
The performance of the broader industrial sector, especially supply-side factors, largely depends on the performance of these core industries. This is because the products from the core industries serve as essential inputs for other industries, as well as sectors like services and agriculture
Key Issues Facing the Core Industries
Petroleum and Refining Industry
The petroleum and refining sector is the largest within the core sector. However, it remains heavily reliant on crude oil imports, with domestic production accounting for only around 15% of the country's needs. To meet the growing demand for oil, India must increase the number of refineries. Yet, the industry faces challenges such as strict environmental regulations, fluctuating demand for lighter products like gasoline and diesel, and volatility in international oil prices due to geopolitical and other factors. These issues make the sector unstable, and India cannot continue relying on seamless petroleum imports unless significant policy reforms are introduced. Moreover, there is an urgent need for more rational use of petroleum resources.
Electricity Sector
ãã®èšäºã¯ BUSINESS ECONOMICS ã® February 01-28, 2025 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ BUSINESS ECONOMICS ã® February 01-28, 2025 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³

"Spirituality is the search for the meaning of our existence and the purpose we serve."
In his insightful address, Ram Nath Kovind underscored the teachings of Paramhansa Ramakrishna, Maa Sarada, and Swami Vivekananda, emphasizing their vision of a world united by love and the boundless potential of the human spirit.

Some schemes welcomed, but real allocation declines
In the Annual Budget, the Finance Minister allocated â¹1.37 lakh crore to the Ministry of Agriculture and Farmers' Welfare, compared to â¹ 1.32 lakh crore in the previous budget.

Of Benchmarks & Benefits
Banks use various benchmark rates to determine loan pricing. Initially, they had complete discretion over interest rates, leading to the adoption of the Prime Lending Rate (PLR). This internally determined rate was applied to the bankâs most creditworthy customers, with additional risk premiums charged for borrowers deemed riskier. However, this system resulted in a wide disparity in interest rates among borrowers.

Sajjan Jindal, JSW Group Chairman receives 'Business Leader of the Decade' award
Sajjan Jindal, JSW Group Chairman, has been conferred with the coveted 'Business Leader of the Decade' honour at the 15th AIMA Managing India Awards, in recognition of his transformative leadership in expanding JSW Group into a global conglomerate.

India needs Development Finance Institutions: Bridging the Gap for MSMEs
India's economic landscape has long been driven by the dynamism of its micro, small, and medium enterprises (MSMEs), which play a crucial role in contributing to GDP and employment.

Rate cut to boost demand, says RBI Report
On February 19, 2025, the Reserve Bank of India (RBI) released its monthly bulletin, providing insights into the state of the economy.

INCOME TAX REFORMS
The new Income Tax Bill aims to streamline taxation by using simpler language and reducing the number of sections. Replacing the complex 1961 Act is a welcome move.

TACKLING INFLATION
India's retail inflation stood at 4.31 percent in January, marking a five-month low and a crucial moment in economic policy.

"Cultivating a global culture of wellness"
Dr. Robert M. Goldman: Dr. Robert Goldman explored the profound connection between science, spirituality, and medicine, emphasizing the importance of holistic longevity in shaping a healthier, more unified world.

Falta Special Economic Zone : it's contribution in the overall socio-economic development of the region
Falta Special Economic Zone (earlier Falta Export Processing Zone) was set up by the Department of Commerce, Government of India in 1984. The Zonal Office of Development Commissioner, Falta SEZ has jurisdiction over the 12 states of West Bengal, Odisha, Jharkhand, Bihar, Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim. BE spoke to Deen Bandhu Singh, Development Commissioner, Falta Special Economic Zone about the current scenario and the impact of the Falta SEZ. Falta Special Economic Zone (earlier Falta Export Processing Zone) was set up by the Department of Commerce, Government of India in 1984. The Zonal Office of Development Commissioner, Falta SEZ has jurisdiction over the 12 states of West Bengal, Odisha, Jharkhand, Bihar, Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim. BE spoke to Deen Bandhu Singh, Development Commissioner, Falta Special Economic Zone about the current scenario and the impact of the Falta SEZ.