Page 182 - Economy

India should leverage strengths to be indispensable to investors: FinMin

Finance Ministry highlights macro stability, low inflation and monsoon outlook as strengths while warning of global risks and the need for strategic trade agreements

'We've a long way to go': Zerodha CEO on India as 4th largest economy

Nithin Kamath says India must focus on boosting labour participation, productivity, and R&D spending to achieve sustainable, long-term growth

Coal demand softens as monsoon arrives early, stocks pile up at mines

An early monsoon, subdued heat, and tepid power demand have left coal miners with large pithead stocks, prompting a rethink of coal evacuation plans and long-term supply linkages

Steel ministry backs extension of import curbs on metallurgical coke

India, the world's second-largest crude steel producer, imposed quantitative restrictions in December on imports of low-ash met coke

Skill ministry proposes 36% hike in stipend for apprentices under NAPS

MSDE suggests CPI-linked revisions and broader industry coverage under apprenticeship schemes to reduce dropouts and align training with emerging sector demands

Tracking consumption: Clothing, footwear spends shrank 7.1% in FY24

Expenditure on the 'clothing and footwear' segment fell by over 7 per cent to just under ₹4.53 trillion in FY24 from ₹4.87 trillion in FY23

NITI report urges adopting Turkiye's model to bridge India's skill gaps

The report titled 'Designing a Policy for Medium Enterprises' listed programmes of Turkiye in addition to Canada, Singapore and Australia for encouraging medium enterprises

Fintech tools to transform medium enterprises into growth engines: NITI

A report published by NITI Aayog says that the MSME sector contributes 29% to the GDP, adding 40% to the export and employing 60% of the workforce

AM Green, Rotterdam Port partner for $1 bn India-Europe green fuel corridor

The partnership would enable annual trade of 1 million tonnes of green fuels worth up to $1 billion, linking India's emerging green hydrogen clusters with Europe's largest energy port of Rotterdam

Rajasthan govt to soon bring out a policy to boost film production

Diya Kumari, the state's deputy chief minister who also holds the tourism portfolio, has directed officials to finalise the policy, alongside working on plans to boost adventure tourism in the state

US has $35-40 bn surplus with India when services, arms included: GTRI

In 2024-24, the US has recorded a trade deficit of about $ 44.4 billion with India, which means Washington has imported far more goods and services from India than it exported

Shaping the new deterrent: The strategic shift in India-Pakistan conflict

India's restraint has now translated into a sense of strategic intolerance. There has been a marked change in India's military strategy, and in the complexity of its retaliatory strikes

India GDP growth likely picked up in Q4 on strong rural spending: Poll

Without stronger domestic demand, GDP growth will continue to rely heavily on government spending, as it has for years

NITI Aayog nudges states to finalise intermediate targets for 2030, 2035

These include precise and achievable targets by 2030 and 2035, in addition to the broader 2047 target of making India a $30 trillion economy

India beats Japan, now fourth-largest economy: NITI CEO Subrahmanyam

The size of India's economy was estimated higher at Rs 331 trillion for FY25 against the earlier estimate of Rs 324 trillion

Agri output likely to propel India's Q4 GDP growth to 4-quarter high

Industrial sector expansion is, however, expected to remain subdued

Statsguru: Will most-favoured-nation pricing alter India-US pharma ties?

Nearly 35 per cent of India's pharma exports went to the US in FY25, breaching the $10 billion mark. Such exports have more than doubled since FY18

India partners with WHO to mainstream Ayush globally through an agreement

The agreement inked on Saturday marks the beginning of work on a dedicated Traditional Medicine module under the International Classification of Health Interventions (ICHI)

India's renewable energy capacity grows 3-fold to 232GW in last decade

Sources mentioned that during the UPA regime, India was almost absent in the solar manufacturing scene, with a meagre 2GW of solar module production in 2014

UP govt to invest Rs 6,124 crore on building ring roads, bypasses

The Public Works Department (PWD) has prepared a blueprint that outlines road connectivity expansion for the financial year 2025-26 with 62 projects in all