India’s merchandise exports jump by 17.25% in Oct
The trade deficit was widened to USD 27.14 billion. Imports increased by 3.9% to USD 66.34 billion in October compared to USD 63.86 billion in the year-ago period.
The trade deficit was widened to USD 27.14 billion. Imports increased by 3.9% to USD 66.34 billion in October compared to USD 63.86 billion in the year-ago period.
Puri was addressing the 12th Public Sector Enterprises (PSE) Summit, organised by Confederation of Indian Industry (CII) in New Delhi.
The annual rate of inflation based on all India Wholesale Price Index (WPI) inched to a four-month high of 2.36% (Provisional) for October 2024 over the last year.
The Centre’s Department of Fisheries, is organising an investors’ meeting to offer opportunities in the fisheries and aquaculture sector of the Andaman & Nicobar Islands on November 14
Under the Kharif procurement season 2024-25, paddy procurement in Uttar Pradesh has surged, with 2.86 lakh metric tons procured so far—an increase of 65,820 metric tons compared to the same period in 2023-24.
The Broadband India Forum (BIF) on Friday said the draft Indian Telecommunications Bill 2022 requires a critical and balanced review, as it aims to take away the statutory independence of the Telecom Regulatory Authority of India (TRAI), seeking to make it subservient to the government.
The new Foreign Trade Policy (FTP), scheduled to be announced at the end of this month, is expected to focus on enhancing the ease of doing exports from India, industry body PHD Chamber of Commerce and Industry said on Friday.
Coal India Limited (CIL) is scheduled to sign agreements with three other major public sector undertakings - Bharat Heavy Electricals Limited (BHEL), Indian Oil Corporation Limited (IOCL) and GAIL (India) - next week for setting up four Surface Coal Gasification (SCG) projects.
At close, Sensex was 1,020.80 points, or 1.73 per cent, down at 58,058.92, and Nifty closed 302.45 points, or 1.72 per cent, at 17,327.35. As many as 2,497 shares declined, 983 shares advanced, and 107 remained unchanged.
Nevertheless, the central bank may turn more cautious toward reducing benchmark lending rates and the required reserves of banks in the rest of the year, due to the need to balance between the goals of growth stabilization and foreign exchange market stability, Cheng said.
