Business

India likely to add 35-40 MT crude oil refining capacity by FY30

India likely to add 35-40 MT crude oil refining capacity by FY30

India’s oil marketing companies (OMCs) are expected to add 35-40 million tonnes (MTs) of crude oil refining capacity and take…
Kharif crop sowing exceeds 1,104 lakh hectares: Centre

Kharif crop sowing exceeds 1,104 lakh hectares: Centre

Kharif crop sowing has exceeded 1,104 lakh hectares, up from 1,096 lakh hectares last reported (as of September 17), as…
GST 2.0 will further ease tax compliances and boost economic growth

GST 2.0 will further ease tax compliances and boost economic growth

Goods and Services Tax (GST) is one of the major economic reforms in the last decade in India which replaced…
September set to be busiest month for IPOs in 14 years: RBI

September set to be busiest month for IPOs in 14 years: RBI

As Indian stock markets remain resilient amid global challenges, September is set to be the busiest month for initial public…
Gross inward FDI grew 23.6 pc to $27.7 billion in April-July period: RBI

Gross inward FDI grew 23.6 pc to $27.7 billion in April-July period: RBI

Keeping the upward trajectory, the Reserve Bank of India (RBI) saw net foreign direct investment (FDI) growing in the first…
Horticulture production in India pegged at 353.19 million tonnes in 2023-24: Centre

Horticulture production in India pegged at 353.19 million tonnes in 2023-24: Centre

The horticulture production in the country is estimated to reach about 353.19 million tonnes in 28.98 million hectares area in…
Household consumption poised to grow faster in Q2 as headline inflation eases: RBI

Household consumption poised to grow faster in Q2 as headline inflation eases: RBI

Household consumption is poised to grow faster in the second quarter of the current fiscal (FY25) as headline inflation eases,…
Banks must use UPI to create more digital opportunities to empower millions: FM Sitharaman

Banks must use UPI to create more digital opportunities to empower millions: FM Sitharaman

As the unified payments interface (UPI) goes global, Finance Minister Nirmala Sitharaman has urged the banks to explore creating deeper…
India set to become third-largest economy by FY30-31: S&P Global

India set to become third-largest economy by FY30-31: S&P Global

India is on track to become the third-largest economy by fiscal 2030-31, driven by a robust projected annual growth rate…
US Fed rate cut to boost investment and business sentiment, all eyes on India

US Fed rate cut to boost investment and business sentiment, all eyes on India

The softening of US Fed rate by 0.5 percentage point (50 bps) is a welcome step, given the strengthening US…
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