India’s GDP growth projected at 6.8 pc in Q4, overall consumption healthy

India’s GDP growth projected at 6.8 pc in Q4, overall consumption healthy

Follow Us on Google News New Delhi, May 23 (IANS) India’s GDP growth in Q4 is projected at 6.8 per cent which brings FY25 growth at 6.3 per cent, supported by strong momentum in sectors such as agriculture, hotels and transport and construction, according to a new report. While overall consumption growth is likely to … Read more

Consumption of diesel, petrol rises in April as economic activity picks up

Consumption of diesel, petrol rises in April as economic activity picks up

Follow Us on Google News New Delhi, May 4 (IANS) India’s consumption of petroleum products such as diesel, petrol and LPG recorded a significant increase in April this year, reflecting the rising level of economic activity in the country. India’s diesel consumption rose to 8.24 million tonnes in April, which is the second highest monthly … Read more

India’s natural gas consumption likely to record 60 pc jump by 2030: Study

India's natural gas consumption likely to record 60 pc jump by 2030: Study

Follow Us on Google News New Delhi, April 11 (IANS) India’s natural gas consumption is likely to rise by close to 60 per cent by 2030 as the country seeks to reduce dependence on oil imports and switch to cleaner fuels for running vehicles, cooking in household kitchens and industrial use, according to a study … Read more

India has huge potential for renewable energy as supply and consumption grow: Centre

India has huge potential for renewable energy as supply and consumption grow: Centre

Follow Us on Google News New Delhi, March 29 (IANS) India has a huge potential for generation of renewable energy which stood at 21,09,655 megawatts (as on March 2024(, the government said on Saturday, adding that the country is experiencing a steady and healthy growth in both energy supply and consumption. The potential of generating … Read more

Drugs valued at Rs 4290 cr seized, 14230 arrested for consumption in 2024: Maha CM

Drugs valued at Rs 4290 cr seized, 14230 arrested for consumption in 2024: Maha CM

Mumbai, March 4 (IANS) Maharashtra Chief Minister Devendra Fadnavis in a written reply on Tuesday told the state assembly that drugs valued at Rs 4,249.90 crore were seized and 14,230 were held for consumption in 2024. Fadnavis, who holds the Home Department, said 2,738 cases were registered for drug possession and trafficking and 3,627 persons … Read more

India’s power consumption crossed 131.5 billion units in Feb

India’s power consumption crossed 131.5 billion units in Feb

New Delhi, March 4 (IANS) India’s power consumption increased to 131.54 billion units (BU) in February this year, from 127.34 BU in the same month last year, according to official figures. The highest supply in a day to meet peak power demand also rose to 238.14 GW during the month compared to 222 GW in … Read more

India’s Q3 GDP shows upward bias due to high govt spending, improved consumption

India’s Q3 GDP shows upward bias due to high govt spending, improved consumption

New Delhi, Feb 26 (IANS) India’s GDP growth in Q3 FY25 is expected to show an upward bias and is likely to be in the range of about 6.3-6.4 per cent, primarily driven by increased government spending and improved household consumption during the festive season, experts said on Wednesday. Government capital expenditure surged to Rs … Read more

Tax cuts to spur discretionary consumption especially among salaried people: Report

Tax cuts to spur discretionary consumption especially among salaried people: Report

New Delhi, Feb 4 (IANS) Fiscal consolidation glide path is maintained with the Union Budget and tax cuts should spur discretionary consumption especially among the salaried class, a report showed on Tuesday. While reaffirming its commitment to fiscal consolidation, the government has tried to stimulate consumption through tax cuts. It targets to lower the fiscal … Read more

Budget boosts consumption, fiscal prudence, Capex: Report

Budget boosts consumption, fiscal prudence, Capex: Report

New Delhi, Feb 3 (IANS) The Union Budget 2025–26 is crafted as a bold statement of fiscal consolidation and long‐term structural reforms, with the government maintaining the fiscal deficit at 4.4 per cent for FY26 while maintaining investment momentum with capital spending rising by 10 per cent to ₹11.2 lakh crore. This is a delicate … Read more