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India to become USD 55 trillion economy by 2047 if it grows at 8 pc annual
Updated : 1 year, 7 months ago IST
KV Subramanian, Executive Director of the International Monetary Fund (IMF) and former Chief Economic Advisor of India, said on Thursday that India could become a USD 55 trillion economy by 2047 if it maintains an 8 per cent annual growth rate.
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Fed maintains rate at 5.25-5.5 pc for the 8th consecutive term
Updated : 1 year, 7 months ago IST
The Federal Reserve, in its latest meeting, decided to keep the federal funds rate unchanged at 5.25 per cent to 5.5 per cent for the eighth time. In its statement, the Fed observed that job gains in the U.S. economy have moderated, while the unemployment rate has increased slightly but rema
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Centre receives 27.1 pc of total receipts budgeted for 2024-25 by June
Updated : 1 year, 7 months ago IST
The central government has received Rs 834,197 crore, amounting to 27.1 per cent of corresponding budget estimates of 2024-25 of total receipts, upto June, the Ministry of Finance said in a release.
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Unemployment rate of tribals declines to 1.8 pc in 2022-23 from 5.3 pc in
Updated : 1 year, 7 months ago IST
The unemployment rate among the tribal communities has seen a noticeable decline, as it stood at 1.8 per cent in 2022-23, said Union Minister of State for Labour and Employment, Shobha Karandlaje, in Lok Sabha.
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"80 pc of our schemes being repeated": BJD chief Naveen Patnaik on BJP's f
Updated : 1 year, 7 months ago IST
The Rs 2.65 lakh crore budget for the 2024-25 fiscal was presented by Chief Minister Mohan Charan Majhi, who also holds the finance portfolio, on Thursday.
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UAE-Chile Comprehensive Economic Partnership Agreement aims to reduce cust
Updated : 1 year, 7 months ago IST
The United Arab Emirates and the Republic of Chile have signed a Comprehensive Economic Partnership Agreement (CEPA) today in Abu Dhabi, paving the way for deeper economic collaboration between the two countries
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ACC Ltd registers 9 pc volume growth in April-June quarter
Updated : 1 year, 7 months ago IST
ACC Limited, the cement and building materials company of Adani Group, on Monday announced earnings results for April-June quarter. The cement company ACC achieved another steady quarterly performance.
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SC refuses to stay Patna HC order scrapping Bihar government's quota hike
Updated : 1 year, 7 months ago IST
The Supreme Court on Monday refused to stay Patna High Court order that set aside the state government's amendments to increase the reservation for Backward Classes, Extremely Backward Classes, Scheduled Tribes, and Scheduled Castes in jobs and educational institutions.
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Adani Total Gas Q1 revenue rises 9 pc, net profit jumps 20 pc
Updated : 1 year, 7 months ago IST
Adani Total Gas Ltd on Monday reported that its revenue from operations during April-June 2024 quarter rose 9 per cent year-on-year to Rs 1,237 crore. In the same quarter of 2023, the revenue stood at Rs 1,135 crore.
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UPI transactions grew by 57 pc YoY, with PhonePe and GPay holding market s
Updated : 1 year, 7 months ago IST
For the first time, the total net profit of the banking sector crossed Rs 3 lakh crore in FY24, with all bank groups achieving a return on assets (ROA) greater than 1 per cent.
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Ad revenue to lift regional print media growth 8-9 pc this year: Crisil
Updated : 1 year, 7 months ago IST
Buoyant growth in advertising revenue, driven by strong demand from key advertising sectors, together with a loyal subscriber base, will lift the total revenue of regional print media companies by 8-9 per cent this fiscal, Crisil Ratings asserted.
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Budget allocation for tribal development increased by 200 pc: Minister Son
Updated : 1 year, 7 months ago IST
The government increased the allocation for the development of tribal communities by nearly 200 per cent with an allocation of Rs 13,000 crores, said the Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal.
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