Category: Economy
Rs 1 lakh crore on crude imports will be saved by 2030, as 35 lakh EVs will replace petrol vehicles: SBI Report
New Delhi [India]: Around 35 lakh more electric vehicles (EVs) are expected to replace petrol vehicles during 2027-2030, helping India save nearly Rs 1 lakh…
GST on subscription ride-hailing platforms like Rapido and Bharat Taxi may hit driver earnings: Report
New Delhi: Extending GST liability to subscription-based ride-hailing platforms such as Rapido and Bharat Taxi could reduce driver earnings, curb participation and weaken passenger demand,…
EPFO’s new social security rules tighten claim timelines, mandate digital compliance
The government has notified a new set of social security schemes under the Code on Social Security, placing greater emphasis on digital compliance and faster…
Govt lines up PSU stake sales to cushion budget hit from oil
India is fast-tracking efforts to sell stakes in some of its largest state-owned companies, including the nation’s biggest life insurer, as Prime Minister Narendra Modi’s…
A coastal city in the south is quietly powering India’s AI future
A quiet stretch of Andhra Pradesh’s coastline is now attracting some of the biggest names in technology. Google is investing $15 billion. Reliance-backed Digital Connexion…
Japan-India Annual Summit: 150+ firms back $12.5 billion leap to fortify security ties
New Delhi: Japanese private companies are set to inject a massive $12.5 billion into the rapidly growing Indian market through approximately 120 cooperation agreements at…
Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take part
New Delhi: The Standing Committee on Finance will hold its next sitting on Thursday 2 to study the regulatory roadmap for Virtual Digital Assets (VDAs),…
India unlikely to raise inflation target, RBI Governor Sanjay Malhotra says; expects strong growth
India is unlikely to raise its official inflation target and there may be a case for lowering it over the long term, Reserve Bank of…
Growth engine revving as GST, auto sales rise despite global roadblocks
New Delhi: India’s economy ended the first quarter of FY27 on a strong footing with various high-frequency indicators showing robust growth in June, reflecting resilience…
In Graphics: India’s wealthy cement their seat on the high table
Global personal wealth witnessed an extraordinary 10.8% growth in 2025, its fastest growth in at least three years, shows a new UBS report. While the…