Highlights include Upper House passing the Oilfields Amendment Bill to attract foreign investment, while the Lower House approves banking law changes. India also joins the top 10 global exporters, with sectors like petroleum oils and semiconductors driving growth.
Highlights include a breakthrough in the parliamentary deadlock with Constitution discussions set for mid-December, India’s domestic aviation market becoming the world’s third-largest, and the government scrapping the windfall tax on oil.
The Winter Session of Parliament resumed today after a disrupted first week caused by Opposition protests over allegations against the Adani group and the Manipur situation. INDIA bloc leaders, chaired by Congress MP Rahul Gandhi, have decided to meet Lok Sabha Speaker Om Birla to request his intervention for smoother
Highlights include Lok Sabha discussions on key bills, FDI growth to $29.79 billion, Maharashtra's Mahayuti government swearing-in, and GDP slowing to 5.4% in Q2 FY25.
India's gross domestic product (GDP) growth fell to 5.4% in the July-September quarter, its lowest since Q3 FY23, according to the National Statistics Office (NSO). This marked a sharp decline from 8.1% in the same period last year. Economists had expected 6.5%, but the economy
The Centre's fiscal deficit for April-October 2024 reached 46.5% of the full-year target, totalling ₹7,50,824 crore ($90.2 billion), according to data from the Controller General of Accounts (CGA). This marks a slight increase from 45% during the same period last year. The government aims
Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal stated that allegations against Adani Group executives are a private legal matter involving individuals and firms, and the United States Department of Justice (DOJ).
Jaiswal confirmed the Indian government was not informed in advance and has not received any request for mutual
India's eight core industries recorded a 3.1% growth in October 2024, up from 2% in September, according to government data.
Coal production increased by 7.8%, while crude oil and natural gas output declined by 4.8% and 1.2%, respectively. Petroleum refinery production, which constitutes 28.
