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India’s Growth Outlook Dimmed as Moody’s Revises GDP Forecast

Moody’s Analytics has revised its forecast for India’s GDP growth in the calendar year 2025, lowering it to 6.1% from an earlier estimate of 6.4%. This adjustment comes amidst...

Economy Afzaal Kamaal -

India gets a 90-day breather; even as Trump hikes China tariffs to 125%

In a significant move, US President Donald Trump announced on a 90 day 'pause'...

Economy Ayush Garg -

Russian oil prices crash to $52 following Trump’s global tariff shock

Russia is in unprecedented economic situation as global crude prices fall sharply following Trump's...

Economy Ayush Garg -

Black Monday bloodbath: Markets crash worldwide

Uncertainty is looming large across global financial systems, with a global stock market crash...

Economy Ayush Garg -

Trump imposes 26% ‘discounted reciprocal tariff’ on India, amidst global trade wars

US President Donald Trump announced a 26 per cent “discounted reciprocal tariff” on India,...

Economy Ayush Garg -

Latest

India’s Growth Outlook Dimmed as Moody’s Revises GDP Forecast

Moody’s Analytics has revised its forecast for India’s GDP growth in the calendar year 2025, lowering it to 6.1% from an earlier estimate of...

India gets a 90-day breather; even as Trump hikes China tariffs to 125%

In a significant move, US President Donald Trump announced on a 90 day 'pause' on higher reciprocal tariffs for all countries except for China,...

Russian oil prices crash to $52 following Trump’s global tariff shock

Russia is in unprecedented economic situation as global crude prices fall sharply following Trump's global tariff shock and the OPEC's decision to increase oil...

Black Monday bloodbath: Markets crash worldwide

Uncertainty is looming large across global financial systems, with a global stock market crash unfolding across several different exchanges worldwide. In what is being...

Trump imposes 26% ‘discounted reciprocal tariff’ on India, amidst global trade wars

US President Donald Trump announced a 26 per cent “discounted reciprocal tariff” on India, half of the claimed 52 per cent levies imposed by...

FM Nirmala Sitharaman to Launch ‘NITI NCAER States Economic Forum’ Portal on April 1

Union Finance Minister Nirmala Sitharaman will launch the NITI NCAER States Economic Forum portal on April 1, 2025. The digital platform, developed by NITI...

Adani Energy Solutions Takes Over ₹1,996 Crore Mahan Transmission Project from RECPDCL

REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited under the Ministry of Power, has officially handed over the Mahan Transmission...

India’s Business Growth Slows in March as Service Activity Weakens

India’s private sector growth took a slight hit in March 2025 as the HSBC Flash India Composite Purchasing Managers' Index (PMI) fell to 58.6 from 58.8 in February. This drop...

North India’s first nuclear plant to come up in Haryana, Jaitapur project moves ahead amid environmental concerns

New Delhi: India’s nuclear energy expansion is gaining momentum with two major projects—the first-ever nuclear power plant in North India, coming up in Gorakhpur,...

India’s Wholesale Inflation Rises to 2.38% in February 2025

India's wholesale price inflation (WPI) climbed to 2.38% in February 2025, slightly up from 2.31% in January, according to official data. The increase was primarily driven...

REC Signs ₹18,360 Cr MoU with Kerala Government for Pump Storage Projects

REC Limited, a Maharatna company under the Ministry of Power, has signed a Memorandum of Understanding (MoU) with the Energy Management Centre (EMC), Government...

India’s Retail Inflation Drops to 3.61% in February 2025, Hits 7-Month Low

India’s retail inflation, measured by the Consumer Price Index (CPI), fell to 3.61% in February 2025, marking a seven-month low. This decline, which beat...

REC Limited Signs MoU with Govt. of Madhya Pradesh to Support Power Sector with Rs 21,000 Crore Commitment

REC Limited, a Maharatna CPSE under the Ministry of Power, has signed a Memorandum of Understanding (MoU)with the Government of Madhya Pradesh at the Global Investors Summit 2025 in Bhopal. The agreement...

India Plans to Reduce States’ Tax Share from 2026

The Indian government is considering reducing the share of federal tax revenue given to states from 41% to 40% starting in 2026. This proposal...

India Resumes Trade Talks with UK and EU Amid US Tariff Concerns

India is actively restarting trade negotiations with the United Kingdom and the European Union to finalize long-pending free trade agreements (FTAs). These talks aim...

India’s Exports Shrink While Imports Rise—What It Means for the Economy

India’s merchandise exports fell 2.38% to $36.43 billion in January 2025, reflecting a slowdown in global demand. Meanwhile, imports surged by 10.28% to $59.42 billion, leading to a wider trade deficit...

India’s New Income Tax Bill 2025 to Be Introduced Tomorrow: Key Changes

The Indian government is set to introduce the New Income Tax Bill 2025 in Parliament on February 13. This bill aims to replace the Income Tax Act...

India’s Retail Inflation Drops to a Five-Month Low in January 2025

India’s retail inflation eased to 4.31% in January 2025, marking its lowest level in five months. This is a significant drop from 5.22% recorded...

REC signs ₹2,147 crore loan agreement with CVPPL for 1,000 MW Pakal Dul hydroelectric project

Jammu: REC Limited, a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power, has signed a term loan agreement with Chenab Valley...

RBI Cuts Repo Rate for the First Time in Five Years

The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points, bringing it down to 6.25%. This is the first rate...

REC Q3 net profit rises 23% to ₹4,029 crore, declares ₹4.30 interim dividend

New Delhi: REC Limited on Thursday reported a 23 per cent year-on-year (YoY) increase in its standalone net profit to ₹4,029 crore for the...

Budget 2025-26: Fiscal deficit at 4.4%, no tax on income up to ₹12 lakh, capex at ₹11.21 lakh crore

New Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 in Parliament, estimating total receipts, excluding borrowings, at ₹34.96 lakh crore and...

India’s GDP to grow at 6.4% in FY25, inflation eases: Economic Survey

New Delhi: Union Finance Minister Nirmala Sitharaman presented the Economic Survey 2024-25 in Parliament, projecting India’s real GDP growth at 6.4% for FY25, aligning...

UN projects Indian economy will grow at 6.6% in 2025, driven by Govt Capex and agriculture growth

New Delhi: India’s economy is set to grow by 6.6% in 2025, according to the World Economic Situation and Prospects (WESP) 2025 report released...

Sacred Innovation: How Technology is Managing the Maha Kumbh Mela 2025

The Maha Kumbh Mela is the world’s largest spiritual gathering, held every 12 years at the confluence of the Ganges, Yamuna, and the mythical...

India’s Economy in 2025: Between Hope and Hurdles

The economic forecast for India in 2025 carries an air of intrigue, akin to a thriller with unpredictable twists. This multifaceted narrative intertwines opportunities...

PM Modi, Spain’s Sanchez launch India’s first private military aircraft plant

Indian Prime Minister Narendra Modi and the President of Spain Pedro Sanchez jointly inaugurated India’s first private military aircraft plant today, which will produce...

SEMICON India 2024: PM Modi announces ₹1.5 trillion investments in semiconductor push

India has attracted over ₹1.5 trillion in investments for its semiconductor sector, Prime Minister Narendra Modi announced at the inauguration of SEMICON India 2024...

UN takes bold step towards global tax convention to tackle cross-border tax evasion

In a significant development on the global stage, the United Nations has initiated the process of establishing the first-ever global tax convention, aimed at...

From UPI to ULI: India’s new revolutionary FinTech tool is here

Unified Lending Interface (ULI) is the next big Indian FinTech marvel about to take the country by storm. The Reserve Bank of India (RBI)...

Hindenburg vs. Adani: How the saga unfolded and involved SEBI

Adani Group's shares found themselves back in the spotlight as US-based short-seller Hindenburg Research levied a fresh set of allegations, this time targeting the...

India Bangladesh trade at risk amid instability in Dhaka

The unprecedented civil political instability in Bangladesh has hampered the longstanding trade relationship between India and Bangladesh, creating new challenges for both New Delhi...

Union Budget 2024-25 focuses on skilling, employment, and green energy

Amidst a backdrop of global economic instability and pervasive policy uncertainties, India continues to chart a course of robust economic growth, with Finance Minister...

Economic Survey 2023-24: Every 1 in 2 Indian Graduates Unfit for Employment

Economic Survey 2024 has layed bare India's Skill Gap Crisis. With Sixty five per cent of country's fast-growing population under 35, the Survey estimates...

India-Russia Summit paves way for enhanced economic ties, eyes $100 billion trade by 2030

In a significant development during the 22nd Annual Bilateral Summit held in Moscow on July 8-9, 2024, Prime Minister Narendra Modi and Russian President...

Fiscal consolidation on track: India’s deficit at Rs 50,615 crore in April-May

New Delhi: India's fiscal deficit for the first two months of the financial year 2025 (April-May) was recorded at Rs 50,615 crore, approximately 3...

GDP growth for 2024-25 projected to surpass 7%, may hit 7.5%: Report

New Delhi: India's Gross Domestic Product (GDP) growth for 2024-25 (FY25) is projected to exceed 7 per cent, potentially reaching up to 7.5 per...

India poised to become 4th largest economy, raising concerns in Japan

Much apprehension is growing in Tokyo as India is poised to surpass the Japanese economy to become the 4th largest in the world. Once...

CEA : Indian economy likely grew at 8% in 2023-24

India's Chief Economic Adviser V. Anantha Nageswaran has said that the Indian economy is likely to have grown at a robust 8 per cent...

IMF boosts India’s economic growth forecast, cites strong domestic demand

The International Monetary Fund (IMF) has raised its forecast for India’s economic growth in the fiscal year 2024-25 to 6.8%, an increase of 30...

SWIFT planning launch of new central bank digital currency platform

Global bank messaging network SWIFT is planning a new platform in the next one to two years to connect the wave of central bank...

Red Sea crisis impacts India’s trade and the global economy

Since November 2023, Yemen-based Houthi militia have targeted cargo ships in the Red Sea, claiming solidarity with Palestinians in Gaza. As tensions rise, 95% of...

Beyond the Maldives: Stunning Indian islands you can visit in India

If you are planning a vacation, think beyond international destinations for a change, as there are many places in India that will surprise you...

India on track to become $10 trillion economy, set for 3rd largest slot: WEF President

India is on track to become a $10 trillion economy in coming years and grab the third-largest slot soon, World Economic Forum President Borge...

Vibrant Gujarat Summit: India’s Richest pledge billions in investment

Top industrialists, including Reliance Industries Ltd Chairman Mukesh Ambani, Adani Group founder Gautam Adani and Suzuki Motor Corp. President Toshihiro Suzuki, unveiled investment plans...

The GST story – Many Hits, Few Misses

The introduction of the Goods and Services Tax (GST) in India on July 1, 2017, marked a significant milestone in the country’s economic history....

India needs $10.1 trillion for Net Zero Goal

G20 Sherpa and former NITI Aayog chief executive Amitabh Kant said that India requires a colossal investment of $10.1 trillion to achieve its net-zero...

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