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Tag: economic growth

MP urges industrialists to make good use of plots in Plastic Park

Posted on June 17, 2026 By admin
MP urges industrialists to make good use of plots in Plastic Park

Capt. Brijesh Chowta, MP and Mangaluru City North MLA Y. Bharath Shetty during the visit to CIPET administration building being built in the Plastic Park, coming up in Ganjimutt in the outskirts of Mangaluru on Wednesday. | Photo Credit: SPECIAL ARRANGEMENT MP Capt. Brijesh Chowta has called upon industrialists to make good use of the…

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Nation

Infrastructure is foundation of economic growth, says M. Jamshed

Posted on May 22, 2026 By admin
Infrastructure is foundation of economic growth, says M. Jamshed

M Jamshed, Distinguished Fellow CRF Sr. Adviser to World Bank giving a special address at The Hindu’s Maharashtra Infrastructure Conclave 2026 on Friday. | Photo Credit: Emmanual Yogini Infrastructure is not merely the bedrock of development, but development itself, said M. Jamshed during a special address at The Hindu’s Maharashtra Infrastructure Conclave 2026 held in…

Read More “Infrastructure is foundation of economic growth, says M. Jamshed” »

Nation

RBI in sync with government on growth focus, says Sitharaman

Posted on February 8, 2025 By admin
RBI in sync with government on growth focus, says Sitharaman

Union Finance Minister Nirmala Sitharaman, RBI Governor Sanjay Malhotra and Directors at a meeting in New Delhi on February 8, 2025. | Photo Credit: PTI With the Reserve Bank of India (RBI) following up the Union Budget’s demand stimulus for the slowing economy with a long-awaited interest rate cut, Finance Minister Nirmala Sitharaman said on…

Read More “RBI in sync with government on growth focus, says Sitharaman” »

Business

IMF Chief Expects Global Uncertainty In 2025. Here’s What She Said On India

Posted on January 11, 2025 By admin
IMF Chief Expects Global Uncertainty In 2025. Here’s What She Said On India

Washington: The Indian economy is expected to be “a little weaker” in 2025 despite steady global growth, IMF Managing Director Kristalina Georgieva has said. Georgieva also said she expects quite a lot of uncertainty in the world this year mainly around the trade policy of the US. In her annual media roundtable with a group of…

Read More “IMF Chief Expects Global Uncertainty In 2025. Here’s What She Said On India” »

World

IMF Chief Expects Global Uncertainty In 2025. Here’s What She Said On India

Posted on January 11, 2025 By admin
IMF Chief Expects Global Uncertainty In 2025. Here’s What She Said On India

Washington: The Indian economy is expected to be “a little weaker” in 2025 despite steady global growth, IMF Managing Director Kristalina Georgieva has said. Georgieva also said she expects quite a lot of uncertainty in the world this year mainly around the trade policy of the US. In her annual media roundtable with a group of…

Read More “IMF Chief Expects Global Uncertainty In 2025. Here’s What She Said On India” »

Nation

World Bank Approves $188 Million Loan For Maharashtra

Posted on December 5, 2024 By admin
World Bank Approves 8 Million Loan For Maharashtra

Washington: The World Bank has approved a USD 188.28-million loan to stimulate economic growth in Maharashtra, especially in the lagging districts, a media release said. The USD188.28 million Maharashtra Strengthening Institutional Capabilities in districts for enabling growth operation will support district planning and growth strategies, the bank said in a statement. Investments under the operation…

Read More “World Bank Approves $188 Million Loan For Maharashtra” »

Nation

Nirmala Sitharaman allays growth dip worries, moots rate cut

Posted on November 18, 2024 By admin
Nirmala Sitharaman allays growth dip worries, moots rate cut

Union Finance Minister Nirmala Sitharaman addresses the 11th SBI Banking & Economics Conclave 2024 in Mumbai on November 18, 2024. | Photo Credit: ANI Seeking to quell anxieties about a slowdown in the economy, Union Finance Minister Nirmala Sitharaman on Monday asserted that the government was fully aware of domestic and global challenges and there…

Read More “Nirmala Sitharaman allays growth dip worries, moots rate cut” »

Business

GST collections hit a 40-month low in September 2024

Posted on October 1, 2024 By admin
GST collections hit a 40-month low in September 2024

Photo used for representation purpose only. Growth in India’s Gross Goods and Services Tax (GST) collections slumped to a 40-month low of 6.5% in September, yielding revenues of ₹1,73,240 crore, about 1% lower than the tally in August. Net GST receipts, after adjusting for refunds made to taxpayers, were 3.9% higher than a year ago,…

Read More “GST collections hit a 40-month low in September 2024” »

Business

Government retains borrowing target, to raise ₹6.61 lakh crore in H2 to fund revenue gap

Posted on September 26, 2024 By admin
Government retains borrowing target, to raise ₹6.61 lakh crore in H2 to fund revenue gap

Union Finance Minister Nirmala Sitharaman in the interim Budget had proposed to borrow ₹14.13 lakh crore by issuing dated securities to meet revenue shortfall in the next financial year. | Photo Credit: The Hindu The Centre has retained its borrowing target for the current financial year and plans to raise ₹6.61 lakh crore through auction of…

Read More “Government retains borrowing target, to raise ₹6.61 lakh crore in H2 to fund revenue gap” »

Business

At 6.7%, growth slid to five-quarter low in Q1

Posted on August 30, 2024 By admin
At 6.7%, growth slid to five-quarter low in Q1

Government final consumption expenditure tanked 0.2% in Q1, while public capital expenditure spends that include projects financed by the Centre, States and central public sector firms, were 33.3% lower than a year ago.  | Photo Credit: Getty Images/iStockphoto Signalling a moderation in the economy’s growth momentum, India’s real GDP rose 6.7% in the April to…

Read More “At 6.7%, growth slid to five-quarter low in Q1” »

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