Robust growth in indirect tax receipts points to a nascent revival in manufacturing sector.
'Session musicians, background singers, and studio instrumentalists fill out the sound of India's biggest hits. But their names rarely show up on screen.' 'Their royalties never arrive. And their contribution, no matter how iconic, vanishes once the track is mastered.'
Credit growth has slowed down from around 32 per cent (year-on-year) in July 2006 to around 23 per cent in August. Anecdotal evidence suggests that much of the deceleration in growth has come on the back of softer retail credit off-take.
Economist Joydeep Mukherji, who tracks India and China for Standard and Poor's, has joined the minority of economists who believe that with a little more effort India can overtake the Chinese economy.\n\n\n\n
Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety standards, said the ecommerce company on Thursday.
Confederation of Indian Industries said on Monday that the economy has shown clear signs of a turnaround over the last four quarters with sales
US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows.
The weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity may result in the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) to cut the repo rate by another 25 basis points, opine top economists. They also said the external economic pressures like trade policies and others would require continued RBI's accommodative stance and policy support for the Indian industry to sustain the growth.
The Chennai-born cricketer has 185 wickets in 217 matches at an average of 29.92, conceding runs at an economy of 7.18.
Citing various macroeconomic parameters that are doing pretty well, India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant projected that the country is all set to overtake Japan as 4th largest economy in the world by 2025. The size of India's GDP is currently ranked 5th, after the US, China, Germany, and Japan. It overtook the UK in 2022.
Housing sales are estimated to decline 23 per cent annually to nearly 1.06 lakh units during January-March across nine major cities on subdued demand due to high prices and concern over economic growth, according to PropEquity.
While much attention has been devoted to interest rates and industrial revival, the bigger problem for the economy could be its external vulnerability.
India-Turkiye ties are strained over Ankara's Islamabad tilt, its arms links with Pakistan, and fallout from the Pahalgam terror attack.
The Tesla careers page reveals there are 14 staff vacancies, of which 13 are based in Mumbai.
Srinivas Bhogle and Purnendu Maji present Rediff's Most Valuable Player Index of IPL 2025 after Game 68.
Movement in the equity market this week will be guided by a host of macroeconomic data announcements, global trends and trading activity of foreign investors, analysts said. Stocks markets concluded the last week on a subdued note, as investors grappled with global uncertainties.
The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006.
The interplay between domestic and foreign capital will shape India's equity markets.
NPA issues in the banking sector, standoffs in Parliament denting the reform momentum and limited space on the fiscal side are among the major concerns for investors.
He is an architect of economic reforms and a part of Manmohan Singh's dream team.
Stating that the worst is over for the Indian economy, financial major Citigroup on Friday said the country is likely to clock a growth rate of 5.4 per cent in 2012-2013 fiscal year.
Jaishankar said such a description would be like putting the perpetrator and the victim of the Pahalgam attack at the same level.
The US Fed rate cut of 50 basis points is unlikely to have any significant impact on foreign inflows into India, Economic Affairs Secretary Ajay Seth said on Thursday. He said the US Federal Reserve has done what it assesses is good for the largest economy in the world, but the RBI will take a decision on interest rate cut keeping the Indian economy in mind. "It is a positive for the global economy, including the Indian economy. "It is a 50 basis points cut from a high level.
Gross GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February, boosted by domestic consumption and indicating potential economic revival. As per the official data released on Saturday, on a gross basis, mop up from Central GST stood at Rs 35,204 crore, State GST at Rs 43,704 crore, Integrated GST at Rs 90,870 crore and compensation cess of Rs 13,868 crore.
'We've moved from thousands killed yearly in Jammu and Kashmir to 127 last year.' 'Cross-border terrorism in Kashmir is being solved. We are winning it.'
A day after his appointment as the 26th governor of the Reserve Bank of India (RBI), outgoing Revenue Secretary Sanjay Malhotra on Tuesday said one must understand the economic landscape and do what was best for the economy. "Let me first go, join, understand the turf ... Here it is a different role," Malhotra said, speaking to reporters in front of North Block.
Leaders of Pakistan, Turkey and Azerbaijan agreed to strengthen their ties for the mutual benefit of their peoples, as well as for regional peace and prosperity. The understanding was reached at the Pakistan-Turkey-Azerbaijan trilateral summit in Lachin, Azerbaijan, attended by Prime Minister Shehbaz Sharif alongside presidents Recep Tayyip Erdogan and Ilham Aliyev. Azerbaijan announced a USD 2 billion investment in Pakistan's economy. Turkey expressed support for the ceasefire between Pakistan and India and hopes that it evolves into permanent peace.
An inconclusive end to this war will pose high risk for Netanyahu of a cascading demand for a regime change in Israel, predicts Ambassador M K Bhadrakumar.
Prime Minister Narendra Modi and (the then) UK Prime Minister Boris Johnson launched an 'Enhanced Trade Partnership' (ETP) to unleash the trade potential between the two economies. As part of the ETP, they agreed on a roadmap to negotiate a comprehensive and balanced FTA.
This was India's seventh defeat in their last nine matches as their poor run in Test cricket continues following successive series defeats against New Zealand at home and in Australia.
The economies of China and India are 40 per cent smaller than previously thought, according to new estimates published by the World Bank this week.
'Generating employment requires a shift in policy.' 'If not, the country will face economic, social and political challenges in the coming years.'
Indo-Canadian Anita Anand and Delhi-born Kamal Khera are part of new Canadian Prime Minister Mark Carney's cabinet. Anand is the Minister of Innovation, Science and Industry while Khera is Minister of Health. Carney's cabinet with 13 men and 11 women is smaller than Trudeau's 37-member team.
Revenues from Bangladeshi patients have declined by 30% to 35% in 2024-2025. Bangladesh typically accounts for 70% to 75% of all medical visas issued by India.
The CII Business Summit 2025's inaugural session witnessed a rousing standing ovation and a felicitation ceremony for the defence top brass sending a strong message about India's rising military industrial complex and hghlghting that security is a top-of-the-mind issue for India Inc.
Shami has dismissed a batter four times off the first ball of an innings in the IPL, the most by a bowler
At present there is virtually no dialog between votaries of different various versions of economic democracy.
India's economy is likely to grow in the range of 4.5 to 5 per cent during the second half of the current fiscal, a CII survey said.
'Illegal gambling operators are systematically exploiting India's advertising and payment infrastructure, siphoning off crores of rupees from outside the country.'
With economic activity buoyed by expectations from the new elected government of "Prime Minister Narendra Modi, India is benefiting from a 'Modi dividend'," the Bank said in its twice-a-year South Asia Economic Focus report on Monday.
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