New Delhi, Jan 7 (IANS) Prime Minister Narendra Modi on Wednesday said that India’s “Reform Express” continues to gain momentum, as official figures showed that real GDP has been estimated to grow by 7.4 per cent in FY 2025-26 against the growth rate of 6.5 per cent during FY 2024-25.According to the National Statistics Office (NSO), nominal GDP is estimated to grow at 8.0 per cent in FY2025-26.In an X post, PM Modi said: “This is powered by the NDA Government’s comprehensive investment push a…
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New Delhi, Jan 7 (IANS) India’s real GDP growth rate has been projected at 7.4 per cent in FY 2025-26, up from 6.5 per cent during FY 2024-25, according to the advanced estimates released by the Ministry of Statistics on Wednesday.The buoyant growth in the services sector has been found to be a major driver with a robust growth of 9.9 per cent at constant prices in FY 2025-26 for financial services, real estate, professional services, and public administration.Trade, hotels, transport, and com…
Mumbai, Jan 6 (IANS) Lodha Developers’ collections fell to Rs 3,560 crore in the third quarter (Q3 FY26), down from the year-ago period, the real estate firm said on Tuesday.The decline came despite a robust performance in pre-sales, which rose 25 per cent year-on-year (YoY) to Rs 5,620 crore, compared with Rs 4,510 crore in the same quarter last financial year, according to the company’s latest business update.The company said the drop in collections was largely due to one-off inflows recor…
Chennai, Jan 1 (IANS) The Tamil Nadu Water Resources Department has decided not to open any new river sand quarry until the conclusion of the upcoming Assembly elections, officials have confirmed. The decision comes amid administrative hurdles, political considerations, and ongoing investigations related to sand mining operations in the State. Twelve river sand quarries had been functioning under the control of the Water Resources Department. These quarries supplied sand to designated yards thro…
New Delhi, Dec 22 (IANS) Commerce and Industry Minister Piyush Goyal said on Monday that the India and New Zealand free trade agreement (FTA) will ensure zero duty on 100 per cent of India’s exports, benefitting farmers, MSMEs, workers, artisans, women-led enterprises and youth, while providing immense opportunities for labour-intensive sectors such as textiles, apparel, leather and footwear.Sectors like engineering and manufacturing, automobiles, electronics, machinery, plastics, pharmaceutic…