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Articles for Economy

India’s Trade Deficit With Saudi Arabia Declines By $11.1 Bn YoY in FY24: Report

India’s exports to Saudi Arabia stood at USD 11.6 billion in the financial year 2024 as compared to imports worth USD 31.8 billion in the previous financial year

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Centre Can Lower Royalties To Minimise Impact On Mining Companies Post SC Ruling: Ambit Capital

S&P Global Ratings had earlier asserted that a shift in the tax landscape for mining companies would have a pass-on effect on steel and other industries, and ultimately on the Indian consumer

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Rural Economy Key Driver Of FMCG Sector’s Resurgence: RBI

The Reserve Bank of India (RBI) bulletin notes that the rural consumption spending on the back of rising incomes has driven volume growth in the FMCG sector

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Narendra Modi
PM Modi Holds Bilateral Talks With Malaysian Counterpart Ibrahim

India and Malaysia have strong historical and socio-cultural linkages

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IndiaBonds Introduces BondCase For Retail Investors

The company, in a press release, stated that BondCase includes predefined bond themes such as high-yielding bonds, monthly income bonds, short-term bonds, PSU bonds, and bank bonds

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Air Passenger Traffic Sees 7.33% YoY Growth In July 2024: DGCA

Domestic airlines' combined air passenger traffic from January to July 2024 stood at 923.35 lakh compared to 881.94 lakh during the same period last year, witnessing an annual growth of 4.70 per cen

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Indian Firms Turning To Overseas Markets For Fundraising: RBI

This is largely due to a combination of factors including heightened interest from global investors, improving liquidity conditions and lower hedging costs

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RBI Signals Possible Policy Tightening As Food Prices Fuel Inflation Worries

The central bank says treating food price spikes as merely temporary is increasingly untenable, particularly as these price pressures threaten to spill over into more generalised inflation

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