Month: May 2024

S&P raised India’s sovereign rating outlook to ‘positive’ from ‘stable’ on Wednesday, citing the country’s strong economic fundamentals. However it kept the rating itself at “BBB-” Economy news, Latest Economic … Read More

In actual terms, the fiscal deficit — or gap between expenditure and revenue — was ₹16.53 lakh crore, or 5.63% of the GDP, which grew 8.2% in 2023-24 Economy news, … Read More

The growth of these core sectors — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity — was 4.6% in April 2023 Economy news, Latest Economic News, … Read More

The country’s overall gold holding increased 27.46 metric tonnes in FY24 and it stands at 822 metric tonnes, as per official data Economy news, Latest Economic News, GDP, World Economy, … Read More

Growth in the January-March period was lower than the 8.6% expansion in the December quarter Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu

Finance Minister Nirmala Sitharaman said the Enforcement Directorate has investigated around 1,105 bank fraud cases, which resulted in the attachment of ₹64,920 crore worth of proceeds of crime. Economy news, … Read More

QDLP programme sees record fund launches in China as investors seek offshore assets amid market challenges Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu

Indians hold a record gold reserve of 24,000 tonnes, which is about 14% of the world’s holding, but they have pledged only around 5,300 tonnes; as of December 2023, the gold … Read More

Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu

UAE aims to expand trade scope with India under CEPA to boost bilateral trade volume, highlighting agri-commodities and minerals Economy news, Latest Economic News, GDP, World Economy, Indian Economy | … Read More