Economy News

UPI services suffer nationwide outage due to 'technical issues'; millions of users affected

Digital payments via Unified Payments Interface (UPI) service suffered a nationwide outage on Saturday which affected millions of users.

Apr 12, 2025

Payments via mobile phones clocked 41 pc jump in July-Dec 2024

Payments through mobile phones in India recorded a 41 per cent jump in transaction volume to 88.54 billion and a 30 per cent rise in value to Rs 197.69 lakh crore in the second half of 2024.

Apr 11, 2025

E-mobility, chips and fintech key investment opportunities for Austria: FM Sitharaman

There are several opportunities for investment and business collaboration between Austria and India, especially in sectors such as e-mobility, semiconductors and fintech, Union Finance Minister Nirmala Sitharaman has stressed.

Apr 11, 2025

India defies global office rental slump, clocks double-digit growth: Report

While global office rental markets continue to face headwinds, India's office sector is bucking the trend with sustained growth in office leasing and rentals, according to a report by real estate firm Vestian released on Thursday.

Apr 11, 2025

FIIs and DIIs turn net buyers in March, pump over $5 billion into Indian equity market

Foreign and domestic investors showed strong confidence in the Indian equity market in March 2025, with both foreign institutional investors (FIIs) and domestic institutional investors (DIIs) emerging as net buyers, a new report said on Thursday.

Apr 11, 2025

Cargo containers are seen stacked outside the container terminal of Jawaharlal Nehru Port Trust

India's exports surge to record $820 billion in 2024-25 despite global challenges

India's goods and services exports have crossed a record $820 billion in financial year 2024-25, which represents a close to 6 per cent increase over the corresponding figure of $778 billion for the previous financial year, despite the economic uncertainties in global markets, according to data compiled by the Commerce Ministry.

Apr 10, 2025

Macquarie says Adani Ports poised to capitalise on India's long-term growth, gives 'outperform' rating

Adani's Vizhinjam Port welcomes arrival of largest-ever container ship in Indian waters

In a landmark event for India's maritime industry, Vizhinjam International Seaport, developed and operated by Adani Ports and SEZ Ltd, on Wednesday received MSC Turkiye, one of the world's largest and most sustainable container vessels.

Apr 9, 2025

RBI lowers GDP growth forecast to 6.5 pc for 2025-26 as global uncertainties spike

The RBI's monetary policy committee has reduced its projection for India's GDP growth in 2025-26 by 20 basis points to 6.5 per cent from 6.7 per cent due to global trade and policy uncertainties in the wake of the US tariff hikes, Reserve Bank of India Governor Sanjay Malhotra said on Wednesday.

Apr 9, 2025

RBI's MPC meeting begins; SBI report says 25 bps rate cut likely

As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7-April 9) here, SBI Research on Monday said it expects a 25-basis point rate cut in the policy and cumulative rate cut over the cycle could be at least 100 basis points, with two successive rate cuts over February and April.

Apr 7, 2025

Direct impact of US tariffs on Indian sectors will largely be neutral: Report

The expected direct impact of US reciprocal tariffs would vary in nature for the sectors in India, with no impact on pharmaceuticals since they are exempt from reciprocal tariffs for now, a report said on Friday.

Apr 4, 2025

India's services sector activity remains buoyant in March

The HSBC PMI Index for India's services activity remained buoyant at 58.5 in March, which is well above its long-run average of 54.2 but a tad lower than February's reading of 59, according to data released on Friday.

Apr 4, 2025

Rupee strengthens against dollar amid Trump's reciprocal tariffs

The Indian rupee witnessed sharp gains on Friday at below 85 against dollar, as the dollar index and oil prices dropped sharply amid concerns over recession in the US economy after the reciprocal tariffs were announced.

Apr 4, 2025

India poised to lead South Asia in AI adoption with 1.25 mn professionals: Report

India is emerging as a leader in artificial intelligence (AI) adoption in South Asia, with a talent pool of 1.25 million professionals in the emerging technology, a report said on Thursday.

Apr 3, 2025

US tariffs give India a definitive edge over China in key sectors

PM Modi meets Thai counterpart as India and Thailand set to elevate ties to Strategic Partnership

The reciprocal tariffs imposed by the US will undoubtedly hit all countries but Indian exporters may emerge stronger as rivals, mainly, China faces steeper duties as high as 65 per cent and even beyond.

Apr 3, 2025

NE tea planters' body urge Centre, Assam govt to allow oil palm trees planting in tea gardens

Leading tea planters' body, the North Eastern Tea Association (NETA) on Thursday urged both Central and state governments to extend the National Mission on Edible Oils – Oil Palm (NMEO-OP) scheme in the tea estates of Assam for the cultivation of oil palm trees.

Apr 3, 2025

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Economy News

UPI services suffer nationwide outage due to 'technical issues'; millions of users affected

Payments via mobile phones clocked 41 pc jump in July-Dec 2024

E-mobility, chips and fintech key investment opportunities for Austria: FM Sitharaman

India defies global office rental slump, clocks double-digit growth: Report

FIIs and DIIs turn net buyers in March, pump over $5 billion into Indian equity market

India's exports surge to record $820 billion in 2024-25 despite global challenges

Adani's Vizhinjam Port welcomes arrival of largest-ever container ship in Indian waters

RBI lowers GDP growth forecast to 6.5 pc for 2025-26 as global uncertainties spike

RBI's MPC meeting begins; SBI report says 25 bps rate cut likely

Direct impact of US tariffs on Indian sectors will largely be neutral: Report

India's services sector activity remains buoyant in March

Rupee strengthens against dollar amid Trump's reciprocal tariffs

India poised to lead South Asia in AI adoption with 1.25 mn professionals: Report

PM Modi meets Thai counterpart as India and Thailand set to elevate ties to Strategic Partnership

NE tea planters' body urge Centre, Assam govt to allow oil palm trees planting in tea gardens

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