Economy

India is to overtake the US in terms of purchasing power parity by 2048 to become the second-largest economy of the world.

Thanks to the rather generous dividend from the RBI and higher-than-budgeted tax collections, Sitharaman might as well indulge in some much-needed fiscal therapy.

CIL has asked its subsidiary companies to spike up their offer quantity under e-auction to 40% of their respective total production.

Industry experts said the share of the sector in GDP has to go up if India has to achieve its target of becoming a $10 trillion economy in the coming years.

Sources said that the economists urged the government to take steps to accelerate economic growth and improve infrastructure.

Tomatoes have taken the biggest hit: local vendors are selling them for nearly Rs 100 per kg.

Food inflation likely intensified in June from the 8.7 per cent rate observed in April and May.

The Indian industry is demanding greater access for its skilled professionals from sectors like IT and healthcare in the UK market, besides market access for several goods at nil customs duty.

As farmers count their losses — a total yet unknown — the deluge has exposed what opposition politicians call Kenya’s ill preparedness for climate change and related disasters.

The ICRA Ratings project securitisation volume to pick up in the subsequent quarters and cross the Rs 2 trillion mark by March.

India has 162 compounders as against 126 in China. This is despite the fact that the Chinese economy and its capital market are much bigger than India.

In the FMCG sector, Mumbai (34%), Bengaluru (24%) and Delhi (23%) witnessed their strong performances.

New Delhi, July 1 (IANS) Digital India symbolises an empowered country which boosts 'Ease of Living' and transparency, Prime Minister Narendra Modi said on Monday. The Prime Minister lauded the successful completion of nine…

Kabul; Afghanistan exported commercial goods valued at 304 million U.S. dollars from March 20 to June 20, said the country's Ministry of Commerce and Industry. "Afghanistan's exports and imports during the first quarter of the…

New Delhi: Prime Minister Narendra Modi's approach towards digital public infrastructure has been relentless and meticulous, delivering rich dividends for Indian citizens, said G20 Sherpa and former NITI Aayog CEO Amitabh Kant on…

Mumbai; India's foreign exchange reserves rose by $816 million to $653.71 billion in the week ended June 21, according to figures released by the RBI on Friday. The country's forex reserves had contracted by $2.92 billion to…

New Delhi; The Centre has given the finishing touches to four projects under the National Industrial Corridor Development Corporation (NICDC) pertaining to the development of Integrated Manufacturing Clusters (IMCs) in Uttar Pradesh's…

New Delhi: Driven by the government's production-linked incentive (PLI) schemes, robust local manufacturing towards becoming a supply chain hub, and strong GDP growth, India is marching towards becoming a global economic superpower in…

Mumbai: India's external debt to GDP ratio declined to 18.7 per cent at end-March 2024 from 19.0 per cent at end-March 2023, reflecting a strengthening of the country's macroeconomic fundamentals. Although in absolute terms at the…

New Delhi: Union Minister of Coal and Mines, G. Kishan Reddy, on Monday launched the auction of 21 blocks of critical and strategic minerals as part of the fourth tranche. Out of these 21 blocks, 11 are fresh blocks spanning six…