Economic Survey pegs India's GDP growth rate at 6.5-7 pc for 2024-25

New Delhi (IANS) The Economic Survey tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday projects India’s GDP growth rate at 6.5 to 7 per cent for 2024-25 as it sees the economy on a strong wicket.  

The survey states that…

Creating 78.5 lakh jobs annually till 2030 signals Centre’s resolve: Assocham on Eco Survey

New Delhi (IANS) Terming the Economic Survey 2023-2024 a 'bold' document, leading industry chamber Assocham on Monday said the way it has emphasised the need for creating 78.5 lakh jobs annually till 2030, signals the government's resolve…

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

New Delhi (IANS) As the Centre is set to present the Union Budget 2024-2025 on July 23, stock market experts bet big on four key sectors -- capital goods, defence, electronics system design and manufacturing (ESDM) and Tourism. 

The market…

India’s goods exports to top countries record double digit surge

New Delhi (IANS) India’s exports to the lucrative Western markets have recorded a strong double-digit growth in the April-June quarter of the current financial year reflecting the competitive strength of the economy.

The latest data compiled…

Commercial vehicle sales surge amid rapid urbanisation, economic growth in India

New Delhi (IANS) Driven by friendly government policies, rapid urbanisation and economic growth, sales volumes of commercial vehicles (CV) have nearly recovered to the pre-Covid times, according to Girish Wagh, Executive Director of Tata Motors. 

Sensex, Nifty trade lower on weak global cues

Mumbai (IANS) Indian equity indices opened in the red on Friday following weak global cues from Asian peers. 

At 9:45 a.m., Sensex was at 81,196, down 146 points or 0.18 per cent and Nifty was down 75 points or 0.34 per cent, at 24,716.

Reliance Industries posts gross revenue of Rs 2.57 lakh crore for Q1 FY25

Mumbai (IANS) Reliance Industries on Friday reported quarterly gross revenue of Rs 2.57 lakh crore ($30.9 billion) for Q1 FY25, up 11.5 per cent year-on-year, led by order-to-cash (O2C) on higher oil and product prices and oil & gas segment with strong…

Consumption of natural gas rises by 7 pc in June as more Indians switch to green fuel

New Delhi (IANS) The consumption of natural gas in India went up 7.1 per cent in June to 5,594 million metric standard cubic metres (MMSCM), this year compared to the same month last year, as more households across the country are using the fuel for…

Union Budget: Lower Customs duty on import of medical devices, say experts

New Delhi (IANS) Ahead of the upcoming Union Budget 2024-25, experts on Thursday called on lowering Customs duty on import of global medical devices. 

Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2024 on July…

Indian exports remain resilient in Q1 FY25, core goods show positive growth

New Delhi (IANS) Indian exports remained resilient in the first quarter of current fiscal (FY25), as core export goods such as drugs and pharmaceuticals, engineering goods, organic and inorganic chemicals and readymade garments exhibited positive…