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Oil prices a concern but...

NEW DELHI: The government is comfortable...

Lic: LIC employees, agents to...

The finance ministry on Monday announced...

Oil prices a concern but not alarming yet: Finance ministry

NEW DELHI: The government is comfortable with its estimate of 6.5% growth for 2023-24 but the recent surge in global crude oil prices is a concern although not alarming yet, the finance ministry's monthly economic report for August said on Thursday."As always, risks remain. Crude oil prices are steadily climbing. The monsoon deficit in August could impact both Kharif and Rabi crops. That needs to be assessed. However, it is heartening that rains in September have erased a portion of the rainfall deficit at the end of August,"...
Karl Jörg -
Business Profiles

Oil prices a...

NEW DELHI: The government is comfortable with its estimate of 6.5% growth for 2023-24 but the recent surge in global crude oil prices...
Karl Jörg -
Business Profiles

Lic: LIC employees,...

The finance ministry on Monday announced a series of steps that will benefit around one lakh employees of LIC and 13 lakh agents...
Karl Jörg -
Global News

Uditha Jayasinghe: Sri...

COLOMBO: Sri Lanka has accepted offers to exchange about $10 billion worth of defaulted local debt for new bonds, the Finance Ministry said...
Karl Jörg -
Business Profiles

GST collections up...

NEW DELHI: GST collections rose 10.8% to Rs 1,59,069 crore in August, as the mop-up suffered due to rain related disruptions in some...
Karl Jörg -
Business Profiles

Centre’s priority is...

NEW DELHI: Union finance minister Nirmala Sitharaman on Friday said that taming inflation to ensure sustained economic growth is the Centre's "priority".She was...
Karl Jörg -
Business Profiles

Finance Ministry: EPFO...

The Employees' Provident Fund Organisation (EPFO) has initiated discussions with the finance ministry regarding the potential reinvestment of its entire redemption proceeds from...
Karl Jörg -
Business Profiles

Increased private investment...

Infrastructure departments have received a directive from the finance ministry to identify potential projects for private partnership, according to an ET report. The...
Karl Jörg -
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