Page 254 - Economy

Gujarat aims to contribute 10% to India's GDP: IAS Officer Mona Khandhar

''We are aligned with the mission of Viksit Bharat...,'' she said

Growing geoeconomic fragmentation can decrease global GDP by $5.7 trn: WEF

The Navigating Global Financial System Fragmentation report estimated that fragmentation resulting from statecraft policies could cost the global economy $0.6 trn to $5.7 trn up to 5% of global GDP

Will maintain 6-8% economic growth, inflation under check: Vaishnaw

Speaking at a session during the World Economic Forum Annual Meeting here, the minister said inclusive growth remains a key pillar of the country's economic blueprint

Retail inflation for farm, rural workers drops to 5.01% and 5.05% in Dec

The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) remained unchanged for December 2024 at 1,320 and 1,331 points, respectively

Rupee's fall due to dollar's rise, RBI intervention can harm exports: Rajan

Rajan said the dollar has been appreciating against other currencies, partly due to fear of Trump tariffs

Budget 2025: Why scrapping home loan tax benefits could hurt the common man

The socio-economic implications of scrapping the old tax regime for India's real estate sector - currently valued at $493 billion and contributing 7.3 per cent to GDP - deserve careful scrutiny

India to overcome impact from Trump's trade policies, says Ashwini Vaishnaw

While Vaishnaw did not give details of which products the govt would be open to reducing duties on, he said all discussions will happen taking into account the holistic needs of both the countries

India's digital economy set to overtake agriculture, mfg by 2030: MeitY

India's digital economy is expected to grow almost twice as fast as the overall economy, contributing to nearly one-fifth of national income by 2030, according to a MeitY report

Chhattisgarh to open doors to 300,000 houses under PMAY-Gramin scheme

More than 847,000 houses have already been sanctioned under the scheme, said state government officials

Trump administration's stance may open doors for bilateral FTA with India

Govt holding inter-ministerial consultations following new US policies

Executive orders signed by Trump unlikely to impact Budget 2025: Economists

Economists said that the government had largely anticipated the policy action on tariffs in November when the election results came out

US President Donald Trump's anti-climate diktat opens more doors for India

Green initiatives in India unaffected, experts flag India's chance to occupy climate leadership role

Ashwini Vaishnaw meets Swiss delegation for railways tech, safety

Sources revealed that the Swiss Federal Railways made a presentation showcasing the latest advancements in infrastructure diagnostics

Strategies and roadmap for making green fertiliser production viable

India's Green Hydrogen Mission targets decarbonising fertiliser production

Investors from 12 nations among 5k delegates expected in Odisha biz summit

IT, renewable energy, chemicals, textile and food processing have been selected as five focus sectors to attract investors during the meet

Rice exports steady in 2024 despite curbs; basmati shipments surge

The country's rice exports in 2024 stood at 17.8 million metric tons, marginally down from 17.86 million tons shipped a year earlier

Centre mulls lower duties, more imports to counter Trump's tariff threats

It could also reduce some import tariffs, with officials drawing up a list of likely products, such as bourbon whiskey and farm goods like pecan nuts, they said

US global 'supplemental tariffs' to target trade-surplus countries

Trump has not yet announced higher tariffs on China, although he mentioned a 10 per cent tariff hike over a month ago

Union Budget 2025-26: 25% income tax slab, higher rebate on the cards

The upcoming Budget may raise the rebate further, potentially making income up to Rs 10 lakh tax-free

Trump 2.0: More US energy exports to India likely, says Hardeep Singh Puri

Trump's energy push may lead to increased American crude oil, LNG shipments to the country