ECONOMY

ECONOMY

SDG India Index 2023-24: Vital progress in eliminating poverty, gender, earnings inequalities a priority

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India bettered its efficiency in reaching sustainable growth objectives (SDGs) throughout 2023-24 with important progress in eliminating poverty, financial progress and local weather motion. Nevertheless, progress in addressing inequalities associated with gender and earnings in addition to entry to equal alternatives must be addressed extra successfully. NITI Aayog on Friday launched the fourth version of … Read more

Formation of inflation in India must be navigated in direction of convergence with world inflation: RBI Deputy Governor Patra

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RBI Deputy Governor MD Patra | Photograph Credit score: FRANCIS MASCARENHAS The formation of inflation in India must be navigated in direction of convergence with world inflation in order that each the interior and exterior worth of the rupee (INR) is preserved, based on RBI Deputy Governor MD Patra. “This may put together the bottom … Read more

India sees 75% spike in PE investments to $3.64 billion in Q1

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Non-public fairness investments in India hit a seven-quarter excessive in April-June 2024 at $3.64 billion, up 75 per cent sequentially over $2.08 billion recorded in Jan-Mar 2024, newest information from LSEG Offers Intelligence confirmed.   The most recent quarterly studying was 31 per cent larger than the $2.8 billion price of PE investments made in the … Read more

India’s solar energy capability touches 85 GW in June 2024 quarter

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The Indian renewable vitality sector has added 4,4 GW of recent capability throughout Q1 of this fiscal. Photo voltaic stays the mainstay of the renewable new capability addition and it added about 3.7 GW throughout Q1 of this fiscal, whereas the wind energy phase added 770 MW of recent capability. In the course of the first quarter of final fiscal, the wind vitality sector added a brand new capability of 1.1 … Read more

Passive investments to account for 25-30% of total MF AUM by 2030: DSP Mutual Fund

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DSP Mutual Fund (DSP MF), a number one asset supervisor, could be very bullish on prospects for passive investments, i.e ETFs and index funds within the nation and expects it to account for 25-30 % of complete AUM of MF business by 2030, a prime official stated. “We’re bullish on passives. We are going to … Read more

AP’s pure farming mannequin wins world prize

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A novel pure farming methodology being practiced in Andhra Pradesh for over eight years has gained world recognition. Nagendramma Nettem, a farmer from the drought-prone Anantapur district of Andhra Pradesh, Vijay Kumar, Govt Vice Chairman of Rythu Sadhikara Samstha, a State-government company, has acquired the distinguished Gulbenkian Prize for Humanity award in Lisbon (Portugal) on … Read more

PM holds essential assembly with economists, NITI Aayog officers forward of Price range 

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With lower than 10 days till the primary full Price range of the Modi 3.0 Authorities, Prime Minister Narendra Modi on Thursday brainstormed with main economists, sectoral specialists, and NITI Aayog officers on key focus areas and techniques for the essential coverage doc.  The discussions aimed to speed up India’s transformation right into a $5-trillion … Read more

Kissandhan Agri Monetary Companies appoints Gurinder Singh Sehmbey as CEO

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Kissandhan Agri Monetary Companies (Kissandhan), a wholly-owned subsidiary of Sohan Lal Commodity Administration Pvt Ltd (SLCM), has appointed Gurinder Singh Sehmbey as its Chief Government Officer.   With a profession spanning practically three a long time and recognised as one of many 50 Most Influential Rural Advertising Leaders, Gurinder Singh Sehmbey brings his wealth of experience … Read more

Brief-haul worldwide locations see demand uptick, bookings up 20-40% in monsoon

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Brief-haul worldwide locations have emerged as favourites for travellers throughout monsoon season on account of elevated air connectivity and straightforward visa insurance policies. In keeping with Cleartrip.com, leisure locations in South Asia and South East Asia comparable to Thailand and Sri Lanka have seen a 20-40 per cent enhance in bookings for July and August on an … Read more