SEARCH RESULT

Total Matching Records found : 158

Country's trade gap at all time high of USD 26 billion

-The Telegraph The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account The country’s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88 per cent to $66.31 billion in June because of a doubling of oil imports and a spike in the inflow of coal, gold, electronic goods and chemicals. The finance ministry has...

More »

Why India’s trade deficit rose to a record high in June -MG Arun

-IndiaToday.in Higher import values of crude and Petroleum products, coal, coke and electronic goods have contributed to the rise India’s trade deficit—the difference between the value of its imports and exports—rose to a record $25.6 billion this June (about Rs 2 lakh crore), almost three times the figure for the same month last year ($9.61 billion, or about Rs 76,000 crore). The spike was primarily driven by the import cost of petroleum,...

More »

Are we choosing the right solutions for reducing GHG emissions from the transport sector?

The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption.   Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...

More »

Central excise duty on petrol and diesel cut, says FM Nirmala Sitharaman -Vikas Dhoot

-The Hindu The measures included a ₹8 reduction in central excise duty per litre of petrol and a ₹6 cut in the duty on diesel. Finance Minister Nirmala Sitharaman unveiled a slew of measures to rein in runaway inflation on Saturday evening, including duty cuts on Petroleum products, a ₹200 subsidy on LPG cylinders for the poor and a rejig of import duties on plastic and steel products. A reduction in central excise...

More »

Inflation Spiral is Hitting the Working Poor the Hardest -Sanjay Roy

-IPA News Service/Newsclick.in Time is ripe to do away with every central cess on Petroleum products and reject the government’s narrative that the poor are hurt less by higher prices than the rich. The country is in the grip of an inflationary spiral resulting in a galloping price rise of all essential goods used by people. This crushing price burden is making life exceedingly difficult for the rural and urban poor. The retail...

More »

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close