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Illicit Trade Casts Shadow On India’s Progress Towards Achieving $5 Tn Economy: Anurag Thakur

Union Minister Anurag Thakur on Friday said that the surge in illicit trade is a troubling consequence of globalisation which casts a shadow on the country’s progress toward achieving a 5 trillion-dollar economy. Addressing the 9th edition of FICCI CASCADE’s ‘MASCRADE 2023’, Anurag Thakur said, “Illicit trade, whether conducted through activities like smuggling, counterfeiting, or […]

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National News

India’s Petroleum Product Demand To Grow In Mid-single Digit In FY24: Fitch

Fitch Ratings expects India’s petroleum product demand in during 2023-24 to grow by a mid-single-digit percentage after a 10 per cent rise the past year. The past year’s growth was aided by the post-pandemic pent-up demand. “Medium-term product demand growth is supported by Fitch’s expectation of 6-7 per cent GDP growth for India over the […]

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