Economy Archives - Page 7 of 243

Economy

August 29, 2025 4:09 PM

Sensex, Nifty end lower as tariff concerns weigh on markets; rupee hits record low

Indian equity benchmarks closed in the red on Friday, dragged down by heavyweights led by Reliance Industries, as investors remained cautious over US tariff concerns. The Sensex ended 270.92 points lower at 79,809.65, a fall of 0.34 per cent, after ...

August 29, 2025 3:13 PM

States offering financial assistance lead in 2-wheeler EV adoption: RBI

States that provide financial assistance in the form of subsidies and grants are witnessing stronger adoption of two-wheeler electric vehicles (2W-EVs), according to a study by the Reserve Bank of India (RBI). The report highlighted that supportive ...

August 29, 2025 3:08 PM

Centre names former RBI governor Urjit Patel as IMF Executive Director for 3 years

The government has approved the appointment of former Reserve Bank of India (RBI) governor Dr. Urjit Patel as Executive Director at the International Monetary Fund (IMF) for a three-year term. Patel’s appointment follows the abrupt termination of ...

August 29, 2025 12:55 PM

National Bamboo Mission strengthens green economy, boosts rural livelihoods

India’s restructured National Bamboo Mission (NBM) is emerging as a key driver of the country’s green economy, with over 60,000 hectares of new plantations, 528 processing units, and 130 market hubs established across 24 states and Union Territor...

August 29, 2025 10:42 AM

Nifty, Sensex open with modest gains, experts say a sharp rebound from current levels cannot be ruled out

Indian equities opened with gains on Friday as the benchmark indices rebounded after the heavy selling pressure witnessed a day earlier. The Nifty 50 index was trading with modest gains in the opening session at 24,546.25, up by 45.35 points or 0....

August 28, 2025 5:45 PM

Indian equity indices decline sharply over US tariff concerns

Indian equity indices ended Thursday’s session nearly one per cent lower, as investor sentiment weakened following the implementation of 50 per cent US tariffs on Indian goods. The Sensex closed at 80,080.57, down 705 points or 0.87 per cent. The ...

August 28, 2025 4:50 PM

FM Sitharaman assures exporters of govt support amid US tariff hike

Finance Minister Nirmala Sitharaman on Thursday reassured exporters that the government stands firmly with them as the hike in US tariffs comes into effect, creating uncertainty in the global market. Addressing a delegation of the Federation of Indi...

August 28, 2025 4:46 PM

India launches bold reforms to offset global trade pressures: Finance Ministry

The resilience of India’s external sector has been a key factor in maintaining a stable macroeconomic environment amid a global trade landscape marked by tariff adjustments and rising uncertainty, the Finance Ministry said in its Monthly Economic R...

August 28, 2025 12:39 PM

India’s bioeconomy poised to touch $300 billion by 2030: Jitendra Singh

Union Minister of Science and Technology Dr. Jitendra Singh on Wednesday said that India’s bioeconomy is projected to reach $300 billion by 2030, marking a sharp rise from $10 billion in 2014 and $165.7 billion in 2024. The Minister was speaking a...

August 28, 2025 4:42 PM

PM Modi hails 11 years of Jan Dhan Yojana; 56 crore accounts, ₹2.68 lakh crore deposits

The Pradhan Mantri Jan Dhan Yojana (PMJDY), the world’s largest financial inclusion programme, has completed 11 years, with more than 56 crore bank accounts opened under the scheme and deposits crossing ₹2.68 lakh crore, the finance ministry said...

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