The current account deficit (CAD) was 3.8 per cent of GDP or USD 30.9 billion in July-September quarter in 2022-23.
Homegrown FMCG and Ayurvedic products maker Dabur will challenge the same based on strong merits by filing its reply before the relevant authorities, Dabur India said in a regulatory filing.
A special court in Mumbai took cognizance of the CBI chargesheet on Wednesday, and issued summons to the accused to appear before it next month.
India’s demand for electricity for running household air conditioners is estimated to expand nine-fold by 2050 and will exceed total power consumption in the whole of Africa today, the International Energy Agency (IEA) said on Tuesday.
Passenger vehicle wholesales in India rose 9 per cent year-on-year in August on the back of strong demand for utility models, industry body SIAM said on Monday.
The Russian government has approved some changes to its fuel export ban, lifting the restrictions for fuel used as bunkering for some vessels as well as diesel with high content of sulphur, a government document showed on Monday.
The “two-pillar” system is expected to ensure a fairer distribution of profits and taxing rights among countries with respect to big multinational companies in a digital world.
Three sources said the target fund raise of $2.5 billion is part of a combined $3.5 billion target the firm has set for itself, a part of which — $1 billion — came from Qatar Investment Authority (QIA) and was announced last month
“In Q1 of 2023-24, the discrepancy of 2.8 per cent has a plus sign. This indicates that the expenditure side has explained only 97.2 per cent of the income side,” V Anantha Nageswaran said in an op-ed article.
Rising political tension may contribute to downgrade, says agency, cites Manipur