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Nirmala Sitaraman Expects India’s GDP to Surpass 6% in FY24, But Warns of Global Growth Uncertainties
Finance Minister Nirmala Sitharaman expressed her concerns regarding the global economic outlook despite India's projected growth rate of over 6% this year.
Upcoming New Offering : Hyundai’s Exter
According to Hyundai, their new SUV, the Hyundai Exter, is made to be the ideal choice for Gen Z buyers that value an active lifestyle and represent "outdoors, travel, and leisure."
Increased IPhone Production In India
Apple has sought revisions to India's labour laws as part of its aim to increase local production and build mega factories.
Signs Of Caution : Widening India’s Trade Deficit
The International Monetary Fund revised its forecast for global growth and issued a warning that a resurgence of instability in the banking sector might further reduce output.
Reuters Reports: RBI Reviewing Potential Buyers for Majority Stake in IDBI Bank
Entities that have expressed interest in the stake include Kotak Mahindra Bank, CSB Bank, and Emirates NBD.
14 April 2023: Petrol And Diesel Price Remains Unchanged Today, Check Rates Of Cities
In the national capital, the petrol rates at Rs 96.72 per litre and diesel costs Rs 89.62 per litre...
ArcelorMittal Contracts with Siemens Gamesa to Build 166 MW Wind Project.
Siemens Gamesa has inked a supply deal with the Indian division of ArcelorMittal for a project of 166 MW in Andhra Pradesh to provide 46 SG 3.6-145 wind turbines
OPD Rate Hike
Union Health Ministry has chosen to modify the Central Government Health Scheme (CGHS) package rates for all beneficiaries and has also made the referral procedure under it simpler for the convenience of the staff.
Inflation Plunges Below Tolerance Band Of 6%
Retail inflation as measured by the Consumer Price Index (CPI) decreased to 5.66%, the lowest in 15 months.
India Likely To Have Stable Debt-To-GDP Ratio
We forecast that the global public debt-to-GDP ratio would reach 100% once more by 2028.
