Economy

India’s GDP has doubled to USD 4.2 trn over last ten years: IMFIndia’s GDP has doubled to USD 4.2 trn over last ten years: IMF

India’s GDP has doubled to USD 4.2 trn over last ten years: IMF

India's Gross Domestic Product (GDP) has doubled in size over last ten years, according to the latest data released by…

5 days ago
Defence production hit Rs 1.27 lakh crore in FY 2023-24, exports cross Rs 21,000 croreDefence production hit Rs 1.27 lakh crore in FY 2023-24, exports cross Rs 21,000 crore

Defence production hit Rs 1.27 lakh crore in FY 2023-24, exports cross Rs 21,000 crore

India's defence production has reached a record Rs 1.27 lakh crore in FY 2023-24, the Ministry of Defence said in…

6 days ago
India poised to become major driver for global trade, ranks third after US and China: ReportIndia poised to become major driver for global trade, ranks third after US and China: Report

India poised to become major driver for global trade, ranks third after US and China: Report

India is set to become a major driver of global trade growth over the next five years, ranking third in…

1 week ago
PLI Scheme for telecom and networking products generates over Rs 14,000 crore in export salesPLI Scheme for telecom and networking products generates over Rs 14,000 crore in export sales

PLI Scheme for telecom and networking products generates over Rs 14,000 crore in export sales

The Production Linked Incentive (PLI) scheme for telecom and networking has generated export sales exceeding Rs 14,000 crore, driving significant…

1 week ago
Ashwini Vaishnaw acknowledges states’ role in making electronics India’s second-largest exportAshwini Vaishnaw acknowledges states’ role in making electronics India’s second-largest export

Ashwini Vaishnaw acknowledges states’ role in making electronics India’s second-largest export

Union Minister Ashwini Vaishnaw on Saturday thanked the states for success of the electronic industry, adding that it has become…

2 weeks ago
India’s Index of industrial production records growth of 5.0 pc in JanuaryIndia’s Index of industrial production records growth of 5.0 pc in January

India’s Index of industrial production records growth of 5.0 pc in January

India's Index of Industrial Production (IIP), a measure of industrial output, recorded a growth of 5.0 per cent compared to…

3 weeks ago
30,161 taxpayers declare foreign assets worth more than Rs 29,000 crore in CBDT’s ‘nudging campaign’30,161 taxpayers declare foreign assets worth more than Rs 29,000 crore in CBDT’s ‘nudging campaign’

30,161 taxpayers declare foreign assets worth more than Rs 29,000 crore in CBDT’s ‘nudging campaign’

By Shailesh Yadav The Central Board of Direct Taxes (CBDT) "nudging campaign" has yielded significant results with 30,161 taxpayers declaring…

4 weeks ago
PM Modi assures consistency in policies along with reforms to boost inclusive growthPM Modi assures consistency in policies along with reforms to boost inclusive growth

PM Modi assures consistency in policies along with reforms to boost inclusive growth

Prime Minister Narendra Modi said that MSMEs play a transformative role in the economic growth of India. Government is committed…

4 weeks ago
India’s real GDP grew 6.2% in Q3 2024-25, higher than 5.6% in previous quarterIndia’s real GDP grew 6.2% in Q3 2024-25, higher than 5.6% in previous quarter

India’s real GDP grew 6.2% in Q3 2024-25, higher than 5.6% in previous quarter

The Indian economy grew by 6.2 per cent in real terms in the October-December quarter of the current financial year…

1 month ago
India must grow 7.8% annually to achieve developed nation status by 2047: World BankIndia must grow 7.8% annually to achieve developed nation status by 2047: World Bank

India must grow 7.8% annually to achieve developed nation status by 2047: World Bank

The World Bank on Friday said India will need to grow by 7.8 per cent on average over the next…

1 month ago