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June 3, 2024 8:58 PM
India's coal production reached nearly 84 million tonnes last month, exhibiting a growth rate of over 10 percent compared to the corresponding period of the previous year, which stood at over 76 million tonnes. The Coal Ministry said that during this period, Coal India Limited achieved a coal produc...
June 3, 2024 10:27 AM
Indian equity benchmark indices, the Sensex and the Nifty, soared to record-high levels in early trade today, after most of the Exit polls predicted that BJP-led National Democratic Alliance (NDA) is set to retain power in the Lok Sabah elections for a third straight term. The 30-share BS...
June 1, 2024 8:27 PM
The gross Goods and Services Tax (GST) revenue for the month of May this year stood at 1.73 lakh crore rupees. Ministry of Finance in a statement said that this represents a 10 per cent year-on-year growth. Out of the total collection in the month of May, Central Goods and Services Tax is over 3...
June 1, 2024 12:57 PM
The government today said that despite the extremely high demand for power, coal stocks at Thermal Power Plants continue to be more than 45 Metric Tonnes, which is 30 percent higher compared to the last year. In a statement Ministry of Coal said that the stocks are sufficient to meet the requir...
May 31, 2024 10:11 PM
India's real GDP is estimated to grow by 8.2 percent in the Financial Year 2023-24 as compared to the growth rate of 7 percent registered in Financial Year 2022-23. According to the Ministry of Statistics and Programme Implementation, real GDP or GDP at constant prices is estimated to attain a level...
May 31, 2024 8:46 PM
The Government said that the country has witnessed a steady increase in the production of key minerals and aluminum metal in the first month of the current fiscal year. The Ministry of Mines said that the production of iron ore has increased from 25 Million Metric Tons during April 2023 to 26 Millio...
May 31, 2024 7:31 PM
The RBI aspires to promote the internationalization of the Indian Rupee to facilitate bilateral trade in local currencies. As a part of its strategic action plan, the RBI on Thursday allowed the opening of rupee accounts outside India. In its Annual Report, RBI said rationalization of various gui...
May 31, 2024 7:29 PM
The Reserve bank of India brings back 100 tonnes of Gold from the Vault of UK to India. This is a major shift in the Economic Policy of the RBI, as it will now hold most of its Gold in its own vault. These changes have significant implications for India’s economic sovereignty and global marke...
May 31, 2024 4:25 PM
The Domestic Benchmark indices, Sensex and Nifty snapped its five days fall and ended in green on Friday amid mixed Global cues. The BSE Sensex added 75 points, or 0.1 percent, to close at 73,961. The NSE Nifty was up 42 points, or 0.19 percent, to 22,531 at the closing bell. In the Glob...
May 30, 2024 9:32 PM
The Reserve Bank of India (RBI) has projected a 7 percent GDP growth in the current financial year. In its annual report, it said the real GDP growth for 2024-25 is projected to grow at 7 per cent with risks evenly balanced. The central bank said the Indian economy expanded at a robust pace in fis...
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