Sees "very good" India economy next yearNEW DELHI, Nov 30 - India plans to use government capital spending to sustain strong economic growth, finance minister Nirmala Sitharaman told the Reuters NEXT conference on Wednesday, forecasting a "very good" economy ahead of 2024 national elections.
As a result, India can look forward to "a very good ... growing Indian economy this year and the next," she said. Other measures to boost growth include a possible expansion of India's main industrial incentive scheme beyond the current sectors, which include autos, electronic manufacturing and solar, Sitharaman said.Higher oil imports from Russia are helping the Indian economy and boosting consumer sentiment as cheaper energy costs partly offset rises in prices elsewhere, Sitharaman told the conference.
totalled $29 billion between Feb. 24 and Nov. 20 an almost fivefold increase on the $6 billion in the same period a year ago, a source told Reuters this week.to continue buying Russian oil on certain conditions. The rupee fell below 83 against the dollar earlier in the year, before recovering in the last few weeks on the back of signals of a slower monetary tightening from the United States. On Wednesday the rupee finished the session at 81.4.
Please, somebody tell her to stick that finger to the garbage piles in India. India Must Take Serious Measures To Manage Its GROWTH-Waste June, 2022 India, the giant garbage dumps in major metropolitanCitiesOf India…
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Stocks and oil rise on hopes of looser COVID curbs in China By ReutersStocks and oil rise on hopes of looser COVID curbs in China That was quick ye monster rally like on Dow Futures +0.09 % up...ye ripper China turmoil eases in one day?
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