Category: Economy

Latest petrol price hike adds to miseries of people in Pakistan

Islamabad, Sep 1 (SocialNews.XYZ) The Pakistan government has announced fresh increase in fuel prices, a decision being received as another…

3 years ago

Govt launches invoice incentive scheme to improve tax compliance

New Delhi, Sep 1 (SocialNews.XYZ) Government on Friday launched the "Mera Bill Mera Adhikaar" invoice incentive scheme, under which consumers…

3 years ago

Moody’s raises India’s GDP forecast to 6.7% for 2023

New Delhi, Sep 1 (SocialNews.XYZ) Global rating agency Moody's has raised India's growth forecast to 6.7 per cent from 5.5…

3 years ago

Commercial LPG cylinder prices cut by Rs 158

New Delhi, September 1 (SocialNews.XYZ) Oil marketing companies (OMCs) on Friday cut prices of commercial LPG cylinders by Rs 158, with…

3 years ago

GDP numbers overstated due to price deflators: Congress

New Delhi, Sep 1 (SocialNews.XYZ) Congress on Friday hit back at the government after it claimed that India’s economic growth…

3 years ago

UPI-based payments cross 10 bn monthly transactions for 1st time

New Delhi, Sep 1 (SocialNews.XYZ) The Unified Payments Interface (UPI)-based payments crossed 10 billion monthly transactions in August for the…

3 years ago

SEBI proposes agency to validate claims of intermediaries

New Delhi, Aug 31 (SocialNews.XYZ) Markets regulator SEBI has proposed the creation of a Performance Validation Agency (PVA) to validate any…

3 years ago

India’s GDP growth towers over several economies, says chief economic adviser

New Delhi, Aug 31 (SocialNews.XYZ) Even as the GDP growth for the first quarter of current fiscal stood at 7.8…

3 years ago

India’s GDP growth stands at 7.8% for first quarter of 2023-24, lesser than RBI’s estimate of 8%

New Delhi, Aug 31 (SocialNews.XYZ) India's economic growth stood at 7.8 per cent in the first quarter (April-June) of the…

3 years ago

Nifty closes lower with a loss of 2% for the month of Aug

New Delhi, Aug 31 (SocialNews.XYZ) Domestic equities saw profit booking on the last day of the month ahead of GDP…

3 years ago

Benchmark indices close in the red on monsoon worries

Mumbai, Aug 31 (SocialNews.XYZ) The benchmark indices ended in the red on Thursday on the back of concerns regarding 9 per…

3 years ago

EOGEPL achieves record sales volume of 2.18 BCF in Q1FY24, posts 12% rise in PAT to Rs 81 crore

Mumbai, Aug 31 (SocialNews.XYZ) Essar Oil and Gas Exploration and Production Ltd (EOGEPL), a leader in the unconventional hydrocarbon space,…

3 years ago

Sitharaman directs rural banks to remove duplication of Jan Dhan accounts

New Delhi, Aug 30 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Wednesday directed regional rural banks (RRBs) to remove duplication of…

3 years ago

Nifty gives up all its gains to close flat

Mumbai, Aug 30 (SocialNews.XYZ) Domestic equities started on a strong note on the back of positive global cues. However, they…

3 years ago

Australia’s inflation falls to lowest in 12 months

Canberra, Aug 30 (SocialNews.XYZ) Falling produce and fuel prices have eased Australia's rate of inflation to its lowest level in…

3 years ago

Canadian farmers to produce less crops due to dry conditions

Ottawa, Aug 30 (SocialNews.XYZ) Canadian farmers are projected to produce less wheat, canola, barley and oats in 2023, according to…

3 years ago

Indian markets underperforming US markets this year

New Delhi, Aug 30 (SocialNews.XYZ) An important feature of the market performance this year is India’s underperformance relative to the…

3 years ago

Finland’s economy to slip into recession

Helsinki, Aug 30 (SocialNews.XYZ) Finland's economy is projected to enter a moderate recession within the next 12 months, according to…

3 years ago

LPG price cut to have financial implication of Rs 7,680 cr in current fiscal

New Delhi, Aug 29 (SocialNews.XYZ) As the government on Tuesday announced Rs 200 cut in the price of cooking gas…

3 years ago

SEBI issues guidelines for strengthening cyber security of market institutions

New Delhi, Aug 29 (SocialNews.XYZ) SEBI has issued guidelines for strengthening the existing cyber security and cyber resilience framework of market…

3 years ago



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