ECONOMY NEWS

Headlines:

Indian stocks edge higher in lackluster trade; ITC up 3%

PM releases 8th installment worth over Rs 20,000 cr to 9.5 cr farmers under PM-KISAN  -   14/05/2021 15:32
P rime Minister Narendra Modi on Friday released the eighth installment of over Rs 20,000 crore to more than 9.5 crore farmer beneficiaries under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on Friday via video-conferencing. Agriculture Minister...
RBI Announces Second Tranche Of Open Market Purchase of Government of India Securities Under G-SAP 1.0  -   14/05/2021 12:12
T he Reserve Bank will conduct the second tranche of open market purchase of government securities of ?35,000 crore under the G-sec Acquisition Programme (G-SAP 1.0) on May 20, 2021, as announced in Governor's statement of May 05, 2021. Accordingly, the Rese...
Govt approves procurement of 1.5 lakh units of DRDO"s "Oxycare" system  -   12/05/2021 18:07
T he government on Wednesday approved the procurement of 1,50,000 units of "Oxycare" system developed by the Defence Research and Development Organisation (DRDO) to help in the treatment of COVID-19 patients. Oxycare is an oxygen supply system bas...
Indian economy in better shape compared to previous COVID-19 wave: CEA  -   16/04/2021 18:43
T he Indian economy is in a better shape as compared to the previous COVID-19 wave witnessed last year because of vaccines, Chief Economic Adviser K V Subramanian said on Friday. Speaking at an event organised by e-commerce major Amazon, he said uncertainty...
Exports up 60.29% in Mar but decline by 7.26 % in FY21  -   15/04/2021 18:20
T he country's exports jumped by 60.29 per cent to USD 34.45 billion in March even as the outbound shipments contracted by 7.26 per cent during the full 2020-21 fiscal to USD 290.63 billion. Imports too grew by 53.74 per cent to USD 48.38 billion in March,...
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