Economy News

India has emerged as one of the world leaders in Energy Transition

Hiring in India's renewable energy sector to surge over 18 pc in FY25: Report

Hiring in renewable energy sector in India is expected to surge more than 18 per cent in FY25 as the country accelerates its transition towards achieving the ambitious target of 500 GW of non-fossil fuel capacity by 2030, according to a report on Friday.

Mar 21, 2025

DPIIT partners with Yes Bank, Kyndryl to boost startup ecosystem in India

In a major step towards strengthening India's startup ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT) on Thursday joined hands with Yes Bank to support innovators and entrepreneurs across the country.

Mar 21, 2025

Adani Group launches India's largest 'skill and employ' initiative to create future workforce

In alignment with Chairman Gautam Adani's social philosophy, the Adani Group on Wednesday launched a nationwide initiative to strengthen India's workforce by introducing the country's largest 'Skill and Employ' programme in support of the 'Make in India' campaign.

Mar 19, 2025

India's agricultural exports record double-digit surge as farm sector bounces back

India's exports of agricultural and processed food products have recorded a robust 13 per cent increase to $22.67 billion during April-February in the current financial year compared with the same period of the previous year, reflecting the strong performance of the farm sector.

Mar 19, 2025

Microfinance revival on horizon in India, banks to lead the charge: HSBC report

The outlook for microfinance institutions (MFIs) in India is improving after months of stress caused by overleveraging of borrowers, a new report said on Wednesday.

Mar 19, 2025

Exports of auto components from India see robust growth in last 2-3 years

Showcasing India's growing role in the global supply chain, exports of auto components have shown robust growth in the past couple of years.

Mar 19, 2025

India's large domestic market to cushion blow from US tariff hike: Fitch

India's large domestic market to compensate blow from US tariff hike: Fitch

The large size of India's domestic market, which reduces reliance on external demand, is expected to insulate the country from the US tariff hike, with the economy expected to maintain a growth of 6.5 per cent in FY26, global ratings agency Fitch said on Wednesday.

Mar 19, 2025

Experts call for incentives to fishermen for adopting sustainable practices

Centre allocated Rs 3,490 crore for fishing harbours to promote exports

The Centre has allocated Rs 3,490 crore as financial assistance to the states, Union Territories, and implementing agencies for the construction of fishing harbours, fish landing centres, and modernisation and maintenance dredging of existing fishing harbours to promote seafood exports which have doubled to Rs. 60,523.89 crore in the last 10 years, the Parliament was informed on Tuesday.

Mar 18, 2025

India's CPI inflation falls to 5-month low of 4.31 per cent in Jan

India's CPI inflation to average 4% in FY26, 75bps rate easing cycle likely: Morgan Stanley

A Morgan Stanley report on Tuesday projected that it expects consumer price index (CPI) inflation in India to average 4 per cent in F26, which implies cumulative easing of 75bps by the RBI (compared to 50bps projected previously) in the coming months.

Mar 18, 2025

India exporting metro coaches, railway bogies to Australia, Europe: Ashwini Vaishnaw

India-made Metro coaches are being exported to Australia, while bogies are being sent to the UK, France, Australia and Saudi Arabia, reflecting the expanding footprint of the country's railways at the global level, Union Railways Minister Ashwini Vaishnaw said.

Mar 18, 2025

Budget 2025-26: CII seeks cut in income tax, 3-tier Customs duty to spur growth

India's direct tax collections surge 16% to Rs 25.86 lakh crore in FY 24-25

India's direct tax collections recorded a robust 16.2 per cent growth to Rs 25.86 lakh crore during April 1, 2024 - March 16, 2025 of the current financial year compared to the same period of the previous financial year, according to latest figures compiled by the Income Tax Department.

Mar 18, 2025

Indian Railways providing 47% travel subsidy to passengers: Ashwini Vaishnaw

Indian Railways is providing more subsidy to passengers as the cost of travel per km by train is Rs 1.38 but passengers are charged only 73 paise — meaning 47 per cent subsidy, Union Minister of Railways Ashwini Vaishnaw has informed.

Mar 18, 2025

India's trade deficit dips to 3-year low of $14.05 billion in February

India's merchandise trade deficit narrowed to an over 3-year low at $14.05 billion in February from $22.99 billion in January as exports held steady during the month while imports declined, according to the latest data compiled by the Ministry of Commerce and Industry.

Mar 17, 2025

EPFO registers historic high of 2.16 crore auto claim settlements in FY25

The Employees' Provident Fund Organisation (EPFO) achieved a historic high of 2.16 crore auto claim settlements during the current financial year (up to March 6), up from 89.52 lakh in FY2023-24, the Parliament was informed on Monday.

Mar 17, 2025

Gold prices hit all-time high, cross Rs 86,875 per 10 grams

Central banks, gold ETFs to fuel strong demand for yellow metal in 2025: Report

Central banks and Gold Exchange Traded Fund (ETF) investors will continue to be the key drivers of gold demand in 2025, as per a report.

Mar 16, 2025

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Economy News

Hiring in India's renewable energy sector to surge over 18 pc in FY25: Report

DPIIT partners with Yes Bank, Kyndryl to boost startup ecosystem in India

Adani Group launches India's largest 'skill and employ' initiative to create future workforce

India's agricultural exports record double-digit surge as farm sector bounces back

Microfinance revival on horizon in India, banks to lead the charge: HSBC report

Exports of auto components from India see robust growth in last 2-3 years

India's large domestic market to compensate blow from US tariff hike: Fitch

Centre allocated Rs 3,490 crore for fishing harbours to promote exports

India's CPI inflation to average 4% in FY26, 75bps rate easing cycle likely: Morgan Stanley

India exporting metro coaches, railway bogies to Australia, Europe: Ashwini Vaishnaw

India's direct tax collections surge 16% to Rs 25.86 lakh crore in FY 24-25

Indian Railways providing 47% travel subsidy to passengers: Ashwini Vaishnaw

India's trade deficit dips to 3-year low of $14.05 billion in February

EPFO registers historic high of 2.16 crore auto claim settlements in FY25

Central banks, gold ETFs to fuel strong demand for yellow metal in 2025: Report

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