<?xml version="1.0" encoding="UTF-8"?><feed><author name="Nivedita Mukherjee"><item><title>India’s CAD at $23.2 bn softens to 0.7% of GDP in FY24</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204.jpg</image><category>India</category><excerpt>India’s current account (CAD) moderated to a seven-year low of USD 23.2 billion in FY2024, easing to 0.7 per cent as a proportion of GDP, from USD 67 billion which was 2.0 per cent of GDP in FY2023. The CAD more-than-halved, aided by, “a lower mer...</excerpt></item><item><title>Centre imposes limits on wheat stocks</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>In order to manage the overall food security and to prevent hoarding and unscrupulous speculation, the Government on Monday decided to impose stock limits on wheat applicable to traders/wholesaler, retailers, big chain retailers and processors for...</excerpt></item><item><title>India to grow at 7.2 % in FY25 on consumer spending, investment</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Fitch Ratings on Tuesday upgraded India’s growth forecast for the current fiscal, FY2024-25 to 7.2 per cent, a revision from 7 per cent projected in March 2024, on recovery in consumer spending with elevated consumer confidence even as investment ...</excerpt></item><item><title>India’s CPI inflation down to 12-month low of 4.75%, food prices a worry</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>India’s consumer price index inflation in May 2024 eased to a 12-month low of 4.75 per cent but still remained significantly above the Reserve Bank of India’s target, driven by food prices, which makes a rate cut by RBI in the coming months unlike...</excerpt></item><item><title>Reserve Bank keeps repo rate at 6.50 %</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>The Reserve Bank of India on Friday left the policy repo rate unchanged at 6.50 per cent, signalling focused intent on achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent, while supporting growth, which is seen ...</excerpt></item><item><title>Bloodbath on D-street</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Stock indices witnessed bloodbath on the day the Lok Sabha results are being announced, where incumbent BJP performed below par and seems it may fall short of exit poll predictions and the majority mark on its own. The idea of a coalition governme...</excerpt></item><item><title>Economy beats estimates, grows 8.2% in FY24</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Growth propels economy to $3.5 trillion and set the stage for achieving the $5-trillion target in the next few years. Amidst deepening geopolitical distress and global macroeconomic headwinds, India’s GDP is estimated to have posted a growth of 8....</excerpt></item><item><title>India’s urban, infra, green priorities top $2.6 bn ADB lending in 2023</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>The Asian Development Bank (ADB) has commit ted USD 2.6 billion in sovereign lending to India in 2023 for projects that aim to strengthen urban development, support industrial corridor development, pro mote power sector reforms, build India’s clim...</excerpt></item><item><title>Robust growth, Govt capex positive, poll outcome not to deter reforms</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Standard &amp;amp; Poor Global Ratings on Wednesday revised its outlook on India to positive from stable on continued policy stability, deepening economic reforms and high infrastructure investment which will sustain long term growth prospects. That, ...</excerpt></item><item><title>Jaishankar seeks more than business to tackle global challenges</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Minister of External Affairs, S Jaishankar, on Friday set out India’s strategy to mitigate the impact of some of the geopolitical realities that the world is faced with today – including the Russia-Ukraine conflict, an escalation of the Iran-Israe...</excerpt></item><item><title>Sitharaman calls for proactive govt-industry alliances</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Finance Minister Nirmala Sitharaman, during her address at the annual business summit 2024 of the Confederation of Indian Industry (CII), urged industry leaders to capitalize on national and global opportunities through collaborative efforts betwe...</excerpt></item><item><title>Driven by fuel and power, WPI inflation up 1.26% in April</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>India’s inflation based on wholesale price index (WPI) in April increased at a positive rate of 1.26 per cent year on year, when it was 0.8% in April 2023, driven by fuel and power, WPI-food (primary food + manufactured food) and core-WPI (manufac...</excerpt></item><item><title>51.40 cr jobs generated in 2014-24</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>At least 5.14 crore person-years of employment on average every year has been generated since 2014 with the Pradhan Mantri Mudra Yojana (PMMY) itself adding 2.52 crore steady and sustainable employment as an average per year since 2014 (net of emp...</excerpt></item><item><title>India&amp;#8217;s OMCs&amp;#8217; profits surge 543%, IOCL leads in refinery throughput</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>India’s state-owned oil marketing companies (OMCs) combined profit rose over 25-times year-on-year in the financial year 2023-24 even as they navigated rapidly evolving geo politics and wide fluctuations in crude prices. The combined net profit in...</excerpt></item><item><title>India’s industrial output slows to 4.9%, manufacturing, &amp;#038; power rise</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>India’s factory output, measured by the Index of Industrial Production (IIP), in March 2024 posted 4.9 percent year-on-year growth, moderating from 5.6 percent in February 2024 and ending fiscal 2024 on a sober note. The IIP growth was led by a ro...</excerpt></item><item><title>PSUs in resurgent mode, 225% rise in M-cap cap under Modi: FM</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Finance Minister Nirmala Sitharaman on Wednesday came out strongly in defence of the performance of India’s public sector undertakings, which have been on a resurgent mode under the leadership of Prime Minister Narendra Modi. “Increased defence sp...</excerpt></item><item><title>Services sector posts sharpest expansion in 14 yrs</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>India’s service sector made a strong start to the first fiscal quarter as new business in terms of total sales and output registered the sharpest expansion in 14 years taking the seasonally adjusted HSBC India Services Business Activity Index to 6...</excerpt></item><item><title>Agri, services grab bigger pie of loans, bank credit grows 16.3% in March 2024</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Bank credit growth to agriculture and services sector at more than 20 per cent year-on-year, in March 2024, surpassed loans to industry which grew by 8.5 per cent yoy in the month under observation. On a yoy basis, non-food bank credit registered ...</excerpt></item><item><title>‘Foreign investment no longer aligned with GDP growth’</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>A significant shift has taken place in the global economy with the growth of foreign direct investment (FDI) and global value chains (GVCs) no longer aligned with GDP and trade growth and even amidst rising trade tensions, global GDP and trade, si...</excerpt></item><item><title>Number of Internet subscribers increases to 936.16 million</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Auguring well for the Government’s digital mission, India’s total number of Internet subscribers increased from 918.19 million at the end of September 2023 to 936.16 million at the end of December 23, registering a quarterly rate of growth 1.96 pe...</excerpt></item><item><title>Price stability is our mandated goal: Reserve Bank</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>The bright growth prospects of the Indian economy in 2024-25 supported by strengthening rural demand, rising consumer confidence, optimism on employment and income, strong prospects of the manufacturing and services sectors are among the factors c...</excerpt></item><item><title>Global growth at 2.6%, India’s strong public investment outlays, services beneficial</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>India was one of the ‘large economies &amp;#8212; apart from China, Indonesia, the Russian Federation, the United States, among others – which escaped the financial trouble that loomed earlier in the year 2023 – thus emerging as a stakeholder in the w...</excerpt></item><item><title>Overall Exports Touch $776.68BN in FY24</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Despite persistent global challenges, India’s overall exports (merchandise + services) in financial year 2023-24 (FY24) reached USD 776.68 billion, surpassing the USD 776.40 billion of overall exports achieved in 2022-23 (FY23) with a growth of 0....</excerpt></item><item><title>Retail inflation eases to 4.85% in March ’24, experts flag food price worry</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Days after RBI kept its policy rates in abeyance, India’s consumer price index led retail inflation moderated to 4.85 per cent in March 2024 even as food inflation softened marginally and core inflation remained steady at 3.5 per cent. The CPI sto...</excerpt></item><item><title>Building India: Infra development in 10 years of Modi govt</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>The Government of India has embarked on an ambitious journey to revolutionize the country’s infrastructure landscape, aiming to bolster economic growth, enhance connectivity, and improve the quality of life for its citizens. With a focus on modern...</excerpt></item><item><title>Ujjwala Yojana: Igniting change, empowering lives with clean cooking fuel</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>In May 2016, Government ofV India launched Pradhan Mantri Ujjwala Yojana (PMUY), a social welfare scheme supporting Prime Minister Narendra Modi’s vision of a smoke-free rural India. The key objective of the scheme is to replace harmful cooking fu...</excerpt></item><item><title>Auto retail sales post modest growth of 3.14 % in March</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Despite election uncertainties, economic concerns and intense competition, the two wheeler and 3W segments showcased positive sentiment in March retail sales, especially in the premium and EV segments even as the Indian auto retail sector posted a...</excerpt></item><item><title>RBI’s bank lending survey for Q4 of 2023-24</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Today, the Reserve Bank released the results of 27th round of its quarterly Bank Lending Survey1, which captures qualitative assessment and expectations of major scheduled commercial banks on credit parameters (viz., loan demand as well as terms a...</excerpt></item><item><title>Reserve Bank keeps policy repo rate at 6.50%</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>The Reserve Bank of India on Friday, as widely expected, kept the policy repo rate unchanged at 6.50 per cent, remaining focused on the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent while supp...</excerpt></item><item><title>India’s growth pegged at 6.6% in FY25, resilient demand is key</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Amidst further deceleration in global growth this year, lagged and ongoing effects of tight monetary policy, restrictive financial conditions and feeble global trade and investment, India is one of the key exceptions among emerging market and deve...</excerpt></item><item><title>Value of Rs 2000 banknotes in circulation down to Rs 8202 cr: RBI</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Nearly 97.69 per cent of the Rs 2,000 denomination bank notes withdrawn from circulation in May 2023 by the Reserve Bank of India (RBI) have returned to the banking system, and only Rs 8,202 crore worth of the withdrawn notes are still with the pu...</excerpt></item><item><title>Record GST collection of  Rs 20.14L cr</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>The Government’s yearly gross Good and Services Tax (GST) revenue for March 2024 witnessed the second highest collection ever at Rs 20.18 lakh crore, with a 11.7 per cent year-on-year growth as strong consistent performance in FY 2023-24 paved the...</excerpt></item><item><title>Declaration of stock position of wheat is now mandatory</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>In order to manage the overall food security and to prevent hoarding and unscrupulous speculation, the Government has made it mandatory for traders/wholesalers, retailers, big chain retailers and processors in all states and union territories to d...</excerpt></item><item><title>Gold prices surge to record highs: What is driving the rally?</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Gold prices have surged since the end of February, with the LBMA Gold Price PM currently trading at US$2,180.45 per ounce as of March 11th. This marks a 6.5% month-to-date increase. Gold has achieved record highs for six consecutive days and came ...</excerpt></item><item><title>India invites Investors from Partner Nations to Tap Clean Economy Domain</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>India has called for an expeditious implementation of all the action-oriented collaborative elements under various pillars of the Indo-Pacific Economic Framework for Prosperity (IPEF) and invited investors from IPEF partners to invest and benefit ...</excerpt></item><item><title>How Long Do Muslims Fast For Ramadan Around the World?</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Ramadan starts on Sunday evening, with the first day of fasting on Monday, March 11 this year. The holy month is based on the Islamic lunar calendar which is 11 days shorter than the Gregorian solar year, and so its start shifts earlier each year....</excerpt></item><item><title>Retail inflation eases to 5.09% in February, food remains pricey</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>India’s consumer price inflation (CPI) remained unchanged at 5.09 per cent in February 2024, compared to 5.1 per cent in January, as food inflation surged higher and inflation across all other sub-groups eased in Feb 2024, indicating that the mome...</excerpt></item><item><title>Retail inflation eases to 5.09% in February</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>India’s consumer price inflation (CPI) remained unchanged at 5.09 per cent in February 2024, compared to 5.1 per cent in January, as food inflation surged higher and inflation across all other sub-groups eased in Feb 2024, indicating that the mome...</excerpt></item><item><title>Industrial activity down to 3.8% in Jan</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Industrial activity in the country proved to be a mixed bag with the index of industrial production growing by 3.8 per cent in January 2024 compared with 4.2 per cent in December led by a deceleration in the growth of manufacturing.</excerpt></item><item><title>India signs trade agreement with EFTA</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Setting an ambitious trajectory of growth in trade and economic relations with a Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association on Sunday, India has achieved a binding commitment of USD 100 FDI, a window t...</excerpt></item><item><title>Economy grows 8.4% in Q3</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>GDP projected to a grow 7.6% in FY24, third year 7% growth in a row. Propelled by strong growth in the construction and manufacturing growth in the October-December (Q3) of the current financial year (FY 2024), the Indian economy remained resilien...</excerpt></item><item><title>Commerce Minister calls on India Inc to boost manufacturing, ‘vocal for local’</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Minister of Commerce and Industry Piyush Goyal on Tuesday called upon Indian industry to contribute to the holistic and comprehensive vision of expanding the domestic manufacturing footprint in the world and make India a Viksit Bharat by 2047 by e...</excerpt></item><item><title>Govt to continue with reforms, industry role critical in ‘Viksit Bharat’ goal: Sitharaman</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Minister of Finance Nirmala Sitharaman on Tuesday outlined the government’s strategic approach to the goal of Viksit Bharat through further reforms in the areas of electric mobility, space, artificial intelligence, AI, warehousing, logistics, tour...</excerpt></item><item><title>India exports up 3.12 % in Jan’24 at $ 36.92 bn on engg, electronic goods boost</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>India’s merchandise exports in January 2024 registered 3.12 per cent year-on-year growth at USD 36.92 billion over USD 35.80 billion in Jan 2023, driven mainly by petroleum products, engineering goods, iron ore, electronic goods, drugs and pharmac...</excerpt></item><item><title>Jan exports grow 9% to $69.72 billion</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>India’s merchandise exports in January 2024 registered 3.12 per cent year-on-year growth at $36.92 billion over $ 35.80 billion in Jan 2023, driven mainly by petroleum products, engineering goods. The country’s overall exports (merchandise and ser...</excerpt></item><item><title>Farmers union Gurnam Chadhuni faction hints at joining hands with agitating farmers</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Amid the ongoing peasants’ agitation, an emergency meeting core committee of Bhartiya Kisan Union (Chadhuni faction) was met at the residence of Karm Singh Mathana, State Exicutive President, under the chairmanship of Gurnam Singh Chadhuni, Nation...</excerpt></item><item><title>Finance Ministry flags need for Insuring against Climate Risks</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Climate change induced recurring set of hazards have repeatedly put its people and businesses at high risk of lost assets, health, livelihoods, or even lives, with global economic losses from disasters due to natural hazards in 2022, amounting to ...</excerpt></item><item><title>16th Finance Commission holds 1st meeting, seeks wider parleys with states</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>The 16th Finance Commission (XVI-FC) on Wednesday discussed its ‘terms of reference’, notified by the Ministry of Finance, as it held its first meeting under the Chairmanship of Arvind Panagariya. The XVI-FC’s recommendations, upon acceptance by t...</excerpt></item><item><title>FinMin Flags need for Insurance against Climate Risks</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>Climate change induced recurring set of hazards have repeatedly put its people and businesses at high risk of lost assets, health, livelihoods, or even lives, with global economic losses from disasters due to natural hazards in 2022, amounting to ...</excerpt></item><item><title>Pact on interlinking of UPI &amp;#038; UAE’s AANI platform, deal on IMEE Corridor to cement ties</title><link>https://latest.thedailyguardian.com/india/indias-cad-at-23-2-bn-softens-to-0-7-of-gdp-in-fy24/</link><pubDate>June 25, 2024, 4:21 am</pubDate><image>https://latest.thedailyguardian.com/wp-content/uploads/2024/06/rbi_1719232018851_1719232019204-300x169.jpg</image><category>India</category><excerpt>In a significant scale-up of bilateral relations, Prime Minister Narendra Modi and President of the UAE Mohamed bin Zayed Al Nahyan on Tuesday reviewed the partnership between India and the UAE during an one-on-one and delegation level talks which...</excerpt></item></author></feed>