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Urban unemployment rate drops in Oct-Dec

New Delhi, Feb. 12 -- The unemployment rate in urban areas fell to 6.5% in the three months to December, down from 7.2% in the same period of 2022, the ministry of statistics and programme implementat... Read More


Govt used 68% of revised budget allocation till Dec

New Delhi, Feb. 12 -- A large number of Union ministries had utilised only about two-thirds of their revised budgetary allocations for 2023-24 in the first nine months of the financial year. The actu... Read More


Twin boost for economy as factory output powers up, retail inflation cools

New Delhi, Feb. 12 -- The Indian economy showed signs of resilience during the beginning of the year as industrial output rose and inflation fell, data released on Monday showed. While industrial out... Read More


Union ministries have used up only 68% of revised budgetary allocation for FY24

New Delhi, Feb. 11 -- A large number of Union ministries had utilised only about two-thirds of their revised budgetary allocations for 2023-24 in the first nine months of the financial year. The actu... Read More


Modi govt measures helped improve banking sector's health: FM

New Delhi, Feb. 9 -- The Central government led by Prime Minister Narendra Modi has implemented a slew of measures to improve the health of the banking sector, including the recapitalising of public s... Read More


Govt's emphasis on capex to sustain high growth highlight of interim budget: FM Sitharaman

New Delhi, Feb. 8 -- The government's emphasis on capital expenditure to sustain a high economic growth rate has been the highlight of the interim budget, finance minister Nirmala Sitharaman said on T... Read More


Govt taken a slew of measures to tame food inflation: Sitharaman

New Delhi, Feb. 6 -- The government has taken a slew of measures to tame food inflation in recent months including importing pulses and releasing onion stocks at a lower price, finance minister Nirmal... Read More


Govt working on improving credibility of official data, says finance minister Nirmala Sitharaman

New Delhi, Feb. 5 -- The government is working on improving India's statistical system, enabling official data to be more comprehensive and credible in capturing various economic trends accurately, fi... Read More


Industrial output soared 35% in FY22 as economy recovered from pandemic: Govt

New Delhi, Feb. 5 -- Industrial output surged over 35% during 2021-22 (FY22) from the previous fiscal year, signaling a robust recovery from the impacts of the pandemic, the government's Annual Survey... Read More


India's manufacturing PMI hits four-month high in January on robust demand

New Delhi, Feb. 1 -- India's manufacturing activity recovered to hit a four-month-high in January, driven by a sharp uptick in orders amid mild input cost inflation, a private survey said on Thursday.... Read More