expenditure

  1. Moody's projects 6.8 per cent GDP expansion in 2024 based on strong growth, continuation of post-poll policy

    Moody's projects 6.8 per cent GDP expansion in 2024 based on strong growth, continuation of post-poll policy

    New Delhi: Moody's Ratings on Friday projected India's growth to be at 6.8 per cent in the current year, followed by 6.5 per cent in 2025 on the back of strong economic expansion as well as continuity of post-poll policy.India's real GDP is expected to grow by 7.7 per cent in 2023 from 6.5 per...
  2. Outlook of Indian economy bright, 7 percent growth likely in 2024-25: RBI

    Outlook of Indian economy bright, 7 percent growth likely in 2024-25: RBI

    The Indian economy grew at a strong pace in 2023-24 against the backdrop of subdued global economic activity and various headwinds, with real GDP growth accelerating to 7.6 per cent from 7.0 per cent last year – the third consecutive year of 7 per cent growth. Or an increase above that, the...
  3. NCCD is revising cold chain norms; To act as a road-map for Central, State Government bodies

    NCCD is revising cold chain norms; To act as a road-map for Central, State Government bodies

    New Delhi, National Center for Cold-Chain Development (NCCD) is revisiting the technical standards and minimum guidelines for cold-chain components to be implemented by all central and state government bodies setting up cold-chain facilities across the country. Will serve as a road-map for...
  4. Nepal's budget focuses on hydropower, electricity export to Bangladesh starts from next year

    Nepal's budget focuses on hydropower, electricity export to Bangladesh starts from next year

    KATHMANDU [Nepal], Nepal has focused its attention on power generation and export to Bangladesh from the next financial year 2024-25, Finance Minister Varsha Man Pun said while unveiling the budget to a joint session of Parliament on Tuesday. Addressing, the Minister said that “the budget of NRs...
  5. ICEA expresses concern over no breakthrough in electronics display manufacturing despite capital expenditure support

    ICEA expresses concern over no breakthrough in electronics display manufacturing despite capital expenditure support

    New Delhi Mobile phone manufacturers' body ICEA has expressed concern over the progress in display manufacturing despite the government's capital expenditure support, the industry body said on Tuesday.India Cellular and Electronics Association (ICEA), whose members include Apple Foxconn...
  6. Global companies should take advantage of local display manufacturing opportunities in India: Industry leaders

    Global companies should take advantage of local display manufacturing opportunities in India: Industry leaders

    The demand for displays in the Indian market is likely to increase to $6 billion by 2025.The domestic display manufacturing industry is projected to grow at a CAGR of 29.5 percent due to the expected surge in local manufacturing of mobile phones, TVs and IT hardware products.“We have...
  7. Modi government is committed to taking forward the ongoing reforms with state-of-the-art technology and transparency: Sitharaman

    Modi government is committed to taking forward the ongoing reforms with state-of-the-art technology and transparency: Sitharaman

    New Delhi [India], Amid the Lok Sabha elections, Union Finance Minister and BJP leader Nirmala Sitharaman said the government is committed to harnessing cutting-edge technology, enhancing transparency and taking forward the ongoing reforms to lay a strong foundation for a developed India.In a...
  8. Pakistan is using terrorism as an instrument of state policy against India: Union Minister Puri

    Pakistan is using terrorism as an instrument of state policy against India: Union Minister Puri

    Chandigarh, Union Minister Hardeep Singh Puri on Sunday accused Pakistan of using terrorism as an "instrument of state policy" against India and said under the Modi government, India has sent a clear message to the neighboring country. That he will eliminate the terrorists in his area.Speaking...
  9. Union Minister Hardeep Singh Puri says India's GDP is US$3.95 trillion

    Union Minister Hardeep Singh Puri says India's GDP is US$3.95 trillion

    Chandigarh [India], Union Minister Hardeep Singh Puri lauded the government's efforts to strengthen the Indian economy in the last 10 years under Narendra Modi as Prime Minister. Speaking in Chandigarh on Sunday, Puri said, "According to the public data released by the IMF, our GDP is US$ 3.95...
  10. Election expenditure observer inspects CM Sukhu's helicopter

    Election expenditure observer inspects CM Sukhu's helicopter

    Hamirpur (Himachal Pradesh), Election officials on Friday inspected the helicopter of Himachal Pradesh Chief Minister Sukhwinder Singh Sukhu ahead of the upcoming elections in the state.Expenditure supervisor Kundan Yadav inspected the helicopter at Dhaliyara, which falls under Dehra assembly...
  11. Maharashtra: Notice sent to his NCP (SP) rival Pankaja Munde on election expenses

    Maharashtra: Notice sent to his NCP (SP) rival Pankaja Munde on election expenses

    Notices have been sent to Chhatrapati Sambhajinagar, BJP candidate from Beed Lok Sabha seat and former Maharashtra minister Pankaja Munde and NCP (SP) candidate from this seat over alleged irregularities in their election expenses, an official said on Wednesday.District Election Officer and...
  12. BJD moves Election Commission against BJP's Sambit Patra for using Jagannath temple photo in advertisement

    BJD moves Election Commission against BJP's Sambit Patra for using Jagannath temple photo in advertisement

    Bhubaneswar, Odisha's ruling Biju Janata Dal (BJD) on Wednesday filed a complaint with the Election Commission (EC) against BJP's Puri parliamentary constituency candidate Sambit Patra for using the photograph of Shri Jagannath Temple in an advertisement released by him in the local media. Filed...
  13. Private capital expenditure will pick up in the second half of FY2025; Investment will increase from hotel, tourism: Chief Economist of Kotak Bank

    Private capital expenditure will pick up in the second half of FY2025; Investment will increase from hotel, tourism: Chief Economist of Kotak Bank

    New Delhi: Kotak Mahindra Bank Chief Economist Upasana Bhardwaj on Tuesday said private sector growth in sectors such as hotels and tourism will pick up in the second half of the current financial year following strong government-led capital expenditure to boost infrastructure creation...
  14. Wheels India sets Rs 200 capex plan for FY25

    Wheels India sets Rs 200 capex plan for FY25

    CHENNAI: Wheels India Ltd, a steel wheel maker for trucks, agricultural tractors, passenger vehicles and construction equipment, plans Rs 200 crore as capital expenditure for the current financial year, a top official has said.The capital expenditure will be spent on offload tractors...
  15. Rs 8,889 crore including drugs seized so far during Lok Sabha elections

    Rs 8,889 crore including drugs seized so far during Lok Sabha elections

    New Delhi [India], The Election Commission of India (ECI) on Saturday said the election-time seizure tally has reached Rs 8,889 crore, with drugs accounting for 45 per cent of the total seizures. This resulted in massive seizure operations and maximum increase in drug seizures. This significant...
  16. PM's active role, personal monitoring responsible for changes in infrastructure sector, says FM

    PM's active role, personal monitoring responsible for changes in infrastructure sector, says FM

    New Delhi, Finance Minister Nirmala Sitharaman on Wednesday said Prime Minister Narendra Modi's active role and personal monitoring is responsible for the transformation in the infrastructure sector, which had suffered due to policy paralysis during the UPA regime.Unlike the previous regime...
  17. HDFC Bank says 6-7 percent of total annual spend is on technology

    HDFC Bank says 6-7 percent of total annual spend is on technology

    Mumbai: HDFC Bank, the country's largest private sector lender, spends 6-7 per cent of its total expenditure every year on technology-related aspects, a senior official said on Tuesday.Parag Rao, head of payments and consumer finance at HDFC Bank, said the bank is investing in digital...
  18. AI spending in India could triple to US$5 billion by 2027: Report

    AI spending in India could triple to US$5 billion by 2027: Report

    New Delhi: A report by Intel-IDC released on Tuesday said that the expenditure on Artificial Intelligence (AI) in the country may increase three times to US $ 5 billion by 2027.According to the report, entities in India spent US$1,703.8 million on AI i 2023."AI spending in India is expected...
  19. Large PSUs spent Rs 50,200 crore in capital expenditure in April

    Large PSUs spent Rs 50,200 crore in capital expenditure in April

    NEW DELHI: Major public sector companies have spent a little over Rs 50.20 crore for capital expenditure in April FY2015 alone, which is 6.46 per cent of their full fiscal target of Rs 7.77 lakh crore, an official said. .Although the pace is slower than the capital expenditure of Rs 54,177...
  20. Adani Enterprises will invest Rs 80 thousand crore in the current financial year

    Adani Enterprises will invest Rs 80 thousand crore in the current financial year

    New Delhi: Adani Enterprises, the flagship company of billionaire Gautam Adani-led conglomerate, which has interests ranging from new energy to airports and data centres, plans to spend Rs 80,000 crore across various businesses in the current financial year, the company said. said a senior...
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