The central government’s debt accumulation grew at a slower pace between FY21 and FY23 than the country’s gross domestic product (GDP) growth, the Comptroller and Auditor General (CAG) has said, indicating “positive” debt sustainability. Read More…
India’s core infrastructure sector grew to a three-month high of 1.7 per cent in June, up from 1.2 per cent in May, according to data released by the Ministry of Commerce and Industry on Monday. Read More…
भारत को एक्सपोर्ट (निर्यात) हब बनाने की तैयारी तेज हो गई है। सोमवार को एक अधिकारी ने बताया कि देश के निर्यात को बढ़ावा देने के उद्देश्य से 28 राज्यों और केंद्र शासित प्रदेशों ने अपनी निर्यात रणनीति तैयार की है। अधिकारी ने यह भी कहा कि सभी 36 राज्यों और केंद्र शासित प्रदेशों ने…
MUMBAI: Reliance Industries Ltd (RIL) said on Friday it will evaluate the latest round of sanctions imposed by European Union member states targeting Russia’s oil and energy revenues, including restrictions that extend to petroleum products refined from Russian crude in third countries -affecting Indian exports. Read More…
India wants to be a global manufacturing powerhouse. The Make in India campaign and a raft of Production-Linked Incentive (PLI) schemes are designed to drive that ambition, boosting local industry, cutting import dependence, and turning the country into an export engine. Read More…
Importers are finding ways to bypass the 12% safeguard duty on steel imports levied in April this year, leading to a rout in domestic prices, even as the import volumes come down, said Jayant Acharya, the joint managing director of JSW Steel. One of the workarounds is the misuse of the Advance Authorization Scheme, which…
India is inching closer to a major milestone in its semiconductor journey, with the country expected to produce its first commercial-scale, made-in-India semiconductor chip this year. Read More…
Russian oil giant Rosneft has hit out at the European Union for imposing sanctions on its Indian affiliate Nayara Energy, calling the move “unjustified and illegal” and warning that it could directly threaten India’s energy security. Read More…
India, the world’s third-largest oil importer, has leaned heavily on discounted Russian crude since Western sanctions followed Russia’s 2022 invasion of Ukraine. At the center of this trade sits Reliance Industries Limited (RIL), which operates the world’s largest refinery in Jamnagar, and has emerged as the largest Indian buyer of Russian oil, particularly the Urals…
