Economy News

IMF Upgrades India's GDP Growth Forecast to 7% for 2024-25

India and China are expected to account for almost half of global growth in 2024

Jul 17, 2024

Union Budget To Focus On Agriculture, Welfare, And, Of Course, Jobs

The Union Budget 2024 is expected to focus on agriculture, welfare schemes, and job creation, with increased funding for programs like PMAY and MNREGA.

Jul 16, 2024

Automobile sales soar in Apr-June quarter, clock 9 pc growth

The retail sales of automobiles in the country registered a 9 per cent growth in the April-June quarter of the financial year 2024-25, compared to the same period last year, according to figures compiled by the Federation of Automobile Dealers Associations (FADA).

Jul 16, 2024

SBI hikes lending rates, loans to carry higher rate of interest

The country's largest lender State Bank of India (SBI) has raised its benchmark marginal cost of lending rate (MCLR) by 5-10 basis points with effect from Monday (July 15).

Jul 15, 2024

Social media companies Google, Facebook, Twitter and others

Gig Economy is here to stay, thrives big as Indian employers remain optimistic

A report by TeamLease EdTech reveals 78.57% of Indian employers are optimistic about gig workers' performance

Jul 15, 2024

India has potential to become even as world's 2nd largest economy by 2031, says RBI Dy Governor

Given the country's innate strengths, it is possible to imagine India striking out into the next decade to become the second largest economy in the world not by 2048, but by 2031, and the largest economy of the world by 2060

Jul 13, 2024

FPIs to play key role in pushing India emerge as 3rd largest economy

The net foreign portfolio investor (FPI) inflows turned green this month, both in the equity and debt segment, and as India enters 'Amritkaal', the FPI community will play a major role in positioning it as the third largest economy in the world, market experts said on Saturday.

Jul 13, 2024

India has potential to become world's 2nd largest economy by 2031: RBI Dy Governor

Jul 13, 2024

India's Industrial Sector Shows Promising Growth

India's industrial sector has shown a promising growth trajectory, with the Index of Industrial Production (IIP) rising by 5.9% in May 2024, compared to the same month in the previous year.

Jul 13, 2024

Vizhinjam Port to help put India on top of global maritime map: Sarbananda Sonowal

The development of Vizhinjam Port in Kerala marks a significant transformation in India's maritime sector. The port's strategic location and deep draught facility position it as a preferred destination for shipping lines and EXIM traders.

Jul 13, 2024

India's inflation rate 5.6% higher than most other nations: Bank of Baroda

India's CPI inflation edges up to 5.08 pc in June

India's consumer price inflation edged up to 5.08 per cent in June this year compared to the same month of the previous year as high prices of vegetables and pulses pushed up food inflation during the month, figures released by the Ministry of Statistics on Friday showed.

Jul 12, 2024

Centre picks 7 homegrown startups to build next-gen tech for aerospace, defence sectors

The government on Thursday awarded seven new projects to startups under the Technology Development Fund scheme for various requirements of the Armed Forces and aerospace and defence sectors.

Jul 12, 2024

Vehicle owners mob petrol stations in J&K resulting in chaos & dry filling stations

India's oil & gas exploration sector offers $100 billion investment opportunity: Union Minister Puri

The exploration and production (E&P) segment of India's oil and gas sector will throw up an investment opportunity of at least $100 billion by 2030

Jul 12, 2024

India's Union Budget 2024-25: Expectations Run High as Modi Government Prepares to Present its Vision

The Union Budget 2024-25, set to be presented on July 23, aims to outline India's economic roadmap towards becoming a developed nation by 2047. The budget is expected to ensure high economic growth, job creation, and measures to manage inflation.

Jul 12, 2024

Urad prices fall as Govt increases procurement; Sown area expands as well

The prices of Urad have started declining in the domestic market on the back of a higher procurement of the summer crop by government agencies and the outlook for the kharif crop has improved with the increase in sown area this year due to a better monsoon

Jul 10, 2024

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Economy News

IMF Upgrades India's GDP Growth Forecast to 7% for 2024-25

Union Budget To Focus On Agriculture, Welfare, And, Of Course, Jobs

Automobile sales soar in Apr-June quarter, clock 9 pc growth

SBI hikes lending rates, loans to carry higher rate of interest

Gig Economy is here to stay, thrives big as Indian employers remain optimistic

India has potential to become even as world's 2nd largest economy by 2031, says RBI Dy Governor

FPIs to play key role in pushing India emerge as 3rd largest economy

India has potential to become world's 2nd largest economy by 2031: RBI Dy Governor

India's Industrial Sector Shows Promising Growth

Vizhinjam Port to help put India on top of global maritime map: Sarbananda Sonowal

India's CPI inflation edges up to 5.08 pc in June

Centre picks 7 homegrown startups to build next-gen tech for aerospace, defence sectors

India's oil & gas exploration sector offers $100 billion investment opportunity: Union Minister Puri

India's Union Budget 2024-25: Expectations Run High as Modi Government Prepares to Present its Vision

Urad prices fall as Govt increases procurement; Sown area expands as well

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