2024 Ahoy! Will electoral freebies throw fiscal deficit into disarray?
A large number of welfare schemes (subsidies) were announced in 2023 in view of elections in heartland states. More may be expected ahead of the 2024 general elections
g20 summit
December 2023
October 2023
September 2023
Hotel industry to hit double-digit revenue growth on demand boost in FY24: ICRA
The agency estimates pan-India premium hotel occupancy at around 70-72% in FY24, after recovering to 68-70% in FY23.
HPCL ties up with Petromin Corporation to install 5,000 EV charging units
In total, the corporation will be investing $700 million in partnership with HPCL in three strategic areas
In a first, US warships can now dock in India for 'repairs'
Both sides agree to advancing India’s emergence as a hub for the maintenance and repair of forward-deployed U.S. Navy assets, and other aircraft & vessels
G20 biofuel initiative: Sugar stocks Shree Renuka, Balrampur Chini, EID Parry rally up to 7%
Sugar stocks such as Dalmia Bharat Sugar, Triveni Engineering, Bajaj Hindusthan, Dhampur Sugar Mills rose in the range of 2% to 5%.
PM Modi concludes G20 Summit, hands over presidency gavel to Brazil
In his closing remarks, Modi proposed to hold a virtual session between G20 countries in November to review the suggestions made during the three-day summit.
India G20 Presidency delivers; New Delhi Declaration calls for strong, inclusive, sustainable, balanced economic growth
The premier global forum for international economic cooperation, G20 resolved to act in concrete ways through partnerships to achieve this goal
Modi-Kishida meet bilaterally, India-Japan willing to collaborate in space and advanced technology
Both leaders welcomed the provision of a 400-billion-yen loan for the construction project of the high-speed rail (V), a flagship project of Japan and India
G20: Modi, Biden announce India-Middle East-Europe Economic corridor
IMEC aims at unlocking greater investment for infrastructure development and strengthening connectivity in its various dimensions between India, Middle East and Europe
G20 leaders highlight economic impact of Ukraine conflict, call for peace
On the Russia-Ukraine war, the New Delhi Leaders Declaration says all states must act in a manner consistent with the “Purposes and Principles of the UN Charter”
