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According to NITI Aayog member Virmani, the Indian economy is expected to grow at approximately 6.5% in the fiscal year 2023-24.
NITI Aayog member Virmani has projected that the Indian economy will grow at a rate of approximately 6.5% in the fiscal year 2023-24.
Crypto in India: Recent News and Developments
In recent years, cryptocurrencies have become a popular topic of discussion in India. While the Indian government has shown a skeptical attitude towards cryptocurrencies, there have been some recent developments in the country that have given hope to crypto enthusiasts.
The WPI inflation for March has decreased to 1.34%, with food inflation also slowing down to 2.32%.
The latest WPI inflation rate for March 2021 has dropped to 0.29%, marking the lowest recorded inflation rate in six months.
Piyush Goyal has stated that India will offer a strong policy framework that includes retrospective modifications.
Piyush Goyal announced on Tuesday that the current government will take a different approach to retrospective changes in policies.
PM Modi and UK’s Rishi Sunak hold talks, agree to accelerate India-UK FTA negotiations.
PM Modi and Rishi Sunak discussed the need to conclude an FTA as soon as possible, which could help in strengthening economic ties between India and the UK.
India’s exports increase by 6% to $447 billion in the fiscal year 2022-23.
India's exports have been on the rise in recent years, with the latest figures showing that the country's merchandise exports for the fiscal year 2022-23 stood at $447 billion, up 6% from the previous year.
The Indian government has stated that China’s portion of India’s import basket has decreased to 13.79% in FY23.
The government of India has been taking steps to reduce its dependence on China imports and promote domestic manufacturing.
Amid record demand, Indian sugar prices rise as production decreases.
The sugar industry in India is facing a variety of challenges, including a shortage of sugar due to unfavorable weather conditions and mounting debts of sugar mills.
India’s services PMI has increased for the 20th consecutive month, however, it was lower than the reading recorded in February
Latest data from IHS Markit shows that India's services PMI increased for the 20th consecutive month in March, although the rate of growth slowed slightly.
GOLD PRICE UPDATE: GOLD LOSES SHEEN AFTER SETTING FRESH ALL-TIME HIGH RECORD; KNOW CURRENT RATE
The price of gold has dropped after setting a fresh all-time high record recently. Gold is a highly…
