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STATE OF THE ECONOMY
Economic indicators point to resilient Indian economy despite global headwinds: MoSPI SecretaryIndia's economy is demonstrating remarkable resilience against global challenges, according to Saurabh Garg, Secretary of MoSPI. He highlig...- Congress leadership with foreign mindset working to divide India: BJPThe BJP has thrown its weight behind party president Nitin Nabin's accusations that the Congress leadership possesses a "foreign mindset" a...
- Euro zone 10-year yields near three-month lows at start of busy weekBond yields in the Euro zone are at their lowest since early March, a welcome development for central bankers meeting at the ECB's Sintra F...
- Of service to the State: Bengal should prioritise high-skill services, sidestep constraints that make manufacturing difficultWest Bengal's new budget prioritizes job creation, but the path through manufacturing faces significant hurdles like fragmented land and in...
- India's debt market not equipped to finance next phase of growth, needs structural reforms: DeloitteIndia's debt market is currently ill-equipped to fund the nation's ambitious economic growth targets, a Deloitte report highlights. To achi...
- West Bengal government exempts essential sectors from diesel container supply curbsWest Bengal Chief Minister Suvendu Adhikari announced exemptions from a recent diesel supply restriction in containers. The move aims to al...
- As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
- Piyush Goyal holds strategic talks with Rolls-Royce delegation to bolster advanced manufacturing in IndiaUnion Minister Piyush Goyal met with a Rolls-Royce delegation to explore strengthening industrial and technological ties, highlighting the ...
- Karnataka restores full jungle safari at Bandipur, Nagarahole tiger reservesJungle safaris are back at Bandipur and Nagarahole tiger reserves following the state government's approval of a technical committee's repo...
- Engineering goods exports top US$12.31 billion in May, highest ever monthly exports despite West Asia conflictWe are positive that with the proper guidance of the Government, we will be able to achieve the desired export target of US$ 250 billion by...
- Russia’s premier foreign policy forum "Primakov Readings" brought together 400 experts from 17 countriesMoscow hosted the 'Primakov Readings' forum, marking IMEMO's 70th anniversary. Global experts convened to discuss a 'World Without Rules: P...
- AI is plowing through the workplace. This new group wants to help people adapt and have jobsA newly formed bipartisan nonprofit named RAISE US is set to launch with over $500 million aimed at tackling job losses anticipated from ar...
- Building resilient supply chains through an India-Chile partnershipChile, a major global player in critical minerals like copper and lithium, presents a compelling strategic alliance opportunity for India. ...
- US announces PaxPass to streamline the movement of critical AI goods at Pax Silica summitThe 2nd Pax Silica Summit brought together over 30 nations, advocating for 'innovation sovereignty' and AI policies conducive to growth. Hi...
- "Excited to partner India": US Under Secy for Economic Affairs Jacob Helberg at sidelines of Pax Silica SummitThe US is excited to collaborate with India on the Pax Silica initiative, which is designed to enhance reliable trade in essential AI produ...
- Maharashtra CM meets Amazon CEO, invites company to invest in data centres, healthcareMaharashtra Chief Minister Devendra Fadnavis met Amazon CEO Andy Jassy, urging investment in the state's data centres, healthcare, and AI-d...
- Oil, AI and chips: The new resource race redrawing markets and nationsThe leap to a $5 trillion valuation for Nvidia underscores a dramatic paradigm shift: semiconductors have become the driving force of globa...
- West Bengal budget is 'expansionary' and seeks to revitalise the state's economy: State FM Swapan DasguptaThe first state budget presented by the new BJP government in West Bengal combines a push for industrial revival with continued focus on we...
- RBI MPC: Growth rate could top 7% if oil prices fall furtherThe MPC members had voted for a status quo in the June policy, citing resilient growth and the need to assess inflation impact while statin...
- Global economy remains fragile despite US-Iran truce, but India has buffers to weather shocks: RBIGlobal economic fragility persists despite a US-Iran truce, with risks of renewed inflation and supply disruptions if tensions re-escalate....
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