India’s recent strong economic growth of 7.8% in the April-June quarter is likely overstated due to statistical factors, particularly a lower deflator. Economists suggest the deflator, influenced by volatile food prices and wholesale price index, artificially inflated the headline figure.…
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India has launched a network of advanced biomanufacturing hubs to boost its bioeconomy and drive innovation across sectors like health, agriculture and energy. This initiative, under the BioE3 Policy, provides state-of-the-art infrastructure and expertise to startups and researchers. India aims…
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India collected Rs 1.86 lakh crore as goods and services tax in August, 6.5% higher than the same period last year, showed government data on Monday. For the previous month, India’s gross Goods and Services Tax (GST) collection stood at…
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TCA Kalyani, a 1991-batch officer of the Indian Civil Accounts Service (ICAS), on Monday assumed charge as the new Controller General of Accounts (CGA) in the country.
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While Russian oil shipments saw a temporary dip, exports to India are expected to rise. Investors are closely watching the upcoming OPEC+ meeting and U.S. labor market data for further economic cues.
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In a significant diplomatic encounter in China, Narendra Modi and Vladimir Putin shared a moment of camaraderie, with Putin referring to Modi as a ‘dear friend.’ The two leaders explored avenues for collaboration across multiple sectors, highlighting the robust ties…
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