Madame Curie
Parsvnath Developers CEO Captured at Delhi Airport Following 60 km Pursuit
Deputy Commissioner of Police for Shahdara, Surendra Choudhary, said Jain was arrested at the IGI Airport by the STF Shahdara team on Saturday. The arrest comes immediately after Jain failed to attend a hearing at the National Consumer Disputes Redressal Commission.
Government Maintains Capex at Rs 11.11 Lakh Crore, Allocates 3.4% of GDP
For FY24, the government's capex has reached Rs 9.5 lakh crore, which is up 28.2% year-on-year and 2.8 times than FY20. According to the Economic Survey, the capital expenditure of the private sector has also gone up in the financial year to March compared with FY23.
CII Projects Strong GDP Growth for India Beyond Economic Survey's FY25 Forecast
He further added that such optimism is due to the fact that it was a result of nimble macro-financial management supported by a slew of policies which focused on capital expenditure and kept a fine rein on inflation."
Economic Survey Forecasts India's GDP Growth at 6.5-7% for 2024-25
India has managed to carry over the positive momentum from FY23 into FY24, despite numerous external obstacles. In FY24, India’s real GDP expanded by 8.2%, surpassing the 8% growth threshold in three out of four quarters. This achievement was supported by a focus on maintaining macroeconomic stability, which minimized the impact of external challenges on the economy.
Reliance Industries Reports Robust Q1 FY25 Gross Revenue of Rs 2.57 Lakh Crore
EBITDA for the quarter at Rs 42,748 crore ($5.1 billion) was up 2 percent yearon-year. Strong contributions from the oil & gas and consumer segments supported growth, offsetting a weak O2C operating environment.
Japan’s Toshiba Group to Pump Rs 500 Crore into Expanding Operations in India
TTDI offers an array of clean technologies related to renewable energy, including photovoltaic inverters, power transformers, gas-insulated switchgear, and transformers for inverter duty.
FICCI Report: FY25 GDP Growth Projected at 7%, Emphasis on Tax Reforms and Job Creation
As per the survey, the median growth for agriculture and allied activities is pegged at 3.7 percent for 2024-25. "The same is an improvement compared to 1.4 percent growth registered in 2023-24. The diminishing negative effects of El Nino also bring along the expectations of normal southwest monsoon, which is likely to be supportive of higher agriculture production," the industry body said.
India's Q1 FY25 Exports Strong Despite Challenges, Core Sectors Thrive
In contrast, handmade carpets, jute manufacturing including floor coverings, and leather and leather products have declined. More noticeably, petroleum exports dropped by 18.3% year-on-year and by 18.5% month-on-month in June.
Automobile Sales Surge in Q1 FY25 Driven by Economic Growth and Rural Demand: SIAM
SIAM registered a 3 per cent increase with 1,026,006 units sold as against the same period last year. Utility vehicles contributed 18 per cent while vans registered a 9.2 per cent growth.
RBI’s Record Dividend Reduces Need for Major Divestments; Government to Stick to Rs 50k Crore Target: Report
"With a bumper dividend from the RBI, the central government's fiscal position remains comfortable, which may limit the urgency to push ahead with big-ticket divestments," it said.
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