UPSC News | Economy

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  • | The Hindu
  • | The Hindu
  • Latest News , Latest News Live and Breaking News Today | Frontline
Core sectors grow 12.1% in October

India’s GDP grew 7.6% in the July to September 2023 quarter [...]

Walmart announces $1.2mn grant to Transform Rural India Foundation

“The grant will be used in a two-year project that will focus on creating ten self-sustainable women-led FPOs and a platform for women farmers to strengthen and diversify their livelihoods,” Walmart Foundation said. [...]

I-T dept conducts probe at Hinduja Global Solutions

The survey operation is being undertaken as part of a tax evasion investigation and offices in Mumbai and some other cities are being covered, they said. [...]

Diamond trade polishes its act as Russia sanctions loom

In Antwerp's renowned diamond district, polishing "labs" are turning to blockchain technology to prove their gemstones come from legitimate mines in Africa, Australia or Canada and not Russia. [...]

20 critical mineral blocks to go on sale

Critical minerals cater to the needs of sectors such as renewable energy, defence and agriculture. [...]

GST revenues rise to ₹1.68 lakh crore in November; fastest growth this fiscal

This is the fastest uptick in tax collections so far in 2023-24, surpassing the 10-month high growth of 13.4% recorded in October [...]

RBI says ₹2,000 banknotes worth ₹9,760 crore still in circulation

RBI said the notes amounted to ₹3.56 lakh crore on May 19, 2023. The value in circulation on November 30 had nosedived to ₹9760 crore [...]

Manufacturing recovers in November, but export orders growth lowest since June

Surveyed firms’ outlook on future prospects remained favourable in November [...]

GDP surges 7.6% in Q2, goes past RBI forecast

Manufacturing GVA registers the fastest uptick in nine quarters to rise 13.9% between July and September; growth is expected to moderate in the second half of 2023-24 [...]

In spot bitcoin exchange-traded fund race, pioneers stick to the sidelines

Demand for a bitcoin exchange-traded fund is expected to draw in as much as $3 billion from investors in the first few days of trading; yet big names in the cryptocurrency space are steering clear on concerns that the field is too crowded and the regulatory and marketing costs are too prohibitive [...]

S&P ups India's FY'24 growth forecast to 6.4%, robust domestic momentum to offset headwinds

S&P Global Ratings cut the growth estimates for the next fiscal (2024-25) to 6.4%, from 6.9%, as it expects growth to slow on a higher base [...]

Can dollarisation save an economy? | Explained

Javier Milei, the recent winner of Argentina’s presidential election, has drawn attention for his unconventional policies, one of them being the plan to replace the country’s currency of peso with the dollar. While the experiences of some countries hold out promise, there are multiple challenges as well [...]

Can Governors “kill” Bills passed by Assembly?

The Supreme Court’s strictures on the conduct of R.N. Ravi expose the Tamil Nadu Governor’s scant regard for the Apex court’s rulings. [...]

Javier Milei: Can Argentina’s rabble-rouser turn realist?

As he takes office on December 10, the 53-year-old economist-turned-politician has significantly toned down his rhetoric. [...]

NFT: Bubble burst for now, but is there a future?

The digital assets, which were a pandemic curiosity, experienced a massive rise in value before a huge crash. [...]

Is Maldives President Muizzu softening his stance on Indian troops? 

Despite a campaign promise to withdraw the Indian military, Muizzu meets with Modi and agrees to deepen bilateral ties. [...]

Remembering B.N. Goswamy

The art historian who unveiled the soul of Indian art. [...]

Henry Kissinger: Farewell to arms

The former US Secretary of State was widely reviled as a war criminal but much admired in the US. [...]

Faith and felines
India saw extreme weather events almost every day from Jan to Sep 2023: report

The Centre for Science and Environment said that 2,923 people died, 80,000 homes were destroyed, and more than 92,000 animals were killed. [...]

COP28 opens in Dubai with landmark Loss and Damage Fund, setting an ambitious agenda for climate talks

Finance, adaptation, and fossil fuels are in focus, as countries strive to reach a comprehensive, impactful Global Climate Agreement. [...]

Henry Kissinger (1923-2023): Controversial US diplomat shaped history, for better or worse

Kissinger’s conservative outlook in determining US foreign policy earned him the wrath of human rights advocates during the 1970s. [...]

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