Economy News

India's fruit exports break new ground in rich markets as Centre's GI tags drive growth

India's agricultural exports have broken new ground under the Modi government with shipments of the country's fruits entering lucrative markets in the west for the first time and exports of rice posting a record growth, enabling farmers to earn higher incomes

Feb 21, 2025

India on Track to Become High-Income Nation with $23–$35 Trillion GDP by 2047, claims Report

India is set to transform into a high-income country with a projected GDP of $23–$35 trillion by 2047, driven by sustained annual growth of 8-10 per cent, according to a report on Thursday.

Feb 20, 2025

India Set to Remain World's Fastest-Growing Economy in 2025-26: RBI

High frequency indicators point towards a sequential pick-up in momentum of India's economic activity during the second half of 2024-25, which is likely to sustain moving forward, according to the latest RBI monthly bulletin.

Feb 20, 2025

India sees over 30 pc decline in suicide death rates from 1990 to 2021: Lancet

NRI accounts clock 43% jump in funds to $13.33 billion in April-Dec

The flow of funds from Indians working overseas into non-resident Indian (NRI) bank accounts has shot up by 42.8 per cent to $13.33 billion between April and December 2024, compared to $9.33 billion during the same period in 2023, according to the latest figures compiled by the Reserve Bank of India (RBI).

Feb 20, 2025

SBI pegs India's GDP growth at 6.3 pc for Q3 of 2024-25

SBI economists have pegged India's GDP growth at 6.2-6.3 per cent for Q3 (October-December) of 2024-25 driven by buoyant demand and Capex trends along with the increase in EBIDTA and corporate GVA recorded by India Inc.

Feb 19, 2025

Earning Indians allocating over 33% of income towards paying loan EMIs: Report

As private consumption surges in India, earning individuals across all city tiers are allocating more than 33 per cent of their income (on average) towards paying loan EMIs, a report showed on Wednesday.

Feb 19, 2025

India's GDP growth expected to touch 6.6% in Q3 of 2024-25: Report

India's GDP is expected to grow at 6.6 per cent in the October-December period of 2024-25, which is slower than the corresponding figure of 8.6 per cent for the same quarter of 2023-24, but remains robust with support from agriculture, government spending, and services

Feb 18, 2025

Bengal reserves 30 pc of cold storage space for marginal farmers

The West Bengal government has directed all the cold storage owners in the state to reserve 30 per cent of the space at their respective facilities for the marginal farmers.

Feb 17, 2025

Bilateral investment treaties must ensure arbitrators don't ignore national interest: FM Sitharaman

Speaking at the inauguration of the first PG Certificate Course on International Commercial & Investment Treaty Arbitration here, Nirmala Sitharaman pointed out that arbitrators have often ignored the judicial decisions of the host country.

Feb 16, 2025

India's forex reserves surge for 3rd straight week

India's foreign exchange reserves increased by $7.6 billion to stood at $638 billion as of February 7, according to latest data by the Reserve Bank of India (RBI).

Feb 15, 2025

Stock market hinges on global trade developments, time to focus on strong businesses

Nifty and Sensex faced resistance at higher levels this week, leading to profit booking, as global macro uncertainties and mixed earnings kept investors wary. Going forward, market direction will hinge on global trade developments, earnings outcomes and sectoral momentum, say experts.

Feb 15, 2025

India's nuclear energy capacity jumps from 4,780 MW to 8,180 MW in 10 years, set for big leap

India's nuclear energy capacity jumps from 4,780 MW to 8,180 MW in last 10 years, set for big leap

India's nuclear sector has grown significantly over the last ten years from 4,780 MW in 2014 to 8,180 MW in 2024 and is poised to accelerate further after agreements signed during Prime Minister Narendra Modi's visit to France backed by a stepped-up allocation in the Union Budget.

Feb 14, 2025

New Income Tax Bill 2025

Finance Minister Nirmala Sitharaman introduced the new Income Tax Bill, 2025, aiming to simplify tax laws and encourage voluntary compliance. The bill, reduced to 622 pages, replaces complex provisions with clearer ones and introduces terms like 'tax year'.

Feb 14, 2025

Gold prices set to fall further after Donald Trump's win

Bank customers rush to buy gold amid woes over rates, Trump policies

Bank customers are rushing to buy gold on dashed hopes for early rate cuts by the Federal Reserve (Fed) and woes over the policies of US President Donald Trump's administration, industry data showed on Wednesday.

Feb 12, 2025

Mutual fund SIP inflows cross Rs 26,000 crore mark for 2nd month in a row

Monthly systematic investment plan (SIP) contributions stayed above the Rs 26,000 crore mark for the second straight month, as the month of January clocked Rs 26,400 crore SIP investments, compared to Rs 26,459 crore in December, the Association of Mutual Funds in India (AMFI) said on Wednesday.

Feb 12, 2025

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Economy News

India's fruit exports break new ground in rich markets as Centre's GI tags drive growth

India on Track to Become High-Income Nation with $23–$35 Trillion GDP by 2047, claims Report

India Set to Remain World's Fastest-Growing Economy in 2025-26: RBI

NRI accounts clock 43% jump in funds to $13.33 billion in April-Dec

SBI pegs India's GDP growth at 6.3 pc for Q3 of 2024-25

Earning Indians allocating over 33% of income towards paying loan EMIs: Report

India's GDP growth expected to touch 6.6% in Q3 of 2024-25: Report

Bengal reserves 30 pc of cold storage space for marginal farmers

Bilateral investment treaties must ensure arbitrators don't ignore national interest: FM Sitharaman

India's forex reserves surge for 3rd straight week

Stock market hinges on global trade developments, time to focus on strong businesses

India's nuclear energy capacity jumps from 4,780 MW to 8,180 MW in last 10 years, set for big leap

New Income Tax Bill 2025

Bank customers rush to buy gold amid woes over rates, Trump policies

Mutual fund SIP inflows cross Rs 26,000 crore mark for 2nd month in a row

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