Mumbai, March 5 (IANS) Maharashtra’s public debt is set to climb to a staggering Rs 9.32 lakh crore in 2025-26, even as the state projects a strong 7.9 per cent economic growth that edges past the national forecast, according to the pre-budget Economic Survey presented in the Maharashtra Assembly on Thursday.Minister of State for Finance, Ashish Jaiswal, tabled the document, which paints a picture of robust expansion fueled by impressive GST inflows and buoyant market sentiment, while underscori…
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Mumbai, March 5 (IANS) Maharashtra continues to hold the fifth position in the country regarding per capita income. Notably, Gujarat has maintained its lead over Maharashtra.According to the Economic Survey for 2025-26, the revised figures for 2024-25 state that Maharashtra’s per capita state income stands at Rs 3,17,801. For the current financial year 2025-26, the per capita income is projected to reach Rs 3,47,903. This is a preliminary estimate, and the final figures will be confirmed in the …
Mumbai, March 5 (IANS) Maharashtra’s economy is set to grow at 7.9 per cent in 2025-26 against the India’s growth rate of 7.6 per cent especially due to a record collection of Goods and Services Tax and favourable market conditions. Maharashtra continues to be the growth engine of the country. The nominal Gross State Domestic Product (GSDP) at current prices is expected to grow by 10.4 per cent. According to the Economic Survey for 2025-26 presented by the Minister of State for Finance Ashish …
New Delhi, Feb 24 (IANS) India’s GDP growth in the third quarter of FY26 is likely to come at 8-8.1 per cent, an SBI Research report said on Tuesday, adding that the domestic economy has maintained strong growth momentum despite global headwinds.High-frequency activity data indicates resilient economic activity in Q3 FY26 (October-December 2025). “Rural consumption remains strong, driven by positive signals from farm and non-farm activity. Supported by fiscal stimulus, urban consumption show…
New Delhi, Feb 23 (IANS) Chhattisgarh is expected to sustain robust economic growth in the financial year 2025–26 with state’s Gross State Domestic Product (GSDP) at current prices projected to rise from Rs 5.65 lakh crore in 2024–25 to around Rs 6.31 lakh crore in 2025–26, as per the Economic Survey Report presented in the state Assembly on Monday. “With an estimated growth rate of 11.57 per cent, the state is set to outperform the national average and maintain strong economic momentum,” …
Ranchi, Feb 21 (IANS) Jharkhand’s per capita income has crossed the Rs 1 lakh mark for the first time, according to the Economic Survey 2025-26 tabled in the Assembly on Saturday.Presenting the pre-Budget Economic Survey in the House, Finance Minister Radha Krishna Kishore said the state’s economy has witnessed sustained growth over the past decade, alongside a significant decline in poverty.As per the report, per capita income at current prices has risen from around Rs 60,000 in 2016-17 to …
Mumbai, Feb 20 (IANS) India’s foreign exchange reserves increased by $8.663 billion to an all-time high of $725.727 billion in the week ended February 13, according to data released by the Reserve Bank of India (RBI) on Friday.Foreign exchange reserves had declined by $6.711 billion in the previous week due to a fall in gold prices.According to RBI data, the value of gold reserves, a key component of foreign exchange reserves, increased by $4.990 billion to $128.466 billion in the week ended Feb…
Bhubaneswar, Feb 19 (IANS) The state government on Thursday released the Economic Survey 2025-26, showcasing strong growth, rising per capita income, and significant strides in agriculture, industry, services and social development.According to the annual economic survey, the per capita income in the state has risen by 9.2 per cent to Rs 1,86,761, reflecting faster convergence of per capita income with the national level.“The Per Capita Income of Odisha has increased by 9.2 per cent to reach R…
Bhopal, Feb 17 (IANS) The Madhya Pradesh government tabled the Economic Survey for 2025-26 in the state Assembly on Tuesday, presenting advance estimates that highlight strong economic performance and sectoral progress in the state. Reacting on the robust growth across several sectors in Madhya Pradesh, Chief Minister Mohan Yadav said that with financial discipline, transparent governance, and visionary leadership of Prime Minister Narendra Modi, the economy of the state has strengthened signifi…
Bhopal, Feb 17 (IANS) The Madhya Pradesh Legislative Assembly session saw spirited exchanges on Tuesday as opposition Congress MLA Atif Arif Aqueel passionately advocated for declaring the cow as the national animal, reigniting discussions on cultural reverence and policy implementation.During the proceedings, Aqueel emphasised the sacred status of the cow in Hinduism, describing it as a “mother” figure worthy of utmost respect.He urged the House to push for “national” recognition of the cow as …