Modi government approves borrowing limit of ₹21,253 Crore for Kerala to help the state tackle its economic crisis

Prime Minister Narendra Modi has come forward to assist Kerala in a bid to alleviate the state from the economic crisis as the Centre has sanctioned borrowings up to Rs 21,253 crores. Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar took to social media platform X to announce financial support from the Centre … Read more

CPI-based retail inflation eases to a 10-month low, stands at 4.85% for March 2024, Industrial output at a 4-month high

In a development that signals positive momentum for the Indian economy, India’s retail inflation witnessed a notable easing. It has come down to a 10-month low of 4.85% on an annual basis in March 2024, according to data released by the Ministry of Statistics and Programme Implementation on 12th April. The Consumer Price Index (CPI)-based retail inflation … Read more

Kutch Copper: Adani Group’s greenfield copper unit in Mundra commences operations, to become the world’s largest single-location smelter

Adani Enterprises Limited, through its subsidiary Kutch Copper, marked a milestone today with the commissioning of the first unit of its greenfield copper refinery project in Mundra. According to a press release, the maiden dispatch of cathodes to customers signals the commencement of operations at the state-of-the-art facility, representing Adani’s foray into the metal industry. … Read more