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JAMMU, Apr 3: Jammu and Kashmir's Gross State Domestic Product (GSDP) growth moderated to 11.18 per cent in 2024-25, down from 12.51 per cent in the previous financial year, though it has remained in the 11-12 per cent range over the past four fiscals, according to the Comptroller and Auditor General (CAG). Follow the Daily Excelsior channel on WhatsApp The CAG report on Union Territory Finances for the year 2024-25 was tabled in the legislative Assembly by the Chief Minister Omar Abdullah on ...Read More >
Jammu: Jammu and Kashmir's Gross State Domestic Product (GSDP) growth moderated to 11.18 percent in 2024-25, down from 12.51 percent in the previous financial year, though it has remained in the 11-12 percent range over the past four fiscals, according to the Comptroller and Auditor General (CAG). The CAG report on Union Territory Finances for the year 2024-25 was tabled in the legislative Assembly by the Chief Minister Omar Abdullah on Thursday, also showing that Jammu and Kashmir's share in I ...Read More >
Mumbai: Heightened uncertainty transmitting from the West Asia crisis into India's growth and inflation outlook may compel the Monetary Policy Committee (MPC) of the Reserve Bank of India to hold the benchmark repo rate to 5.25 per cent next week and maintain a neutral stance. The three day policy meeting of the MPC (RBI's rate setting panel) will begin on April 6. Experts also do not expect the central bank to announce any measures for either liquidity or currency management as the central bank ...Read More >
Last month in March, Chinese Foreign Minister called for enhanced cooperation between India and China. Consul General of the People's Republic of China in Mumbai, Qin Jie, spoke about the future of India-China ties and expressed optimism as he recalled the meeting between PM Modi and President Xi Jinping. He added that the BRICS Summit, which will take place in New Delhi, will provide an opportunity to further deepen ties. The Consul General told reporters, "For the future of the relationship ...Read More >
Jammu, Apr 3 (PTI) Jammu and Kashmir's Gross State Domestic Product (GSDP) growth moderated to 11.18 per cent in 2024-25, down from 12.51 per cent in the previous financial year, though it has remained in the 11-12 per cent range over the past four fiscals, according to the Comptroller and Auditor General (CAG). The CAG report on Union Territory Finances for the year 2024-25 was tabled in the legislative Assembly by the Chief Minister Omar Abdullah on Thursday, also showing that Jammu and Kashm ...Read More >
Davanagere (Karnataka), Apr 3 (PTI) Karnataka Chief Minister Siddaramaiah on Friday defended the Congress party's decision to field family members of two deceased MLAs in Assembly by-elections, asserting that the move follows established political practice. Addressing criticism from the BJP over alleged dynastic politics, he said the party had followed a "common practice" in selecting candidates for the upcoming bypolls in the state. The bypolls were necessitated by the demise of sitting Congr ...Read More >
AgriTech investment across the region peaked at over $750 million in 2022 before falling nearly 70 per cent by 2025 | Representative Image Southeast Asia sits on one of the world's largest untapped agricultural technology opportunities, and India's evolution in venture capital and governance offers one of the most instructive models for unlocking it, according to a recent report by Omnivore, Beanstalk AgTech, and Briter. Agriculture contributes about 15 per cent of GDP and employs up to 40 per ...Read More >
New Delhi [India], April 3 (ANI): Digitalisation and AgriTech adoption in Southeast Asia could unlock a whopping $90 billion in annual GDP gains by 2033, with India leading the way, according to a study authored by Omnivore, Beanstalk AgTech, and Briter. The study argues that digitalisation and increased adoption could unlock these annual GDP gains by 2033, detailing how the region is currently navigating a sharp market correction. AgriTech investment across Southeast Asia peaked at over USD 75 ...Read More >
New Delhi [India], April 3 (ANI): Digitalisation and AgriTech adoption in Southeast Asia could unlock a whopping $90 billion in annual GDP gains by 2033, with India leading the way, according to a study authored by Omnivore, Beanstalk AgTech, and Briter. The study argues that digitalisation and increased adoption could unlock these annual GDP gains by 2033, detailing how the region is currently navigating a sharp market correction. AgriTech investment across Southeast Asia peaked at over USD 75 ...Read More >
NEW DELHI: Economists on Friday said they do not expect any change in repo rate or stance this time amid geopolitical tensions, as the Reserve Bank of India (RBI) gears up for its monetary policy committee (MPC) meeting next week. According to them, the tone will be cautious and what will be eagerly awaited is RBI's forecast of GDP and inflation under the prevailing uncertainty. "We do not expect any measures for either liquidity or currency management as RBI will do whenever required as we ha ...Read More >
Bengaluru, Karnataka Chief Minister Siddaramaiah on Thursday cautioned that cybercrimes and drug-related offences are on the rise in the state and urged the police to take strong and effective measures to prevent them. He also asked the police to use technology effectively to curb such crimes. The CM was speaking at the 'Karnataka Police Flag Day' event, attended by Home Minister G Parameshwara and senior Home Department and police officials. "In the last three years, there has been a decline ...Read More >
New Delhi, April 3 (SocialNews.XYZ) Economists on Friday said they do not expect any change in repo rate or stance this time amid geopolitical tensions, as the Reserve Bank of India (RBI) gears up for its monetary policy committee (MPC) meeting next week. According to them, the tone will be cautious and what will be eagerly awaited is RBI's forecast of GDP and inflation under the prevailing uncertainty. "We do not expect any measures for either liquidity or currency management as RBI will do w ...Read More >
New Delhi: Economists on Friday said they do not expect any change in repo rate or stance this time amid geopolitical tensions, as the Reserve Bank of India (RBI) gears up for its monetary policy committee (MPC) meeting next week. According to them, the tone will be cautious and what will be eagerly awaited is RBI's forecast of GDP and inflation under the prevailing uncertainty. "We do not expect any measures for either liquidity or currency management as RBI will do whenever required as we ha ...Read More >
The Congress and the Bharatiya Janata Party (BJP) on Wednesday exchanged several barbs amid the high-stake contest in Assam where the assembly elections are scheduled on April 9. Congress leader Priyanka Gandhi, who was in Assam for a campaign rally, accused the Himanta Biswa Sarma government of being corrupt and alleged a "mafia rule" in the state. The Congress leader, an MP from Wayanad, also raised Zubeen Garg's death and said seeking justice for a respected figure is a political duty rathe ...Read More >
BENGALURU: Karnataka's average is higher than the national average in various crimes, including cybercrimes, and this should be strictly prevented, Chief Minister Siddaramaiah told police personnel at the Police Flag Day programme organised at the Parade Ground in Koramangala, Bengaluru. Siddaramaiah stated that he believes no crime or illicit business can occur within the jurisdiction of any police station without the knowledge of the jurisdictional officers. Karnataka is ahead in terms of st ...Read More >
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday said the state government is committed to making Himachal a self-reliant economy by 2027 and a prosperous state by 2032, asserting that structural reforms initiated during the recently concluded Budget Session would accelerate growth. Addressing the media on the final day of the assembly session, Sukhu said that despite presenting a relatively smaller budget compared to the previous year, there was no financial crisis. "We have ...Read More >
New Delhi, Apr 2 (PTI) India assumed the BRICS chairship on January 1, and as such it has followed a people-centric and humanity-first approach, the government informed Parliament on Thursday. The BRICS, originally comprising Brazil, Russia, India, China and South Africa, expanded in 2024 to include Egypt, Ethiopia, Iran, and the UAE, with Indonesia joining in 2025. "India assumed the BRICS Chairship on January 1, 2026 under the theme, 'Building for Resilience, Innovation, Cooperation and Sust ...Read More >
New Delhi, Apr 2 (PTI) The overall liabilities of the Union government increased during 2024-25 mainly due to an increase in public debt, CAG said in a report on Thursday. "Internal debt and external debt increased by 8.35 per cent and 9.83 per cent, respectively, compared to 2023-24. At the end of FY 2024-25, internal debt stood at Rs 1,59,25,949 crore and Market loans, its primary component, accounted for 69.96 per cent of the total internal debt," CAG report tabled in Parliament said. Capit ...Read More >
Bengaluru (PTI): Karnataka Chief Minister Siddaramaiah on Thursday cautioned that cybercrimes and drug-related offences are on the rise in the state and urged the police to take strong and effective measures to curb them. He also called on the police to make better use of technology to curb such crimes. The chief minister was speaking at the 'Karnataka Police Flag Day' event, attended by Home Minister G Parameshwara and senior Home Department and police officials. "In the last three years, th ...Read More >
Davanagere (Karnataka): Karnataka Chief Minister Siddaramaiah on Thursday said the Congress is receiving more-than-expected public support in the by-elections and that people have realised the "truth" about the BJP's lack of development, even as he attacked the Centre over fund allocation. Speaking to media persons at the helipad at the MBA College premises in Davanagere, he said the response in the Davanagere South Assembly constituency has exceeded expectations. "People have understood that ...Read More >
New Delhi, April 2 (SocialNews.XYZ) The Middle East conflict and elevated oil prices will likely lead to the Reserve Bank of India maintaining the policy repo rate unchanged at 5.25 per cent in its April 2026 MPC meeting, a report said on Thursday. The report from Bank of Baroda predicted that the economic landscape has reached the end of the rate cut cycle, and RBI will now remain on a prolonged pause. The central bank will likely maintain a neutral stance and remain vigilant about the evolvin ...Read More >
Gurdaspur, Punjab, India - Ramesh Kumar, 42, is anxiously doing the calculations for his crops this year. Standing at the edge of his wheat field in northwest Punjab's Gurdaspur, he runs through the numbers in his head, totting up fertiliser costs, expected yield, and market prices. Then he shifts to more personal concerns: School fees, household expenses, loan repayments and the money he has been saving for his daughter Varsha's wedding. "I don't know if we can afford it this year," he says. ...Read More >
Sivaganga (Tamil Nadu) [India], April 2 (ANI): Dravida Munnetra Kazhagam (DMK) MP Kanimozhi on Thursday expressed strong confidence in the party's prospects, stating that people in Tamil Nadu favour the formation of the Dravidian Model 2.0 government led by Chief Minister MK Stalin once again. "Therefore, I strongly believe that victory for the DMK is assured," she said. Commenting on actor-turned-politician Vijay contesting from two constituencies, Kanimozhi said, "Vijay contesting in two con ...Read More >
Will the RBI hike rate as crude crosses $100 and the rupee weakens -- or hold steady to protect growth? The Reserve Bank of India will hold its first monetary policy meeting of FY27 from April 6 to April 8. The meeting comes at a time when India is grappling with global uncertainties, including escalation in tension in the Middle East, crude prices surging and the rupee at all-time low. Crude prices above $100 per barrel have led to a sharp spike in LPG prices. Supply disruptions in the Strait ...Read More >
In the fiscal year 2025-26 that ended on Tuesday, the state government's own internal resources through revenue collection from major departments looked positive with an estimated collection of ₹56,000 crore as against the target of ₹59,520 crore for the current FY, officials in the state finance department said. The highest collection is from commercial taxes department, which has achieved a growth of 9.20% in state GST collection in FY 25-26 from last year FY 24-25. The total revenue colle ...Read More >
NEW DELHI: Goods and services tax (GST) collections rose 8.8% in March to cross the Rs 2 lakh crore mark for the first time since rates were lowered in Sept.Latest data showed that collections from domestic sources, based on transactions in Feb, went up nearly 6% to Rs 1,46,202 crore. The kitty based on imports expanded nearly 18% to Rs 53,861 crore, pointing to the impact of higher gold and silver imports, amid hardening of global oil prices towards the end of Feb when tension in West Asia was ...Read More >
India's gross Goods and Services Tax (GST) collections rose to a 10-month high of INR 2 lakh crore in March, up 8.8 per cent from a year-ago, the third highest monthly collection in the 2025-26 fiscal, buoyed by mop-ups from imports as well as domestic sales and purchases, according to official data. Gross domestic revenues rose 5.9 per cent to over INR 1.46 lakh crore, while those from imports grew 17.8 per cent to INR 53,861 crore during the month. The gross GST mop-up was INR 1.83 lakh cror ...Read More >
Mumbai: Bank economists have told the Reserve Bank of India (RBI) at a pre-policy meeting that there is no immediate need to either raise the repo rate or change the stance, provided inflation remains within the central bank's tolerance band, multiple participants in the discussions told ET. They also added that RBI has alternative tools to manage currency pressures and is unlikely to resort to a rate hike, unless the impact becomes visible in inflation, one economist said. Discussions at the ...Read More >
India's biotech ecosystem has also expanded significantly, now comprising over 2,500 startups, around 100 incubators, more than 600 research institutes, and over 200 accredited laboratories India's biotech sector is entering a new phase of global relevance, with the country's bioeconomy expanding from $10 billion in 2014 to $195 billion in 2026 and projected to touch nearly $300 billion by 2033, according to a report by Endiya Partners. The report, India's Biopharma Moment: Perspectives from D ...Read More >
Thoothukudi, Tamil Nadu - As the assembly elections approach, DMK MP voiced strong confidence in Chief Minister MK Stalin's leadership on Wednesday, anticipating a renewed term in office. She cited the past five years of governance as a testament to the effectiveness of Stalin's administration, drawing voter trust. The MP underscored notable government achievements, including significant developments in infrastructure, job creation, and the implementation of social welfare schemes, particularly ...Read More >
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