INDIAN ECONOMY PROJECTED TO GROW 7.6% IN FY24 LIFTED BY CONSTRUCTION, MANUFACTURING
The Business Guardian|March 01, 2024
Double-digit growth rate of the construction sector at 10.7 per cent, followed by a good growth rate of manufacturing at 8.5 per cent have boosted the GDP growth in FY 2023-24
NIVEDITA MUKHERJEE

Propelled by strong growth in the construction and manufacturing growth in the October-December (Q3) of the current financial year (FY 2024), the Indian economy remained resilient, with the gross domestic product projecting a growth rate of 7.6 per cent in FY24 compared to growth rate of 7.0 per cent in 2022-23. The remarkable growth of 7.6 per cent in FY 2024, makes this the third consecutive year of growth of 7 per cent or above.

Double-digit growth rate of the construction sector at 10.7 per cent, followed by a good growth rate of manufacturing at 8.5 per cent have boosted the GDP growth in FY 2023-24. On the back of double-digit growth in manufacturing sector at 11.6 per cent, followed by a good growth rate of construction sector at 9.5 per cent, the real GDP grew by 8.4 per cent in Q3 of FY 2023-24. The NSO, in its advance estimate said that the Gross Value Added (GVA) in the economy is estimated to rise 6.9 per cent this year, rising from a revised estimate of 6.7 per cent GVA growth in 2022-23. The NSO had earlier pegged last year’s GVA growth at 7 per cent.

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LG direct for immediate appointment of 2,346 Home Guards
The Business Guardian

LG direct for immediate appointment of 2,346 Home Guards

Delhi Lieutenant Governor, Vinai Kumar Saxena has directed for the immediate appointment of 2,346 Home Guards, who have qualified for their Physical Measurement and Efficiency Test (PMET) and written test, even as other vacancies amounting to 7,939 await outcome of two pending court cases, said an official statement from Lieutenant Governor office on Tuesday.

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'Discoms colluding with AAP for windfall gains'
The Business Guardian

'Discoms colluding with AAP for windfall gains'

The Delhi BJP on Tuesday submitted a memorandum to Lieutenant Governor VK Saxena, calling for an investigation into alleged financial irregularities in the power distribution companies, or discoms.

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November 13, 2024
Delhi faces unusually high temperatures in Nov
The Business Guardian

Delhi faces unusually high temperatures in Nov

This year, however, daytime temperatures have not fallen below 30 degrees Celsius, with the lowest recorded so far at 31 degrees Celsius.

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November 13, 2024
SUPREME COURT DIRECTED PUNJAB GOVT, SEC TO NOTIFY MUNICIPALITY ELECTIONS IN 2 WEEKS; TO BE COMPLETED IN 8 WEEKS THEREAFTER
The Business Guardian

SUPREME COURT DIRECTED PUNJAB GOVT, SEC TO NOTIFY MUNICIPALITY ELECTIONS IN 2 WEEKS; TO BE COMPLETED IN 8 WEEKS THEREAFTER

The Supreme Court in the case The State of Punjab and Ors. Versus Beant Kumar And Anr modified the Punjab and Haryana High Court order which directed that Punjab municipality elections be notified within 15 days.

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November 13, 2024
HC pulls up Delhi Govt Finance Dept for delayed funds to Asha Kiran
The Business Guardian

HC pulls up Delhi Govt Finance Dept for delayed funds to Asha Kiran

During the hearing, the bench expressed strong disapproval, stating, \"The urgency is not impressed upon you... 14 people have died... You should have called the MCD official and asked him the queries.\"

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November 13, 2024
Govt. distributes heaters to curb winter pollution and help night workers
The Business Guardian

Govt. distributes heaters to curb winter pollution and help night workers

The Aam Aadmi Party (AAP) government has launched a campaign to distribute electric heaters to night security guards in an effort to reduce air pollution in Delhi.

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The Business Guardian

OVER 2.7 LAKH VEHICLES FINED FOR LACK OF PUC SINCE JAN 1

Delhi Traffic Police has issued over 2.70 lakh challans to vehicle owners for driving without a pollution under control (PUC) certificate between January 1 and October 31 this year, the highest in three years, official data showed.

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November 13, 2024
AAP TO CONDUCT SURVEY FOR ALL SEATS
The Business Guardian

AAP TO CONDUCT SURVEY FOR ALL SEATS

Ahead of the polls, Kejriwal and other senior AAP leaders are holding gatherings at the district level to prepare the party workers for campaigning. No matter who contests on AAP ticket, the party workers should think as though the former chief minister was fighting on all the 70 seats and should have their allegiance to him only, Kejriwal has said.

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November 13, 2024
The Business Guardian

MCD fines Rs 2.69 cr for violations of dust pollution norms

The Municipal Corporation of Delhi (MCD) has issued fines amounting to Rs 2.69 crore for violation of dust control norms during construction and demolition (C&D) activities between April and October this year, according to official data.

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November 13, 2024
Supreme Court Dismissed Man's Petition To Deactivate 'Machine' Controlling His Brain: 'Bizarre'
The Business Guardian

Supreme Court Dismissed Man's Petition To Deactivate 'Machine' Controlling His Brain: 'Bizarre'

The Supreme Court in the case observed and has dismissed a petition filed by a man who alleged that his brain was being controlled by other persons through a machine.

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