Category: Economy
MoSPI asks states to shift GSDP base year to 2022-23 for better economic data accuracy
New Delhi: The ministry of statistics and programme implementation (MoSPI) on Thursday released guidelines for compiling gross state domestic product (GSDP) with base year 2022-23,…
MSME min scheme created 36 L jobs during FY22-26
The Prime Minister’s Employment Generation Programme (PMEGP) of the ministry of micro, small and medium enterprises (MSME) generated employment for 36.33 lakh people and helped…
India’s 6.6% growth “very good record” amid global turmoil: Amitabh Kant
Despite a global backdrop of “extraordinary” challenges, including active warfare, broken supply chains, and rising protectionism, India’s 6.6% GDP growth cements its status as the…
CPSEs capex surges 63% in April, kick off FY27 on strong note
New Delhi: Capital expenditure by large public sector enterprises (CPSEs) and four key government entities surged 63% from a year earlier in April to Rs…
India-EU FTA to cover one-third of global trade, impacts 2 billion people: Commerce Ministry
New Delhi: The India-European Union Free Trade Agreement (FTA) will cover nearly one-third of global trade and touch around 2 billion people, making it one…
India-EU FTA will be a win-win for both sides, looking forward to its ratification: Airbus India MD
Airbus India Managing Director and President Jurgen Westermeier on Thursday said the India-European Union Free Trade Agreement (FTA) will be a “win-win” for both sides…
EU envoy seeks investment liberalisation chapter in FTA with India, early investment pact conclusion
New Delhi: Ambassador of the European Union to India Herve Delphin on Thursday called for inclusion of investment liberalisation chapter in the free trade agreement…
Govt issues uniform guideline for measuring states’ GDP with revised base year of 2022-23
New Delhi, The statistics ministry on Thursday issued a uniform guideline for measuring states’ gross domestic products (GSDP) with 2022-23 as the base year to…
RBI likely to hold rates in June amid two conflicting objectives, says HSBC Chief India Economist
The Reserve Bank of India (RBI) faces two conflicting objectives before its next interest rate decision in June, as the economy grapples with a potential…
India plans stronger exporter support as Middle East crisis strains trade flows
NEW DELHI: India is planning to raise spending on its key scheme designed to refund local taxes paid on export goods and extend the programme’s…