BUSINESS
FAO Reports: Global Food Prices Index Witnesses a 10% Decline in 2023
Grains and cereals, the index's largest component, observed a 1.5% price rise in December. Nevertheless, they concluded the year 16.6% below the levels recorded in December 2022, according to FAO data.
SEBI Strengthens Short Selling Rules for Market Integrity
The circular specifies that brokers are required to collect details on scrip-wise short sell positions, compile the data, and upload it to stock exchanges before the start of trading on the following day.
redRail by redBus Unveils India's Top Punctual Trains of 2023
Operating more than 13,000 passenger trains across approximately 68,000 route kilometers and linking 7,325 stations, the railway system plays a pivotal role in India's growth narrative.
Boosting Economic Outlook: Government Raises GDP Growth Projection to 7.3% for 2023-24
Surpassing the Reserve Bank of India's (RBI) recent revision to 7%, this estimate signals positive economic momentum, particularly after a surprising 7.6% growth observed in the July-September quarter, driven by robust expansion in the manufacturing sector.
December 2023 Shows Strong Growth in the Services Sector
The HSBC India Services Purchasing Managers’ Index, compiled by S&P Global, surged to 59.0, marking a significant increase from November's 12-month low of 56.9.
Google Initiates Blocking of Data Tracking Cookies in Chrome for a Select Group of Users
However, Google clarified, "It is subject to addressing any remaining competition concerns from the UK’s Competition and Markets Authority."
GST Authorities Demand Rs 100 Crore Payment from NTPC
These states encompass Delhi, Uttar Pradesh, Andhra Pradesh, Bihar, Chhattisgarh, Maharashtra, and Gujarat, each issuing tax demands to NTPC.
Narayana Murthy Reiterates Support for 70-Hour Work Week, Defends Advice for Indian Youth
Murthy highlighted the disparity where those with better education owe it to society to work hard, citing examples of family members working long hours in their respective fields.
Chinese Daily Acknowledges India's Economic Advancements and Strengthened International Relations
Jiadong highlighted India's impressive strides over the past four years, underscoring the nation's economic development, positioning it among the fastest-growing major economies.
India's Economy Outshines Peers, UN Predicts 6.2% Growth in 2024
The report attributes India's growth trajectory to robust private consumption and substantial public investments, anticipating strong support from these factors.
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