Budget gives big boost to agriculture sector

New Delhi (IANS): Finance Minister Niramala Sitharaman announced an outlay of Rs 1.52 lakh crore in Budget 2024-25 to boost production and resilience in the agriculture and allied sectors. 

The measures unveiled to enhance productivity and…

Centre's 8-point booster for MSMEs to help them compete globally

New Delhi (IANS) In a booster for micro, small and medium enterprises (MSMEs), the government on Tuesday formulated a detailed package that covers financing, regulatory changes and technology support for them to grow and also compete globally. 

Union Budget: Indian startup ecosystem hails angel tax abolition

New Delhi (IANS) The Indian startup ecosystem on Tuesday hailed the Union Budget 2024 for abolishing angel tax -- the tax imposed on funds raised by startups from angel investors -- for all classes of financiers. 

Union Finance Minister Nirmala…

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…