Category : Economy


Women's Labour Participation Rises to 42% in India

Union Minister Annpurna Devi announced a significant increase in Indian women's labour force participation, rising from 23% to 42% over the past six years, highlighting progress in gender equality and economic inclusion.

Punjab Rice Millers Urge Centre to Fix Fortified Rice Supply

BJP leaders and Punjab's sheller, arhtiya, and flour mill associations met Union Minister Pralhad Joshi, demanding urgent resolution of fortified rice kernel supply delays and other pending issues affecting the state's agricultural economy.

India's 16% Global Growth Share to Drive World Economy: PM Modi

Prime Minister Narendra Modi announced India now contributes 16% to global economic growth and is set to become a key driver of world expansion. Speaking at the ET Now Global Business Summit, he highlighted India's resilience and reform-driven approach.

India's Forex Reserves Drop to $677.17 Billion

India's foreign exchange reserves fell by $2.28 billion to $677.17 billion for the week ending December 6, 2024, driven by a decrease in foreign currency assets, as reported by the Reserve Bank of India.

Gold Prices Jump in Futures Trade on Strong Demand

Gold prices rose sharply on Friday, climbing Rs 1,044 to Rs 1,53,880 per 10 grams in futures trade, fueled by fresh positions and firm spot market demand. International gold futures also gained 0.81%.

Asian Markets Fall on AI Worries, US Inflation Data

Asian stock markets declined sharply on Friday, tracking Wall Street losses amid concerns over heavy AI sector spending and anticipation of US inflation data. Key indices in Hong Kong, Shanghai, and Japan dropped, while South Korea's Kospi edged higher.

New CPI Series: Jan Inflation at 2.8%, Food Weight Cut

India's retail inflation stood at 2.8% in January under the new CPI series, with food weight reduced to 37% from 46%. The update reflects changing consumption patterns and includes modern items like OTT services.

India Revises CPI Base to 2024, Food Spending Share Drops

India's Ministry of Statistics and Programme Implementation has updated the Consumer Price Index base year to 2024, revealing a significant decline in food's share of household spending, reflecting changing consumption patterns.

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