Category: Economy

Piyush Goyal met investors to push smoother FDI and FIIs, urging industry to fix supply-chain vulnerabilities, boost manufacturing, invest in innovation, and look beyond domestic markets for growth. Commerce and Industry Minister, Piyush Goyal is meeting venture capitalists and other investment-community stakeholders in the national capital today to make FDI and FII flows faster and […]

India’s Gross GST collections for October (September transactions) reached ₹1.96 lakh crores, recording a muted 4.6% year-on-year growth—the lowest since June 2021. The gross goods and services tax (GST) collections came in at Rs.1.96 lakh crores in October, (September transactions), recording a year-on-year growth of 4.6%, according to official data released on Saturday. An annual growth in […]

China leads in electricity generation, surpassing the US. It dominates clean energy and electric vehicle production. Chinese EVs are technologically advanced and cost-effective. China is also ahead in AI development and robotics deployment. The nation excels in drone manufacturing for warfare. India should partner with China to advance its energy, mobility and AI goals. A […]

Empowering commerce through simplified taxation. Key Takeaways: GST on leather, footwear and related job work reduced from 12% to 5%. On packaging paper GST cut to 5% and down from 28% to 18% on Commercial Goods Vehicles. Textiles see major correction with man-made fibers cut from 18% to 5%, yarn from 12% to 5%. On Toys and sports goods, GST […]

 Tamil Nadu outperforms peers with growth in secondary sector at more than double the national average at 13.4% (at constant prices). At the overall GSDP level, Tamil Nadu consolidated its lead in year-on-year growth with its economy reaching ₹17.32 lakh crores in FY25, reflecting 11.2% annual growth. Even as India’s secondary sector (comprising manufacturing, construction, […]

India’s economy faces potential disruption as new tariffs threaten $87 billion in exports to the US, potentially shaving off up to 80 basis points from GDP growth. Brokerages warn of significant impacts on export-heavy sectors, leading to possible Government intervention and RBI rate cuts. With the first wave of 25% Trump tariffs kicking off today […]

The list, released by Fortune for only the second time, recognizes individuals who are not only active in business but also wield measurable influence over their industry and beyond. Dr. Reshma Kewalramani, who ranked 62nd on this year’s list, became the first woman to lead a major US biotechnology firm when she was appointed Chief […]

He said, ‘Pune is a manufacturing capital with reputed educational institutions and abundant skilled human resources. ‘Dadagiri by certain elements is becoming an obstacle to Pune’s development, Maharashtra Chief Minister, Devendra Fadnavis said a week after his Deputy and State Finance and Planning Minister, Ajit Pawar expressed concern over flight of IT sector companies from […]

India is exploring new export destinations to offset the impact of slowing demand in developed economies and the recently announced US tariffs. An Indian trade delegation is expected to meet a delegation from MERCOSUR this month to hold preliminary exploration to expand the existing Preferential Trade Agreement (PTA) to a Free Trade Agreement (FTA), Government […]

The measure of the success of a business entrepreneur is how wealthy and how quickly he or she becomes, says Arun Maira, Author of Reimaging the Indian Economy. According to Webster’s Dictionary, an entrepreneur “is a person who        organizes and manages any enterprise, especially a business enterprise, usually at considerable risk and initiative”. As a […]