Economy News

India poised to lead emerging markets, cement its position in global economy by 2035: S&P Global

Per capita nominal GDP in FY25 to grow by Rs 35,000 more than FY23: Economists

Despite a slowdown in real GDP growth, per capita nominal GDP in India is expected to increase significantly in FY25, by at least Rs 35,000 more than FY23, economists have said.

Jan 8, 2025

RBI purchased another 8 tonnes of gold in Nov as safe-haven asset

The Reserve Bank of India (RBI) bought another eight tonnes of gold in November 2024 as Central banks around the world continued their buying spree with a collective purchase of 53 tonnes of the precious metal during the month, according to the latest World Gold Council (WGC) report.

Jan 7, 2025

Govt rolling out Rs 15,000 crore roadmap to help steel industry cut carbon emissions

Centre to launch PLI scheme 1.1 for boosting steel manufacturing tomorrow

Union Minister of Steel and Heavy Industries H.D. Kumaraswamy will launch 'PLI scheme 1.1' for the steel industry and call for applications at an event scheduled to be held at Vigyan Bhavan

Jan 5, 2025

Women breaking glass ceilings in every sphere: Leading Indian businesswomen

Women-led startup funding in India increases to $930 million in 2024

The Indian startup ecosystem has seen major changes in the last few years and there has been an unprecedented rise in the participation of women entrepreneurs as the funding of female-led startups increased by over 90 per cent in 2024.

Jan 5, 2025

Dramatic decline in India's rural poverty from 25.7 pc to 4.86 pc in last 12 years: SBI report

India's rural poverty ratio has registered a dramatic decline to 4.86 per cent in the financial year 2023-24 from 25.7 per cent in 2011-12 while urban poverty has fallen to 4.09 per cent from 4.6 per cent during this period

Jan 3, 2025

Northern Railway announces train timings for Katra-Srinagar route

Northern Railway on Friday announced train timings for the Katra-Srinagar route, which is expected to be inaugurated after January 20.

Jan 3, 2025

India well-positioned to see significant growth in agricultural export in 2025: Report

With the government's focus on infrastructure development, technological advancements and initiatives to promote exports, India is well-positioned to see significant growth in its agricultural export sector in 2025

Jan 3, 2025

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

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Economy News

Per capita nominal GDP in FY25 to grow by Rs 35,000 more than FY23: Economists

RBI purchased another 8 tonnes of gold in Nov as safe-haven asset

Centre to launch PLI scheme 1.1 for boosting steel manufacturing tomorrow

Women-led startup funding in India increases to $930 million in 2024

Dramatic decline in India's rural poverty from 25.7 pc to 4.86 pc in last 12 years: SBI report

Northern Railway announces train timings for Katra-Srinagar route

India well-positioned to see significant growth in agricultural export in 2025: Report

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

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