[ad_1] At the foothills of the Himalayas, in the city of Dehradun, India’s government is working on a jet fuel it hopes can help clean up the smog hanging over its big cities. There — on a sprawling 300 acre tea estate where leopards and deer can be spotted — scientists are […]
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[ad_1] India’s merchandise exports contracted for the first time in two years, in October, as slowing external demand amid recession fears in the West started impacting shipments from the country, further exacerbated by a higher number of holidays during the festival month. The exports declined 16.65 per cent in October to $29.78 billion, the data […]
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[ad_1] The Reserve Bank of India’s (RBI’s) foreign exchange reserves declined by $1.1 billion to $529.99 billion in the week ended November 4, latest data released by the central bank showed. The data released last week showed that in the week ended October 28, the RBI’s reserves had risen by $6.6 billion, […]
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[ad_1] Rating agency Moody’s on Friday slashed India’s gross domestic product (GDP) growth projections for 2022 calendar year to 7 per cent from 7.7 per cent estimated earlier citing global slowdown, elevated inflation, and rising domestic interest rates as dampeners for growth momentum in India. The agency expects India’s growth to further […]
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[ad_1] India’s stage of groundwater extraction, which is the percentage of utilisation of groundwater against recharge, has dropped from 61.6 per cent in 2020 to 60.08 per cent in 2022, according to the latest report on the National Compilation of Dynamic Ground Water Resources in India. In 2022, around 87 per cent […]
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[ad_1] Even as merchandise export growth fell to single digits in three months, services exports continued to remain robust and witnessed 25-30 per cent growth since the beginning of the current fiscal year (July-September), reveals official government data. Notwithstanding the threat of a recession looming ahead for the developed economies, exporters say […]
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[ad_1] Narendra Modi is spending billions of dollars on self-reliance. On roads and in factories, the Indian prime minister’s slogan translates to generous subsidies for homemade electric-vehicle batteries, solar panels and green hydrogen — anything that can help cut an outsized dependence on Middle Eastern crude oil. There is, however, another imported oil the […]
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[ad_1] India’s gold demand has reached pre-pandemic levels and has witnessed an annual growth of 14 per cent during the July-September quarter at 191.7 tonnes mainly driven by strong consumer interest, according to a World Gold Council (WGC) report. According to the ‘Gold Demand Trends Q3 2022’ report by WGC, the total […]
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