Economy Archives - Page 8 of 243

Economy

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...

August 28, 2025 11:36 AM

Sensex, Nifty fall as U.S. tariffs weigh on investor sentiment

India’s benchmark indices opened in the red on Thursday, a day after the U.S. imposed 50 percent tariffs on Indian imports, weighing on market sentiment. At 9:50 am, the Nifty was down 0.63 percent at 24,557.10, while the Sensex slipped 0.65 perce...

August 27, 2025 8:24 PM

India set to become world’s second-largest economy in PPP terms by 2038 – EY

India is projected to emerge as the world’s second-largest economy in purchasing power parity (PPP) terms by 2038, supported by strong demographics, robust savings, and a sustainable fiscal path, consultancy EY said in a report on Wednesday. ...

August 28, 2025 9:18 AM

Wheels of Change: India’s Electric Leap for Green Mobility

India’s swift transition to green mobility has moved from aspiration to action. By February 2025, the nation had already registered 56.75 lakh electric vehicles, underscoring its momentum toward sustainable transport. This electric revolution is fu...

August 27, 2025 3:47 PM

Dominant AI trade confronts test as bellwether Nvidia reports earnings

The artificial intelligence theme that has propelled markets over the past couple years faces a crucial moment on Wednesday, when bellwether Nvidia Corp reports its second-quarter results. Technology shares, including a number of signature sto...

August 27, 2025 2:57 PM

MGNREGA- A comprehensive pillar of rural livelihood security

The Government of India has reaffirmed its commitment to rural resilience with a historic ₹86,000 crore allocation for MGNREGA in FY 2025–26, the highest since the scheme began, reflecting steadfast support for livelihood security across Bharat. ...

August 28, 2025 9:32 AM

Trump tariffs likely to result in US GDP go down by 40-50 bps: Report

As Indian exporters brace for the impact after additional 25 per cent US tariffs on key goods came into effect on Wednesday, reports said that Trump tariffs are likely to affect the US GDP by 40-50 bps by triggering inflationary pressures. The US in...

August 27, 2025 10:38 AM

Indian stock market to remain shut on Ganesh Chaturthi

There will be no trading at the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Wednesday on the account of Ganesh Chaturthi festival. Trading in derivatives, equities, Securities Lending and Borrowing (SLB), currency derivative...

August 25, 2025 6:29 PM

No CM, PM or Minister can run govt from jail: Amit Shah

Union Home Minister and Minister of Cooperation Amit Shah has said that Prime Minister Narendra Modi firmly believes that no Minister, Chief Minister or Prime Minister can run a government while being in jail. In an interview to a news agency, the H...

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