https://www.business-standard.com/economy/news/govt-project-announcements-capex-at-new-low-completion-rates-slow-124010100816_1.html Clipped from: https://www.business-standard.com/economy/news/govt-project-announcements-capex-at-new-low-completion-rates-slow-124010100816_1.html It was at Rs 26,987 crore in the three months ended December, according to data from project tracker Centre for Monitoring Indian
Category: Economy
India may see lower savings from Russian oil in 2024 as discounts dip
https://www.business-standard.com/economy/news/india-may-see-lower-savings-from-russian-oil-in-2024-as-discounts-dip-124010100388_1.html Clipped from: https://www.business-standard.com/economy/news/india-may-see-lower-savings-from-russian-oil-in-2024-as-discounts-dip-124010100388_1.html Russian imports accounted for 39% of India’s overall crude imports last year from 16% in 2022 Photo: Bloomberg Listen to This Article
👌Commerce Ministry seeks exporters’ inputs on reducing compliance burden – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/commerce-ministry-seeks-exporters-inputs-on-reducing-compliance-burden/article67695474.ece Clipped from: https://www.thehindubusinessline.com/economy/commerce-ministry-seeks-exporters-inputs-on-reducing-compliance-burden/article67695474.ece Policies and procedures to be modified based on feedback to improve business environment The Commerce and Industry Ministry has asked export promotion
👌With 152 million domestic passengers, 2023 air traffic beats pre-Covid record – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/logistics/with-152-million-domestic-passengers-2023-air-traffic-beats-pre-covid-record/article67695513.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/with-152-million-domestic-passengers-2023-air-traffic-beats-pre-covid-record/article67695513.ece “It’s a historic achievement,” says civil aviation minister Jyotiraditya Scindia Domestic airlines flew 152 million passengers in 2023, surpassing the pre-Covid high
India on the verge of corporate capex cycle pick-up – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/current-account/india-on-the-verge-of-corporate-capex-cycle-pick-up/article67683177.ece lipped from: https://www.thehindubusinessline.com/specials/current-account/india-on-the-verge-of-corporate-capex-cycle-pick-up/article67683177.ece The New Year symbolises new beginnings, bringing with it a fresh burst of energy and the promise of better, prosperous times It
👌India’s economy poised to do well in 2024 – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/indias-economy-poised-to-do-well-in-2024/article67692421.ece Clipped from: https://www.thehindubusinessline.com/opinion/indias-economy-poised-to-do-well-in-2024/article67692421.ece The country’s macros are in good shape India is placed on a comfortable perch as it enters the New Year. Its economy
👌Maintaining the momentum
https://www.business-standard.com/opinion/editorial/maintaining-the-momentum-123123100709_1.html Clipped from: https://www.business-standard.com/opinion/editorial/maintaining-the-momentum-123123100709_1.html Several drivers will support growth The year 2023 ended with better economic outcomes than initially anticipated. High inflation in advanced economies, particularly
Central theme of ’24: Fight with inflation for growth
https://www.business-standard.com/opinion/columns/central-theme-of-24-fight-with-inflation-for-growth-123123100628_1.html Clipped from: https://www.business-standard.com/opinion/columns/central-theme-of-24-fight-with-inflation-for-growth-123123100628_1.html A rate cut will happen this year. When? It will depend on the growth-inflation dynamics as well as the US Fed action
Ahead of 2024 elections, India looks to conclude three free trade pacts, including with UK – BusinessToday
https://www.businesstoday.in/latest/economy/story/ahead-of-2024-elections-india-looks-to-conclude-three-free-trade-pacts-including-with-uk-411316-2023-12-29 Clipped from: https://www.businesstoday.in/latest/economy/story/ahead-of-2024-elections-india-looks-to-conclude-three-free-trade-pacts-including-with-uk-411316-2023-12-29 According to sources, negotiations are at an advanced stage for three free trade agreements, including the India-Oman Comprehensive Economic Partnership Agreement, the
Lower nominal GDP growth may lead to fiscal deficit target being breached: Experts – BusinessToday
https://www.businesstoday.in/latest/economy/story/lower-nominal-gdp-growth-may-lead-to-fiscal-deficit-target-being-breached-experts-411324-2023-12-29 Clipped from: https://www.businesstoday.in/latest/economy/story/lower-nominal-gdp-growth-may-lead-to-fiscal-deficit-target-being-breached-experts-411324-2023-12-29 FY24 fiscal deficit likely to come in at 6% versus target of 5.9% Lower nominal GDP growth may lead to fiscal deficit
Giving consumption a boost – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/giving-consumption-a-boost/3351095/ Clipped from: https://www.financialexpress.com/opinion/giving-consumption-a-boost/3351095/ There is a case for lowering the tax incidence against the backdrop of the positive economic environment prevailing at the moment. (image:
Fewer worries on external account next year – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/fewer-worries-on-external-account-next-year/article67687519.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/fewer-worries-on-external-account-next-year/article67687519.ece A fall in merchandise trade deficit as well as strong services exports have kept the current account deficit in check India’s external
Fiscal deficit down, Core sector growth soars in Apr-Nov – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/fiscal-deficit-down-core-sector-growth-soars-in-apr-nov/article67687546.ece Clipped from: https://www.thehindubusinessline.com/economy/fiscal-deficit-down-core-sector-growth-soars-in-apr-nov/article67687546.ece Centre’s CAPEX Push Continues, Spend up 31% at ₹ 5.86 lakh crore in April-November 2023 As the year 2023 draws to a
Fiscal deficit contained at 50.7% of FY24 budget estimate in Apr-Nov
https://www.business-standard.com/economy/news/fiscal-deficit-contained-at-50-7-of-fy24-budget-estimate-in-apr-nov-123122900874_1.html Clipped from: https://www.business-standard.com/economy/news/fiscal-deficit-contained-at-50-7-of-fy24-budget-estimate-in-apr-nov-123122900874_1.html The Government, CGA data indicates, is moving towards fiscal consolidation, with improved tax collections compared to the April-October period and compressed capital
Evaluating the Indian economy’s resilience
https://www.business-standard.com/opinion/columns/evaluating-the-indian-economy-s-resilience-123122801113_1.html Clipped from: https://www.business-standard.com/opinion/columns/evaluating-the-indian-economy-s-resilience-123122801113_1.html A growth trajectory of 6.5 to 7.5 %, centred around 7 %, is reasonable in the coming years, barring the eventuality of
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