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Chennai : Motilal Oswal Mutual Fund (MOMF), which follows the QGLP (Quality, Growth, Longevity, Price) investing framework announced the launch of the Motilal Oswal Consumption Fund. This open-ended equity scheme is designed to capture India's multi-decade consumption growth story, now transitioning into an evolved phase of luxury and discretionary spending. The New Fund Offer (NFO) will be open for subscription from October 1st to October 15th, 2025. India's consumption is undergoing significa ...Read More >
New Delhi: The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 5.50 per cent in its upcoming Monetary Policy Committee (MPC) meeting, a new report said on Monday. The central bank had last cut the repo rate by 50 basis points in June, while the August review saw the rate being held steady, according to a report by Bajaj Broking. The report said the RBI is likely to maintain the current rate as inflation remains low and manageable, but risks to growth are becoming more ...Read More >
Mumbai, Sep 29 (SocialNews.XYZ) Shiv Sena(UBT) on Monday claimed that US President Trump has dealt a blow to Indian pharmaceutical companies by imposing a 100 per cent tariff on medicines, saying that it will devastate the Indian pharmaceutical industry and affect healthcare for the poor and middle class. "Trump, who is acting as if he is taking revenge on Indian business and industry, wants to destroy India's economy. He certainly wants to dent Prime Minister Narendra Modi's stated ambition to ...Read More >
MUMBAI (Reuters) -The Reserve Bank of India is widely expected to hold its key policy rate at 5.50% on Wednesday, though some economists say a surprise cut cannot be ruled out as it weighs the impact of U.S. trade tariffs and subdued inflation. A Reuters poll showed nearly three-quarters of economists expected a pause, but major banks including Citi, Barclays, Capital Economics and SBI have flagged the possibility of a cut citing downside risks to growth and a benign inflation outlook. The RBI ...Read More >
Dehradun (Uttarakhand) [India], September 28 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami interacted with shopkeepers and the traders in Garhi Cantt Market, Dehradun, on Sunday, as part of a public awareness campaign to promote the adoption of indigenous products and spread information about the new GST rates. During the visit, the Chief Minister sought suggestions and feedback from the public regarding the new GST slabs and encouraged them to inform others about the reduced GST rates. ...Read More >
Mumbai, Sep 28 (SocialNews.XYZ) The Reserve Bank of India's (RBI) upcoming Monetary Policy Committee (MPC) meeting, scheduled from September 29 to October 1, is expected to maintain the current policy stance, with a low probability of a rate cut, experts said on Sunday. Experts noted that the MPC meeting comes against a backdrop of ongoing global tariff tensions and concerns over the fiscal health of advanced economies. "The Indian economy has shown strong resilience, achieving a five-quarter ...Read More >
Lucknow (Uttar Pradesh) [India], September 27 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath on Saturday took a veiled dig at the Samajwadi Party in the state and accused it of "family and caste based politics" and alleged that the state was made "bimar" (weak). "Everyone knows how Uttar Pradesh's development was halted because of family (dynastic) and caste based (casteist) politics, how rioting destroyed the businesses in Uttar Pradesh, how the corrupt system made the bureaucracy handica ...Read More >
Lucknow (Uttar Pradesh) [India], September 27 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath on Saturday took a veiled dig at the Samajwadi Party in the state and accused it of "family and caste based politics" and alleged that the state was made "bimar" (weak). "Everyone knows how Uttar Pradesh's development was halted because of family (dynastic) and caste based (casteist) politics, how rioting destroyed the businesses in Uttar Pradesh, how the corrupt system made the bureaucracy handica ...Read More >
New Delhi [India], September 27 (ANI): The Government e Marketplace (GeM) and the Arun Jaitley National Institute of Financial Management (AJNIFM), on Wednesday, signed a Memorandum of Understanding (MoU) to strengthen India's public procurement system through training, research and knowledge building. According to a statement, the MoU, signed in Delhi, aims to integrate GeM's digital procurement platform with AJNIFM's expertise in training and capacity building. The release stated that the col ...Read More >
Indian officials are set to request the US to ease access for skilled workers during trade negotiations this week, following President Trump's H-1B visa restrictions. Commerce Minister Piyush Goyal will address the movement of IT professionals, expanding talks beyond goods to include services.Indian officials will ask US trade negotiators this week to ease access for thousands of skilled workers, a person familiar with the matter said, days after President Donald Trump's abrupt announcement to r ...Read More >
Lucknow: The Council of Scientific and Industrial Research has been knowledge backbone and torchbearer of innovation in the country, as, from indelible ink used in every election to Sonalika tractor and NAL Saras multipurpose civilian aircraft, the list of its contributions is extensive. This successful scientific journey was shared by scientists during CSIR Foundation Day celebration held at IITR on Thursday."Founded on Sept 26, 1942, the glorious organisation is celebrating its 84th Foundation ...Read More >
HYDERABAD: Even as Donald Trump dashed off a missive announcing 100 per cent tariffs on branded, patented pharma products, Hyderabad, which has a significant number of pharma companies exporting to the US, may not see an impact, said industry officials. "The announcement is vague. The use of terms branded and patent in the message leaves scope for varied interpretation. India is predominantly a generic exporter and I don't think it impacts Hyderabad or even India," said R Udaya Bhasker, former ...Read More >
Manmohan Singh was an eminent economist and served as Reserve Bank of India Governor from 1982 to 1985. New Delhi: Prime Minister Narendra Modi on Friday paid tribute to Former Prime Minister Manmohan Singh on his 93rd birth anniversary, recalling his contributions to the nation during his years in public life. In a post on X, PM Modi wrote, "Tributes to former PM Dr. Manmohan Singh Ji on his birth anniversary. We recall his contributions to our nation during his long years in public life." ...Read More >
JSW Foundation's chairperson Sangita Jindal was conferred the prestigious French honour, Chevalier de l'Ordre des Arts et des Lettres, for her contribution to the arts, culture, and heritage conservation in India and dedication to fostering Indo-French cultural ties. Award Conferred by French Ambassador On Friday, ambassador of France to India Thierry Mathou conferred on Jindal the insignia of Chevalier de l'Ordre des Arts et des Lettres (Knight of the Order of Arts and Letters) at her residen ...Read More >
With uncertainty becoming a defining feature of the global landscape, the role of banks has become much more critical not just as custodians of savings but also as engines of growth, Finance Minister Nirmala Sitharaman said on Thursday. She noted that financial institutions play a crucial role in national infrastructure building and banks must maintain strong balance sheets to fund significant investments, meet the demand for credit, and provide innovative financial products and capital expendit ...Read More >
New Delhi [India], September 26 (ANI): Indian households are set to benefit from tax savings of up to 27 to 30 per cent under the new GST 2.0 regime, according to a report released by the Federation of Indian Chambers of Commerce and Industry's Committee Against Smuggling and Counterfeiting Activities Destroying the Economy (FICCI CASCADE) along with the Thought Arbitrage Research Institute (TARI). The joint report, titled "Decoding the Journey of GST Reforms: GST and Its Effect on Economy, Bus ...Read More >
Lieutenant Governor Manoj Sinha champions Jammu and Kashmir's real estate sector towards becoming a key economic pillar by 2047. Highlighting growth potential, Sinha also supports innovation initiatives like Atal Tinkering Labs to empower youth and announces CSR projects for sustainable development in the region. During the AIFORERA Governing Council Meeting, Jammu and Kashmir Lieutenant Governor Manoj Sinha hailed the real estate sector's long-term growth, predicting it will be pivotal to the ...Read More >
Addressing the inauguration event of the Uttar Pradesh International Trade Show 2025 in Uttar Pradesh's Greater Noida, the Prime Minister said the structural reforms in GST are set to give new wings to India's growth story Prime Minister Narendra Modi on Thursday said that his government's next-generation goods and service tax (GST) reforms have drastically reduced the tax burden on the poor as well as the middle class. Addressing the inauguration event of the Uttar Pradesh International Trade ...Read More >
MUMBAI: Standard Chartered India CEO P D Singh sees the India-Middle East trade corridor as a promising one for adoption of rupee invoicing, even though it's a gradual shift. "It is picking up in Middle Eastern corridors and could expand in future, much like how Chinese yuan invoicing became common in solar equipment trade," he said, adding that the move was steady but not yet large-scale.Govt and RBI have been working on internationalisation of the rupee to protect forex reserves and ensure ene ...Read More >
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a comprehensive Rs 69,725 crore package to revitalize India's shipbuilding and maritime ecosystem. The initiative introduces a four-pillar strategy aimed at strengthening domestic capacity, improving long-term financing, promoting greenfield and brownfield shipyard development, enhancing technical capabilities and skilling, and implementing legal, taxation, and policy reforms to create robust maritime infrastructu ...Read More >
NEW DELHI: Accelerated adoption of Artificial Intelligence (AI) across industries can contribute $500-600 billion to India's GDP by 2035 on the back of increased productivity and efficiency in the workforce, a NITI Aayog report said on Monday. The report titled 'AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth' further said that over the next decade, the adoption of AI across sectors is expected to add $17-26 trillion to the global economy. "India's combination of a large ST ...Read More >
New Delhi, Sep 15: Accelerated adoption of Artificial Intelligence (AI) across industries can contribute USD 500-600 billion to India's GDP by 2035 on the back of increased productivity and efficiency in the workforce, a NITI Aayog report said on Monday. The report titled AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth further said that over the next decade, the adoption of AI across sectors is expected to add USD 17-26 trillion to the global economy. "India's combination ...Read More >
New Delhi, Sep 15 (SocialNews.XYZ) Artificial Intelligence has the power to transform India's economic growth in the coming decade as it could add up to $1.9 trillion to the country's economy by 2035, according to a new report by NITI Aayog on Monday. Globally, AI adoption is expected to generate $17-26 trillion in value over the next ten years, as per the report titled 'AI for Viksit Bharat: Roadmap for Accelerated Economic Growth'. India has the potential to capture 10-15 per cent of this va ...Read More >
New Delhi: The promise of Artificial Intelligence (AI) is not only real, but it is an economic necessity. Recently, NITI Aayog and the Niti Frontier Tech Hub published a report titled "AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth", outlining the clear case for AI helping India to close its growth gap and meet its aspirational 2047 Viksit Bharat goal of becoming a developed economy. The report concludes that if India continues on its growth trajectory of 5.7%, the countr ...Read More >
Chennai: At its current growth rate of 5.7 per cent, India's GDP is projected to reach $6.6 trillion by 2035. However, to achieve the government's vision of Viksit Bharat, it has to grow by 8 per cent and increase GDP to $8.3 trillion and for this AI adoption, especially in 18 sectors will help add $1.4 trillion to $1.7 trillion by 2035, finds Niti Aayog. ...Read More >
New Delhi, Sep 15: Accelerated adoption of Artificial Intelligence (AI) across industries can contribute USD 500-600 billion to India's GDP by 2035 on the back of increased productivity and efficiency in the workforce, a NITI Aayog report said on Monday. Global AI Impact Estimated at USD 17-26 Trillion The report titled 'AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth' further said that over the next decade, the adoption of AI across sectors is expected to add USD 17-26 t ...Read More >
New Delhi: Accelerated adoption of Artificial Intelligence (AI) across industries can contribute USD 500-600 billion to India's GDP by 2035 on the back of increased productivity and efficiency in the workforce, a NITI Aayog report said on Monday. The report titled 'AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth' further said over the next decade, the adoption of AI across sectors is expected to add USD 17-26 trillion to the global economy. "India's combination of a large ...Read More >
Bengaluru : As India's economy continues to expand, driven by rising consumption, increasing disposable incomes, and growing demand supported by lower interest rates, the country's leading companies -- sector leaders -- are uniquely positioned to capitalise on these emerging opportunities and shape the future of the economy. With the possibility of increased affordability through expected reductions in GST rates across a range of product categories, these companies not only drive economic growth ...Read More >
'We will move forward. We were once divided, but we will unite that again,' RSS chief Mohan Bhagwat said RSS chief Mohan Bhagwat on Sunday said India is moving forward on the path of development by proving everyone's predictions wrong as it is driven by faith in the traditional philosophy of knowledge, action, and devotion. His comments came at a time when the Indian economy recorded a better-than-expected growth rate of 7.80 per cent in the April-June quarter of the current fiscal, the highes ...Read More >
New Delhi: The Confederation of Indian Industry has called for establishing a National Global Capability Centres (GCC) Council through exclusive legislation to develop next-generation Digital Economic Zones, helping unleash the true potential of GCCs that have lately been at the vanguard of creating technology jobs at the country's top outsourcing hubs. The proposed council would help deepen the industry-academia partnership, the apex industry body said, as part of its 'Suggested Framework for ...Read More >
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