india economy

Mumbai, March 18 Former Reserve Bank Deputy Governor M Rajeshwar Rao on Wednesday called for a "re-evaluation" of the criteria for investors.Rao, who retired in September last year, said that a growing economy aspiring to accelerate economic growth will need strong financial institutions to...

New Delhi, March 18 The government on Wednesday approved a Rs 33,660 crore Bharat Industrial Development Scheme (BHAVYA) to develop 100 plug-and-play industrial parks across the country.The scheme aims to develop world-class industrial infrastructure, unlock manufacturing potential, and drive...

New Delhi, March 18 The government has approved funding of ₹1,718.56 crore for the Cotton Corporation of India (CCI) for procurement operations.The decision was taken by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi."As a significant step towards...

New Delhi, March 17 Congress leader Rahul Gandhi on Wednesday claimed that the LPG crisis in the country is deepening, but the Modi government is busy spinning tales, taunting those who ask questions, and offering one excuse after another.In a Facebook post in Hindi along with a video montage...

New Delhi, March 17 Eleven million out of sixty-three million graduates between the ages of 20 and 29 in India are unemployed, with only a small proportion securing stable salaried jobs within a year of graduation, according to a report by Azim Premji University.The 'State of Working India'...

March 17, New Delhi: Commerce Minister Piyush Goyal stated that the Indian economy remains strong despite the ongoing crisis in the Middle East.Responding to a supplementary question in the Lok Sabha, the minister said there is growing enthusiasm worldwide to strengthen trade relations with...

New Delhi, March 17 With Malaysia reportedly declaring its trade agreement with the US null and void, the Congress on Tuesday asked why India is not as proactive as that country in deciding its own fate and alleged that Prime Minister Narendra Modi seems content with sitting back and sacrificing...

New Delhi, March 17 Maruti Suzuki India (MSI) said on Tuesday that it has received a draft assessment order worth Rs 5,786.4 crore from the income tax authority, and the company will challenge the order."The company has received a Draft Assessment Order for FY 2022-23, wherein certain...

New Delhi, March 17 Godrej Enterprises Group is aiming for up to 20 per cent growth for its energy solutions business, having built a project pipeline of Rs 2,600 crore at the close of FY26, a top company official said on Tuesday.The company is closely monitoring developments related to the...

Mumbai, March 17 The rupee lost 14 paise and traded at 92.42 against the US dollar in the early deals on Tuesday, as it failed to resist the pressure from rising crude oil prices and the continuous withdrawal of foreign funds amid the heightened West Asia crisis.Weak domestic equity markets...

New Delhi, March 16 The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified changes in the FDI policy to allow overseas companies with Chinese shareholding of up to 10 per cent to invest in India under the automatic route.These investments will be subject to...

New Delhi, March 16 The BJP on Monday accused the Congress and the Samajwadi Party (SP) of spreading "lies" about the availability of domestic LPG cylinders, alleging that the opposition is attempting to create panic for "political and commercial" gains.BJP spokesperson Shehzad Poonawalla said...

New Delhi, March 16 – India's urban unemployment rate improved to 6.6 per cent in February this year, down from 7 per cent in January, while the rural unemployment rate remained unchanged at 4.2 per cent, according to data released by the Ministry of Statistics on Monday.For female workers...

Hyderabad, March 16 – Telangana Governor Shiv Pratap Shukla stated on Monday that the state's economy remains strong and resilient, highlighting a projected Gross State Domestic Product (GSDP) of ₹17.82 lakh crore for 2025-26, reflecting impressive growth of 10.7 per cent.In his address to the...

March 16, New Delhi – Bookings for LPG refills have decreased to approximately 7.7 million from 8.8 million, indicating a reduction in panic buying after the government announced that there was no shortage of petrol, diesel, or cooking gas, and that supplies remained stable despite the conflict...

New Delhi, March 16 Samajwadi Party President Akhilesh Yadav criticised the government on Monday over the reported shortage of LPG in parts of the country, alleging that ordinary people are being forced to stand in long queues for gas cylinders.Speaking to reporters outside Parliament...

New Delhi, March 16 Congress President Mallikarjun Kharge expressed concern over the shortage of LPG in the country on Monday and accused the government of not taking preemptive measures to address the crisis and prevent the black marketing of cooking gas.Union Minister and Leader of the House...

New Delhi, March 13 – India and the US remain engaged in discussions for a mutually beneficial bilateral trade agreement, the commerce ministry said on Friday.The chief negotiators of the two countries were scheduled to meet last month in Washington to finalize the legal text for the first...

Mumbai, March 13 The rupee trimmed some losses and closed the session 5 paise lower at a fresh record low of 92.30 against the US dollar on Friday, with crude oil prices stabilizing around USD 100/barrel, even as global sentiment remained volatile due to the West Asia crisis.A strengthening US...

New Delhi, March 13 Fitch Ratings on Friday raised India's GDP growth forecast for the current fiscal and the next to 7.5 per cent and 6.7 per cent, and projected the average global crude oil price to be USD 70/barrel in 2026.Fitch had, in December, projected India's GDP growth for the current...