Merchandise Export Rose 24% In April To $38.19 Billion, Trade Deficit Widens
Press Trust of India | Tuesday May 03, 2022Trade deficit during the month under review widened to $20.07 billion as against $15.29 billion recorded during the corresponding period of last year
India's Total Coal Production Reached 661.54 Lakh Tonnes In April
Edited by Animesh Singh | Tuesday May 03, 2022Coal India Limited, the country's largest dry fuel producer, achieved highest production of 534.7 lakh tonnes in April 2022
Amid Power Crisis, Government Sets June-End Deadline For Coal Imports
Reuters | Tuesday May 03, 2022, NEW DELHIStates and private companies "must import" coal and "ensure continuous power supply in the respective states", the Power Ministry letter read
Government's Tax Devolution May Exceed Budget Estimate In Current Fiscal: Report
Press Trust of India | Tuesday May 03, 2022, MumbaiThe central tax devolution is likely to rise to Rs 9.3 lakh crore in 2022-23 from Rs 8.8 lakh crore in 2021-22
Government Says Fertiliser Subsidy May Rise To Rs 2.5 Lakh Crore In 2022-23
Press Trust of India | Tuesday May 03, 2022, New DelhiGovernment has said that fertiliser subsidy for this fiscal might increase to around Rs 2.5 lakh crore
Coal India's Supplies To Power Sector Saw 16% Rise In April
Press Trust of India | Monday May 02, 2022, New DelhiCoal India Limited said supply to the power sector rose 15.6 per cent to 49.7 million tonnes last month in the wake of high demand from power plants
India's Electricity Demand Touches Record High In April
Reuters | Monday May 02, 2022, New DelhiIndia's electricity demand touched a record high in April as its northern states reeled under the hottest pre-summer months in decades, with a surge in the use of air conditioning triggering the worst power crisis in more than six years.
Amid Speculations On RBI's Rate Hike, Money Managers Look For Safer Bets
Subhadip Sircar, Nupur Acharya and Divya Patil | Monday May 02, 2022A hawkish pivot by the RBI has money managers scurrying to find safer bets while bracing for potentially the steepest rate hikes in Asia
Factory Growth Picks Up In April Amid High Inflation: Survey
Reuters | Monday May 02, 2022, BengaluruFactory activity in India picked up last month, bolstered by a solid increase in demand as pandemic restrictions were eased, but rising energy prices pushed input costs to a five-month high, a private survey showed.
India's Unemployment Rate Rises To 7.83% In April: Report
Reuters | Monday May 02, 2022, New DelhiIndia's unemployment rate rose to 7.83% in April from 7.60% in March, data from the Centre for Monitoring Indian Economy (CMIE) showed on Sunday.
GST Revenues Surge To All-Time High Of Rs 1.68 Lakh Crore In April
Press Trust of India | Sunday May 01, 2022, New DelhiGoods and service tax (GST) revenues in April touched the highest ever level of about Rs 1.68 lakh crore, up 20 per cent from the year-ago period
Foreign Investors Withdrew Rs 17,144 Crore From Equities In April
Press Trust of India | Sunday May 01, 2022, New DelhiContinuing its selling spree for the seventh consecutive month, foreign investors have pulled out Rs 17,144 crore from the equity market in April
Indian Economy May Take 12 Years To Overcome Covid Losses: RBI
Asian News International | Friday April 29, 2022, Mumbai (Maharashtra)The Indian economy is likely to take over 12 years to overcome the COVID-19 losses, according to a report released by the Reserve Bank of India
LIC Chairman Says IPO Price Attractive, Has Growth Potential
Press Trust of India | Friday April 29, 2022, New DelhiLIC IPO pricing is very attractive and investors can look forward to returns in the years to come, chairman M R Kumar said
Government, SEBI To Decide On Relaxing LIC's Minimum Public Holding Norm
Press Trust of India | Friday April 29, 2022, New DelhiThe Finance Ministry will discuss with market regulator SEBI to exempt LIC from the minimum public shareholding norm
