Search For "economic activity"
India's GDP growth to pick up in third quarter compared to first half of F
Updated : 1 year, 4 months ago IST
India's economy is projected to grow at a faster pace in the third quarter of the current financial year (October-December 2024) compared to the first half (April-September 2024), according to a report by ICRA.
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Despite substantive outflows, FII investment in India still holds at USD 1
Updated : 1 year, 4 months ago IST
The report adds that domestic economy is showing robust growth with supply chain sector showing robust growth, e-way bill generation--a key indicator of freight movement and economic activity--reached a record 117.25 million in October. This marks a 17 per cent increase year-on-year, reflect
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Ras Al Khaimah records significant economic growth
Updated : 1 year, 4 months ago IST
The Department of Economic Development in Ras Al Khaimah has reported substantial growth in economic activity. As of September 2024, the total capital of valid licences registered with the department has surged by 15 per cent to AED 9.26 billion, reflecting an increase of AED 250 million com
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Delhi CM approves 24x7 operations for 111 shops, commercial establishments
Updated : 1 year, 4 months ago IST
Delhi Chief Minister Atishi on Tuesday granted approval for 111 more shops and commercial establishments to operate 24 hours a day. This initiative by the government aims to enhance economic activity in Delhi and generate new employment opportunities, as per an official release.
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With enhanced revenue collections, government is confident of meeting the
Updated : 1 year, 5 months ago IST
"Aided by buoyant revenue generation, restrained revenue expenditure growth and healthy economic activity, the fiscal deficit is estimated to decline further from 5.6 per cent of GDP in FY24 (provisional actuals) to 4.9 per cent in FY25," she said.
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"Will increase tourism, economic activity in region": Odisha CM on Brahmap
Updated : 1 year, 6 months ago IST
150 students of the East Coast Railway Mixed Higher Secondary School, Khurda, boarded the train to take a free ride to the Khurda Junction during its inaugural run.
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India's foreign exchange reserves continue to rise hitting fresh high of U
Updated : 1 year, 6 months ago IST
The reserves have been on an upward trend for some time. In 2024 alone, they have risen by over USD 60 billion cumulatively. This buffer of foreign exchange reserves helps insulate domestic economic activity from global shocks.
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Monthly economic review of July affirms real GDP growth at 6.5-7.0 per cen
Updated : 1 year, 7 months ago IST
GST collections in the initial months of FY25 have seen a notable surge, driven by a broader tax base and heightened economic activity. This level shift in GST collections reflects sustained economic engagement, bolstered further by a double-digit increase in e-way bill generation, indicatin
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India's forex reserves touch fresh high of USD 675 billion, rose over USD
Updated : 1 year, 7 months ago IST
The reserves have been rising on and off for a long time now. So far in 2024, they have risen by about USD 45-50 billion, on a cumulative basis. The buffer of foreign exchange reserves insulates domestic economic activity from global spillovers.
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India's forex reserves decline slightly after hitting record high
Updated : 1 year, 7 months ago IST
The reserves have been rising on and off for a long time now. So far in 2024, they have risen by about USD 40-45 billion, on a cumulative basis. The buffer of foreign exchange reserves insulates domestic economic activity from global spillovers.
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Key mineral production in India significantly up in Q1 FY25
Updated : 1 year, 7 months ago IST
The production of key minerals in India, including iron ore and limestone, has continued to demonstrate strong growth in the first quarter of FY 2024-25, highlighted Ministry of Mines on Thursday.
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US Fed Chief Powell hints at September rate cut amid strong economic activ
Updated : 1 year, 7 months ago IST
U.S. Federal Reserve Chair Jerome Powell hinted a possible interest rate cut in September if economic conditions align with expectations. The fed made these remarks during the latest Federal Reserve meeting which decided to keep the federal funds rate unchanged at 5.25 per cent to 5.5 per ce
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