Economy News

Chidambaram Releases 'Real State of the Economy 2025' Report

"Every second young Indian is jobless": Congress report reveals startling economic realities

The 'Real State of the Economy 2025' report projects India's GDP growth at 6.4%, warning of a 'middle-income trap'. It highlights a severe employment crisis, with youth unemployment at 45.4%, and a decline in household incomes.

Jan 31, 2025

National Critical Minerals Mission to cut dependence on imports, support Net Zero goal: PM Modi

Prime Minister Narendra Modi on Thursday said that the National Critical Minerals Mission, approved by the Cabinet, aims to reduce import dependence, strengthen domestic value chains and support India's 'Net Zero by 2070' goal.

Jan 30, 2025

Digital payments across India record double-digit jump year-on-year: RBI

Digital payments across India recorded a double-digit jump of 11.1 per cent year-on-year (YoY) as on September 2024, according to the Reserve Bank of India's (RBI) index that measures the adoption of online transactions, according to a Central Bank statement.

Jan 30, 2025

RBI likely to go for steps to spur growth in February monetary policy review: Jefferies

The RBI's monetary policy committee meeting scheduled for February is likely to spring some positive surprises with a growth-favoured approach, according to brokerage firm Jefferies.

Jan 29, 2025

Each rupee invested in India's highways has led to Rs 3 rise in GDP: IIM-Bangalore study

Each rupee invested in India's highways led to Rs 3 rise in GDP: IIM-Bangalore study

Investments made in India's highways sector have translated to a more than three-fold increase in the country's GDP due to the multiplier effect resulting from the creation of more jobs and incomes in the economy, according to an IIM-Bangalore study.

Jan 29, 2025

India's economic growth expected to accelerate in 2nd half of 2024-25: Report

Union Budget 2025 to act as catalyst for India's $5 trillion economy goal

India's goal of becoming a $5 trillion economy calls for policies that promote sustainable and inclusive growth and the Union Budget 2025-26 can act as a catalyst for growth while ensuring equity and efficiency in the economy.

Jan 29, 2025

India Inc. pegs GDP growth at 6.5-6.9 pc for 2025-26: FICCI pre-Budget survey

India Inc. is optimistic about the growth prospects of the economy and wants the Union government's thrust on capital expenditure (Capex) to continue in the Union Budget 2025-26, according to a survey released by apex business chamber FICCI

Jan 28, 2025

RBI may begin rate easing cycle with 25 bps cut, add durable liquidity: Morgan Stanley

Morgan Stanley on Tuesday said that it expects the Reserve Bank of India (RBI) to commence the rate easing cycle with a 25-bps rate cut, reflecting the current domestic growth-inflation dynamics.

Jan 28, 2025

PMAY holds key to affordable housing for millions

Anarock Chairman Stresses on PMAY Accessibility Boost

The Pradhan Mantri Awas Yojana (PMAY-Urban) scheme has sanctioned 118.64 lakh homes since 2015, with a financial commitment of nearly Rs 200,000 crore. Anuj Puri, Chairman of the Anarock Group, emphasized the need to increase the accessibility of PMAY and raise awareness about the scheme.

Jan 28, 2025

India's major ports record 3.2 pc rise in cargo during Dec, Deendayal Port leads

India's major ports record 3.2% rise in cargo during Dec, Deendayal Port leads

India's 12 major ports, owned by the Central government, handled 72.2 million tonnes of cargo in December, recording a 3.22 per cent growth over the same month of the previous year.

Jan 28, 2025

UPI's share in India's digital payments surged to 83%: RBI report

The share of the Unified Payments Interface (UPI) in India's digital payments has surged from 34 per cent in 2019 to an impressive 83 per cent in 2024, with a remarkable CAGR (cumulative average growth rate) of 74 per cent over the last five years, according the RBI's payment system report.

Jan 28, 2025

Adani Wilmar clocks 105 pc profit jump in Q3, revenue rises 31 pc

Adani Wilmar saw its stock rising on Monday after the company reported a 105 per cent jump in net profit at Rs 410.57 crore in Q3 FY25, compared to Rs 201 crore in the same quarter last year.

Jan 27, 2025

Indian stock market opens flat, PSU bank shares lead

Key reasons why Indian stock market is falling

The Indian stock market witnessed a sharp fall on Monday as the benchmark indices faced heavy selling pressure amid weak global cues, uncertainty over US trade policies and sustained foreign fund outflows.

Jan 27, 2025

Govt starts search for new SEBI chief as Buch's tenure ends on Feb 28

The Union Ministry of Finance has started the search for a new chairman to head the Securities and Exchange Board of India (SEBI) as the tenure of incumbent Madhabi Puri Buch ends on February 28.

Jan 27, 2025

India's aircraft MRO industry revenue to rise 50% next fiscal, surpass Rs 4,500 crore

Riding on expanding fleet size and GST rationalisation, India's domestic aircraft maintenance, repair and overhaul (MRO) industry is likely to see its revenue surpass Rs 4,500 crore in fiscal 2026 (FY26), clocking an impressive 50 per cent growth over fiscal 2024

Jan 27, 2025

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Economy News

"Every second young Indian is jobless": Congress report reveals startling economic realities

National Critical Minerals Mission to cut dependence on imports, support Net Zero goal: PM Modi

Digital payments across India record double-digit jump year-on-year: RBI

RBI likely to go for steps to spur growth in February monetary policy review: Jefferies

Each rupee invested in India's highways led to Rs 3 rise in GDP: IIM-Bangalore study

Union Budget 2025 to act as catalyst for India's $5 trillion economy goal

India Inc. pegs GDP growth at 6.5-6.9 pc for 2025-26: FICCI pre-Budget survey

RBI may begin rate easing cycle with 25 bps cut, add durable liquidity: Morgan Stanley

Anarock Chairman Stresses on PMAY Accessibility Boost

India's major ports record 3.2% rise in cargo during Dec, Deendayal Port leads

UPI's share in India's digital payments surged to 83%: RBI report

Adani Wilmar clocks 105 pc profit jump in Q3, revenue rises 31 pc

Key reasons why Indian stock market is falling

Govt starts search for new SEBI chief as Buch's tenure ends on Feb 28

India's aircraft MRO industry revenue to rise 50% next fiscal, surpass Rs 4,500 crore

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react