Lucknow, July 19 (IANS) Bahujan Samaj Party (BSP) chief Mayawati has appealed to both the ruling and opposition alliances to rise above politics and engage in a serious debate on issues affecting the common people, including inflation, unemployment, women’s safety, paper leaks, and donation theft at the Ram Temple.In a post on X on Sunday, Mayawati said that with the Monsoon Session of Parliament beginning on July 20, the nation once again faces an important question — whether Parliament will b…
Latest Indian economy News & Updates
Washington, July 9 (IANS) India’s push to establish itself as a global manufacturing hub is beginning to pay off as international supply chains diversify, with the International Monetary Fund (IMF) saying on Thursday that it is already seeing tangible evidence of the shift, particularly in electronics manufacturing, while urging New Delhi to sustain structural reforms to maintain the momentum. Responding to questions at the IMF’s regular press briefing, Julie Kozack, Director of the IMF’s Commun…
Hyderabad, July 9 (IANS) Telangana Chief Minister A. Revanth Reddy said on Thursday that his government has initiated a slew of measures to ensure pollution-free development in Hyderabad.As part of these measures, a 2,100-square-km area (CURE) within the Outer Ring Road (ORR) has been designed exclusively for the service sector, and all industries located within ORR will be shifted outside it, the CM said at the inauguration of India’s next-gen solar module manufacturing facility in Rangareddy d…
New Delhi, July 3 (IANS) Consumer goods and healthcare services are sectors with a positive outlook, with consumer goods sector expected to witness a revenue growth of 17.3 per cent CAGR in the 2025-2030 period, a report said on Friday.The report from Brickwork Ratings said the strong revenue growth of the consumer goods sector is driven by credit growth, GST cuts, unlocking of demand from Tier-II/Tier III cities, and premiumisation.Meanwhile, tailwinds for the healthcare services sector include…
New Delhi, June 22 (IANS) Apex industry body ASSOCHAM on Monday welcomed the agreement reached between the US and Iran in Switzerland to ensure safe commercial shipping through the Strait of Hormuz, saying the development is expected to ease global crude oil prices and deliver significant benefits to the Indian economy.The chamber said the breakthrough — which comes amid heightened geopolitical tensions in the region — could help restore stability to global energy markets and reduce risks asso…
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…
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…