Economy News

Stable political scenario, favourable policy, infra push to drive Indian economy in 2025

Indian economy in robust spot globally in 2025 with high frequency indicators picking up growth

As 2025 begins on a note of heightened global uncertainties ahead of the US President-elect Donald Trump's inauguration, India continues to be in a much stronger position with high frequency indicators showing a pick up in the pace of growth in the third quarter of current fiscal (Q3 FY25)

Jan 2, 2025

Maharashtra's biggest industrial land parcel in Navi Mumbai sold for a song to Reliance Industries

Mumbai sees highest-ever property registrations in 13 years in 2024

Mumbai had over 1.41 lakh property registrations in 2024 -- the highest in 13 years – and an 11 per cent growth from 2023, according to a new report

Jan 2, 2025

India's coffee exports surge past record $1 billion mark in April-November

India's coffee exports have surged during April-November of the current financial year, shooting past a record $1 billion during the 8-month period, according to figures compiled by the Centre for Monitoring Indian Economy (CMIE).

Jan 1, 2025

India's exports of goods and services projected to surpass $800 bn in 2024: GTRI report

India's total exports of goods and services in 2024 are projected to exceed Rs 69,58,886 crore ($814 billion).

Jan 1, 2025

UPI transactions value up 8 pc to Rs 23.25 lakh cr in Dec, surges 35 pc in 2024

In a fresh record, the unified payments interface (UPI) transactions witnessed 8 per cent growth (on-month) in volume reaching 16.73 billion in December

Jan 1, 2025

PM Modi's Cabinet approves ₹3,300 crore for 'Made in India' semiconductors

2024 recap: From steel to semiconductors, India's manufacturing sector scales new heights in various fields

India's manufacturing sector is making its presence felt on the global stage across industries ranging from electronics to steel, with the country emerging as the world's third-largest smartphone exporter and net exporter of steel for the first time.

Dec 31, 2024

Centre joins HCLSoftware to boost startup manufacturing ecosystem

Year Ender: Indian startups raise $12 billion, new-age firm joins Sensex for first time

The year 2024 has been historic for Indian startups as the government abolished the angel tax (a tax levied on investing in startups), which improved Indian startups' funding and enabled them to raise more than $12 billion.

Dec 31, 2024

Stable political scenario, favourable policy, infra push to drive Indian economy in 2025

After a resilient performance in 2024 amid geo-political headwinds, the Indian economy is poised to be supported by a stable political scenario, favourable policy environments, the effects of production-linked incentive (PLI) programmes, possibilities brought about by changes in the global supply chain and government emphasis on infrastructure spending.

Dec 31, 2024

Streamline taxation, bolster manufacturing in Union Budget: PHDCCI

A simplified tax structure can reduce compliance costs and increase disposable income while boosting consumer spending

Dec 30, 2024

Budget 2025-26: Assocham seeks further ease of doing biz, credit flow for MSMEs

In order to further empower micro, small and medium enterprises (MSMEs) and ensure ease of doing business, there is a need to establish integrated infrastructure townships and universities to promote skill development and entrepreneurship training as well as to foster growth within the sector.

Dec 30, 2024

India's defence production poised to clock 20 pc annual growth in FY 2024-29

On the back of robust government reforms and increasing private sector participation, India's defence sector production is set to grow at a compound annual growth rate (CAGR) of around 20 per cent during FY24-FY29.

Dec 30, 2024

Passengers to board flights at Navi Mumbai International Airport from May 2025: Officials

After the successful trial of the first commercial flight at Navi Mumbai International Airport (NMIA), airport officials called it a historic moment and said commercial operations will begin at the airport in May 2025.

Dec 29, 2024

Railway projects worth Rs 88,875 crore sanctioned in big boost to 3 economic corridors

A total of 58 railway projects have been sanctioned across three economic corridors, with a combined completion cost of about Rs 88,875 crore and a total track length of about 4,107 kilometres during 2024 as part of the Centre's strategy to spur economic growth in the country through big infrastructure projects, according to the year-end review of the Indian Railways.

Dec 29, 2024

India records highest ever coal production in 2023-24, focus on raising coking coal output

India recorded its highest ever coal production of 997.826 million tonnes (MT) in the financial year 2023-24 which represents an 11.71 per cent increase in comparison to the corresponding figure of 893.191 MT in the year 2022-23, according to the year-end review of the Coal Ministry.

Dec 29, 2024

Funding booster: Indian startups see 20 pc jump at $12 billion this year

The Indian startup ecosystem received a funding booster this year with raising more than $12 billion, a 20 per cent jump from last year's $10 billion.

Dec 28, 2024

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Economy News

Indian economy in robust spot globally in 2025 with high frequency indicators picking up growth

Mumbai sees highest-ever property registrations in 13 years in 2024

India's coffee exports surge past record $1 billion mark in April-November

India's exports of goods and services projected to surpass $800 bn in 2024: GTRI report

UPI transactions value up 8 pc to Rs 23.25 lakh cr in Dec, surges 35 pc in 2024

2024 recap: From steel to semiconductors, India's manufacturing sector scales new heights in various fields

Year Ender: Indian startups raise $12 billion, new-age firm joins Sensex for first time

Stable political scenario, favourable policy, infra push to drive Indian economy in 2025

Streamline taxation, bolster manufacturing in Union Budget: PHDCCI

Budget 2025-26: Assocham seeks further ease of doing biz, credit flow for MSMEs

India's defence production poised to clock 20 pc annual growth in FY 2024-29

Passengers to board flights at Navi Mumbai International Airport from May 2025: Officials

Railway projects worth Rs 88,875 crore sanctioned in big boost to 3 economic corridors

India records highest ever coal production in 2023-24, focus on raising coking coal output

Funding booster: Indian startups see 20 pc jump at $12 billion this year

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