gdp

Mumbai, March 2 India's current account deficit (CAD) increased to USD 13.2 billion, or 1.3 per cent of GDP, in the December quarter, compared to USD 11.3 billion (1.1 per cent of GDP) in the previous year, mainly due to a larger trade deficit, according to data released by the Reserve Bank of...

Gandhinagar, March 2 Deputy Chief Minister Harsh Sanghavi has presented Gujarat as India's emerging semiconductor hub and assured global investors that investments made in the state are protected not only for the present generation but for decades to come.Sanghavi was speaking on Sunday at the...

Gandhinagar, March 1 Deputy Chief Minister Harsh Sanghavi on Sunday presented Gujarat as India's emerging semiconductor hub and assured global investors that investments made in the state are protected not only for the present generation but for decades to come.Sanghavi was speaking at the...

New Delhi, February 27 The free trade agreement (FTA) between India and the EU includes an annexure for mediation to reach a mutually-agreed solution to a dispute through a quick procedure with the assistance of a mediator.According to the text of the FTA, an annexure on 'model mediation...

New Delhi, Feb 27 – The projected economic growth for the next fiscal year has been revised upwards to 7-7.4 percent, and the GDP size will comfortably exceed the USD 4 trillion mark, Chief Economic Advisor V Anantha Nageswaran said on Friday.The Economic Survey presented in Parliament in...

New Delhi, February 27 The economic growth projection for the next fiscal year has been revised upwards by 20 basis points to 7-7.4 per cent following the release of a new GDP series, Chief Economic Advisor V Anantha Nageswaran said on Friday.The Economic Survey presented in Parliament in...

New Delhi, February 26 Former German Chancellor Angela Merkel praised the economic reforms initiated by former Prime Minister late Manmohan Singh, stating that they helped India achieve a 30-year period of economic growth.She also emphasized that India has tremendous potential for economic...

New Delhi, February 26 The new series of Gross Domestic Product (GDP) with the 2022-23 base year will include data on goods and services tax, e-Vahan, and household services provided by cooks, drivers, and domestic help, to make economic data more accurate.The GDP data for the third quarter...

Mumbai, February 25 The chances of the benchmark interest rate going up are "negligible," despite the build-up of inflationary pressure due to geopolitical tensions, said Saugata Bhattacharya, an external member of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), on Wednesday...

Mumbai, February 23 India's managed funds industry's assets under management (AUM) is projected to reach Rs 455 lakh crore by March 2030, more than doubling from current levels, according to a report released on Monday.The report by Crisil Intelligence, a division of the rating agency, stated...

Bengaluru, February 23 Karnataka Minister for Large and Medium Industries M B Patil inaugurated Amazon's newly constructed, fully equipped 11 lakh sq ft corporate office near Yelahanka here on Monday.He said this is Amazon's 10th corporate office in the state. The company, which has a...

New Delhi, February 22 – While the IMF loan has temporarily rescued Pakistan from the brink of economic collapse, weak growth and fractious domestic politics suggest that the current period of stability may be difficult to sustain in the medium term, according to an article.In September 2024...

Guwahati, February 19 Assam Chief Minister Himanta Biswa Sarma stated on Thursday that the state will, for the first time in its history, be able to pay salaries and pension bills entirely from its own tax devolution in the 2026-27 fiscal year.During the Motion of Thanks on the Governor's...

Chandigarh, February 19 The budget session of the Haryana Assembly is likely to begin on a contentious note on Friday, with the opposition set to challenge the BJP government on a range of issues, including law and order.The session will begin with the governor's address.Ahead of the...

Gandhinagar, February 19 – Gujarat contributes 8.2 per cent to India's gross domestic product (GDP), with a per capita income of Rs 3,01,000, around 60 per cent higher than the national average, demonstrating the state's economic strength, said state BJP President Jagdish Vishwakarma on...

Mumbai, February 17 – Chief Minister Devendra Fadnavis stated on Tuesday that Mumbai will become the gateway to global capital in the coming years, adding that Mumbai and Maharashtra will play an important role in creating global economic stability.He expressed his belief that only a...

Washington, February 17 – India is turning to artificial intelligence, expanded labor surveys, and tax data integration to modernize one of the world's largest statistical systems, its chief statistician said, as demand grows for faster, more granular economic data.Saurabh Garg, Secretary of...

According to the 2025-26 Tamil Nadu Economic Survey, Tamil Nadu can achieve its ambitious $1 trillion economy milestone by 2031 if it sustains its nominal growth rate of 16 per cent for 2024-25.This projection assumes a medium-term annual appreciation of 2 per cent in the value of the US...

Lucknow, February 16 – Uttar Pradesh Chief Minister Yogi Adityanath said on Monday that the state has undergone a fundamental transformation since 2017, shedding its image of crime and anarchy to emerge as a state defined by “technology, trust, and transformation”.Responding to the debate on...

New Delhi, February 15 Precious metal prices are expected to see further consolidation in the next week, with volatility likely to persist as investors track key US economic data, including inflation figures, GDP readings, and policy signals from the Federal Reserve, analysts said.Traders will...