Economy Archives - Page 20 of 216

Economy

May 22, 2025 9:02 PM

Fitch Ratings ups India’s growth potential to 6.4 pc over next 5 years

Global rating agency Fitch Ratings on Thursday raised India's GDP growth potential by 0.2 percentage points to 6.4 per cent over the next five years, on the back of a sharper rise in the country’s labour force participation rate in recent years. F...

May 23, 2025 4:20 PM

PM Modi to inaugurate rising North East Investors Summit on Friday

Prime Minister Narendra Modi will inaugurate the Rising North East Investors Summit on Friday at 10:30 AM at Bharat Mandapam, New Delhi. The two-day event, being held from May 23 to 24, aims to spotlight the North East Region (NER) as a dynamic inves...

May 22, 2025 4:44 PM

Indian stock markets end lower due to weak global cues

Indian stock markets ended in the red on Thursday, weighed down by weak global cues, particularly from Asian markets, which dampened investor sentiment across sectors. The benchmark BSE Sensex dropped 644.64 points or 0.79 per cent to settle at 80,9...

May 22, 2025 5:06 PM

India increasingly positioned to function as a ‘connector country’: RBI

In the midst of global trade realignments and industrial policy shifts, India is increasingly positioned to function as a "connector country" that can become a key intermediary in sectors such as technology, digital services, and pharmaceuticals, acc...

May 22, 2025 10:47 AM

Markets open lower; IT, auto stocks drag Sensex, Nifty

The Indian stock market opened on a weaker note on Thursday, tracking negative global cues, with selling pressure observed in IT and auto sectors during early trade. At around 9:26 AM, the BSE Sensex was down 726.42 points or 0.89%, trading at 80,87...

May 22, 2025 10:25 AM

Indian economy shows resilience despite weak global growth: RBI

The global growth continues to face headwinds with persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment weighing on the outlook. Despite this, the Indian economy is exhibiting resilience even after high trade and tar...

May 21, 2025 3:38 PM

EPFO adds 14.58 lakh net members in March 2025

The Employees' Provident Fund Organization (EPFO) has released its provisional payroll data for March 2025, reporting a net addition of 14.58 lakh members. This marks a year-on-year increase of 1.15% compared to March 2024, highlighting a steady rise...

May 21, 2025 1:59 PM

India’s strong domestic market cushions economy against global trade shocks: Report

India is in a stronger position than other countries to withstand global trade disruptions, in the wake of the US tariff turmoil, due to the large size of its domestic market and the country’s low dependence on goods exports, according to a Moody�...

May 21, 2025 11:55 AM

PLI scheme for food processing sector creates 2.5 lakh jobs, benefits nine lakh farmers

The Centre’s production linked incentive (PLI) scheme for the food processing sector has succeeded in attracting investments to the tune of Rs 7,000 crore and creating over 2.5 lakh jobs so far, according to a senior official of the Union Ministry ...

May 21, 2025 11:02 AM

India’s GDP growth in Q4 FY25 to remain robust around 6.4-6.5 pc: SBI report

Despite weathering effects precipitated by global upheavals, Indian economy stays largely resilient and is projected to clock a GDP growth around 6.4-6.5 per cent in Q4 FY25, an SBI report said on Wednesday. To estimate GDP statistically, the State ...

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