Centre disbursed Rs 964 crore to electronics sector under PLI scheme in H1 of 2024-25 New Delhi, Jan 22: The Centre disbursed close to Rs 1,600 crore under the Production-Linked Incentive (PLI) scheme in the first half of 2024-25 with the large-scale electronics manufacturing sector ge...
Union Budget will balance fiscal consolidation and growth; Capital expenditure likely to rise to Rs11-11.5 lakh cr: Report New Delhi, January 22: The Union Budget for the fiscal year 2025-26, to be presented on February 1, 2025, is expected to strike a delicate balance between fiscal consolidation and growth-oriented meas...
WEF 2025: Andhra CM Naidu highlights India's growing status as global economic powerhouse Davos, Jan 21: Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday highlighted India's evolution as a global economic powerhouse that is expected to contribute the highest incremental global ...
Expect, a lot of investment will come to Maharashtra: Minister Chandrashekhar Bawankule a day after CM Fadnavis met WEF founder in Davos Mumbai, January 21: A day after Maharashtra Chief Minister Devendra Fadnavis met Klaus Schwab, the founder and Chairman of the World Economic Forum (WEF) in Davos, Maharashtra Minister Chandrashekhar ...
CII Special Session at Davos unveils vision for Swarna Andhra@2047 and India's green industrial future Davos, January 21: Confederation of Indian Industry (CII) on Tuesday hosted a special session on Swarna Andhra@2047 at WEF Davos, bringing together thought leaders to discuss Andhra Pradesh's transfor...
Cambodia's trade with ASEAN rises to $15.69 billion in 2024, up 12.4 pct Phnom Penh, Jan 21: Cambodia's trade volume with its fellow ASEAN member states reached $15.69 billion in 2024, up 12.4 per cent from 13.96 billion dollars in the year before, said a Ministry of Comme...
Union Budget 2025 to prioritize growth with focus on CAPEX, infrastructure, and social welfare: Report New Delhi, January 20: The upcoming Union Budget is expected to prioritize growth by significantly enhancing capital expenditure (CAPEX) with key focus areas anticipated to include infrastructure proj...
WEF chief forecasts 7 to 8 pc growth for India on back of economic reforms New Delhi, Jan 20: World Economic Forum (WEF) president and CEO Borge Brende has forecast a 7 to 8 per cent GDP growth for India on the back of higher investments driven by economic reforms....
EdTech sector's contribution to India's GDP set to quadruple by 2029: Report New Delhi, January 20: The EdTech sector in India is witnessing unprecedented growth, with its contribution to the country's GDP projected to rise from 0.1 per cent in 2020 to 0.4 per cent by 2029, ac...
World Bank expects India's fiscal deficit to shrink further amid rising tax revenues New Delhi, Jan 19: India's fiscal deficit is expected to shrink further, on the back of growing tax revenues, according to a World Bank report....
CII pegs India's growth rate at 7 per cent for 2025-26 amid rising private investments New Delhi, Jan 19: An increase in private investments and employment is expected to keep India's overall growth around a stable 6.4-6.7 per cent during the current financial year and is likely to driv...
Our goal is to make Odisha prosperous state by 2036: CM Mohan Charan Majhi Bhubaneswar, January 19: Chief Minister Mohan Charan Majhi stated that his goal is to make Odisha prosperous by 2036 and a "growth engine of India by 2047."...
India continues to outpace global peers on economic growth: Centre New Delhi, Jan 18: As the fastest-growing large economy, with steady growth projected at 6.7 per cent over the next two fiscal years, India continues to outpace global peers and cement its position as...
India's economic growth poised to rebound as demand picks up: RBI bulletin Mumbai, Jan 18: India's economic growth is poised to rebound as domestic demand regains strength reflecting a resilience in consumption, supported by brighter agricultural prospects," according to the...
IMF projects India growth to be solid at 6.5 pc in 2025 and 2026 New Delhi, Jan 18: In India, the economic growth is projected to be solid at 6.5 per cent in 2025 and 2026, as projected in October and in line with potential, the International Monetary Fund (IMF) ha...
International Monetary Fund retains India's GDP growth forecast at 6.5% for FY26, FY27 New Delhi, January 18: The International Monetary Fund (IMF) retained India's growth forcastat 6.5 per cent for for fiscal 2026 and fiscal 2027, the global economic body said in its World Economic Out...
Devendra Fadnavis set for Davos visit expecting investments for Maharashtra Mumbai, January 17: Maharashtra Chief Minister Devendra Fadnavis will participate in the annual World Economic Forum in Davos. The Maharashtra chief minister will leave Mumbai early morning on Sunday....
Govt capex, rising consumer spending to spur India's GDP growth in 2025-26: Report New Delhi, Jan 17: The Federation of Indian Chambers of Commerce and Industry (FICCI) is optimistic about India's economic outlook for 2025-26 as it expects the Government's continuing thrust on capit...
World Bank projects India's growth to be 6.7 pc in next two fiscal years United Nations, Jan 17: The World Bank projects India’s economy to grow by 6.7 per cent in the next fiscal year starting in April, slightly higher than in the current fiscal year, and continuing to ...
India's exports rise 6.03 pc to USD 602.64 billion in April-December 2024 New Delhi, January 15: India's exports grew in April-December 2024 reaching an estimated USD 602.64 billion, marking a rise of 6.03 per cent compared to USD 568.36 billion during the same period in 20...
1.59 lakh startups, 16.6 lakh jobs make India world's 3rd largest ecosystem: Centre New Delhi, Jan 15: With more than 1.59 lakh startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) as of January 15, India has firmly established itself as the thir...
India most resilient economy among top 10, to become 4th largest one by 2026: PHDCCI New Delhi, Jan 15: India will be the most resilient economy among the top 10 leading ones in the next three years (2025-2027), becoming the fourth largest economy by 2026, the PHD Chamber of Commerce ...
India's macros remain robust, long-term growth prospects steady: Report New Delhi, Jan 15: India's macros (like fiscal consolidation, strong balance sheets and recovery in consumption) remain robust amid slowing global growth and the country's long-term growth prospects r...
Significant growth opportunities in India because of under-penetration in most sectors: Report New Delhi, January 15: India stands out as a promising market with vast untapped potential, as the country remains below the global average in product penetration across several key sectors, highlight...
India's plastic pipe industry has significant headroom for growth: Jefferies New Delhi, January 14: India's plastic pipe industry has immense growth potential due to its lower per-capita pipe consumption compared to the global average, according to a recent report by Jefferies...
Govt expenditure on big infra projects to drive growth in 2025-26: Report New Delhi, Jan 13: The Centre's capital expenditure in big-ticket infrastructure projects such as highways, railways and power development and investments in critical sectors such as defence are expec...
Government's infrastructure investments to propel growth into FY 2026: Report New Delhi, January 12: The Union government's efforts on infrastructure development and investments in critical sectors such as railways, defence, power, and data centres are expected to drive growth ...
India to outpace major steel-consuming economies with 8-9% demand growth in 2025: CRISIL New Delhi, January 12: India will continue to outpace other major steel-consuming economies in calendar year 2025 with a demand growth of 8-9 per cent, CRISIL's Market Intelligence and Analytics repor...
India remains a bright spot in global GDP growth trajectory: Economists New Delhi, Jan 11: Amid geo-political turbulence and the shrinking of world economies, India's economy is expected to remain a bright spot in the global ecosystem, pushing the global growth trajectory...
India's economic growth expected to accelerate in 2nd half of 2024-25: Report New Delhi, Jan 11: The Indian economy is expected to pick up growth momentum in the second half of the current financial year with high-frequency indicators such as digital payments, power demand, ser...
Industrial growth likely to slow down to 6.2 pc for FY25, revival hoped in second half: Report New Delhi, January 11: India's industrial sector is expected to grow at a slower pace of 6.2 per cent in FY25 compared to 9.5 per cent in FY24, as per advance estimates, primarily due to the base effe...
India's industrial growth accelerates to 6-month high in November New Delhi, Jan 10: India’s industrial growth, reflected in the Index of Industrial Production (IIP), accelerated to a 6-month high of 5.2 per cent in November, up from 3.5 per cent in October of the...
India's industrial production records multi-month high of 5.2% in November New Delhi, January 10: The Index of Industrial Production (IIP) growth rate for the month of November 2024 is 5.2 per cent (a multi-month high), which was 3.5 per cent the month prior, quick estimates...
India to continue as fastest-growing major economy globally: Report New Delhi, Jan 10: India will continue to stand out as the fastest-growing major economy globally in the coming years with growth momentum to improve in 2025 as government spending is picking up again...
Policy support in upcoming budget could help India's growth recover to 7 pc in FY26: SBI MF Report New Delhi, January 10: Government's policy support in the upcoming Union Budget 2025 could play a key role in boosting India's economic growth to approximately 7 per cent in FY26, from an expected 6.3...
Oman's Minister of Commerce congratulates India for its economic growth, says impressive transformation over the last 20 years Muscat, January 10: Oman's Minister of Commerce, Industry, and Investment Promotion, Qais bin Mohammad Al Yousef, on Thursday lauded India's economic growth and congratulated its leadership for the co...
Global growth to remain subdued in 2025, warns United Nations New York, January 10: The United Nations has warned that global growth is expected to remain subdued in 2025 due to ongoing uncertainty, as outlined in its World Economic Situation and Prospects (WESP...
India retains title of world's fastest-growing large economy with growth projected at 6.6 pc: UN United Nations, Jan 10: "India would again be the fastest growing large economy in the world" with a projected annual growth rate of 6.6 per cent, according to Hamid Rashid, the UN head of Global Econ...
UN report pegs India's GDP growth at 6.6 pc for 2025, China seen slowing to 4.8 pc New Delhi, Jan 9: India's economy is projected to grow by 6.6 per cent in 2025, following an estimated expansion of 6.9 per cent in 2024, largely driven by private consumption and investment, accordin...
HSBC downgrades Indian stock market to 'neutral' from 'overweight' for 2025 New Delhi, January 9: As India faces slowing economic growth, HSBC Global Research has downgraded the Indian stock market outlook from "overweight" to "neutral"....
