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Economy News Today Live: Centre says states should list financially viable power utilities; ₹42 tn investment needed in power sector by 2030
- Power minister said 18 sites have been identified for possible nuclear power plants.
Economy News Today Live: India-Russia pulses trade to strengthen as kharif crop shows resilience
- The discussion comes in the backdrop of imports of Russian lentils and yellow peas helping ease India's supply crunch
Economy News Today Live: India ranks among top 10 globally for patents, trademarks, industrial designs
- Textiles, tools and machines, and health and cosmetics emerged as the leading industries for design applications.
Economy News Today Live: Will October inflation push Q3 print above RBI’s forecast?
- With a higher-than-expected print, inflation may very well be on track to surpass RBI’s forecast of 4.8% for the October-December quarter.
Economy News Today Live: India's retail inflation hits 14-month high at 6.21% in October; IIP expands to 3.1% in September
- India's retail inflation hits 14-month high at 6.21% in October; IIP expands to 3.1% in September 2024
Economy News Today Live: Merchandise exports set for modest rebound, to hit $107.5 billion in Q3: India Exim Bank
- Strong fundamentals and stable demand from key trading partners will fuel growth, though external risks and global volatility remain a concern
Economy News Today Live: Government may ease quarterly capex limits to achieve record ₹11.11 trillion spending goal for FY25: Report
- Federal government spending slowed during April-June due to the national elections, with total expenditure in six months through September at about 44% of the full-year target.
Economy News Today Live: Centre’s net direct-tax revenue grows 15.4% to ₹12.1 trillion in April-Nov
- This is faster than the 12.8% growth rate assumed in the full-year budget presented in July, which gives comfort to policymakers on achieving the full-year target.
Economy News Today Live: Big fat Indian wedding season: ₹1.5 lakh crore boost expected in Delhi-NCR; 48,000 weddings today on Dev Uthani Ekadashi
- According to wedding industry insiders, the surge is attributed to the religious significance of the day, which is considered “abhuj" or auspicious, allowing couples to marry without special planetary consultations.