Central banks bet big on gold as global uncertainty lingers

[ad_1] Central banks across the world continued their gold buying spree this year, adding 290 tonnes in the March quarter, even as record high prices hit consumer demand.Also read:Gold soars on geopolitical risks, central bank buyingIn fact, central banks accounted...

Kerosene consumption falls sharply by 26 pc CAGR during FY14-23: Govt data

[ad_1] Kerosene consumption in the country has declined sharply by 26 per cent CAGR between 2013-14 and 2022-23, mainly due to government policies to promote clean energy.Also read: Thermal power is here to stayThe latest 'Energy Statistics India 2024' of...

How Odisha brings millets back on farms, menus

[ad_1] The buzz around millets had reached its peak last year as the world celebrated the International Year of Millets and India announced a major push to drive millet consumption. But for a few pro-active States, we don’t see much...

Crude oil declines as China’s GDP growth target fails to impress market

[ad_1] Crude oil futures traded lower on Tuesday morning as China’s GDP growth target failed to impress the markets. Also read: Crude oil up as OPEC+ members extend voluntary output cutsAt 9.52 am on Tuesday, May Brent oil futures were...

Spending on paan, tobacco, intoxicants increased in last one decade: Govt survey

[ad_1] Consumption of paan, tobacco and other intoxicants has increased with people spending a bigger portion of their income on such products in the last 10 years, according to a survey. The Household Consumption Expenditure Survey 2022-23, released last week,...

GST mop-up surges 12.5% to ₹1.68-lakh crore on better consumption, compliance

[ad_1] Better consumption, improved compliance and good collection in majority of States helped mop-up from GST to ₹1.68-lakh crore in February. This is 12.5 per cent higher than February of 2023. However, there is no indication about rate rationalisation in...