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Heatwave likely to raise vegetable inflation - The Hindu BusinessLine

Rising vegetable inflation due to heatwave in India impacting headline inflation, with tomato, onion, and potato prices on the rise.

Windfall for govt as RBI transfers record Rs 2 1 trillion for FY24

Windfall for govt as RBI transfers record Rs 2 1 trillion for FY24
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Rs 2 1 lakh crore: RBI s record dividend swells govt coffers

The benchmark bond yield retreated below 7% on expectations that New Delhi would now need to borrow less this fiscal year. “The higher dividend is welcome, of course,” finance secretary TV Somanathan told ET. “It exceeds our estimate by 0.2-0.3% of GDP.” In the interim budget, North Block had factored in receipts of Rs 1.05 lakh crore under dividends and profits.

Indian economy: ICRA predicts Indian GDP to grow at 6 7% in Q4FY24, a four-quarter low

Economists predict India s economy to grow at a four-quarter low of 6.7% in Q4FY24. The growth in 3 FY24 was 8.4%. Agricultural GVA is likely to contract for 2nd straight quarter, amid rabi output concerns. Overall GVA growth expected to ease to 5.7% in Q4, driven by industrial and services sectors. ICRA forecasts FY2024 GDP and GVA growth at 7.8% and 7.0%, respectively.

GDP growth to moderate to a four-quarter low of 6 7% in Q4FY24 from 8 4% in Q3, driven by industrial, services sectors, says ICRA

GDP growth to moderate to a four-quarter low of 6 7% in Q4FY24 from 8 4% in Q3, driven by industrial, services sectors, says ICRA
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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