Economy News

India poised to surpass Japan in GDP ranking by 2025

India's gross domestic product could soon become larger than Japan's, making it the world's fourth-largest economy, according to a Japanese media report on Thursday.

Nov 14, 2024

IPO market buzz continues next week with 3 new public issues

India's infrastructure push to be among largest in 21st century: KPMG

India is likely to see implementation of one of the biggest infrastructure programmes in 21st century, amongst the largest economies and creating fiscal sources of capital would be key to this initiative, according to a KPMG report.

Nov 13, 2024

India's public sector banks clocks 11 pc growth at Rs 236 lakh crore in April-Sep FY25

Public sector banks (PSBs) showed strong performance in the first half of current fiscal (FY25) with 11 per cent annual growth.

Nov 12, 2024

US oil drilling costs may reach $67-$70 per barrel by 2026 under Trump

The Donald Trump presidency in the US could have a significant impact on the oil market, with potential growth largely dictated by price.

Nov 11, 2024

Demat accounts rise to 171 million in August, up 4 million

Demat accounts in India reach 179 million in October: Report

As Indian stock markets continue to outperform compared to a global market, the number of total demat accounts increased to 179 million in October, from 175 million in September.

Nov 11, 2024

Trump's return likely to bolster India's textile trade with US: Industry

The Confederation of Indian Textile Industry (CITI) on Monday said the return of Donald Trump as the next US President will bolster India's textile and apparel trade with its largest international market.

Nov 11, 2024

Centre completes auction of 8 critical mineral blocks in big step to bolster self-reliance

India's Ministry of Mines successfully auctions 8 critical mineral blocks, securing vital resources for electronics, EVs, defense, and renewable energy.

Nov 7, 2024

RBI Governor rules out immediate rate cut as inflation still a concern

Reserve Bank of India Governor Shaktikanta Das on Wednesday said that although the central bank had shifted towards a softer neutral monetary policy stance to spur growth, this did not mean that an interest rate cut would happen immediately

Nov 6, 2024

Cost of home-cooked veg thali spiked 20 pc in October

Cost of home-cooked veg thali increases 20 pc in October

Vegetable prices shore up costs of veg and non-veg thalis in the month of October, as the cost of a home-cooked veg thali surged 20 per cent (year-on-year) while the cost of a non-veg thali increased 5 per cent

Nov 6, 2024

India's smaller cities drive online sales during festive season: Report

India's festive season online sales surge 49% driven by Tier-II, Tier-III cities, accounting for over 60% sales

Nov 6, 2024

Centre rolls out 7,663 extra trains to clear festive season rush

The Railway Board has introduced another 7,663 special train services to cater to the festival season rush, from October 1 to November 30, which is a 73 per cent increase compared to the same period last year.

Nov 6, 2024

India's kharif foodgrain output projected at record 1,647 lakh tonnes for 2024-25

India's total kharif foodgrain production for 2024-25, as per the first advance estimates, is projected at a record 1,647.05 lakh metric tonnes .

Nov 5, 2024

Power demand in India declines for 1st time in 15 months, hydro gains steam

Power demand grows marginally in India as generation reaches 152 billion units in Oct

Power demand is estimated to have marginally risen to 0.4 per cent (year-on-year) to 140 billion units (BUs) in October after two consecutive months of decline.

Nov 4, 2024

India hiring sees 11 pc surge in July, retail & telecom jobs lead

White-collar hiring in India up 10 pc in October, freshers' jobs up 6 pc

The white-collar hiring activity in India saw robust growth in October with a significant 10 per cent increase (year-on-year), with sectors like oil and gas, pharma/biotech, FMCG and IT emerging as primary drivers of this positive trend, according to a report on Monday.

Nov 4, 2024

Strong investment, private consumption driving India's growth: UNCTAD

Indian economy is expected to record a growth of 6.8 per cent in 2024 and will clock an expansion of 6.3 per cent next year.

Nov 3, 2024

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Economy News

India poised to surpass Japan in GDP ranking by 2025

India's infrastructure push to be among largest in 21st century: KPMG

India's public sector banks clocks 11 pc growth at Rs 236 lakh crore in April-Sep FY25

US oil drilling costs may reach $67-$70 per barrel by 2026 under Trump

Demat accounts in India reach 179 million in October: Report

Trump's return likely to bolster India's textile trade with US: Industry

Centre completes auction of 8 critical mineral blocks in big step to bolster self-reliance

RBI Governor rules out immediate rate cut as inflation still a concern

Cost of home-cooked veg thali increases 20 pc in October

India's smaller cities drive online sales during festive season: Report

Centre rolls out 7,663 extra trains to clear festive season rush

India's kharif foodgrain output projected at record 1,647 lakh tonnes for 2024-25

Power demand grows marginally in India as generation reaches 152 billion units in Oct

White-collar hiring in India up 10 pc in October, freshers' jobs up 6 pc

Strong investment, private consumption driving India's growth: UNCTAD

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