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UP CM Yogi Adityanath reviewed progress towards making the state a 'One Trillion Dollar Economy'. He directed faster execution of works as the state's GSDP is estimated to have risen from Rs 12.5 lakh crore to Rs 29.78 lakh crore.CM Yogi Reviews Progress Towards $1 Trillion Economy Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday reviewed the progress of various works being done to make the state a 'One Trillion Dollar Economy'. He has directed faster execution of departmental work and h ...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 >
New Delhi [India], December 16 (ANI): In Financial Year 2027, the monetary easing is set to drive the above-trend growth of 7.5% amid the expectations of continuous fiscal tightening, said India Market Outlook 2026 Report by Axis Capital on Tuesday. "We expect the monetary easing to drive above-trend growth of 7.5%. Fiscal tightening is expected to continue, though it would be much slower at 20 bps, but the revival in credit growth in response to much easier monetary conditions is a significant ...Read More >
Mumbai, December 16: Indian equity benchmark indices ended lower on Tuesday as weak global cues and selling pressure in metal, realty and financial stocks weighed on market sentiment. At the close of trade, the Sensex slipped 533.50 points, or 0.63 per cent, to settle at 84,679.86, while the Nifty declined 167.20 points, or 0.64 per cent, to end at 25,860.10. "On the downside, the support at 25,870 was breached, intensifying bearish sentiment in the market," experts said. "In the short term, th ...Read More >
NEW DELHI, - India's exports leapt in November in defiance of U.S. President Donald Trump's steep tariffs, providing fresh leverage in ongoing trade talks with Washington and easing pressure on New Delhi to strike a quick deal. Shipments to the United States rose more than 22% in November from a year earlier, outpacing India's overall export growth of more than 19%, which lifted total goods exports to $38.13 billion, government trade data released on Monday showed. Goods exports were the highe ...Read More >
Mumbai, December 16: Indian equity benchmark indices opened Tuesday's trading session on a weak note, tracking negative cues from Asian markets. Early selling pressure dragged both the Sensex and the Nifty lower in initial trade. The Sensex opened nearly 200 points lower at around 85,025 and slipped further to trade about 300 points down in the early minutes. The Nifty also came under pressure and was trading lower by 95 points, or 0.4 per cent, at around 25,935. The index continues to trade wi ...Read More >
Tamil Nadu delivered a standout economic performance in 2024-25; its well-balanced growth model translated into a sustained surge in gross state domestic product (GSDP). A pickup across sectors enabled the state to post the highest nominal GSDP growth of 16% in 2024-25, according to the latest RBI data. This momentum has cemented TN's position as India's second-largest state economy, behind only Maharashtra, while delivering the fastest compounded annual growth rate (CAGR) of 14.59% between 2020 ...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 >
Hyderabad: Telangana has emerged as the top-ranking major state in the country in terms of per capita income, according to the latest Handbook of Statistics on Indian States 2024-25 released by the Reserve Bank of India. With a per capita income of Rs 3,87,623, Telangana has outperformed several industrially-advanced states, including Karnataka, Tamil Nadu, Haryana, Maharashtra and Kerala, underlining the State's strong economic momentum. In dollar terms, Telangana's per capita income stands at ...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 >
Speaking at the CII Smart Manufacturing Summit in New Delhi, Huddar said, "The vision of Viksit Bharat targets manufacturing contributing 25 percent of GDP by 2047, but under current trajectories India would fall short by about USD 5.1 trillion." New Delhi: India needs to rapidly scale up advanced manufacturing and frontier technologies to meet its long-term growth ambitions, Neeraj Huddar, Resident Fellow at NITI Aayog and Lead Architect of the NITI Frontier Tech Hub, said on Monday, warning t ...Read More >
New Delhi, Dec 15 (PTI) After recording about threefold surge in the inbound shipments in October, the country's gold imports dipped about 60 per cent to USD 4 billion in November, according to commerce ministry data. Gold imports stood at USD 9.8 billion in November 2024. Cumulatively, imports during April-November this fiscal year rose 3.3 per cent to USD 45.26 billion from USD 43.8 billion a year ago. The country's gold imports surged about threefold year-on-year to hit a record high of US ...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 >
New Delhi, [India] December 14 (ANI): India is entering a decisive phase of economic expansion that could redefine wealth creation over the next two decades, according to the 30th Wealth Creation Study by Motilal Oswal Financial Services. Drawing inspiration from the past 17 years, during which India's economy expanded fourfold from USD 1 trillion in 2008 to USD 4 trillion in 2025, the study envisions a similar quadrupling of GDP to USD 16 trillion over the next 17 years, from 2025 to 2042. Al ...Read More >
New Delhi, [India] December 14 (ANI): India is entering a decisive phase of economic expansion that could redefine wealth creation over the next two decades, according to the 30th Wealth Creation Study by Motilal Oswal Financial Services. Drawing inspiration from the past 17 years, during which India's economy expanded fourfold from USD 1 trillion in 2008 to USD 4 trillion in 2025, the study envisions a similar quadrupling of GDP to USD 16 trillion over the next 17 years, from 2025 to 2042. Th ...Read More >
Mumbai (Maharashtra) [India], December 5 (ANI): The Indian stock market on Friday ended higher after the Reserve Bank of India (RBI) cut the policy repo rate by 25 basis points to 5.25 per cent, as the MPC's outcome served as the key catalyst for the market's rebound. At the close of trading today, the BSE Sensex ended at 85,712.37, up 447.05 points or 0.52 per cent, while the NSE Nifty50 stood at 26,186.45, up 152.7 points or 0.59 per cent. Also Read | Dharmendra 90th Birth Anniversary: Sunny ...Read More >
NEW DELHI: Stock market benchmark indices Sensex and Nifty rallied on Friday after the Reserve Bank of India (RBI) cut key benchmark interest rate for the first time in six months and took steps to boost liquidity to support a "goldilocks" economy in the face of high US tariffs. Rising for the second day in a row, the 30-share BSE Sensex advanced 447.05 points, or 0.52 per cent, to settle at 85,712.37. During the day, it jumped 531.4 points, or 0.62 per cent, to 85,796.72. The 50-share NSE Nif ...Read More >
Mumbai, Dec 5 (PTI) Reserve Bank Governor Sanjay Malhotra on Friday said that the policy repo rate will continue to be "low" till the inflation remains benign. Speaking to reporters at the RBI headquarters after announcing a 25 basis points cut in the repo rate to 5.25 per cent, he declined to specify the level to which the repo rate can go to but added that the RBI's inflation estimates point to benign numbers. "Going forward, we expect benign inflation and so if the inflation continues to be ...Read More >
Mumbai: Indian equity markets ended the week on a positive note after the Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, bringing it down to 5.25 percent. The Monetary Policy Committee, led by Governor Sanjay Malhotra, also maintained a neutral policy stance. The central bank delivered a double surprise-cutting rates and sharply lowering the FY26 inflation forecast to 2 percent from 2.6 percent, while raising the growth projection to 7.3 percent from 6.8 percent. A ...Read More >
Mumbai, Dec 5 (SocialNews.XYZ) Indian stock markets ended higher on Friday after the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 5.25 per cent. The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, also kept its policy stance neutral. Along with the rate cut, the RBI sharply lowered its inflation forecast for FY26 to 2 per cent from 2.6 per cent and increased its growth projection to 7.3 per cent from 6.8 per cent earlier. Following the announcement, th ...Read More >
MUMBAI: Reserve Bank of India's Deputy Governor, Poonam Gupta, has responded to recent International Monetary Fund (IMF) comments questioning the quality of India's growth data and classifying the Indian rupee's exchange rate regime as a "crawling peg" within a managed float system.On the concern regarding data quality, Gupta said that the IMF's critique is more procedural than substantive. "The point that they're making on what is perceived to be the quality of our statistics is a very limited ...Read More >
India's Media and Entertainment sector is poised for significant growth, projected to contribute over $100 billion to GDP and create five million jobs by 2030. A new CII report urges an integrated policy framework, unified regulations, and infrastructure investment to transform India into a global creative hub. New Delhi: An integrated policy action framework is needed to transform India into a globally competitive creative economy hub by 2030, according to the CII's India's M&E Sector Report r ...Read More >
Equity benchmark indices Sensex and Nifty hit their fresh all-time highs in early trade on Monday as investors' sentiment turned positive after India's economy grew at a higher-than-expected 8.2 per cent in July-September - the fastest pace in six quarters. Photograph: Shailesh Andrade/Reuters The 30-share BSE Sensex jumped 452.35 points to 86,159.02 -- its record peak. The 50-share NSE Nifty climbed 122.85 points to hit a lifetime high of 26,325.80. From the Sensex firms, Adani Ports, Bhara ...Read More >
MUMBAI, Dec 1 (Reuters) - India's current account deficit moderated in the July-to-September quarter on the back of a lower merchandise trade deficit, the Reserve Bank of India said on Monday. The current account deficit stood at $12.3 billion, or 1.3% of GDP, in the second quarter of the fiscal year 2025-26, compared with an upwardly revised deficit of $20.8 billion, or 2.2% of GDP, in the same quarter a year ago. In the preceding quarter, the current account had recorded a deficit of $2.4 bi ...Read More >
MUMBAI, Dec 1 (Reuters) - India's current account deficit moderated in the July-September quarter on the back of a lower merchandise trade deficit, the Reserve Bank of India said on Monday. The current account deficit stood at $12.3 billion, or 1.3% of GDP, in the second quarter of the fiscal year 2025-26, compared with an upwardly revised deficit of $20.8 billion, or 2.2% of GDP, in the same quarter a year ago. In the preceding quarter, the current account had recorded a deficit of $2.4 billi ...Read More >
India's Urban Growth Broadens: Dun & Bradstreet's City Vitality Index Highlights New Economic Frontiers Dun & Bradstreet Logo 4 min read Last Updated : Nov 13 2025 | 3:50 PM IST PRNewswire Mumbai (Maharashtra) [India], November 13: Dun & Bradstreet, a global leader in business decisioning data and analytics, has released the City Vitality Index - Q4 2025, offering a granular view of India's urban economy. Powered by satellite-based Earth Observation (EO) data, the Index tracks real-time econ ...Read More >
Patna: The NDA on Monday hit back at Congress leader Rahul Gandhi and the opposition's chief ministerial face, Tejashwi Prasad Yadav, saying they had "accepted defeat even before the second phase" of the Bihar assembly elections scheduled for Tuesday.Reacting to the Congress and RJD's allegations against the Election Commission (EC), former Union minister and Patna Sahib MP Ravi Shankar Prasad said the opposition routinely questioned democratic institutions whenever outcomes did not favour them. ...Read More >
New Delhi, Nov 10 (PTI) Union Cooperation Minister Amit Shah on Monday launched two mobile applications - Sahakar Digi Pay and Sahakar Digi Loan - for urban cooperative banks, describing digital payment adoption as essential for their survival in an increasingly cashless economy. Addressing a two-day international conference on the urban cooperative credit sector, Shah highlighted the government's efforts to professionalise urban cooperative banks (UCBs) and cooperative credit societies, credit ...Read More >
The chief minister started his Bihar campaign by addressing a programme organised by the Bihar Chamber of Commerce and Industry in Patna Haryana chief minister Nayab Singh Saini on Wednesday kicked-off his whirlwind two-day visit to poll-bound Bihar, saying that Bihar is now not just walking on the path of development but running on the highway of progress. The chief minister started his Bihar campaign by addressing a programme organised by the Bihar Chamber of Commerce and Industry in Patna w ...Read More >
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