Economy Archives - Page 28 of 233

Economy

June 12, 2025 5:26 PM

India’s inflation falls to 2.82% in May 2025, lowest since February 2019

India’s Consumer Price Index (CPI) inflation rate dropped to 2.82% in May 2025, marking the lowest year-on-year rate since February 2019, according to the Ministry of Statistics & Programme Implementation. This provisional figure, measured agai...

June 12, 2025 4:56 PM

India’s digital economy expected to contribute one-fifth of national income by 2029-30

As Prime Minister Narendra Modi marks 11 years in office, India’s digital economy is poised to become a cornerstone of national growth, projected to account for nearly one-fifth of the country’s income by 2029-30. According to the State of India�...

June 12, 2025 3:07 PM

Indian startups, emerging entities attract over $150 billion funding in a decade: Piyush Goyal

There has been a surge in private investments in the last 11 years, with Indian startups and emerging entities attracting significant private funding to the tune of over $150 billion in the past decade, Commerce and Industry Minister Piyush Goyal sai...

June 12, 2025 11:58 AM

India, EU committed to inclusive growth through FTA: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Thursday said that the proposed India-EU Free Trade Agreement (FTA) reflects a shared commitment to deepening economic ties and fostering inclusive growth across regions. Speaking at the India-Swe...

June 12, 2025 10:11 AM

China, Hong Kong stocks retreat as trade optimism fades

China and Hong Kong stocks fell on Thursday, led by declines in the rare-earth and tech sectors, as markets struggled to sustain positive momentum from Sino-U.S. trade talks that provided few concrete details. A deal getting the fragile truce ...

June 12, 2025 9:51 AM

Sensex, Nifty trade flat in early session amid sectoral weakness

Indian benchmark indices opened on a flat note on Thursday as investors remained cautious ahead of key retail inflation data. Early trade witnessed selling pressure in the auto, IT, and PSU Bank sectors. As of 9:28 a.m., the Sensex was trading 69.22...

June 11, 2025 10:36 PM

Centre slashes import duty on crude edible oils to ease prices

In a bid to curb rising edible oil prices, the Central Government has reduced the Basic Customs Duty (BCD) on major crude edible oils—sunflower, soybean, and palm—from 20% to 10%. This policy shift, effective immediately, increases the import dut...

June 11, 2025 8:42 PM

India’s PSUs and PSBs turn into wealth creators in last 11 years

The Prime Minister Narendra Modi-led government has strengthened India’s public sector undertakings (PSUs) in the last 11 years, turning them into wealth creators and making them integral to the nation’s growth, the data-focused X handle infoinda...

June 11, 2025 4:32 PM

Piyush Goyal bolsters economic ties with Switzerland and Sweden, advances TEPA implementation

Union Commerce and Industry Minister Piyush Goyal wrapped up a productive two-day visit to Switzerland on June 9-10, and began official engagements in Sweden on Wednesday, reinforcing India’s strategic economic partnerships with both nations. “T...

June 11, 2025 4:14 PM

Sensex ends in green amid volatility, investors await key macroeconomic data

The Indian stock market ended higher after a volatile session on Wednesday, with the Sensex rising 123.42 points, or 0.15 per cent, to close at 82,515.14. The Nifty also advanced 37.15 points, or 0.15 per cent, to settle at 25,141.40. Despite the ga...

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