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Articles for Economy

RBI To Focus On Disinflation, Food Inflation Sticky To Core, Says MPC Minutes

The apex bank’s governor states that Inflation is gradually trending down, but the pace is slow and uneven. The durable alignment of inflation to the target of 4 per cent is still some distance away

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Indian Cement Makers To Undertake Rs 1.25 Lakh Cr Capex over Next 3 Fiscals: Crisil

Crisil Ratings reports that the credit risk of manufacturers is expected to be stable, even though the outlay is 1.8 times higher than the capex in the last three financial years, due to low capex intensity

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Financial Sector Should Enhance Digitisation In Credit Delivery To Help MSMEs: RBI Deputy Gov

Underscoring the significance of the financial sector in enhancing the export of the Micro, Small and Medium Enterprises (MSMEs), the Deputy Governor asked for tailored and focused services for MSMEs

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India-Africa Should Look For Trade Enhancement In 4 Major Sectors: Commerce Secy

The Commerce Secretary Sunil Barthwal emphasises the growth in trade between the two regions, noting that India's total trade with Africa reached nearly USD 100 billion in the fiscal year 2022-23

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India's Daily UPI transactions are Equivalent To EU's Population: PM

In July 2024, the average daily transaction value through unified payment interface (UPI) stood at Rs 466 million, or approximately Rs 66,590 crore, showcasing the platform's dominance in India's digital payment ecosystem

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40% Of Tier 3 City Shoppers Spend Over Rs 1,000 Monthly on Ecommerce: Report

More than half of the consumers from tier III cities spend about three hours per week on online shopping, which exceeds the average time spent by their counterparts in bigger cities by an hour

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Online Vendors Employ 54% More Workers Compared To Offline Vendors: Report

As per the report, 60 per cent of the vendors have reported growth in sales since they started selling online, while 52 per cent have registered an increase in profits since the transition

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Empowering PwDs: Inclusive Employment Initiatives Transform Lives

In the financial year 2023-24, the company provided 500 PwDs through structured training programs, leading to 449 of them securing formal employment across Karnataka

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BEML, Indian Navy Forge Strategic Partnership To Develop Advanced Marine Applications For Defence

The partnership is aligned with the Government of India's Aatmanirbhar Bharat initiative, which aims to strengthen self-reliance in defence production and minimise dependence on foreign imports

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Narendra Modi
India, Poland Have Agreed On Social Security Agreement: PM Modi

India's wisdom is global. India's vision is global. India's culture is global. Care and compassion is global. Our ancestors gave us the mantra of Vasudhaiva Kutumbakam, says PM

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