gdp

Dhaka, March 29 Bangladesh is set to introduce the Global Positioning System (GPS) to regulate bus movement in the capital, which is said to be a major cause of traffic congestion, the Minister of Road Transport and Bridges said on Sunday."Authorities will monitor vehicles centrally...

Thiruvananthapuram, March 28 Maldivian, the national carrier of the Maldives, is planning to expand its operations in India as part of its aim to attract around 2 lakh Indian tourists, the airline said on Saturday.Following a brief strain in diplomatic ties with India after Prime Minister...

New Delhi, March 26 A surge in global crude oil and natural gas prices amid the West Asia conflict is likely to complicate India's fiscal position in FY2027, potentially increasing subsidy burdens and putting pressure on revenues, ratings agency ICRA said.Crude prices have more than doubled...

Mumbai, March 24 India's media and entertainment sector is estimated to grow at a compounded annual rate of 7 per cent, reaching a market size of Rs 3.3 lakh crore by 2028, according to a report released on Tuesday.The industry grew by 9 per cent year-on-year, reaching a size of Rs 2.78 lakh...

Hainan, March 24. Digital transformation has emerged as a new engine for sustainable development in Asia, according to a report by the Boao Forum for Asia (BFA) released on Tuesday.Asia has taken the initiative to explore future-oriented development models through digital technologies...

Delhi Chief Minister Rekha Gupta presented the city government's annual budget of ₹1,03,700 crore for the 2026-27 financial year at the Delhi Assembly's budget session today.Addressing the session, the Chief Minister stated that Delhi has the third highest per capita income in the country. She...

Mumbai, March 23 India needs to closely monitor the evolving situation in West Asia and take proactive measures to limit the impact of spillover effects, as the country is dependent on crude oil imports, the Reserve Bank's bulletin said on Monday.However, the March bulletin noted that India's...

Mumbai, March 23 The conflict in West Asia and fresh trade investigations by the US have resulted in increased volatility in global markets, the RBI bulletin said on Monday.India's foreign exchange reserves remain adequate to provide a cushion against external shocks, according to an article...

New Delhi, March 21 The Ministry of Finance said on Saturday that the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) has been modified to support manufacturers and exporters, allowing a 5 per cent upfront contribution in installments after the fourth year.According to the revised scheme...

Ahmedabad, March 20 Gujarat is aiming to become a $1 trillion economy by 2030, following the development path envisioned by Prime Minister Narendra Modi, Chief Minister Bhupendra Patel said on Friday.Speaking at the Confederation of Indian Industry (CII) Gujarat Annual Convention and...

Ahmedabad, March 20 Gujarat is on track to become a $1 trillion economy by 2030, Chief Minister Bhupendra Patel said on Friday, asserting that the state government would provide full support to the industry in achieving this target.Speaking at the state Annual Session of the Confederation of...

New Delhi, March 20 With the conflict in West Asia disrupting the global supply chain, the government has placed maximum emphasis on improving the logistics ecosystem of the country and its cost, which is estimated to be 7.97 per cent of GDP or approximately Rs 24.01 lakh crore.Officials said...

The government stated today that the country's services exports continue to show strong growth, with exports reaching over $348 billion during the current financial year (FY), from April to January. Services exports accounted for 10% of the country's GDP in the first half of FY26, highlighting...

New Delhi, March 13 – The Lok Sabha on Friday approved the second batch of Supplementary Demands for Grants, which will enable the government to spend an additional ₹2.01 lakh crore in the current financial year.The government had sought approval to spend a gross additional amount of ₹2.81...

New Delhi, March 13 Finance Minister Nirmala Sitharaman on Friday said the Rs 1 lakh crore Economic Stabilization Fund will provide fiscal space for India to respond to global challenges.Responding to the debate on the second batch of supplementary demands for grants in the Lok Sabha, she said...

Mumbai, March 12 Maharashtra is set to play a major role in India's vision of achieving a USD 5 trillion economy by FY27, and expects to contribute USD 1.5 trillion to the country's GDP, Deputy Chief Minister Eknath Shinde said on Thursday.Maharashtra continues to be the country's leading...

New Delhi, March 10 The fiscal deficit as a percentage of GDP for the three financial years up to 2024-25 has been revised upwards following the revision in the base year for calculating GDP, the government informed Parliament on Tuesday.According to the new GDP series published on February...

Mumbai, March 10 – During the Legislative Assembly's budget discussion, senior NCP (SP) legislator and former Finance Minister Jayant Patil on Tuesday criticized the state government's fiscal roadmap, labeling the 2026-27 budget as a "document of deception."Patil argued that the government's...

Mysuru (Karnataka), March 7 Karnataka Chief Minister Siddaramaiah said on Saturday that the allegation that the state government has excessively increased borrowing is far from the truth and maintained that the objective of this year’s Budget is to provide equal opportunities to people from all...

Mumbai, March 5 Increased participation of women in long-term financial investments could generate a cumulative GDP-equivalent impact of approximately ₹40 lakh crore (USD 430 billion) over a 10-year period, according to a joint report by LIME and EY.The report stated that this impact would...