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Monday, February 6, 2023
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Economy

BMC Budget 2023: Mumbai Municipal Corporation Introduces Rs 52,619 Crore Fund

INDIA. Mumbai: India’s richest civic body, the Brihanmumbai Municipal Corporation (BMC), tabled a Rs 52,619.07 crore budget estimate for 2023–24, thus crossing the Rs 50,000...

Railway Budget 2023: Funds Passed for New Hydrogen Trains and Vande Metro

INDIA: The new Union Budget of 2023-24 brought the highest-ever fund allocation of Rs 2.41 lakh crore for Indian Railways. The Ministry of Railways has...

The Union Budget Hikes Capital Investment by 33 Percent

INDIA. Mumbai: Union Finance Minister Nirmala Sitharaman presented the Union Budget for 2023-2024 estimates with a mega push for capital spending on infrastructure and simultaneously...

Economic Survey 2023: FDI Equity Inflows Fell Due to Russia-Ukraine Conflict

INDIA. Mumbai: The Economic Survey of India 2022-2023 tabled by the Union Finance Minister Nirmala Sitharaman in Parliament on Tuesday unveiled the financial status of...

UK is the Only G7 Economy Predicted to Shrink in 2023

UNITED KINGDOM: Britain (UK) is anticipated to be the only major industrialised nation to see an economic recession this year because of Liz Truss's...

Nordic Nations Leading with Lowest Poverty Rates in the World

INDIA: Poverty is one of the most despicable banes of humankind and a festering disease afflicting nearly every country across the globe. While many nations...

Asian Markets Hold up while Wall Street Declines, China Trade Disappoints

CHINA: Early on Monday, China's trade data showed that imports and exports both declined by 0.7% and fell significantly short of expectations.As the business has warned that COVID regulations in China...

Spain’s Unemployment Rate Spikes up to 12.67% in Q3 Amid High Inflation

SPAIN: Unemployment rates have spiked in Spain as numbers went up to 12.6% in the third quarter from 12.48% in the previous quarter. Overall...

Soaring Inflation in Australia Hits Record 32-year High

AUSTRALIA: Amidst a severe crisis of food grains and energy resources due to the raging Russia-Ukraine conflict, international markets and foreign economies have been...

Nirmala Sitharaman Highlighted the Issues of Decline in India’s Foreign Exchange Reserves

INDIA: In an ongoing annual meeting of the World Bank and the International Monetary Fund (IMF), India's Finance Minister Nirmala Sitharaman highlighted the issues...

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