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India projected to clock 6.8-7% growth in Q2, current fiscal to register 6.3% :...

New Delhi, July 2: India’s GDP growth is projected at 6.3 per cent in current fiscal (FY26) despite external headwinds, an HSBC report said on Wednesday, adding that with 70 per cent of the indicators growing positively, the Q2 growth (April-June) is trending at 6.8-7 per cent, with the...
India poised to become 3rd-largest economy by 2030, overtaking Germany: Hardeep Puri
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India poised to become 3rd-largest economy by 2030, overtaking Germany: Hardeep...

New Delhi, July 2: India has recently overtaken Japan and is poised to become the third-largest economy by 2030, overtaking Germany, Union Petroleum Minister Hardeep Singh Puri has said.In the past 11 years, India has risen from the eleventh to the fourth largest economy in the world.“Our GDP...
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India, US may sign interim trade agreement this week: Report

New Delhi, July 1: India is on course to finalise an interim trade agreement with the US as early as this week to escape the tariff hike on its exports proposed by President Donald Trump, according to a report in the Financial Times.India's negotiating team, led by Special Secretary Rajesh...
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India to empower Global South, chart a cleaner and sustainable future: Minister

New Delhi, July 1: India is playing a key role in helping the Global South move towards a cleaner and more sustainable future, Union Minister for New and Renewable Energy Pralhad Joshi said on Tuesday.Highlighting the impact of solar energy in the global clean energy transition, the minister...
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Remittances by Indians working abroad scale record high of $135 billion in FY25

Mumbai, July 1: The remittances sent back home by Indians working abroad have registered a 14 per cent rise in the financial year 2024-25 to a record $135.46 billion, according to data compiled by the RBI.The RBI said the inflows, classified under “private transfers”, accounted for more than...
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'Backbone of rising India': PM Modi highlights growing strength of steel sector

New Delhi, June 30: Prime Minister Narendra Modi on Monday highlighted the growing strength of India’s steel industry that is playing a key role in propelling the country's infrastructure, defence, electric mobility and clean energy sectors.Referring to Steel Minister H.D. Kumaraswamy’s post...
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Number of new firms registered in India clocks 29% jump in May

New Delhi, June 30: The number of new companies registered in India surged by 29 per cent year-on-year in May this year to 20,718, reflecting the acceleration in economic activity, according to the latest monthly bulletin released on Monday by the Ministry of Corporate Affairs.The total number...
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Over 10 lakh micro and small enterprises join Government e-Marketplace

New Delhi, June 28: More than 10 lakh micro and small enterprises (MSEs) have joined the Government e-Marketplace (GeM) portal and total transaction value on GeM has reached around Rs 5.40 lakh crore in FY2024-25, a top government official said on Saturday.Ajit B Chavan, Additional CEO, GeM,...
Indian stock markets stage sharp rebound this week, FII buying returns
Business

Indian stock markets stage sharp rebound this week, FII buying returns

The Indian stock markets finally ended their five-week-long consolidation phase, driven by improving global sentiment, easing geopolitical concerns, and noticeable buying by foreign institutional investors (FIIs) in the latter part of the week
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New biomass guidelines to boost bio-energy, ease of doing business

New Delhi, June 28: In a bid to promote cleaner energy solutions, ease of doing business and accelerate the adoption of biomass technologies across the country, the government on Saturday issued revised guidelines for the biomass programme.The new norms have been released under Phase-I of the...
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India’s GDP projected to grow at 6.2% in FY26 with inflation around 4% : Report

Mumbai, June 27: India’s GDP is projected to grow at 6.2 per cent in FY26, with CPI inflation around an average 4.0 per cent, a report showed on Friday, adding that it does not expect any further rate cuts from the RBI “unless downside risks to growth materialise”.The Current Account Deficit...
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India’s engineering goods exports to US rose 4.6% in May despite tariff turmoil

New Delhi, June 27: India's engineering goods exports to the US registered a 4.6 per cent increase to $1.74 billion in May this year, compared to the same month of the previous year, despite the uncertainty created by the tariff hikes announced by President Donald Trump.Similarly, the exports...
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