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New Delhi: India's fish production has more than doubled over 10 years to 197.75 lakh tonnes in 2024-25 from 95.79 lakh tonnes in 2013-14, making it the second largest producer of marine products in the world, according to a factsheet put out by the Central government on Monday. Collectively, fisheries-related schemes implemented since 2014-15 have generated an estimated 74.66 lakh direct and indirect employment opportunities, underscoring the sector's expanding role in inclusive and sustainabl ...Read More >
New Delhi: India's fish production has more than doubled over 10 years to 197.75 lakh tonnes in 2024-25 from 95.79 lakh tonnes in 2013-14, making it the second largest producer of marine products in the world, according to a factsheet put out by the Central government on Monday. Collectively, fisheries-related schemes implemented since 2014-15 have generated an estimated 74.66 lakh direct and indirect employment opportunities, underscoring the sector's expanding role in inclusive and sustainabl ...Read More >
Lucknow, April 3 (UNI) To fulfill Chief Minister Yogi Adityanath's vision of "Viksit Uttar Pradesh @2047," the State Tourism Department has released its roadmap to achieve the goal of a $6 trillion economy by 2047. As part of this roadmap, the department has set an ambitious target to establish the state as the spiritual and cultural capital of the world by 2047. In this direction, the state aims to progressively increase its contribution to tourism-based Gross Value Added (GVA) from the curre ...Read More >
Vijayawada: NTR District in-charge Minister and Minister for Health, Medical and Family Welfare Satya Kumar Yadav said that the state government's 2026-27 Budget strikes a balance between welfare and development, setting the tone for achieving the "Swarna Andhra" vision. The Budget Outreach Programme took place on Thursday at the Pingali Venkaiah meeting hall in the Collectorate in Vijayawada. Minister Satya Kumar Yadav attended the event virtually, along with several MLAs. During the session, ...Read More >
The survey claimed that the economic growth in the 2024-25 financial year was 7.02 per cent, exceeding the national average of 6.5 per cent, and marking the fourth consecutive year of growth above 7 per cent. "The real GSDP is expected to reach ₹3,21,892 crore in 2025-26 and ₹3,41,064 crore in 2026-27, representing a growth of 6.17 per cent and 5.96 per cent, respectively. At current prices, GSDP is projected to cross ₹5.6 lakh crore in 2025-26 and approach ₹6.1 lakh crore in 2026-27," t ...Read More >
New Delhi, Oct 28 (PTI) India's services sector employs nearly 30 per cent of the country's workforce, which is still lower than the global average of 50 per cent, reflecting a slower structural transition, NITI Aayog said in a report on Tuesday. The Aayog, in a report titled 'India's Services Sector: Insights from Employment Trends and State-Level Dynamics', further said that services remain the mainstay of India's employment growth and post-pandemic recovery, but challenges persist. "Service ...Read More >
Shimla: Himachal Pradesh's socio-economic progress is now under threat as the state grapples with mounting climate-related challenges since it faced 1,700 human deaths and economic losses amounting to Rs 46,000 crore from climate-related disasters over the past four years. Water scarcity is deepening as nearly two-thirds of traditional springs have dried up, forcing several villages to depopulate.Released on Monday by chief minister Sukhvinder Singh Sukhu, the 'Himachal Pradesh Human Development ...Read More >
HYDERABAD: Telangana continues to hold its position as a key industrial hub in India. According to the Annual Survey of Industries (ASI) 2023-24, released by the National Statistical Office (NSO), the state ranks among the country's top 10 industrial states, contributing 2.67% of total output and 3.37% of Gross Value Added (GVA) in the factory sector. The pharmaceutical sector remains Telangana's strongest pillar. With an output of Rs 79,24,593 lakh and GVA of Rs 24,45,188 lakh, the state ranks ...Read More >
New Delhi: Higher spending and lower net tax collection widened the Centre's fiscal deficit up to August in this financial year to 38.1% of the annual target, compared with 27% a year before, showed the official data released on Tuesday. In absolute terms, the fiscal gap stood at ₹5.98 lakh crore until August, against ₹4.35 lakh crore a year before, the data showed. The Centre front-loaded its spending this fiscal, especially on capital projects, to support economic growth, unlike in the initi ...Read More >
NEW DELHI: The robust GDP growth in the first quarter (Q1 FY26), at 7.8 per cent which was well above the estimate of 6.6 per cent, was led by a sharp growth in the manufacturing sector and strong momentum in the services sector, a report said on Tuesday. "All three heads within the services - Trade, Hotels, Transport, and Commerce and Broadcasting Services (8.6 per cent as compared to the estimated 6 per cent), Financial, Real Estate, and Professional Services (9.5 per cent in Q1FY26 as compar ...Read More >
New Delhi, Sep 16 (SocialNews.XYZ) The robust GDP growth in the first quarter (Q1 FY26), at 7.8 per cent which was well above the estimate of 6.6 per cent, was led by a sharp growth in the manufacturing sector and strong momentum in the services sector, a report said on Tuesday. "All three heads within the services - Trade, Hotels, Transport, and Commerce and Broadcasting Services (8.6 per cent as compared to the estimated 6 per cent), Financial, Real Estate, and Professional Services (9.5 per ...Read More >
Rajamahendravaram: Tourism, Culture and Cinematography Minister Kandula Durgesh announced that tourism development is accelerating in the state with the support of both the central and state governments. During a press conference at his Rajamahendravaram camp office, he detailed the coalition government's actions over the past 15 months and the progress of various projects. He reported that the government has secured MoUs for tourism investments totalling Rs 10,644 crore. He also noted that inv ...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 >
New Delhi: Leading industry body Confederation of Indian Industry (CII) on Sunday unveiled a proposed National Framework for Global Capability Centres (GCCs), seeking to position India as a globally preferred hub for enterprise innovation, strategy and capability development. The proposed framework, however, is expected to create 20-25 million jobs and contribute up to $600 billion in the economic impact. The framework for national GCC policy encompasses the setting up of digital economic zones ...Read More >
Lucknow, Aug 22 (PTI) The Uttar Pradesh government on Friday asserted that there is no shortage of fertilisers anywhere in the state, updating the availability report of the soil nutrients. Adequate quantities of fertiliser are available in all divisions, and to ensure that farmers do not face any problem, Chief Minister Yogi Adityanath has directed officials to monitor the situation continuously, the state government said in a statement. The update comes amid reports of a shortage in some par ...Read More >
Lucknow: Efforts of the Yogi government have provided relief to the farmers in the state. The government said that there is no shortage of fertilizers anywhere in the state. Adequate quantities of fertilizer are available in all divisions, and to ensure that farmers do not face any problem, Chief Minister Yogi Adityanath has directed officials to monitor the situation continuously. The government has taken a tough stand against black-marketing and overrating of fertilizers. Due to regular monit ...Read More >
Policy 3 min read Need to streamline policies to make India GCC hub: Official India aims to become a global hub for Global Capability Centres. Senior officials suggest streamlining national policies to emulate successful state models. Focus is on talent, infrastructure, and regulatory initiatives. The government plans a national framework to guide states in promoting GCCs in Tier II cities. Efforts are underway to boost employment and collaborate with global partners for workforce mobility. New ...Read More >
NEW DELHI: Four people died in Himachal Pradesh as rain continues to wreak havoc in the state, while five were swept away in Rajasthan's Kota at a barrage after a heavy downpour caused the authorities to release water from a reservoir. In Himachal, more than 200 roads are out of bounds for vehicular traffic, a majority of them in Mandi, while a flash flood warning has been issued for 12 districts in Jharkhand. An individual each drowned in Kullu and Kangra districts, one died after being bitte ...Read More >
New Delhi: Finance minister Nirmala Sitharaman on Monday said that the industry and the government need to explore ways to increase the setup rate of GCCs (global capability centres) in India and make the country more attractive for the remaining Fortune 500 companies that are yet to open their GCCs here. Speaking at the GCC Business Summit organized by the Confederation of Indian Industry (CII), the finance minister said that there was a need for institutionalizing governing mechanism for GCCs ...Read More >
New Delhi: Economic affairs secretary Anuradha Thakur on Monday said that India needs to streamline policies at national level to make the country a hub for Global Capability Centres (GCC). "There needs to be a deliberation on the policies adopted by states like Karnataka, Tamil Nadu and Telangana, wherein most GCCs are localised and see if such policies can be emulated across the country," she said at an CII event here. India has about 1,800 GCCs, which are set up by MNCs as offshore facilitie ...Read More >
New Delhi [India], July 14 (ANI): Opening India dairy sector to US imports could result in an annual loss of Rs 1.03 lakh crore to Indian dairy farmers, according to a recent report by the State Bank of India (SBI). The report cautioned that the move would significantly impact the livelihoods of small dairy farmers, as the US dairy sector is heavily subsidized. SBI stated, If the dairy sector is opened up, price of milk in India is likely to drop by at least 15 per cent which could cause poten ...Read More >
New Delhi [India], July 14 (ANI): Opening India's dairy sector to US imports could result in an annual loss of Rs 1.03 lakh crore to Indian dairy farmers, according to a recent report by the State Bank of India (SBI). The report cautioned that the move would significantly impact the livelihoods of small dairy farmers, as the US dairy sector is heavily subsidized. Also Read | Bitcoin Price Hits All-Time High Today, Cryptocurrency Surpasses USD 1,21,000 Mark for First Time. SBI stated, "If the ...Read More >
New Delhi: India's service sector is demonstrating a significant role in the country's journey towards becoming a $5 trillion economy, a report said on Monday. For decades, the sector has not only been contributing massively to India's gross domestic product (GDP), but has also become the key driving force to the nation's economy, rising from 40 per cent contribution in GDP in the 1990s to accounting for 55 per cent gross value added (GVA) in FY25, according to the Axis Mutual Fund's 'Service Se ...Read More >
Srinagar, Jul 3 (PTI) The annual Amarnath Yatra began on Thursday with the first batches of pilgrims setting off from the twin base camps in Baltal and Nunwan towards the 3880-metre-high cave shrine in the south Kashmir Himalayas, which houses a naturally formed ice-lingam, officials said. The yatra started early morning from the twin tracks -- the traditional 48-km Nunwan-Pahalgam route and the 14-km Baltal route. The batches of pilgrims, including men, women and sadhus, left from the Nunwan ...Read More >
India's balance of payments (BoP) recorded a $13.5 billion current account surplus in the fourth quarter of fiscal year 2025 (Q4FY25), equivalent to 1.3 per cent of GDP. This surplus, driven by robust services exports and remittances, paints a picture of external sector strength. However, it conceals significant vulnerabilities in merchandise trade, capital inflows, and domestic demand. In fiscal year 2025 (FY25), the current account deficit (CAD) moderated to -0.6 per cent of GDP, an unusual o ...Read More >
India contributed 6.7% (USD 297 billion) to global GDP growth in FY25, with SBI alone accounting for 1.1% (USD 44 billion) globally and 16% of India's contribution. India contributed around 6.7 per cent to the global economy's incremental growth in FY25, and the State Bank of India (SBI) alone accounts for 1.1 per cent of the incremental growth, according to a report by SBI research. The report highlights India's strong performance on the global economic front, adding USD 297 billion to the tot ...Read More >
New Delhi [India], July 2 (ANI): India contributed around 6.7 per cent to the global economy's incremental growth in FY25, and the State Bank of India (SBI) alone accounts for 1.1 per cent of the incremental growth, according to a report by SBI research. The report highlights India's strong performance on the global economic front, adding USD 297 billion to the total increase in global GDP during FY25. Also Read | Bodoland Lottery Result Today, July 02, 2025: Assam State Lottery Sambad Wednesd ...Read More >
Sangareddy (Telangana) [India], July 1 (ANI): Telangana Governor Jishnu Dev Varma has expressed grief over the tragic fire accident that occurred at the Pashamylaram industrial area in Sangareddy district that killed 12 people. The Governor paid condolences to the families of those who lost their lives in the incident and wished a speedy recovery to the injured. Also Read | Rules Changing From July 1, 2025: From LPG Cylinder Prices and Railway Fares to Aadhaar-PAN Link, Check Key Rule Changes ...Read More >
New Delhi: Industrial output growth slowed to a nine-month low in May as electricity and mining sectors contracted sharply and the key manufacturing sector remained sluggish. This points to some pain for the vital sector against the backdrop of global uncertainties.Data released by the National Statistics Office (NSO) on Monday showed the index of industrial production (IIP) rose by 1.2% in May lower than the 2.6% in April and below the 6.3% recorded in May last year. The early onset of the mons ...Read More >
New Delhi [India], June 30 (ANI): Industrial production activity in India moderated month-on-month with the Index of Industrial Production (IIP) growing 1.2 per cent in May, against 2.7 per cent recorded in April, according to the Ministry of Statistics and Programme Implementation data. In May, the growth rates of the three sectors, Mining, Manufacturing and Electricity the were (-) 0.1 per cent, 2.6 per cent, and (-) 5.8 per cent, respectively. Also Read | 'I Stand Firmly With Diljit': Actor ...Read More >
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