Wednesday, February 1, 2023
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Export outlook may remain flat in coming year if global growth does not pick up: Economic Survey

India's export growth is likely to be flat in the next fiscal if the global economy does not pick up, said the Economic Survey on Tuesday

India’s services exports to cross USD 300 bn target for this fiscal: Goyal

Outbound shipments from services sector would register about 20 percent growth & cross USD 300 billion target despite global economic uncertainties, said Goyal

Govt may announce PLI scheme for more sectors in budget: Sources

Government is likely to extend fiscal incentives for production of toys, bicycles, leather and footwear in the forthcoming budget to expand reach of PLI scheme

India’s exports in Dec 2022 dipped by 12.2%

India's exports in December 2022 dipped by 12.2 percent to USD 34.48 billion as against USD 39.27 billion, said the data released by Commerce Ministry

India to see USD 58 bn investment in producing oil & gas resources: Puri

India will likely see an investment of USD 58 billion in finding and producing oil and gas resources in 2023, said Hardeep Singh Puri

India’s energy security based on four-plank strategy: Puri

India's four-plank energy security strategy revolves around diversifying sources of supplies, said Hardeep Singh Puri, Oil Minister

India’s economic growth extremely fragile, needs all support: RBI MPC member

India's economic growth is now 'extremely fragile' as private consumption & capital investment are yet to pick up, said RBI MPC Member

Coal India issues orders for 7 projects to be developed by MDOs

CIL said that it has issued orders for seven coal projects to be developed by mine developer and operators (MDOs) for increasing domestic production

India’s steel output grows by 5% to 10.34 MT in Nov: SteelMint

India's crude steel output rose by about five percent to 10.34 million tonne (MT) in November 2022, said SteelMint India

India & UAE Central banks discuss trade in rupee and dirham

Central banks of India and UAE are discussing a concept paper on promoting bilateral trade in rupee and dirham to reduce transaction cost

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