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Economy News

Spend Rs 8.7 crore for 99 sq m prime residence in Mumbai, 208 sq m in Delhi

Spend Rs 8.7 crore for 99 sq m prime residence in Mumbai, 208 sq m in Delhi: Report

With $1 million (nearly Rs 8.7 crore) in hand, one can purchase just 99 square metre of prime residential property in Mumbai nowadays, followed by 208 square metre in Delhi and 370 square metre in Bengaluru. Mar 6, 2025
India's engineering exports to US touch $1.62 billion in Jan but tariff wall looms ahead

India's engineering exports to US touch $1.62 billion in Jan but tariff wall looms ahead

India's engineering goods exports have recorded robust growth in January this year despite uncertainties in the global markets, with the United States being the top destination. Mar 6, 2025
MSMEs must integrate with large supply chains for 8 pc growth: Suman Bery

MSMEs must integrate with large supply chains for 8 pc growth: Suman Bery

India's corporate sector must step up, and MSMEs need to be integrated into larger supply chains to drive real competitiveness and achieve 7-8 per cent growth" NITI Aayog vice chairman Suman Bery said here on Thursday. Mar 6, 2025
Reserve Bank of India (RBI)

RBI's move to inject Rs 1.9 lakh crore liquidity seen as positive for banks

The RBI's move to inject Rs 1.9 lakh crore has come as a big positive for banks, which is reflected in the rise in the stock prices of both private and public sector banks, as well as Non-Banking Financial Companies (NBFCs) on Thursday. Mar 6, 2025
India's high net-worth population count poised to reach 93,753 in next 3 years: Report

India's high net-worth population count poised to reach 93,753 in next 3 years: Report

The number of India's high net-worth individuals (HNWIs), with assets exceeding $10 million, is expected to increase by 9.4 per cent from an estimated 85,698 in 2024 to 93,753 by 2028, reflecting the country's expanding wealth landscape, according to Knight Frank's The Wealth Report 2025 released on Wednesday. Mar 5, 2025
Tata Motors starts first hydrogen truck trials on Indian roads

Tata Motors starts first hydrogen truck trials on Indian roads

Tata Motors, the country's largest commercial vehicle manufacturer, has launched the first-ever trials of hydrogen-powered heavy-duty trucks on Indian roads in line with the country's green campaign to fight climate change. Mar 4, 2025
ELECTRICITY

India's power consumption reaches 131.5 billion units in Feb, ahead of summer

India's power consumption increased to 131.54 billion units (BU) in February this year, from 127.34 BU in the same month last year, according to official figures. Mar 4, 2025
India's manufacturing growth slows but stays strong in Feb

India's manufacturing growth slows but stays strong in Feb: Report

The Indian manufacturing sector's strong start to 2025 continued in February. Despite slowing to the weakest since December 2023, rates of expansion in output, employment and sales remained elevated in the context of the long-run average. Mar 3, 2025
Sensex closes flat, ICICI Bank and Bajaj Finserv top gainers

Market Outlook: Auto sales, FII's exit data and tariff development key triggers for next week

The market outlook for next week will be guided by auto sales, PMI and FIIs data, global factors such as tariff developments, geopolitical risks, according to an expert on Saturday. Mar 1, 2025
India's strong performance an opportunity for reforms to achieve advanced economy status by 2047: IMF

India's strong performance an opportunity for reforms to achieve advanced economy status by 2047: IMF

Commending India's "prudent" policies, the International Monetary Fund's (IMF) Executive Board has said its strong economic performance can help it adopt critical reforms to achieve advanced economy status by 2047. Mar 1, 2025
solar

Capex for India's green energy transmission lines to double to Rs 1 lakh crore in next 2 fiscals

The inter-state transmission system sector will see a capital expenditure (capex) of around Rs 1 lakh crore over financial years 2026 and 2027, primarily to support renewable energy evacuation, which is twice the capex of Rs 50,000 crore incurred between financial years 2024 and 2025, Feb 27, 2025
70 pc Indian women now prefer residential real estate for investment

70 pc Indian women now prefer residential real estate for investment: Report

With growing independence and higher disposable incomes, women in India are increasingly coming to the housing market as convinced investors and 70 per cent women now prefer residential real estate for investment. Feb 27, 2025
Union Budget 2025-26

India has potential to play key role in new world order, says FM Sitharaman

Finance Minister Nirmala Sitharaman on Thursday said that India will need to play a crucial role in the "global reset" as the new world order will not be determined by the developed nations. Feb 27, 2025
world bank

World Bank sees India as right place to invest for global firms

The World Bank has reaffirmed its positive outlook on India's economic growth, urging global companies to invest in the country. Feb 27, 2025
Reserve Bank Of India

Shallow rate cut cycle of 25-50 bps by RBI to boost growth: Report

A shallow rate cut cycle of 25-50 bps by the Reserve Bank of India (RBI) is expected, with further liquidity easing measures also possible, to boost growth, a report said on Monday. Feb 24, 2025
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