literacy is not merely answering a few questions about interest rates, rates of return, or inflation. It can be estimated based on financial knowledge, financial behaviour, and financial attitude.
From 25k to 75k: Tracking India’s equity market in the past decade
The BSE Sensex has roughly added 50,000 points in just one decade and the broader NSE Nifty50 has sprinted from 7,400 to 22,500 levels.
Oil demand to rise by 0.2 mn bl/day
Annual traditional festivities are expected to support transportation activity and boost petrol, while the ongoing air travel recovery is expected to bolster jet or kerosene demand.
A golden week for India’s forex reserves
The rise in reserves has been led by the yellow metal, which has been on fire for many months now.
India’s economic performance good, efforts needed to sustain it: EAC-PM member Sanjeev Sanyal
"While we are very confident of our domestic growth momentum in our economy, there are certainly concerns about the external environments, which are not quite settled," Sanyal said.
Red-hot cocoa price melts profit at world’s top chocolate-maker
On Monday, New York cocoa futures hit a record high of nearly $10,500 per tonne, having soared 140 percent since the start of the year.
Global trade to recover this year; geopolitical tensions risk: A WTO forecast
The World Trade Organisation (WTO), however, lowered the trade growth projection for 2024 to 2.6 per cent.
Q1 sees highest quarterly equity raising on record at $14.8 billion
What is interesting is that the top 10 players have controlled 70 percent or $10.46 billion of the total $14.8 billion market in Q4.
Indo-Pacific economic framework for prosperity to organise clean economy investor forum in Singapore
IPEF provides a platform for countries in the region to collaborate on advancing resilient, sustainable, and inclusive economic growth, and aims to contribute to cooperation, stability
Pakistan’s delicate Eid bangles go from furnace to forearms
They are often sold by the dozen, starting at around 150 rupees (about 50 cents) and rising to 1,000 rupees as stones and silk are added.
Used peace clause to provide excess support to rice farmers: India to WTO
Under the Peace Clause, WTO members refrain from challenging any breach in the prescribed subsidy ceiling given by a developing nation at the dispute settlement forum of the Geneva-based organisation.
28 % GST on online gaming firms: SC transfers to itself pleas pending in HCs
Many online gaming companies including Gameskraft, Dream 11 and Games 24x7 also moved their respective appeals before the court challenging the GST imposition.
Centre aims 7-fold jump in wheat procurement from UP, Rajasthan, Bihar this yr
Wheat MSP has been fixed at Rs 2,275 per quintal for the current year.
India may adopt ‘model mustard farms’ to decrease oilseed import
The model farm initiatives started in 2020-21 in Rajasthan and it reached five states in 2023-24. India’s mustard seeds witnessed a remarkable increase in production to 11.35 MT in 2022-23.
Costly onion, tomato and potato make the thali dearer this year
The vegetable thali's price hike is attributed to a staggering surge in onion (40 per cent), tomato (36 per cent), and potato (22 per cent) prices compared to the previous year.
Not asked India to reduce Russian oil imports: US
But the US cannot permit an unrestricted Russian oil trade, officials said.
Just 57 companies linked to 80% of greenhouse gas emissions since 2016
This powerful cohort of state-controlled corporations and shareholder-owned multinationals are the leading drivers of the climate crisis, according to the Carbon Majors Database, which is compiled by world-renowned researchers.
GST revenue at Rs 1.78L cr in March, 2nd highest ever
The exceptional performance was primarily driven by a significant 17.6% increase in GST collection from domestic transactions.
AV Birla group to demerge Madura from retail unit
In a statement, the AV Birla group said the board of Aditya Birla Fashion has authorized the management to evaluate a vertical demerger of Madura Fashion from the former into a separate listed company.