Economy Archives - Page 7 of 227

Economy

July 23, 2025 4:50 PM

Govt clears six semiconductor projects worth ₹1.55 lakh crore, over 27,000 jobs on cards

The Centre has so far approved six semiconductor manufacturing projects, entailing a cumulative investment of around ₹1.55 lakh crore. These are expected to generate over 27,000 direct jobs, the Parliament was informed on Wednesday. Minister of St...

July 23, 2025 4:29 PM

ADB projects India’s GDP to grow at 6.5% in 2025, 6.7% in 2026 amid strong domestic demand

The Asian Development Bank (ADB) on Wednesday projected that India’s GDP will grow at 6.5% in 2025 and a robust 6.7% in 2026, driven by strong domestic demand, a normal monsoon, and monetary easing. Inflation in India is expected to stay well with...

July 23, 2025 3:23 PM

India to be third-largest economy by 2028: Morgan Stanley

India is expected to become the world’s third-largest economy by 2028 and more than double its GDP to $10.6 trillion by 2035, according to a Morgan Stanley report released on Wednesday. The report estimates that three to five Indian states — inc...

July 23, 2025 11:55 PM

PM Modi’s fourth UK visit to spotlight $53.75 billion bilateral trade and FTA gains

Prime Minister Narendra Modi embarked on a two-nation visit on Wednesday, beginning with an official tour to the United Kingdom at the invitation of UK Prime Minister Keir Starmer from July 23-24. This marks PM Modi’s fourth visit to the UK, reflec...

July 22, 2025 3:41 PM

India expected to clock 6.6 pc growth in FY26 despite uncertain global outlook

India is expected to expand close to its trend growth in FY26, supported by better consumption demand on recent monetary easing, income tax reductions, good monsoon rains, and the prospect of continued lower oil prices, according to a report on Tuesd...

July 22, 2025 10:20 AM

Sensex, Nifty open higher as banking stocks continue to gain

The Indian stock market opened in the green on Tuesday as heavyweight banking stocks continued to lead amid mixed global cues. At 9.23 am, Sensex was up 152 points or 0.19 per cent at 82,359 and Nifty was up 38 points or 0.15 per cent at 25,129. Ba...

July 21, 2025 5:13 PM

EPFO sees record addition of 20.06 lakh net members in May

The Employees’ Provident Fund Organisation (EPFO) reported its highest-ever net member addition in a single month, with 20.06 lakh new members joining in May 2025 — the best growth since tracking began in April 2018. This figure represents a 4.8 ...

July 21, 2025 4:30 PM

Indian stock market rebounds sharply amid buying in banking heavyweights

Snapping the losing streak, the Indian stock market closed in the positive territory on Monday, following value buying in banking heavyweights, as Sensex gained over 442 points. Sensex settled at 82,200.34, up 442.61 points or 0.54 per cent. The 30-...

July 21, 2025 12:45 PM

India’s GDP to grow at 6.5% in FY26; inflation expected to average 4%: Crisil

India’s gross domestic product (GDP) is projected to grow at 6.5% in the current fiscal year (FY26), driven by improving domestic consumption and other positive indicators, according to a report released by Crisil on Monday. The Crisil Intelligenc...

July 21, 2025 10:43 AM

Sensex, Nifty open flat amid India-US trade deal uncertainty

India’s benchmark indices opened on a cautious note Monday, as uncertainty surrounding the India-US trade deal weighed on investor sentiment and capped early gains. The Nifty rose 30.60 points, or 0.12 per cent, to open at 24,999, while the Sensex...

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