ii.PNB disclosed its financed emissions in the Financial Year 2023-24 (FY24) Business Responsibility and Sustainability Report(BRSR)using the PCAF Standard. iii.The decision supports the Reserve Bank of India’s (RBI) draft framework on climate-related financial risk disclosures, effective from FY...
In FY 2023–24, India imported USD 8,946 million worth of textiles and apparel, a 15% decrease from the previous fiscal year. Compared to the same period last year, imports in the first half of FY 2024–25 fell by 1% to USD 5,425 million. At USD 1,859 million, or 34% of total...
current account deficit of $9.7 billion in the three months to June of 2024, widening from the revised $8.9 billion in the corresponding period of the previous year. The widening was largely due to a sharp rise in the merchandise trade deficit ($65.1 billion vs $56.7 billion in FY20......
ii.Growth:India’s real gross domestic product (GDP) growth for FY24 was projected at 6.5% with 8 percent in Q1, 6.5 percent in Q2, 6 percent in Q3, and 5.7 percent in Q4. iii.Inflation:Consumer Price Index (CPI) inflation was projected at 5.1 percent in FY24, with 4.6 percent in...
India’s net direct tax collections grew17.7%in2023-24to hit ₹19.58 lakh crore. About The Budget Estimates (BE) for Direct Tax revenue in the Union Budget forFY 2023- 24were fixed at Rs. 18.23 lakh crore which were revised and the Revised Estimates (RE) were fixed at Rs. 19.45 lakh...
India produced 24.46 lakh tonnes (LT) of primary aluminium in FY 2024-25 (April–October) compared to 24.17 LT in the same period the previous year, a slight 1.2% rise. More significantly, refined copper production increased by 6.0%, from 2.83 LT to 3.00 LT. ...
4,500 crore in FY 2018-19 and Rs.1,500 crore in FY 2019-20 respectively. The Cabinet also approved an increase in the authorized capital of Exim Bank from Rs. 10,000 crore to Rs. 20,000 crore. The recapitalisation bonds will be on the lines issued to Public Sector Banks. Exim ...
FICCI's :(Federation of Indian Chambers of Commerce and Industry) economic outlook survey projected India's median GDP (Gross Domestic Product) 7.1% for FY20 and 7.2% for FY21. The survey was conducted among economists belonging to the industry, banking and financial services sectors of Survey...
The National Infrastructure Pipeline (NIP)for FY 2019-25 aims to provide world-class infrastructure to citizens and improve their quality of life. The roads sector is likely to account for 18% capital expenditure over FY 2019-25. National Monetisation Pipeline (NMP):The strategic objective of the...
KION Group achieves strong results and increases profitability in the first nine months of FY 2024 Download Image Download PDF 08. October 2024-10-08 KION Group and Eurofork sign strategic partnership Download Image Download PDF 02. October 2024-10-02 KION Group opens Center of Excell...