-The Hindu Business Line Trade deficit, PRImary income outweighed services surplus: ICRA India’s current account deficit (CAD) doubled sequentially to an all-time high of $36.4 billion in Q2 FY23 from $18.2 billion in the previous quarter, and was nearly four times higher than the $9.7 billion posted a year ago. CAD for FY22 was at $38.77 billion. The Q2 CAD was equivalent to 4.4 per cent of the country’s GDP as against 2.2...
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Nasal vaccine PRIced at Rs 800 before taxes -GS Mudur
-The Telegraph Centre’s vaccine policy advisers earlier this week approved release of intranasal vaccine into the PRIvate market New Delhi: Indian vaccine maker Bharat Biotech announced on Tuesday that its intranasal Covid-19 vaccine, approved by the Centre as a booster dose, would be available at PRIvate hospitals for Rs 800 plus additional taxes and service charges per dose. People 18 years or older who have taken two doses of Covaxin, Covishield or any...
More »India's basket of crude rises 102% between Oct 2020-Oct 2022: Report
-IANS/ Business Standard According to Petroleum Ministry sources, petrol PRIces stood at Rs 81.06 per litre in October 2020, however by October 2022, they had risen only 19.3 per cent to Rs 96.72 per litre Even as the average PRIce of Indian basket of crude oil increased by 102 per cent (from $43.34 to $87.55) between October 2020 and October 2022, the retail PRIces of petrol and diesel have increased in India...
More »Govt liabilities increase to Rs 147 trillion in September-end
-PTI/ The Telegraph Weighted average yield of PRImary issuances hardened to 7.33 per cent in Q2 FY2023 from 7.23 per cent in Q1 FY2023 New Delhi: The government’s total liabilities increased to Rs 147.19 lakh crore in September-end from Rs 145.72 lakh crore (trillion) at the end of June this fiscal year, according to the latest data on public debt. In percentage terms, it reflects a quarter-on-quarter increase of 1 per cent in...
More »MGNREGA: Central squeeze to cost 30 lakh Bengal families -Basant Kumar Mohanty
-The Telegraph No other state has ever been denied funds for such a long period under the scheme, which provides for up to 100 days of paid, unskilled work to every rural household in a year New Delhi: The Centre’s decision to stop funds to Bengal under the Mahatma Gandhi National Rural Employment Guarantee Act will have denied job opportunities to 30 lakh rural families in the state this year, a study...
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