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Household consumption expenditure jumps in India as incomes rise Household consumption expenditure on goods and services in both the rural and urban areas of India, which reflects the standard of living and well-being of the population, has shown a robust increase over the last decade, according to the latest survey released by the Ministry of Statistics.  The monthly per capita household consumption in rural India jumped by over 40 per cent in 2022-23, after adjusting for inflation, compared to the corresponding figure recorded for 2011-12, accord...
Household consumption expenditure jumps in India as incomes rise
Household consumption expenditure jumps in India as incomes rise
Source: IANS
2024-06-10 02:24:45 pm
Power Grid inches up on planning to raise up to Rs 12,000 crore on private placement basis Power Grid Corporation of India is currently trading at Rs. 275.45, up by 0.25 points or 0.09% from its previous closing of Rs. 275.20 on the BSE. The scrip opened at Rs. 271.65 and has touched a high and low of Rs. 276.15 and Rs. 268.35 respectively. So far 211594 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 298.95 on 07-Mar-2024 and a 52 week low of Rs. 171.23 on 13-Apr-2023. Last one week high and low of ...
Power Grid inches up on planning to raise up to Rs 12,000 crore on private placement basis
Power Grid inches up on planning to raise up to Rs 12,000 crore on private placement basis
Source: Accord Fintech
2024-04-15 02:28:03 pm
Core sector growth shoots up to 14-month high in August The growth in output of India's eight core industries rose to a 14-month high of 12.1 per cent in August over the same month of the previous year, according to data released by the government on Friday.The expansion in August is the highest since June 2022, when it was 13.2 per cent. In July, the number stood at 8.4 per cent."The production of all Eight Core Industries (namely, Cement, Coal, Crude Oil, Electricity, Fertilisers, Natural Gas, Refinery Products, and Steel) recorded a positive gr...
Core sector growth shoots up to 14-month high in August
Core sector growth shoots up to 14-month high in August
Source: IANS
2023-09-30 09:20:13 am
India issues tender for gas-fired power to address unusually high power demand India is seeking bids to supply gas-fired power to address expected periods of unusually high electricity consumption in October and November, a tender issued on Thursday showed.Domestic gas plant operators are likely to bid for the tender, potentially pushing them to tap the spot liquefied natural gas (LNG) market at a time of tepid Asian demand.India relies on coal to generate nearly three quarters of its electricity, and power generated from coal is typically much cheaper than when generat...
India issues tender for gas-fired power to address unusually high power demand
India issues tender for gas-fired power to address unusually high power demand
Source: Reuters
2023-09-14 05:28:33pm