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Homec > Economy

Economy

LPG price hike: OMCs again hike commercial cylinder prices
LPG price hike: OMCs increase LPG prices for second time in current calendar year.
GDP at 8.4 per cent in Q3 FY24; above estimates
Due to the increase in the growth estimate for the December quarter which just gone passed by, the estimate for the entire financial year 2023-24 has also increased.
Poverty down sharply from 10 yrs ago
In January this year, the Centre’s think tank NITI Aayog had published a report and claimed that as many as 24.82 crore Indians were lifted out of poverty in the past nine years
Banks use tech teeth to bite into NBFC
Riding the technology wave, banks are marshalling the power of fintech firms to gain bigger market share of “consumption credit” from NBFC companies and home finance companies.
Fall in food items expenditure!
The Household Consumption Expenditure Survey (HCES) showed that monthly per capita expenditure (MPCE) on food items in rural India decreased from 52.9% in the last survey to 46.38% in the current one.
Farmers cry foul, want sugarcane FRP at Rs 385/quintal
Farmer unions have expressed concern that the Government's decision to hike sugarcane Fair and Remunerative Price (FRP) to Rs 340/quintal is too small to suffice for high production cost of sugarcane.
Jio Bharat rocks feature phone market
Telecom industry leader Reliance Jio had launched Jio Bharat 4G feature phones for Rs 999 in July last year.
IREDA subsidiary to provide cheap loans on EVs, solar panels
The Indian Renewable Energy Development Agency Limited (IREDA) will help fulfill the needs of the retail consumers.
Rural India demand recovery slowdown to continue
Overall in India, the FMCG market sales volume growth rate has seen continuous deceleration since June 2023 quarter.
Fly Cheaper With Air India Express!
Under 'Xpress Lite' offer, the traveler can carry up to 10 kg cabin baggage free of cost at reduced airfare.

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