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

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

PSU Watch Bureau -
Outbound shipments from services sector would register about 20 percent growth & cross USD 300 billion target despite global economic uncertainties, said Goyal
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Govt may announce PLI scheme for more sectors in budget: Sources

PSU Watch Bureau -
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
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India’s exports in Dec 2022 dipped by 12.2%

PSU Watch Bureau -
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
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India to see USD 58 bn investment in producing oil & gas resources: Puri

PSU Watch Bureau -
India will likely see an investment of USD 58 billion in finding and producing oil and gas resources in 2023, said Hardeep Singh Puri
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India’s energy security based on four-plank strategy: Puri

PSU Watch Bureau -
India's four-plank energy security strategy revolves around diversifying sources of supplies, said Hardeep Singh Puri, Oil Minister
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India’s economic growth extremely fragile, needs all support: RBI MPC member

PSU Watch Bureau -
India's economic growth is now 'extremely fragile' as private consumption & capital investment are yet to pick up, said RBI MPC Member
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Coal India issues orders for 7 projects to be developed by MDOs

PSU Watch Bureau -
CIL said that it has issued orders for seven coal projects to be developed by mine developer and operators (MDOs) for increasing domestic production
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India’s steel output grows by 5% to 10.34 MT in Nov: SteelMint

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

India & UAE Central banks discuss trade in rupee and dirham

PSU Watch Bureau -
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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PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.

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