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Business News/ Economy / Economy News Today highlights on November 20, 2024: Centre eyes 95% of undershot capex target for FY25: Ajay Seth
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Economy News Today highlights on November 20, 2024: Centre eyes 95% of undershot capex target for FY25: Ajay Seth

7 min read . Updated: 20 Nov 2024, 08:36 PM IST
Livemint

Economy News Today highlights on November 20, 2024: From key announcements to major events impacting the micro and macro economy of the country and the world, this platform provides you with all the latest updates on the economy.

Economy News Today Live Updates: Centre eyes 95% of undershot capex target for FY25: Ajay Seth (iStock)Premium
Economy News Today Live Updates: Centre eyes 95% of undershot capex target for FY25: Ajay Seth (iStock)

Economy News Today highlights on November 20, 2024: Stay informed with the latest information and news about the Indian economy, world economy, global indicators, government policy for the economy, and real-time insights on dynamic GDP growth with our live coverage. LiveMint is the one-stop hub for those looking for the latest economic news and willing to understand the intricacies and details of their impact on our daily lives. Catch real-time updates here.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

20 Nov 2024, 08:36:04 PM IST

Economy News Today Live: Centre eyes 95% of undershot capex target for FY25: Ajay Seth

  • By Seth's estimate, the Centre is expected to utilize about ₹10.55 trillion of the capex in FY25.
Read the full story here

20 Nov 2024, 07:51:04 PM IST

Economy News Today Live: Trump isn’t at the G-20 summit but he’s dominating the debate

  • Foreign leaders gathered in Rio de Janeiro seem doubtful that President Biden’s trade, climate and security policies will endure.
Read the full story here

20 Nov 2024, 06:30:19 PM IST

Economy News Today Live: India might overshoot capex target of ₹11.1 trillion for FY25, no downside risk to growth: Economic Affairs Secretary

  • Food prices are a problem area but, other than that, inflation poses no challenge, economic affairs secretary Ajay Seth said at an event in New Delhi.
Read the full story here

20 Nov 2024, 06:18:51 PM IST

Economy News Today Live: UK inflation hits six-month high of 2.3% on high energy bills; BoE stresses on gradual rate cuts

  • UK inflation rose by an annual 2.3% in October, pushed up almost entirely by an increase in regulated domestic energy tariffs, after a 1.7% rise in September which was the first time the inflation rate had fallen below the BoE's target since 2021.
Read the full story here

20 Nov 2024, 05:27:55 PM IST

Economy News Today Live: Donald Trump likely to impose 40% tariff on China imports in 2025, risking growth by 0.5-1% point: Report

  • Donald Trump likely to impose 40% tariff on China imports in 2025, risking growth by 0.5-1% point: Report
Read the full story here

20 Nov 2024, 03:32:06 PM IST

Economy News Today Live: India's services exports to surpass goods exports by FY30, says GTRI report

  • Services exports are projected to be $618.21 billion, slightly higher than merchandise exports at $613.04 billion by FY30, the report said.
Read the full story here

20 Nov 2024, 03:01:49 PM IST

Economy News Today Live: India’s GDP growth likely moderated to 6.5% in Q2, says Icra

  • Icra said it remains optimistic about a recovery in the second half of FY2025, supported by healthy kharif output, improved rural sentiment, and a ramp-up in government spending.
Read the full story here

20 Nov 2024, 02:04:28 PM IST

Economy News Today Live: How the world’s poor stopped catching up

  • Progress stalled around 2015. To restart it, liberalise
Read the full story here

20 Nov 2024, 11:32:35 AM IST

Economy News Today Live: Former RBI Chief Raghuram Rajan urges action on growing US public debt, warns world ‘more prone to pandemics’

  • Former RBI governor Raghuram Rajan warned that high public debt is a vulnerability for the US and other nations, especially in light of potential future pandemics. He urged for debt reduction to prepare for emergencies and facilitate mutual aid among countries.
Read the full story here

20 Nov 2024, 05:05:10 AM IST

Economy News Today Live: Slowdown? Here’s what rich Indians are spending on

  • Indian consumers are cutting back discretionary spending and the slowdown is hurting legacy and new-age consumer companies alike. Nonetheless, rich Indian consumers have continued their spending on various categories. Mint explains the shifts in premium, urban consumer demand.
Read the full story here

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