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Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi will lead a high-level investors' roadshow in Hyderabad on December 19 as part of the state government's push to attract fresh investments and position Odisha as a preferred industrial destination. The roadshow, to be held over two days, will focus on promoting investment opportunities in key sectors including automotive components, IT and electronics system design and manufacturing (ESDM), chemicals, green energy, pharmaceuticals and medica ...Read More >
New Delhi: The Indian economy is expected to record around 7 per cent growth in the current fiscal, slightly higher than 6.6 per cent projected by the International Monetary Fund (IMF) in October, said Gita Gopinath, former chief economist of the Washington-based International Monetary Fund. The IMF in October, however, revised upwards India's GDP growth forecast for the current fiscal to 6.6 per cent compared to its earlier estimate of 6.4 per cent on the back of strong growth, offsetting the ...Read More >
India is actively seeking a larger role in global supply chains as companies shift manufacturing. IMF Chief Economist Gita Gopinath highlights the need for reforms in land acquisition and labor. Skill development is also crucial for economic growth. India is working to capture a larger share of global supply chains as companies diversify away from traditional manufacturing hubs. Speaking to Times Network, IMF Chief Economist Gita Gopinath said, "India has made improvements in physical infrastru ...Read More >
Mumbai (Maharashtra) [India], December 17 (ANI): India has emerged from economic stress and global disruptions with renewed strength, setting the stage for sustained long-term growth, Chairman, Jio Financial Services, KV Kamath said, crediting the Indian industry for rapidly repairing balance sheets and rebuilding confidence after the COVID-19 pandemic shock. Speaking at a leadership forum, titled 'Holistic Leadership for an Inclusive World' organised by Confederation of Indian Industry (CII) o ...Read More >
Chief Economic Adviser (CEA) V Anantha Nageswaran on Thursday said India could emerge as a global destination for learning, research and ideas in an uncertain world if the momentum under the National Education Policy (NEP) 2020 is backed by a strong reform push from state governments. Why is global higher education at a turning point? His remarks come as the global higher education landscape is being reshaped, with traditional academic hubs facing demographic decline, fiscal pressures and tigh ...Read More >
New Delhi [India], December 17 (ANI): India's real estate market is entering a structurally stronger and more investment-driven phase, with equity capital inflows touching record levels and demand broadening across asset classes and geographies, according to a report by real estate services and investment firm CBRE. Equity capital inflows into India's real estate sector rose 14 per cent year-on-year to a record USD 10.2 billion during the first nine months of 2025. Investments are expected to r ...Read More >
MANDYA: President of India Droupadi Murmu said saints across the ages have enlightened humanity through their wisdom and compassion, reminding society that true greatness lies not in authority or wealth, but in sacrifice, service and spiritual strength. Addressing the 1,066th Jayanti celebrations of Adi Jagadguru Sri Shivarathreeshwara Shivayogi Mahaswamiji at Malavalli taluk in Mandya district on Tuesday, Murmu said as the nation moves towards the vision of a Developed India by 2047, both tech ...Read More >
India's real estate sector is poised for robust growth in 2026, driven by strong domestic consumption and sustained investor confidence. The market is expanding across commercial, residential, and industrial segments, with alternative asset classes like data centers and co-living attracting significant institutional interest. Evolving workplace strategies and infrastructure development are key growth drivers. India's real estate sector is set to enter 2026 with renewed momentum, supported by re ...Read More >
President Droupadi Murmu has emphasised the need for both power of technology as well as strength of values as the country moves towards the vision of a Developed India by 2047. Speaking after inaugurating the 1066th Jayanthi celebrations of Adi Jagadguru Sri Shivarathreeshwara Shivayogi Mahaswamiji at Malavalli in Mandya district on December 16, Ms. Murmu noted that spiritual guidance was essential for nurturing social harmony, ethical leadership, youth empowerment, and inner resilience in an ...Read More >
Mumbai: India's economy is expected to grow above 7.5 per cent in real terms in FY27, supported by easing fiscal and monetary conditions, low inflation, and ongoing regulatory reforms, according to Axis Bank's India Economic Outlook 2026 report. "With fiscal and monetary headwinds receding, GDP growth has picked up in FY26. In FY27, the pace of fiscal consolidation should slow further (20bps), and lagged effects of monetary easing should become visible, pushing growth to 7.5 per cent (above tre ...Read More >
Agartala/Guwahati, Dec 16 (SocialNews.XYZ) Tripura Chief Minister Manik Saha and Transport Minister Sushanta Chowdhury on Tuesday thanked Prime Minister Narendra Modi and Railways Minister Ashwini Vaishnaw for initiating the process of a new rail line between Tripura to boost trade and industries. The Railways Ministry has approved a final location survey for a proposed new railway line in Tripura to connect the Bodhjungnagar Industrial Complex in West Tripura, aimed at boosting trade and indus ...Read More >
COIMBATORE- Samsung, India's largest consumer electronics brand, today unveiled a renewed strategic vision -- #PoweringInnovationforIndia -- that places people-centric innovation, Indian talent, and India-led product development at the heart of its next phase of growth in the country. Marking 30 years of operations in India, Samsung's new vision reinforces its commitment as a long-standing partner in India's digital transformation, Make-in-India manufacturing ambitions, and innovation-driven ec ...Read More >
New Delhi: A bill seeking to raise Foreign Direct Investment (FDI) in India's insurance sector to 100 percent was introduced in the Lok Sabha on Tuesday, sparking protests from opposition parties. The bill, titled Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, aims to amend the Insurance Act, 1938, LIC Act, 1956, and IRDAI Act, 1999. Union Finance Minister Nirmala Sitharaman said the government has always focused on providing insurance for common people, including marginal sec ...Read More >
New Delhi, Dec 16 (PTI) A bill seeking to raise FDI in the insurance sector to 100 per cent was on Tuesday introduced in the Lok Sabha amid strong protest from the Opposition. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, seeks to amend Insurance Act, 1938, Life Insurance Corporation Act, 1956, and Insurance Regulatory and Development Authority Act, 1999, as per the bill circulated to members of Parliament. Introducing the bill, Union Finance Minister Nirmala Sitharaman ...Read More >
MUMBAI - The Indian rupee weakened to a record low for the fourth straight session on Tuesday, weighed down by dollar demand linked to likely maturity of positions in the non-deliverable forwards (NDF) market and continued foreign portfolio outflows. The currency fell to 90.8275, eclipsing its previous record low of 90.7875 hit a day earlier. The rupee has fallen 6 percent against the US dollar so far in 2025, making it one of the worst-performing emerging market currencies, as steep US tariff ...Read More >
New Delhi: India's inflation is likely to stay low in FY27, supported by well-stocked granaries, low oil prices, and other long-term factors that keep core inflation under control. According to a new report by HSBC Global Investment Research, these factors will help maintain price stability in the coming months. HSBC noted that while it does not expect the Reserve Bank of India (RBI) to cut the repo rate further, there is a possibility of easing if economic growth slows down. November inflatio ...Read More >
Assam CM Himanta Biswa Sarma met Vice President CP Radhakrishnan in Delhi, congratulating him and inviting him to Assam. The VP also released a postage stamp for Emperor Perumbidugu Mutharaiyar II, praising PM Modi's support for Tamil culture.Assam CM calls on Vice President, invites him to state Assam Chief Minister Himanta Biswa Sarma paid a courtesy call on the Vice President CP Radhakrishnan in the national capital on Sunday. Add Asianet Newsable as a Preferred Source During the meeting a ...Read More >
The government has sought Parliament's approval for Rs 18,525 crore towards fertiliser and related subsidies in the first batch of Supplementary Demands for Grants for FY26 The Union government on December 15 assured that there would be no fertiliser shortage during the ongoing rabi season, with Union Finance Minister Nirmala Sitharaman saying urea stocks were sharply increased within a month through calibrated imports and close monitoring of supplies across states. Replying in the Lok Sabha d ...Read More >
New Delhi: India has seen broad-based economic growth and the asset ownership gap between the rich and the others has been narrowing over the past decade despite the pandemic blues, finance minister Nirmala Sitharaman said on Monday. Replying to a discussion on the first batch of supplementary demands for grants for 2025-26 in the Lok Sabha, the minister also countered the "dead economy" jibe, highlighting sovereign rating upgrades for India by three global agencies, including S&P, this year. ...Read More >
New Delhi: Rejecting US President Donald Trump's "dead economy" remark on India, Union Finance Minister Nirmala Sitharaman on Monday said that global economic growth is currently around 3.2 per cent, while India recorded an 8.2 per cent growth in the last quarter. However, India continues to be one of the fastest-growing major economies globally," she said while replying on the debate on the supplementary demands for grants - first batch for 2025-26 which was taken up in Lok Sabha. Later, the Ho ...Read More >
New Delhi: India's economy has moved from a state of fragility in 2013 to become the fastest growing major economy for multiple years now, showing its transition from external vulnerability to external resilience, finance minister Nirmala Sitharaman told the Parliament on Monday. Replying to the debate on the first supplementary demands for grants in the Lok Sabha, the minister also said that collective work was needed to reduce debt at central and state levels. Sitharaman told the House that ...Read More >
Maligaon, December 15 (MExN): Northeast Frontier Railway (NFR) has achieved a significant milestone by handling the first-ever direct inward automobile rake at Sairang Railway Station in Mizoram. A total of 119 Maruti cars, transported from Changsari near Guwahati, were delivered by rail, marking a historic step in strengthening logistics connectivity to the state, a press release said. This landmark operation by NFR will enhance goods and vehicle transportation availability in Mizoram, reduce ...Read More >
New Delhi [India], December 15 (ANI): The retail credit demand in India strengthened during the July-September 2025 quarter, supported by Goods and Services Tax (GST) rationalisation and improved consumer sentiment ahead of the festive season, according to TransUnion CIBIL's latest Credit Market Report. The Credit Market Indicator (CMI), a composite measure of credit market health, rose to 99 in the September 2025 quarter from 98 in the preceding quarter, reflecting improved demand, supply cond ...Read More >
New Delhi [India], December 15 (ANI): Assam Chief Minister Himanta Biswa Sarma called on Union Finance Minister Nirmala Sitharaman here on Monday to discuss key issues related to the state's development and the welfare of its people. According to a release, during the meeting, a wide range of matters concerning Assam's economic growth, infrastructure development, and public welfare initiatives were deliberated upon. The discussion focused on strengthening cooperation between the Centre and the ...Read More >
Mumbai (Maharashtra) [India], December 15 (ANI): The services exports, which have been the strongest part of the country's growth story for more than two decades, have seen a sharp slowdown in recent years, even though long-term growth remains among the best globally, highlighted a report by DSP Asset Managers. According to the data in the report, services exports have been the brightest spot in India's economic growth over the last two and a half decades. Also Read | Sajid Akram and Naveed Ak ...Read More >
New Delhi [India], December 15 (ANI): The Indian economy is poised to grow at 7.0 per cent in the current fiscal 2025-26, Crisil said as it raised projections by 50 basis points soon after the country registered robust growth in the first half. Crisil has revised its GDP forecast for this fiscal with the first-half growth printing at a street-beating 8 per cent. "We expect GDP to grow at 7 per cent in fiscal 2026, compared with 6.5 per cent in fiscal 2025," Crisil, a global, insights-driven an ...Read More >
Mumbai (Maharashtra) [India], December 15 (ANI): The services exports, which have been the strongest part of the country's growth story for more than two decades, have seen a sharp slowdown in recent years, even though long-term growth remains among the best globally, highlighted a report by DSP Asset Managers. According to the data in the report, services exports have been the brightest spot in India's economic growth over the last two and a half decades. Over the full period from FY01 to FY2 ...Read More >
New Delhi, Dec 15 (PTI) Consumer sentiment in India has shown steady momentum over the year aided by robust GDP growth and the country continues to be one of the most optimistic markets with 61 per cent of consumers expecting continuous good times, according to global consulting firm BCG. Indian consumers are also unfazed by ongoing geopolitical conflicts as only 17 per cent net consumers believe that recent global conflicts or political events will slow down the country's growth, 2nd lowest af ...Read More >
India's economic future depends on strong investment. The Confederation of Indian Industry (CII) proposes the Union Budget 2026-27 boost public spending and private sector investment. CII suggests tax credits and easier compliance for businesses. They also recommend attracting foreign capital through an NRI Investment Promotion Fund. Simpler borrowing rules and a single-window system for foreign investments are also key. India's next phase of economic growth will depend on steady and strong inv ...Read More >
Madanapalle (Andhra Pradesh), Dec 14 (PTI) Uttarakhand Chief Minister Pushkar Singh Dhami on Sunday said that former Prime Minister Atal Bihari Vajpayee's values, governance model and national vision continue to inspire India's journey towards self-reliance under the leadership of PM Narendra Modi. Addressing a public meeting as the chief guest at the Atal-Modi Good Governance Yatra here, Dhami spoke after unveiling a statue of Vajpayee at Annamayya Circle, Madanapalle in Annamayya district. " ...Read More >
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