Economy Archives - Page 64 of 223

Economy

March 3, 2025 4:11 PM

Centre grants Navratna status to IRCTC, IRFC

The central government has awarded Navratna status to two public sector companies -- Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) -- according to posts by the Department of Public Enterprises o...

March 3, 2025 2:40 PM

India’s manufacturing sector continues strong growth in February, driven by robust demand

The Indian manufacturing sector maintained its strong start to 2025 in February, according to an HSBC survey published on Monday. Although the pace of expansion softened slightly, the growth rates for output, employment and sales remained comfortably...

March 3, 2025 4:19 PM

Bitcoin jumps 20% after Trump hints at new strategic reserve

Bitcoin surged more than 20% from last week's lows on Monday and several other cryptocurrencies also rallied sharply after U.S. President Donald Trump raised the possibility of a new U.S. strategic reserve that would include a range of tokens. ...

March 3, 2025 10:14 AM

Sensex, Nifty open higher amid strong GDP growth data

The Indian stock market opened on a positive note on Monday, buoyed by encouraging economic indicators, including strong GDP growth and robust GST collections. Early trade saw notable buying interest in the auto and IT sectors, contributing to market...

March 3, 2025 9:42 AM

Technological Revolution of India: Overview of Direct Benefit Transfers

The political economy of India, since its independence, can be understood as a struggle to break free from constraints inherited from centuries of foreign rule while aspiring to rise as a nation of global importance. Immediately afterward, the govern...

March 2, 2025 3:43 PM

India’s growth becoming more balanced as private consumption’s share in GDP rises

India’s growth is becoming more balanced as private consumption’s share in GDP rose in fiscal 2025, according to a Crisil report. The mild revision of 10 basis points (bps) in the second advanced estimate to 6.5 per cent takes the expected real ...

March 1, 2025 12:35 PM

Railway minister says 360 km of Bullet Train project is complete, undersea tunnel work in process

Union Railway Minister Ashwini Vaishnaw inspected the Ahmedabad Railway Station Redevelopment Project on Saturday and announced that 360 km of the Bullet Train project has been completed, with significant progress being made in the Maharashtra sectio...

February 28, 2025 5:03 PM

India’s real GDP grew 6.2% in Q3 2024-25, higher than 5.6% in previous quarter

Indian economy grew by 6.2% in real terms during the October-December quarter of the current financial year 2024-25, according to official data released by the Ministry of Statistics and Programme Implementation on Friday. The October-December growt...

February 28, 2025 4:28 PM

Sensex crashes 1,414 points, Nifty ends at 22,125 amid US trade tariff fears

The Indian stock market witnessed a sharp decline on Friday, as weak global cues and trade tensions weighed heavily on investor sentiment. Both the Sensex and Nifty 50 ended the day with steep losses, reflecting widespread selling pressure across sec...

February 28, 2025 3:36 PM

India needs to grow by 7.8 pc to reach high-income status by 2047, a possible target: World Bank

A new World Bank report on Friday said that India needs to grow by 7.8 per cent on average over the next 22 years to achieve the country’s aspirations of reaching high-income status by 2047 -- a target that is possible to achieve. The new 'India C...

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