Economy Archives - Page 85 of 227

Economy

January 31, 2025 2:50 PM

Union Budget 2025-26: Fiscal consolidation, infrastructure spending, and sector-specific incentives in focus

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2025-26 on Saturday, key areas of focus are expected to include fiscal consolidation, infrastructure spending, and sector-specific incentives, according to leading global bro...

January 31, 2025 2:09 PM

India’s economy projected to grow between 6.3% and 6.8% in FY26: Economic Survey 2024-25

India's economy is projected to grow between 6.3% and 6.8% in FY26, according to the Economic Survey 2024-25, tabled in Parliament on Friday. The survey highlights that the country's economic fundamentals remain strong, supported by a stable externa...

January 31, 2025 2:01 PM

Nirmala Sitharaman tables Economic Survey 2024-25, Parliament adjourned for the day

Finance Minister Nirmala Sitharaman tabled the Economic Survey for 2024-25 in the Lok Sabha on Friday, marking a key step ahead of the Union Budget for the fiscal year 2025-26, which will be presented the following day. After the Economic Survey’s ...

January 31, 2025 11:25 AM

PM Modi hails 2025-26 Budget Session as first in a decade free from foreign interference

Ahead of the Budget Session for 2025-26, Prime Minister Narendra Modi addressed the media on Friday, highlighting that this is the first Parliament session since 2014 where he has observed "no foreign interference" in India's affairs. In his remar...

January 31, 2025 10:16 AM

Stock market opens higher ahead of economic survey, union budget

As the nation gears up for the Economic Survey and the Union Budget 2025-26, domestic benchmark indices opened higher on Friday, with optimism in the air as investors looked for potential catalysts from the upcoming announcements. The Sensex rose by...

January 31, 2025 12:11 PM

Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar

President Donald Trump on Thursday warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning the November presidential elections. "We are going to requir...

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman chairs the sixth Pre-Budget Consultation with experts and representatives from the health and education sector for the forthcoming Union Budget 2025-26, in New Delhi on Monday. ANI Photo

January 31, 2025 9:36 AM

Budget Session 2025-26 begins today; Finance Minister Sitharaman to present Economic Survey at noon

The Budget session of Parliament kicks off today, beginning with President Droupadi Murmu's address to the joint sitting of both Houses at 11 am. After the address, Union Finance Minister Nirmala Sitharaman will present the Economic Survey at noon i...

January 30, 2025 6:07 PM

Nitin Gadkari to discuss with oil companies to make ethanol rates reasonable

Union Minister for Road Transport and Highways, Nitin Gadkari, on Thursday said that he will hold a meeting with oil marketing companies (OMCs) after the Delhi elections to discuss bringing ethanol retail prices to a reasonable level. "On February 6...

January 30, 2025 4:38 PM

Sensex, Nifty extend gains ahead of Union Budget

India's benchmark indices continued their upward momentum on Thursday, marking the third consecutive session of gains ahead of the Union Budget 2025-26. Both the Sensex and Nifty ended in positive territory, buoyed by investor optimism. At the close...

January 30, 2025 1:17 PM

RBI: Year-on-Year UPI expansion propels India’s digital ecosystem

Digital payments across India recorded a double-digit increase of 11.1 per cent year-on-year (YoY) as of September 2024, according to the Reserve Bank of India’s (RBI) index that measures the adoption of online transactions, as stated in a central ...

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