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Jan 30, 2023 02:43 PM ISTPower ministry officials will work with those involved in debt restructuring of financially stressed idle plants to make them functional, the sources said.
Jan 30, 2023 02:24 PM IST The former bureaucrat said multilateral financial institutions are not equipped to do the same, and there is a need to transform them.
Jan 30, 2023 01:46 PM IST The legal metrology officers across the states have been directed to create awareness among the manufacturers, packers and importers of edible oils to pack the commodity without mentioning temperature and advise them to ensure that the quantity declared on the package is correct.
Jan 30, 2023 01:13 PM IST High inflation and widening trade deficit that posed macroeconomic stability challenges last year will lessen in severity, but growth will taper off too, Bhandari said in an interview Monday with Bloomberg Television’s Rishaad Salamat. “It’s hard for the two to co-exist.”
Jan 30, 2023 12:25 PM IST Shrinking the deficit which hit a record 9.2% of gross domestic product during the first year of the pandemic is necessary for Asia’s third-largest economy to improve its credit rating currently at the lowest investment grade.
Jan 30, 2023 12:18 PM IST Which budget had the highest allocation for agriculture so far – and when was the 'bahi khata' introduced? While we count down to the Union Budget 2023, watch this video to get to know some interesting titbits about recent budgets!
Jan 30, 2023 11:24 AM IST Prices of the main traded grades for coal used in power plants dropped to their lowest in months last week, and to the weakest in a year in the case of one of the major Australian varieties.
Jan 30, 2023 09:55 AM IST The energy-hungry nation said last May it plans to reduce power generation from least 81 coal-fired plants over the next four years, but the proposal did not involve shutting down any of its 179 coal power plants. India has not set a formal timeline for phasing down coal use.
Jan 30, 2023 08:23 AM IST Pakistan is grappling with a foreign exchange crisis and is looking at an urgent bailout package from IMF.
Jan 30, 2023 08:05 AM IST Petrol and diesel are priced at Rs 102.63 per litre and Rs 94.24 per litre respectively in Chennai, and at Rs 106.03 a litre and Rs 92.76 a litre in Kolkata, respectively.
Jan 30, 2023 07:53 AM IST Those forecasts were unchanged from a poll last month, with predictions for a slowdown in GDP growth to 6.0% in the 2023/24 fiscal year from an expected 6.7% in the current one also barely changed.
Jan 30, 2023 07:13 AM IST The government is expected to announce a record gross borrowing of 16 trillion rupees ($196.28 billion) for 2023-24 when it presents the federal budget on Feb. 1, according to a Reuters poll of economists.
Jan 30, 2023 06:39 AM IST Fuel stocks are only slightly higher than this time last year, when inadequate coal supplies coupled with higher than normal temperatures in March and April contributed to widespread blackouts.
Jan 30, 2023 06:06 AM IST The western state of Maharashtra, which accounts for more than a third of the country's sugar output, could produce 12.8 million tonnes of sugar in the 2022/23 marketing year that began on Oct. 1, down from an earlier forecast of 13.8 million tonnes, Maharashtra's sugar commissioner Shekhar Gaikwad said.
Jan 29, 2023 08:36 PM IST With inflation soaring to nearly 25 percent, and its interest rate at a 24-year-high of 17 percent, Pakistan appears to be crumbling.
Jan 29, 2023 08:10 AM IST Budget 2023 Expectations Highlights: We must focus on reconstruction & rehabilitation. Many youths are unemployed, we must create self-employment opportunities, revive closed units and give them technological help and slight handholding, says Navin M Raheja, chairman & MD, Raheja Developers on 2023 Budget expectations.
Jan 28, 2023 01:42 PM IST The Biden administration had earlier blocked sale of semiconductor technology to China, a step aimed at crippling Beijing’s access to the critical tech which is needed for everything from supercomputing to guiding weapons
Jan 28, 2023 10:48 AM IST India is on the frontline of the geopolitical conflict -- We need a budget to reflect that fact
Jan 28, 2023 07:59 AM IST Budget 2023 Expectations Highlights: The common man is worried about inflation because of a looming global economic slowdown and a potential resurgence of Covid-19. Layoffs and slowdown in US and Europe is keeping the mood of the nation cautiously optimistic. People expect a rise in the basic exemption limit in income tax.
Jan 27, 2023 07:07 PM IST The Budget presentation is just a few days away. As the permutations and combinations hit a frenetic pace, what should you look for when the finance minister stands to read out the document? Not just that, a clutch of interest rate policy decisions across geographies will keep the week humming
Jan 27, 2023 05:59 PM IST Royalties are necessary but the present regulatory regime rely heavily on independent directors who aren’t sufficiently empowered to protect outside shareholders
Jan 27, 2023 04:57 PM IST In today’s edition of Moneycontrol Pro Panorama: Should investors worry about turnover ratio, can banks pull up Nifty, problems posed by ‘time theft’ and ‘quiet quitting’, school learning outcome disappoints, and more
Jan 27, 2023 04:53 PM IST Saggar, who was a member of the Reserve Bank of India's rate-setting panel through much of the coronavirus pandemic, says the government must downsize itself even as it continues its focus on capital expenditure
Jan 27, 2023 03:01 PM IST “In the last quarter, the swaps market is pricing a cut in India, which I find very hard to believe,” said Jayesh Mehta, India country treasurer at the US bank said in an interview last week. “Our domestic demand is good, backed up by equally good local growth.”
Jan 27, 2023 02:37 PM IST The renewable energy ministry and the finance ministry are working on the draft policy. Neither ministry responded to queries from Reuters.
