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Business News/ Economy / Economy News Today highlights on November 4, 2024: Monsoon dampens Centre’s excise kitty as diesel consumption falls
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Economy News Today highlights on November 4, 2024: Monsoon dampens Centre’s excise kitty as diesel consumption falls

Economy News Today highlights on November 4, 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.

Latest news on November 4, 2024: Diesel consumption in the six months to September showed less than 1% volume growth in the wake of heavy monsoon showers that experts said could have impacted use of the fuel. Premium
Latest news on November 4, 2024: Diesel consumption in the six months to September showed less than 1% volume growth in the wake of heavy monsoon showers that experts said could have impacted use of the fuel.

Economy News Today highlights on : 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.

04 Nov 2024, 07:29:06 PM IST

Economy News Today Live: Monsoon dampens Centre’s excise kitty as diesel consumption falls

  • Excise duty fetched 1.28 trillion in the April to September period, two-fifths of the Centre's full-year target of 3.19 trillion.
Read the full story here

04 Nov 2024, 04:43:09 PM IST

Economy News Today Live: Indian rupee touches all-time low due to equity outflows from domestic market; US elections in focus

  • Indian rupee along with the country's domestic stock market indices fell on Monday. RBI intervention has made the rupee avoid any sharp decline despite of pressure from outflows, reported the news agency Reuters.
Read the full story here

04 Nov 2024, 01:15:03 PM IST

Economy News Today Live: RBI likely selling dollars to support rupee amid equity outflows : Report

  • The Reserve Bank of India is likely selling dollars to support the rupee amid equity outflows, reported news agency Reuters, citing traders. The development came after Indian Rupees fell to its all-time low 
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04 Nov 2024, 11:34:07 AM IST

Economy News Today Live: India’s manufacturing activity rises in October driven by growth in new orders

  • The PMI has now remained above its long-term average and above the 50-point expansion threshold for nearly three consecutive years, highlighting a steady pace of growth in India's manufacturing sector.
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04 Nov 2024, 05:00:12 AM IST

Economy News Today Live: Weddings spark a bill shock, from venues to flowers

  • Wedding planners in India are preparing for a crucial season post-Diwali, with a projected surge in bookings. Rising costs and a shift to intimate ceremonies are evident, while the hospitality industry expects significant growth driven by wedding-related spending.
Read the full story here

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