Economy News

Curtain raiser for 'Invest Karnataka 2025' held in Bengaluru

K'taka Targets $1 Trillion Economy: Curtains raise for 'Invest Karnataka 2025' in Bengaluru

Karnataka Chief Minister Siddaramaiah announced on Wednesday that the state government aims to achieve an annual industrial growth rate of 15-16 per cent to reach a $1 trillion economy by 2032.

Jun 20, 2024

Fitch Ratings upgrades India's FY25 GDP growth forecast from 7% to 7.2%

Fitch Ratings has revised India's FY25 GDP growth forecast to 7.2%, up from 7%. The upward revision is attributed to recovery in consumer spending and increasing investment trends.

Jun 19, 2024

Adani Ports says ESG climate-friendly practices strengthened across its supply chain

Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday said it has been recognised by CDP (formerly the Carbon Disclosure Project) for its efforts in tackling climate change and implementing best Environmental, Social and Governance (ESG) practices across its supply chain.

Jun 15, 2024

Modi 3.0: Top industry chambers gear up for next phase of developmental journey

The entire ecosystem of industry, trade and financial markets is re-energised with the beginning of the new government amid policy continuity, top trade and industry chambers have said.

Jun 12, 2024

India to log 6.7% GDP growth in next 3 years, remain fastest-growing economy: World Bank

Driven by strong domestic demand, surge in investment and robust services activity, India will remain the fastest growing economy in the world, clocking a steady growth of 6.7 per cent for the next three fiscal years, the World Bank has said.

Jun 12, 2024

Modi 3.0 to focus on ease of living for all citizens, promises Nirmala Sitharaman

Finance Minister Nirmala Sitharaman stated that the reforms undertaken since 2014 will continue, which will further provide macroeconomic stability and growth for India

Jun 12, 2024

FM Sitharaman on strong wicket as Modi 3.0 gears up to present full budget

Prime Minister Narendra Modi has sent a clear message of continuity in the government's economic policy with the re-appointment of Nirmala Sitharaman as Finance Minister.

Jun 11, 2024

Sensex ends flat amid volatility in markets

Indian equity markets closed flat on Tuesday amid volatility in the markets. At closing, Sensex was at 76,456 down 33 points and Nifty was up 5 points at 23,264.

Jun 11, 2024

India has potential to create over 10 crore new jobs by 2030: PHDCCI

India holds the potential to create more than 10 crore new jobs by 2030, as the economy is likely to add $3.3 trillion to the GDP by the same time frame, industry body PHD Chamber of Commerce and Industry (PHDCCI) said on Tuesday.

Jun 11, 2024

Centre releases Rs 1.39 lakh crore for states under tax devolution

The Indian government has released Rs 1,39,750 crore for states

Jun 11, 2024

RBI Revamps Forex Act 'FEMA' Guidelines to Boost Overseas Trade

The Reserve Bank of India (RBI) has decided to rationalize export and import guidelines to facilitate overseas trade.

Jun 7, 2024

Stock markets zoom over RBI's GDP forecast, Sensex up over 1 pc

The India stock market extended morning gains after the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) raised India's real GDP forecast to 7.2 per cent for FY25 from earlier 7 per cent.

Jun 7, 2024

India's forex reserves at historic high of $651.5 bn, CAD to dip: RBI

With a lower trade deficit, robust services export growth and strong remittances, the current account deficit (CAD) is expected to have moderated in the January - March quarter of 2023-24, RBI Governor Shaktikanta Das said on Friday.

Jun 7, 2024

India's Coal Production Soars by 10.15% in MayCoal production up over 10 per cent in May: Ministry

India's coal production increased by 10.15% in May, reaching 83.91 million tonnes. Coal India Limited (CIL) contributed significantly to this growth, producing 64.40 MT of coal.

Jun 4, 2024

Boosting Innovation: 100X.VC Fund invests $2.7 million in 17 Startups

Investment firm 100X.VC has invested $2.7 million into 17 Indian startups. The startups span diverse sectors and are located in various Indian cities.

Jun 1, 2024

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Economy News

K'taka Targets $1 Trillion Economy: Curtains raise for 'Invest Karnataka 2025' in Bengaluru

Fitch Ratings upgrades India's FY25 GDP growth forecast from 7% to 7.2%

Adani Ports says ESG climate-friendly practices strengthened across its supply chain

Modi 3.0: Top industry chambers gear up for next phase of developmental journey

India to log 6.7% GDP growth in next 3 years, remain fastest-growing economy: World Bank

Modi 3.0 to focus on ease of living for all citizens, promises Nirmala Sitharaman

FM Sitharaman on strong wicket as Modi 3.0 gears up to present full budget

Sensex ends flat amid volatility in markets

India has potential to create over 10 crore new jobs by 2030: PHDCCI

Centre releases Rs 1.39 lakh crore for states under tax devolution

RBI Revamps Forex Act 'FEMA' Guidelines to Boost Overseas Trade

Stock markets zoom over RBI's GDP forecast, Sensex up over 1 pc

India's forex reserves at historic high of $651.5 bn, CAD to dip: RBI

India's Coal Production Soars by 10.15% in MayCoal production up over 10 per cent in May: Ministry

Boosting Innovation: 100X.VC Fund invests $2.7 million in 17 Startups

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