UPSC News | Economy

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Economy

  • Industry News, Company News, Manufacturing News, Service Sector | The Hindu
  • Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu
  • India’s National Fortnightly Magazine
ICICI Bank Q4 net climbs 17.4% to ₹10,708 cr.; total loans in India rise 16.8%

Lender’s net interest income rises by 8.1% YoY to ₹19,093 crore, net interest margin dips to 4.4% in quarter; Total deposits grow 19.6% to ₹14,12,825 cr. as on March 31; Gross NPA ratio eases to 2.16% [...]

U.S. food regulator gathering information on MDH, Everest spices after alleged contamination

Hong Kong this month suspended sales of three MDH spice blends and an Everest spice mix for fish curries. Singapore ordered a recall of the Everest spice mix as well, saying it contains high levels of ethylene oxide. [...]

SMIORE is the fifth-largest iron ore miner in Karnataka and the third-largest miner of manganese ore in India and is the flagship business of the royal family of Ghorpade [...]

U.S. probes whether Tesla Autopilot recall did enough to make sure drivers pay attention

The U.S. government’s auto safety agency is investigating whether last year’s recall of Tesla’s Autopilot driving system did enough to make sure drivers pay attention to the road [...]

Russian state-owned reinsurer backs three insurers for Indian marine insurance, facilitating trade amid Western sanctions and oil price caps [...]

Swiggy secures shareholders' nod to raise over ₹10,400 crore via IPO

Swiggy plans to raise up to ₹3,750 crore funds through fresh equity shares, in addition to an offer-for-sale component of up to ₹6,664 crore, according to sources [...]

IndiGo announces foray into widebody aircraft

Airline says it has agreed to order 30 Airbus A350-900 aircraft; deliveries expected to start from 2027 [...]

Tech companies plug into India's smaller cities for talent

Indian IT firms are moving to smaller cities like Madurai, offering cost efficiency and talent opportunities post-pandemic [...]

Emphasise domestic IP, photomask subsidy for semiconductors: ICEA

The electronics industry body provided some suggestions for making sure India’s semiconductor is able to compete globally. [...]

RBI’s latest recommendations to regulate payment aggregators in offline spaces | Explained

The Reserve Bank of India (RBI) has floated two consultation papers seeking enhanced regulation of payment aggregators carrying out face-to-face transactions. It also seeks to strengthen the ecosystem’s safety. [...]

China's share in India's industrial goods imports jump to 30% from 21% in last 15 years: GTRI

The Indian government and industries must evaluate and potentially recalibrate their import strategies, fostering more diversified and resilient supply chains, GTRI founder Ajay Srivastava said [...]

Centre allows 99.5k tons of onion exports to 6 neighbouring nations

Centre allows export of 99,500 tonnes of onions from Maharashtra to six countries despite domestic ban [...]

Cuba’s cash crunch leads to long lines and growing frustration

Alejandro Fonseca stood in line for several hours outside a bank in Havana hoping to withdraw Cuban pesos from an ATM [...]

Centre allows export of 2,000 tonnes of onions

Gujarat is the predominant producer and exporter of white onions in the country, with Bhavnagar and Amreli — which go to the polls on May 7 — accounting for a large part of the produce; shipments must go through three specified ports in Gujarat and Mumbai [...]

Resilient economy, price stability to support India's promising growth story: FinMin report

Global slowdown led to a moderation in India's merchandise exports and imports, the report said adding that the slowing of trade has resulted in the merchandise trade deficit narrowing in FY2023-24, as exports have shown a smaller contraction than imports. [...]

As India develops, problem of high food inflation will get less severe: RBI MPC member Ashima Goyal

As the weight of food in consumption falls and food consumption itself becomes more diversified, the impact and size of future food price shocks falls, she noted [...]

Extreme weather may pose risk to inflation, says RBI Bulletin

The retail based on the Consumer Price Index (CPI) has eased to 4.9% in March after averaging 5.1% in the preceding two months [...]

Combined manufacturing, services output rose at the fastest pace in nearly 14 years: Flash PMI data

Export orders reckoned to have clocked their highest uptick in 115 months, while combined output growth in surveyed Manufacturing and Services firms hit a ‘nearly’ 14-year high [...]

Congress says will move Supreme Court if EC does not act on complaint against Modi

It matters that the EC makes a decision on the issue, the lack of which is ‘certainly actionable and justiceable’, says Abhishek Singhvi [...]

Pakistan hopes to get new IMF loan by early July: Finance Minister

Pakistan's current $3 billion arrangement with the IMF runs out in late-April [...]

‘People don’t see the Congress fulfilling their aspirations’: Onkar Singh Lakhawat

Senior BJP leader and Convener of the Lok Sabha Co-ordination Committee for Rajasthan says the NDA will all the 25 Lok Sabha seats in the State. [...]

BJP faces uphill battle in Rajasthan as anti-incumbency and shifting alliances challenge its dominance

The party that made a clean sweep of all 25 Lok Sabha seats in 2014 and 2019 may face a tough contest from Congress and allies in 10 seats. [...]

Leaders trade insults, play identity politics while unemployment rages in Bihar’s Seemanchal-Kosi region

Caste, identity politics and regional rifts dominate the campaign as parties strive for dominance, mainly in Muslim-dominated Kishanganj and Katihar. [...]

‘Nyay Patra’ vs ‘Modi ki Guarantee’: Free citizens or wards of the state?

The Congress and BJP manifestos are unflatteringly similar, but with one crucial difference: the empowerment of citizens. [...]

‘There is an undercurrent against Modi’: Jignesh Mevani

The Dalit leader and MLA from Gujarat says BJP’s rhetoric is about Hindu-Muslim issues, and not about employment, development, or social equality. [...]

Children in war zones face permanent mental health consequences, trauma

Growing up in a war zone affects millions of children around the world permanently. [...]

Are we losing the global battle against malaria?

After two decades of decline, cases worldwide have remained steady since 2015. Why have control efforts stalled? [...]

The Frontline Election Dossier on Uttar Pradesh 

As Uttar Pradesh enters the second phase of elections, here is a curated series of special reports with insights into its complex politics. [...]

Can the reunion of Maharashtra’s erstwhile ruling classes challenge BJP’s entrenched dominance?

The Deshmukhs and the Patils are silently uniting to regain power, marking the start of a revival that largely favours the Congress. [...]

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