Gujarat replaces UP as top investment destination in 2023-24
In 2023-24, Gujarat surpassed Uttar Pradesh in attracting bank funds for projects. Gujarat secured funding for 154 projects, accounting for…
Economy
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Company registrations dip 11% in July, LLPs’ rise 21%
The Company registrations decreased by almost 11% year-on-year in July, following a 12% increase in June. A total of 14,887…
Why RBI may not cut rates despite a fall in retail inflation
The Reserve Bank of India (RBI) has put to rest the debate over a proposal to ignore the food price…
Net direct tax collection rises 22.5% to Rs 6.93 trillion till August 11
India’s net direct tax collection, with refunds adjusted, grew 22.5% to Rs 6.93 trillion between April 1 and August 11…
IIP growth eases to 5-month low of 4.2% in June
In the use-based category, consumer durables output growth ebbed to a six-month low of 8.6% in June, while that of…
Food inflation falls to 13-month low to 5.42%
Favorable base, sequential decline in vegetable prices key reasons. Retail food inflation dropped sharply to a thirteen-month low to 5.42%…
Core industries growth skids to 20-month low of 4% in June
High base effect, onset of monsoon among reasons for moderation in overall output growth, say experts. Pulled down by a…
Wholesale inflation soars to 16 months high of 3.4%
The wholesale price inflation surged to 16 months high in June as food and manufactured product prices shot up. Data…
With geo-political concerns, engineering firms nudge suppliers to ‘Make in India’
In a bid to find a long-term fix to unrelenting geo-political concerns, Indian engineering and capital goods firms are looking…
4.05 lakh businesses based in State closed since GST rollout
Ahmedabad: While the goods and services tax regime aimed at improving business ease and simplifying taxes, some 4.05 lakh businesses…