China Economy: China’s economy grew 6.3% in Q2, lower than expected – Times of India

[ad_1] BEIJING: China’s economy grew 6.3% in the second quarter of the year after near-stagnant growth a year earlier, missing analyst expectations even as momentum is expected to weaken in the coming quarters.The 6.3% growth in China’s gross domestic product from April to June compared to the same period in 2022 was the fastest in … Read more

Key infra sector growth slows down to 4.3% in May – Times of India

[ad_1] NEW DELHI: The growth of eight key infrastructure sectors slowed down to 4.3 per cent in May 2023 due to a decline in the production of crude oil, natural gas, and electricity.The core sector growth was 19.3 per cent in May 2022 while in April 2023 the key infra sectors recorded a growth rate … Read more

Oil companies can cut prices if crude cost remains stable, says Petroleum minister Hardeep Singh Puri | India News – Times of India

[ad_1] NEW DELHI: Petroleum minister Hardeep Singh Puri on Saturday said oil companies will be in a position to look at the issue of reducing prices of petrol and diesel if the international crude cost remains stable and they have a good next quarter. He, however, also said he is not in a position to … Read more

In 25% jump, Railways registers record Rs 2.4 lakh cr revenue – Times of India

[ad_1] NEW DELHI: Indian Railways has registered a record Rs 2.4 lakh crore revenue in 2022-23, logging an increase of nearly 25% from the previous financial year’s earnings.On Monday, the railway ministry said during the last financial year, which ended on March 31, freight revenue leapfrogged to Rs 1.6 lakh crore, registering a growth of … Read more

Output of eight key infra sectors record almost flat growth at 6% in February – Times of India

[ad_1] NEW DELHI: Production of eight infrastructure sectors recorded an almost flat growth rate of 6 per cent in February as against 5.9 per cent in the same month last year, according to official data released on Friday.The growth in February is lowest in the last three months.The output of core sectors had increased by … Read more