Wed, Feb 01, 2023
Rupee Vs Dollar: At the interbank foreign exchange, the domestic unit opened at 81.76 against the dollar, registering a rise of 12 paise over its previous close. The local unit was later trading at 81.80 against the greenback.
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Tue, Jan 31, 2023
Budget 2023: Finance Minister Nirmala Sitharaman will present the Union Budget for the financial year 2023-24 (FY24) in Parliament tomorrow. This will be her fifth Union Budget presentation as Finance Minister.
The enrolment ratio for girls is better than that of boys, the Economic Survey 2023 stated.
Economic Survey 2023: With the containment of COVID-19 infections and the lifting of travel restrictions worldwide, the survey said, air travel has rebounded.
Economic Survey 2023: The Indian stock market saw a resilient performance, with the bluechip index Nifty 50 registering a return of 3.7 per cent during April-December 2022, and BSE benchmark Sensex closing 3.9 per cent higher at the end of December 2022, from its closing level on March 31, 2022.
Economic Survey said privatisation of Air India re-ignited the privatisation drive, and evidence shows that labour productivity and the overall efficiency of the PSUs disinvested during 1990-2015 has improved.
Economic Survey 2023: India's GDP growth is expected to remain robust in FY24. GDP forecast for FY24 to be in the range of 6-6.8 per cent.
The Economic Survey 2022-23 was tabled in Parliament by Finance Minister Nirmala Sitharaman on January 31. As per the Survey, the 'entrenched inflation' may prolong the tightening cycle and therefore borrowing costs may stay higher for longer.
The country's pharmaceutical exports achieved a healthy growth of 24 per cent in FY21, driven by COVID-19-induced demand for critical drugs and other supplies made to over 150 countries, said the survey tabled in Parliament on Tuesday.
Economic Survey 2023: Housing prices have started to firm up after a two-year COVID lull and unsold inventories have declined on rise in demand, the Economic Survey said on Tuesday.
Economic Survey 2023: While traditional infrastructure sectors including railways have received a renewed push in recent years, sectors such as inland water transport and civil aviation, which have significant untapped potential, are also being encouraged sufficiently.
Economic Survey 2023: The government adopted a multi-pronged approach to tame the increase in price levels and also ensure there has been a significant rise in employement generation.
Forex reserves as of December 2022 end stood at USD 562.72 billion, accounting for 9.3 months of imports.
More than 50 crore Indians have been provided free treatment facility under the 'Ayushman Bharat Yojana', President Droupadi Murmu said on Tuesday.
Talking about the banking sector in India, the Survey said it has also responded in equal measure to the demand for credit as the year on year growth in credit since the January-March quarter of 2022 has moved into double digits and is rising across most sectors.
Economic Survey 2023: Capital expenditure has started pushing private investment and the Budget target of Rs 7.5 lakh crore for the current financial year is likely to be met, the Economic Survey 2022-23 said.
India’s CAD widened to 4.4 per cent of the GDP in the quarter ending September, from 2.2 per cent of the GDP during the April-June period due to a higher trade gap, according to the latest RBI data.
Economic Survey 2023: Reserve Bank of India’s (RBI) projection of retail inflation at 6.8 per cent in the current fiscal is neither too high to deter private consumption, nor so low as to weaken inducement to invest, the Economic Survey said on Tuesday.
Economic Survey 2023: India will remain the fastest-growing major economy in the world, highlighted the Finance Minister while presenting the economic survey.
Economic Survey 2022-23: The Economic Survey 2022-23 was tabled in Parliament by Finance Minister Nirmala Sitharaman on January 31 (Tuesday).
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