Economy

The central government’s Production-Linked Incentive (PLI) schemes could generate an incremental revenue of USD 459 billion over the next 5-6 years across more than 720 companies, according to a report …

Goods and Services Tax (GST) collections in December, in gross terms, were at Rs 1.76 lakh crore, with a yearly jump of 7.3 per cent, according to data from the …

China’s economy is facing a slowdown, with growth dropping from 6.5 per cent before the pandemic to just 4.6 per cent now, and there are concerns that even that number …

The year 2024 marked a pivotal year for India, showcasing its dominance in pharmaceuticals, biotechnology, defence, nuclear energy, space, infrastructure, and emerging technologies like quantum computing, AI, and blockchain. Transformative …

As the world prepares to welcome a new year, fresh uncertainties have surfaced for global trade in the financial year 2026, according to the November monthly economic review by the …

Union Finance Minister Nirmala Sitharaman chaired the fourth Pre-Budget Consultation meeting on Thursday with stakeholders and experts from the export, trade, and industry sectors in preparation for the Union Budget …

India has completed 20 years of implementing gender budgeting policies, with the share of the gender budget in the total expenditure rising to 6.8 per cent in 2024 from 4.5 …

The central government has utilized only 37.28 per cent of the budgeted Effective Capital Expenditure (ECE) in the first half of the financial year 2024-25, according to the data released …

Indian equity returns beat US markets, Rs 100 invested in 1990 would have become Rs 9500 in India while in US it would have been only Rs 8400, according to …

The gross direct tax collections by the government so far in 2024-15 were 20.32 per cent higher on a yearly basis at Rs 19.21 lakh crore, data released by the …

Amid escalating economic crisis, Pakistan’s debt surged by Pakistani Rupees (PKR) 4,304 billion in the first eight months of the current tenure, ARY News reported citing official documents. As of …

The HSBC Flash India Composite Output Index, which tracks combined output across manufacturing and services, rose to 60.7 in December from 58.6 in November, signaling the strongest expansion since August …

The Indian space economy, which currently contributes eight to nine per cent of the world space economy, will increase threefold in next 10 years according to Union Minister Jitendra Singh. …

The Unified Payments Interface (UPI) has achieved 15,547 crore transactions worth Rs 223 lakh crore from January to November this year, the Finance Ministry said on Saturday. The ministry, in …

Union Minister for Commerce and Industry Piyush Goyal on Thursday expressed optimism about India’s economic growth, projecting that the country’s exports will surpass USD 1 trillion within the next two …

The Finance Ministry announced on Thursday a significant improvement in the issuance of tax refunds for the financial year 2024-25. Between April 1 and November 27 this year refunds amounting …

India’s industrial production likely improved in October 2024, driven by festive demand, according to a report by Union Bank of India. The report highlighted that the Index of Industrial Production …

The Northeast region has received an increase of more than 300 percent in the budget outlay since 2014, said Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, on Friday. …

The Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 6.5 per cent for the 11th consecutive period, marking a continuation of its neutral monetary policy …

The Indian Energy Exchange (IEX) recorded a significant rise in electricity traded volumes in November 2024. According to a regulatory filing, IEX achieved a trading volume of 9,689 million units …

The government on Monday withdrew the windfall tax levied on Aviation Turbine Fuel (ATF), crude products, petrol and diesel through a notification introduced in the Lok Sabha. The withdrawal of …