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Economy

  • Economy

    India poised to become major driver for global trade, ranks third after US and China: Report

    by ANI March 24, 2025
    by ANI March 24, 2025

    India is set to become a major driver of global trade growth over the next five years, ranking third in terms of absolute trade expansion, according to the DHL Trade …

  • Economy

    India to grow by 6.3-6.8 percent in FY26 : Economic Survey

    by ANI January 31, 2025
    by ANI January 31, 2025

    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 …

  • Economy

    Economies like India set to drive next wave of Asia’s growth, China’s contribution to decline: Morgan Stanley

    by ANI November 14, 2024
    by ANI November 14, 2024

    Economies like India are set to drive the next wave of Asia’s growth as the China’s contribution to the region’s growth is set to decline, highlighted a report by Morgan …

  • Economy

    India’s GDP surpasses estimates, grows at 8.2 pc in FY24 and 7.8 pc in Q4

    by ANI May 31, 2024
    by ANI May 31, 2024

    India’s gross domestic product (GDP) surpassed all expectations and stood at 7.8 per cent in the January-March quarter. The full-year 2023-24 GDP has been revised upwards to 8.2 per cent …

  • Economy

    NCCF starts selling onions at Rs 25 per kg as Govt goes in for big procurement to ease prices

    by IN Bureau August 21, 2023
    by IN Bureau August 21, 2023

    In an unprecedented move the Government has gone in for a sharp increase in the quantity of its buffer stock of onions to 5 lakh metric tonnes this year, after …

  • Economy

    India to launch BRICS Startup Forum in 2023 for global push to economic ties

    by IN Bureau August 8, 2023
    by IN Bureau August 8, 2023

    India will be launching the BRICS Startup Forum in 2023 with the goal of facilitating collaboration and sharing best practices among startups, investors, incubators, and aspiring entrepreneurs, Commerce and Industry …

  • Economy

    GST officials detect Rs 1,125 crore fraud by fake firms in Gurugram

    by IN Bureau June 23, 2023
    by IN Bureau June 23, 2023

    GST officials have busted a whopping Rs 1,124.66 crore racket in Gurugram involving fraudulent claims of Input Tax Credit (ITC) by 539 fake entities. Acting on a tip-off, The Directorate …

  • Economy

    Retail inflation falls 2-year low during May in big relief to consumers

    by IN Bureau June 12, 2023
    by IN Bureau June 12, 2023

    India’s retail inflation slowed to a more than two-year low of 4.25% in May as food prices eased during the month, official figures released on Monday showed. Suvodeep Rakshit, Senior …

  • Economy

    GST collection shoots past Rs 1.57 lakh crore in May

    by IN Bureau June 1, 2023
    by IN Bureau June 1, 2023

    The country’s gross Goods & Services Tax (GST) revenue collected in the month of May this year registered a 12% growth over the same month last year to shoot past …

  • Economy

    No need to fill out forms for exchanging Rs 2000 notes, clarifies SBI 

    by IN Bureau May 21, 2023
    by IN Bureau May 21, 2023

    The State Bank of India’s top management has informed all branches of the bank that no form or requisition slip was required to be filled out by persons walking in …

  • Economy

    RBI withdrawing Rs 2,000 notes, sets Sept 30 deadline for people to exchange them at banks

    by IN Bureau May 19, 2023
    by IN Bureau May 19, 2023

    The Reserve Bank of India (RBI) on Friday announced it will withdraw Rs 2,000 notes from circulation and people can exchange or deposit them in their bank accounts by September …

  • Economy

    Amazon, Flipkart among e-firms in trouble for selling seat belt alarm stoppers

    by IN Bureau May 12, 2023
    by IN Bureau May 12, 2023

    The Central Consumer Protection Authority (CCPA) has issued orders against top five e-commerce platforms for selling car seat belt alarm stopper clips. The clips pose a risk to the life …

  • Economy

    Hyundai to invest Rs 20,000 crore in Tamil Nadu for making Electric Vehicles

    by IN Bureau May 11, 2023
    by IN Bureau May 11, 2023

    South Korean auto giant Hyundai Motor said on Thursday that  it will invest Rs 20,000 crore in Tamil Nadu over the next 10 years to expand the production of electric …

  • Economy

    Global aerospace giant SAFRAN chairman Ross McInnes calls on PM Modi

    by IN Bureau April 20, 2023
    by IN Bureau April 20, 2023

    Mr. Ross McInnes, the Group Chairman of global aerospace and defence giant SAFRAN called on Prime Minister Narendra Modi on Wednesday. The Prime Minister’s Office tweeted: “Yesterday, Mr. Ross McInnes, …

  • Economy

    RBI pauses hike in key policy rate bringing cheer to industry

    by Mahua Venkatesh April 6, 2023
    by Mahua Venkatesh April 6, 2023

    The Reserve Bank of India’s (RBI) surprise move to keep interest rates unchanged at 6.5 per cent has brought cheer to the industry as it indicated that the focus may …

  • Economy

    GST revenue shoots past Rs 1.6 lakh crore in March, 2nd highest ever

    by IN Bureau April 1, 2023
    by IN Bureau April 1, 2023

    The gross GST revenue collected in the month of March 2023 shot up to Rs 1,60,122 crore which is the second highest collection ever, next only to the collection in …

  • World

    Credit Suisse gets $54 billion lifeline to stave off collapse

    by IN Bureau March 16, 2023
    by IN Bureau March 16, 2023

    Credit Suisse on Thursday said it was borrowing up to $54 billion from the Swiss central bank to strengthen its liquidity after a massive crash in its shares in the …

  • Economy

    India emerges as bright spot as Modinomics works

    by IN Bureau January 7, 2023
    by IN Bureau January 7, 2023

    Modinomics appears to be working for India as the country has emerged as one of the fastest growing economies of the world while the inflation rate is much lower than …

  • Economy

    Rising terror threats come as another blow to Pakistan’s tottering economy

    by Mahua Venkatesh October 16, 2022
    by Mahua Venkatesh October 16, 2022

    The rising terror threats from Tehreek-i-Taliban Pakistan (TTP) or the Pakistani Taliban could deal a further blow to Pakistan’s already battered economy. The government has issued an alert after negotiations …

  • World

    Business leaders from Israel and India focus on boosting economic partnership

    by IN Bureau September 6, 2022
    by IN Bureau September 6, 2022

    Top business leaders, industrialists, and prominent entrepreneurs from India and Israel attended a special session in Delhi to discuss the emerging opportunities for trade collaborations between both countries. Celebrating 30 …

  • Opinion

    After I2U2 summit, could Blue Economy fuel Asia’s rise?

    by IN Bureau August 12, 2022
    by IN Bureau August 12, 2022

    <p> <strong>By Mohammed Baharoon, Gedaliah Afterman and N. Janardhan</strong></p> <p> <strong>As US-China tension flares over Taiwan, intra-Asia cooperation continues to offer a more positive outlook. A creative idea that could …

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