Economy Archives - Page 79 of 311

Economy

August 19, 2025 4:34 PM

India’s GDP growth projected at 6.7% in Q1 FY2026, higher than RBI target of 6.5%: ICRA

India's GDP growth projection is at 6.7 per cent in the first quarter of the current financial year, which is higher than the RBI's estimate of 6.5 per cent, according to rating agency ICRA. The agency noted, however, that GDP expansion has eased fro...

August 19, 2025 1:56 PM

FASTag annual pass crosses 5 lakh users in four days of launch

The FASTag Annual Pass facility has crossed five lakh users within just four days of its launch, the Ministry of Road Transport and Highways announced on Monday. Launched on August 15, the annual pass offers commuters “a seamless and economical tr...

August 19, 2025 1:54 PM

India’s InvIT market poised to surge 3.5 times to $258 billion by 2030: Report

The total Assets Under Management (AUM) of Infrastructure Investment Trusts (InvITs) in India have reached $73 billion in FY 2025, driven by large-scale infrastructure investments. This figure is projected to grow 3.5 times to $257.9 billion by 2030,...

August 19, 2025 12:16 PM

IBC facilitates recovery of ₹3.89 lakh crore from 1,194 resolved firms, boosting ease of doing business: govt

The Insolvency and Bankruptcy Code (IBC) has led to the successful resolution of 1,194 companies, enabling creditors to recover a total of ₹3.89 lakh crore, Minister of State for Corporate Affairs Harsh Malhotra informed the Lok Sabha on Monday. A...

August 19, 2025 10:21 AM

OpenAI rolls out cheapest ChatGPT plan at $4.6 in India to chase growth

ChatGPT maker OpenAI on Tuesday launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees ($4.57) per month, its most affordable offering yet, as the company looks to deepen its presence in its second-largest market. Global compan...

August 19, 2025 10:10 AM

Nifty, Sensex open flat as investors track Ukraine peace talks; oil, metal and media shares gain

Indian stock markets opened on a cautious note on Tuesday, with both benchmark indices trading flat in the early session. Investors stayed watchful amid the ongoing Ukraine peace process and awaited global cues. The Nifty 50 index opened at 24,891...

August 18, 2025 4:59 PM

GST reform buzz lifts markets: Sensex jumps 676 points, Nifty crosses 24,800

Indian equity markets closed on a strong note on Monday, lifted by heavy buying in auto, banking and consumer durable stocks, as investor sentiment turned positive on the back of upcoming Goods and Services Tax (GST) reforms. The Sensex ended at 81,...

August 18, 2025 12:16 PM

Among all sectors, logistics emerges as India’s growth engine

Different sectors, including the service, manufacturing, and agriculture sectors, led India’s strong recovery after the pandemic in 2021 and 2022, resulting in 15.3% growth over the past two years. India, which stands as the fourth-largest economy...

August 18, 2025 10:10 AM

Nifty, Sensex rally in opening trade on GST cuts and S&P sovereign rating upgrade for India

Indian stock markets opened with a strong rally on Monday as investor sentiment improved following the government's announcement of GST cuts and the sovereign rating upgrade for India by S&P Global. The benchmark Nifty 50 index opened at 24,93...

August 18, 2025 9:12 AM

Global shares scale fresh tops in Asia, oil slips on truce talks

Share markets edged higher in Asia on Monday ahead of what is likely to be an eventful week for U.S. interest rate policy, while oil prices slipped as risks to Russian supplies seemed to fade a little. A general risk-on mood saw indices in Japan and...

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