Economy
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PK Mishra Outlines India's Path to Becoming a Leading Global Economy
Principal Secretary to the Prime Minister PK Mishra outlined the necessary economic reforms for India to transition from an emerging to a leading global economy during an SBI conclave.
GST 2.0 transforms automobile market with over 30 million vehicles sold
The implementation of GST 2.0 in India has led to a 20 percent increase in vehicle sales over the past year.
OECD Lowers 2027 Global Growth Forecast Amid Middle East Conflict
The OECD lowered its 2027 global growth forecast to 3.0% due to the impact of the Middle East conflict on commodity prices.
S&P raises India growth forecast to 7 percent for fiscal year
Rating agency S&P Global has raised India's real GDP growth forecast for the 2026-27 fiscal year to 7%.
India Has Strongest Global Growth Outlook Says World Economic Forum
The World Economic Forum identifies India as having the strongest global growth outlook, despite a decline in its ranking for business-friendly environments for multinational corporations.
District Employment Exchange to hold walk-in interview on September 25
The District Employment Exchange in Gadag is hosting a walk-in interview on September 25 for job vacancies at RNS and Morse company.
Asia Faces Sustained Inflation Pressure Into 2027, ADB Warns
The Asian Development Bank projects that persistent regional inflation will continue until 2027 due to ongoing global geopolitical conflicts.
Delhi to set up MSE hub, six centres for small businesses
The Delhi government is establishing a centralized micro and small enterprises hub and six district-level business facilitation centres to assist local businesses.
Fed's Collins Backs Tighter Policy On Inflation
Federal Reserve official Susan Collins suggests that higher interest rates may be necessary to address persistent inflation.
Long queues at petrol pumps in Iran due to inflation
Iran is facing severe inflation and rising costs of living while Donald Trump suggests the country has limited options remaining.
Kharif acreage gap narrows to 1.3% despite 15% rainfall deficit
India's kharif sowing area has nearly matched last year's levels despite a 15% rainfall deficit.
Sitharaman calls for transition from Made in India to Imagined in India
Finance Minister Nirmala Sitharaman urged Indian businesses to focus on innovation and design over manufacturing to shift towards an 'Imagined in India' model.
J&K government revives stressed MSMEs to address industry competitiveness
The Jammu and Kashmir government has initiated a revival program for thousands of identified stressed small and medium enterprises to improve industrial competitiveness.
India's Aviation Sector To Support 20 Million Jobs By 2040
Civil Aviation Minister Rammohan Naidu stated that India's aviation sector is projected to support 20 million jobs by 2040.
Infrastructure sector growth slows down
India's core infrastructure sector growth slowed to a three-month low of 4.8% in August due to declines in coal, natural gas, crude oil, and fertilizer production.
Massive Job Fair Organized in Soraba on October 2
A large job fair is scheduled for October 2 in Soraba to connect local job seekers with companies from Bengaluru.
Small Industries Associations Request Subsidy Release
Representatives of small industries in Karnataka met Minister Vijayanand Kashappanavar to request the release of pending subsidies and improvements to industrial infrastructure.
Uttar Pradesh to Gujarat: how job crisis differs in India’s poll-bound states
An analysis of Time Use Survey 2024 data reveals significant regional disparities in youth employment and job quality across India's poll-bound states.
State owes sanctioned subsidies, incentives worth ₹2,880 crore to industrial units
The Karnataka Small Scale Industries Association has reported that the state government owes over ₹2,880 crore in unpaid subsidies and incentives to more than 3,700 industrial units.
August Core Sector Growth Slows To 4.8 Percent
India's core sector growth rate decelerated to 4.8% in August due to declines in oil, gas, and coal production.
Revanth says Hyderabad ahead of schedule in GCC expansion
Telangana Chief Minister Revanth Reddy reported that Hyderabad is exceeding its target for establishing new Global Capability Centres this year.
Bhogapuram aviation hub set to attract investments, spur regional growth
The new Bhogapuram aviation hub in Andhra Pradesh is expected to drive regional economic growth and attract significant investments in aviation and allied sectors.
IIM Kozhikode graduate struggles to secure job after 250 applications
A recent IIM Kozhikode graduate is struggling to find a job despite submitting over 250 applications.
Most Economists See RBI Raising Rates in October Policy
Most economists surveyed expect the Reserve Bank of India to raise interest rates in October to combat rising inflation.
Blackstone President Jon Gray praises Modi government for economic progress
Blackstone President Jon Gray praised the Indian government's economic reforms and infrastructure development.
Doval projects India's GDP to reach 38 trillion dollars in 20 years
National Security Advisor Ajit Doval projects that India's GDP could grow to 38 trillion dollars within the next two decades.
Companies are hiring more people from smaller cities citing cost efficiency, loyalty
Employers in India are increasingly hiring from tier II and III cities due to cost efficiency and improved employee retention.
India's GDP will rise to $38 trillion in 20 years: Ajit Doval
National Security Advisor Ajit Doval predicts that India's GDP will grow to $38 trillion over the next two decades.
India on track for 6.5-7% real GDP growth this fiscal
Brokerage Jefferies forecasts India's real GDP growth will hit 6.5-7% this fiscal year, with corporate earnings expected to rise.
US Mortgage Rates Jump 7% At 19-Month High Following Fed Rate Hike
US mortgage rates have reached a 19-month high of 7 percent following interest rate increases by the Federal Reserve.