New Delhi, June 10 (IANS) With Prime Minister Narendra Modi surpassing Jawaharlal Nehru as India’s longest serving elected Prime Minister – 4,398 days (between 1952-1964) to 4,399 days, SC Jamir, a political veteran from Nehru’s era, has drawn out a rare yet unique distinction between the two leaders. “Panditji was a philosopher. Modi ji is a practical man. That’s the difference,” SC Jamir said, pointing to the sharp differences in the demeanour and governance approach of the two Prime Min…
Latest Indian economy News & Updates
New Delhi, June 6 (IANS) April and May high‑frequency indicators showed above‑average acceleration in growth and, if the trend continues in June, FY27 growth could surpass the Reserve Bank of India’s estimate of 6.6 per cent, a report said on Saturday.The report from SBI Research said, “Despite external headwinds, the Indian economy is poised to remain the fastest‑growing major economy in FY27 by leveraging its sound macroeconomic fundamentals and robust financial sector.”Further, “defla…
Vijayawada, June 4 (IANS) Andhra Pradesh Congress Committee President, Y.S. Sharmila Reddy, claimed on Thursday that the NDA government at the Centre inherited a strong economy, robust institutions, and immense public trust but, in just over a decade, it has weakened all three.She strongly endorsed the concerns raised by Leader of Opposition (LoP) in Lok Sabha, Rahul Gandhi, regarding the alleged weakening of India’s economic foundations and democratic institutions under the BJP-led NDA governme…
New Delhi, June 3 (IANS) The engineering exports promotion body, EEPC India, on Wednesday proposed to the government a separate rating system for micro, small and medium enterprises to reflect their size and operational nature.The separate rating procedure would give due recognition to Indian MSMEs, enable them to access funds at reasonable rates, and improve their competitiveness in the global market.EEPC India noted that many MSMEs struggle to secure investment‑grade or higher ratings from e…
New Delhi, May 31 (IANS) As the Prime Minister Street Vendor’s Atma Nirbhar Nidhi (PM SVANidhi) completes six years of providing loans and propping up crores of street vendors, hit by the Covid-19 pandemic, on June 1, 2026 (Monday), a lookback at the scheme shows its contribution in handholding the sector and bringing back to life, which once precariously hanged in despair and uncertainty. The scheme was launched by Prime Minister Narendra Modi on June 01, 2020, with the aim of facilitating co…
New Delhi, May 26 (IANS) Bharatiya Janata Party (BJP) leader Amit Malviya on Tuesday slammed Congress MP Jairam Ramesh for putting forward “alarmist and misleading” arguments to criticise the economic policy of the government. Ramesh, who is also the Congress party’s communications chief, stated on X that Finance Minister Nirmala Sitharaman was focusing on the “3Fs”, fuel, fertilisers, and forex, but was overlooking the “all-important fourth F: falling rates of private investment tha…
New Delhi, May 16 (IANS) The Ministry of Statistics & Programme Implementation (MoSPI) is developing a framework to measure the contribution of knowledge and knowledge products to the Indian economy, an official statement said on Saturday.The framework is needed due to rapid technological change and complex skill demands that make such an assessment essential, the statement from the MoSPI said.The exercise addresses the growing centrality of knowledge in economic activity and will help formu…
Satara, May 15 (IANS) Union Minister of Agriculture and Rural Development Shivraj Singh Chouhan on Friday announced the release of the Centre’s share of Rs 8,368.50 crore for Maharashtra under the Pradhan Mantri Awas Yojana-Gramin for the financial year 2026-27 at a function where he inaugurated the Griha Pravesh ceremony of 5 lakh completed rural houses in the state. In his address, the Union Minister said, “Maharashtra has done remarkable work in the implementation of the Pradhan Mantri Aw…
New Delhi, May 15 (IANS) The marginal Rs 3 per litre hike in petrol and diesel prices announced by the government is a mere drop in the bucket compared to the huge losses that the public sector oil companies are absorbing due to soaring global prices of crude oil, which have crossed $100 a barrel, a senior official said on Friday.The small increase reflects the Centre’s broader strategy of protecting consumers from the full impact of the global oil shock, the official said.Sources said petrol un…
New Delhi, May 13 (IANS) Prime Minister Narendra Modi has been referred to as the world’s most popular politician and the Prime Ministers of Nordic countries have a lot to learn from him, according to an article in Norway’s leading financial newspaper Dagens Næringsliv (DN). On May 18, Prime Minister Modi will visit Norway.India’s Prime Minister Modi will be received by King Harald, promote Indian business, meet with the Indian diaspora and attend an India-Nordic Prime Ministers’ meeting.”The N…