Economy
- Business
Overseas Indians’ faith grows in Indian economy with $1 billion deposits in April
New Delhi: Showing their confidence in the resilient Indian economy despite global macroeconomic conditions, non-resident Indians (NRIs) deposited around $1 billion in the country in April alone. Last year, overseas Indians deposited…
- India
RBI sees India’s economy shifting from 7 to 8 per cent
Mumbai: There is an increasing evidence of a trend upshift taking shape, which is shifting India’s growth trajectory from the 2003-19 average of 7 per cent to the 2021-24 average of 8…
- World
Sri Lanka Prez calls for cross party support for economic transformation bill
Colombo: Sri Lanka’s President Ranil Wickremesinghe on Sunday urged all political parties to support the economic transformation bill in Parliament as an urgent measure to help the crisis-hit island nation sustain its…
- Pakistan
IMF warns of high downside risks for Pakistan’s economy
Islamabad: The International Monetary Fund (IMF) has issued a stark warning about Pakistan’s economic future, highlighting exceptionally high downside risks in its latest report. The report, released ahead of talks between the…
- Top Stories
RBI lists factors powering India to become 3rd largest economy in the world
Mumbai: While India’s recent growth performance has surprised many, triggering a flurry of upgrades from financial institutions such as the IMF, the RBI bulletin released on Tuesday cites six factors that will…
- India
India’s net oil import bill drops 16% but import dependency hits new high
New Delhi: India’s crude oil import dropped 16 percent in the fiscal year ended March 31 as lower international rates but the dependency on overseas suppliers rose to a new high, official…
- World
Sri Lankan economy records 4.5% growth in fourth quarter of 2023: Central Bank
Colombo: After six successive quarters of negative growth, Sri Lanka’s bankrupt economy is estimated to have recorded a growth of 4.5 per cent year-on-year in the fourth quarter of 2023, the Central…
- News
PM Modi’s Kashmir visit: Rs 6,400 cr package to boost agri-economy, tourism in J&K
New Delhi: Prime Minister Narendra Modi will visit Srinagar on Thursday where he will unveil a Rs 6,400 crore package for boosting the agri-economy and tourism sector of Jammu and Kashmir, according…
- Business
‘Increasing women workforce key for India to become $7 trillion economy’
New Delhi: India’s goal to become a $7 trillion economy is only possible when participation of women in the workforce increases by 50 per cent, according to an expert on Monday. While…
- Top Stories
Nightlife, businesses in Hyderabad likely to get push soon
Hyderabad: Nightlife and businesses in Hyderabad are likely to receive a boost as the Telangana government aims to promote the night economy, allowing commercial establishments and eateries to remain open 24×7. According…
- Business
India’s GDP grows at 8.4 pc in Q3; economy to expand at 7.6 pc in FY24: Govt data
New Delhi: India’s economic growth accelerated to 8.4 per cent in the third quarter of 2023-24, mainly due to good performance by the manufacturing, mining & quarrying and construction sectors. The Indian…
- Featured News
Does a legally binding MSP benefit farmers, agriculture, and the economy?
The ‘Delhi Chalo’ protests by farmers revolve around the primary demand for a legally binding Minimum Support Price (MSP) for all 23 major agriculture crops, with the added condition that the MSP…
- Business
DPIs like UPI, Aadhaar to propel India towards $8 trillion economy by 2030
New Delhi: Digital Public Infrastructure (DPIs) like Unified Payments Interface (UPI) and Aadhaar are poised to propel India towards a $8 trillion economy by 2030, helping the country achieve a $1 trillion…
- Business
What Sitharaman’s White Paper says on UPA era’s ‘fragile’ economy: Key highlights
New Delhi: The BJP-led National Democratic Alliance (NDA) government on Thursday presented a White Paper on Indian Economy to draw a comparison between the 10 years of Congress-led UPA regime and 10…
- Business
US companies flashing key sign of economic uncertainty
New York: America’s publicly traded companies are flashing a key sign of economic uncertainty — they’ve been hoarding cash, a media report said. Americans have spent down their pandemic-era savings and then…
