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INDIA BUDGET 2023 GROWTH
Tamil Nadu spends too much; Bengal earns too little: A tale of two deficitsTamil Nadu and West Bengal ended 2023-24 with revenue deficits, but their fiscal challenges differ significantly. Tamil Nadu's deficit stem...- India's growth story 'remains intact', bets on rising consumer aspirations for future growth: DaburDabur India sees its growth story remaining intact despite global uncertainties. Rising consumer aspirations and strong domestic demand fue...
- Flipkart rolls out $50 million Esop buyback, second payout in a yearIn July 2025, Flipkart had announced a $50 million employee stock buyback programme, which was set to provide liquidity to around 7,000-7,5...
- India's retail car sales jump nearly 29% in JuneIndia's auto sector recorded passenger vehicle sales growth of 28.63% in June. The overall automobile industry saw a 21.83% jump, driven by...
- Assam Assembly clears introduction of Hindi in House proceedingsIn a historic move, the Assam Legislative Assembly will now include Hindi alongside Assamese, English, and Bodo. Speaker Ranjeet Kumar Dass...
- IT services growth likely to stay soft in near term as clients delay discretionary spends: EquirusIndia's major IT firms anticipate a subdued first quarter, with growth expected to pick up only when clients shift from cost-cutting to AI-...
- Indian IT firms likely to report muted Q1 growth amid AI spending, macro uncertaintyIndia's Information Technology (IT) companies are expected to report another quarter of subdued earnings growth despite seasonal strength, ...
- Which Indian city tops the income charts?Bengaluru, Chandigarh, and Delhi boast the highest average incomes, while Chandigarh, Thiruvananthapuram, and Vadodara lead in household sp...
- June services growth hits 17-month low as client interest fadesIndia's services sector growth slowed significantly in June, hitting a 17-month low as domestic demand weakened. New business expansion als...
- Middle class to remain India’s growth engine: FM SitharamanIndia's middle class is identified as the primary driver of the nation's robust economic expansion, fueling consumption and ensuring its st...
- Assam tea industry seeks Green Leaf Cess relief, hails ATISIS supportThe Tea Association of India lauded the Assam government's incentive scheme for boosting Orthodox tea production and exports, which saw sig...
- India aims for $1 trillion exports this fiscal year, says Piyush GoyalIndia is targeting a monumental $1 trillion in exports this fiscal year, a significant leap from last year's $863 billion. Union Minister P...
- Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quar...
- As India prepares for 11 big events in next 6 months, ministry promises spotless infraIndia is set to host 11 major international sporting events in the coming six months, including the World Badminton Championships. Followin...
- June manufacturing PMI hits 3-month low on weak export & biz ordersThe HSBC Purchasing Managers Index (PMI) compiled by S&P Global fell to 54.2 in June from 55 in May. It stood at 58.4 in June 2025.
- Honda Cars India sales jump 71% to 8,788 units in JuneHonda Cars India witnessed a significant 71% surge in total sales for June, reaching 8,788 units compared to the previous year. This impres...
- India's June factory growth slips to second-weakest since mid-2022 as demand softens, PMI showsIndia's manufacturing sector experienced its second-slowest growth in four years during June, primarily due to a slowdown in demand for goo...
- India's April-May fiscal deficit at ₹1.62 lakh crore, widens on-year to 9.6% of FY27 aimIndia's fiscal deficit stood at ₹1.62 lakh crore during April-May, accounting for 9.6% of the full-year budget estimate, according to gover...
- IIP growth reached a five-month high of 5.1% in MayIndia's industrial production surged to a five-month high of 5.1% in May, driven by robust growth in electricity and manufacturing sectors....
- India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EYIndia's fiscal deficit is expected to remain under control in FY27, thanks to robust nominal GDP growth driven by higher inflation, accordi...
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