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Business
April-August sees 11.9% rise in coal production from India’s commercial mines
2 Sept 2025 1:24 PM IST
New Delhi, Sep 2: Coal production from India's captive and commercial mines during April to August of the financial year 2025-26 has recorded a robust 11.88 per cent growth over the same period of the previous year, while dispatches of coal from mines have risen by 9.12 per cent during these...
Business
Despite Rate Rejig, States Get ₹10 Lakh Cr SGST, ₹4.1 Lakh Cr Devolution
2 Sept 2025 12:29 PM IST
New Delhi, Sep 2: States will remain net gainers from GST collections in FY26 even under the proposed rate rationalisation — and are expected to receive at least Rs 10 lakh crore in SGST plus Rs 4.1 lakh crore through devolution, an SBI Research report said on Tuesday.This is because of the...
Business
India's GDP growth prediction is raised by Morgan Stanley, which also...
1 Sept 2025 4:12 PM IST
New Delhi, Sep 1: Morgan Stanley has raised its forecast for India’s GDP growth in 2025-26 on the back of the robust 7.8 per cent growth in the April-June quarter and expects the forthcoming cuts in GST to spur domestic demand, which would offset the decline in exports due to the US tariff...
Business
TN requests immediate action from the Center after warning of a $3.9 billion...
1 Sept 2025 1:33 PM IST
Chennai, Sep 1: Tamil Nadu has raised fresh concerns over the steep 50 per cent tariff imposed by the US on imports, warning that the state could lose as much as $3.93 billion (Rs 34,642 crore) in 2025-26.Guidance Tamil Nadu, the state’s investment promotion agency, has estimated that the...
Business
India's economy is expected to stay strong in FY26 due to strong domestic demand...
1 Sept 2025 1:15 PM IST
New Delhi, Sep 1: Despite downside risks owing to the US tariffs and slowing global economy, India’s growth will remain healthy given expectations of robust domestic private consumption, along with supportive government spending, a report showed on Monday.In Crisil’s view, private consumption...
Business
India's strong first-quarter GDP makes it the world's fastest-growing major...
30 Aug 2025 5:01 PM IST
New Delhi, Aug 30: The gross domestic product (GDP) growth estimates for the first quarter of current fiscal (FY26) at 7.8 per cent make India the fastest-growing nation among major economies in the world, Sanjeev Sanyal, a Member of Prime Minister Narendra Modi's Economic Advisory Council...
Business
India keeps markets calm and averts a worldwide disaster by buying Russian oil
30 Aug 2025 12:11 PM IST
New Delhi, Aug 30: As allegations fly thick and fast over India extending a financial lifeline to Russia and becoming a laundering hub, the reality is that by purchasing Russian energy, New Delhi has prevented a global crisis by keeping global markets stable and inflation under control for...
Business
The government will integrate ocean ecosystem accounts to boost India's economic...
30 Aug 2025 11:47 AM IST
New Delhi, Aug 30: The government has reaffirmed its commitment to enriching India’s economic indicators by integrating Ocean Ecosystem Accounts alongside traditional measures, an official statement said on Saturday.The Ministry of Statistics and Programme Implementation (MoSPI) and Kerala’s...
Business
Building a future of trust, technology, and prosperity with Africa and India:...
29 Aug 2025 4:53 PM IST
New Delhi, Aug 29: Haryana Chief Minister Nayab Saini on Friday said that India and Africa are building a future based on mutual trust, technology, inclusivity and prosperity.Speaking at the 20th CII India-Africa Business Conclave here, CM Saini said that the state government’s vision goes...
Business
The Indian MedTech sector is essential to lowering reliance on imports and...
29 Aug 2025 4:17 PM IST
New Delhi, Aug 29: India’s MedTech industry is strategic to reduce the import dependency as well as boost the sector’s share in the global market, according to a report on Friday.The report by the Confederation of Indian Industry (CII), in collaboration with Boston Consulting Group (BCG),...
Business
The work-study diploma program is launched by Adani Skills & Education
29 Aug 2025 2:57 PM IST
Ahmedabad, Aug 29: Adani Skills & Education (ASE), the skill development arm of the Adani Group, on Friday announced the launch of Karma Shiksha -- a work-study diploma programme -- under the National Council for Vocational Education and Training (NCVET), Ministry of Skill Development and...
Business
Urjit Patel, a former RBI governor, is appointed by the center as the IMF...
29 Aug 2025 12:37 PM IST
New Delhi, Aug 29: The government has approved the appointment of former Reserve Bank of India (RBI) governor Dr Urjit Patel as the Executive Director at the International Monetary Fund (IMF) for a period of three years.The government has appointed the new executive director for India at IMF...
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