PM Modi unveils India’s first underwater metro in Kolkata

Prime Minister Narendra Modi on Wednesday unveiled a number of metro initiatives throughout the nation, together with India’s first underwater metro line in Kolkata. The ₹4,965-crore Howrah Maidan-Esplanade part of Kolkata Metro’s East-West Hall, which has the primary transportation tunnel “below any mighty river in India”, was inaugurated by the PM. The stretch additionally has … Read more

GDP could develop 6.8% in Q3FY24 on account of slight dip in exercise: SBI report

India’s gross home product (GDP) could develop 6.7-6.9 per cent within the third quarter (October to December) of FY24 on account of a slight decline in financial exercise, in accordance with State Financial institution of India’s financial analysis division (ERD). The GDP development in Q1 (April to June) and Q2 (July to September) of FY24 … Read more

Maharashtra mills eye prolonged sugarcane crushing season

Sugar mills in Maharashtra are bracing for an prolonged crushing season that’s anticipated to stretch till April, resulting in an anticipated sugar manufacturing of roughly 95 lakh tonnes.  As of the top of January, the mills within the State have crushed a considerable 676 lakh tonnes of sugarcane, yielding 65 lakh tonnes of sugar. The … Read more

RBI’s financial exercise index nowcasts Q3 development at 7%

RBI’s financial exercise index (EAI) has nowcast GDP development for Q3 (October-December) FY24 at 7 per cent, in line with an article within the central financial institution’s newest month-to-month bulletin. That is increased than the true GDP development projection of 6.5 per cent for Q3FY24 made within the Governor’s December 2023 financial coverage assertion. “In … Read more