Economy

By Shailesh Yadav The Central Board of Direct Taxes (CBDT) “nudging campaign” has yielded significant results with 30,161 taxpayers declaring foreign assets worth over Rs 29,000 crore, government sources told …

Prime Minister Narendra Modi said that MSMEs play a transformative role in the economic growth of India. Government is committed to nurturing and strengthening this sector, during his virtual address …

The Indian economy grew by 6.2 per cent in real terms in the October-December quarter of the current financial year 2024-25, Ministry of Statistics and Programme Implementation’s official data showed …

The World Bank on Friday said India will need to grow by 7.8 per cent on average over the next 22 years to achieve the country’s aspirations of becoming a …

India’s toy industry is on a strong growth trajectory, with the potential to capture a larger share of the global toy market, which is projected to reach USD 179.4 billion …

Defence Secretary Rajesh Kumar Singh has said that the defence budget would go up by 9.5 percent from the current Rs 6.21 lakh crores to Rs 6.81 lakh crores in …

India’s overall exports, comprising both merchandise and services, rose to USD 74.97 billion in January 2025, marking an increase from USD 68.33 billion in January 2024, according to data released …

India’s direct tax collections have witnessed a robust growth of 19.06 per cent year-on-year (YoY), reaching Rs 21.88 lakh crore in the financial year 2024-25 (up to February 10, 2025), …

The Reserve Bank of India on Friday has projected real GDP growth for FY25 at 6.4 per cent, expecting economic activity to pick up in the second half, driven by …

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to announce its first monetary policy under new Governor Sanjay Malhotra on Friday. Experts anticipate that …

India’s exports of fruits and vegetables have witnessed a significant surge of 47.3 per cent in volume between the financial years 2019-20 and 2023-24, according to the Ministry of Commerce …

China’s economy is in a much weaker position “this time around” and it will be “substantially harder” for it to withstand a barrage of the US tariffs, Moody’s Analytics said. …

Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26, outlining key priorities to accelerate economic growth, ensure inclusive development, support industries, and enhance household sentiment. The budget also emphasized increasing …

India’s economy is projected to grow between 6.3 per cent and 6.8 per cent in FY26, according to the Economic Survey 2024-25, tabled in Parliament on Friday. The survey highlights …

The Indian retail sector has witnessed a sales growth of 5 per cent in December 2024 compared to the same festive time period last year, according to the Retailers Association …

In a push to strengthen India’s logistics infrastructure, the Ministry of Finance has announced the identification of 434 projects under the PM Gati Shakti initiative. Ministry of Finance posted on …

The PM Surya Ghar Muft Bijlee Yojana (PM-SGMBY) is expected to create a massive Rs 1.2 trillion opportunity in India’s solar power sector, according to a report by SBI Capital …

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 2023, …

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 …

The business of Micro Finance Institutions (MFIs) industry has risen from Rs 17,264 crores in March’12 to Rs. 3.93 lakh crore as of November’24, M Nagaraju, Secretary, DFS, Ministry of …

Retail automobile sales in India grew 9.1 per cent in 2024 to 2.61 crore units, defying multiple headwinds like extreme weather, elections, and uneven monsoons. Segment-wise, two-wheeler sales grew 10.7 …