economic growth

India's Innovation Engine Roars: Patent Filings Surge 30.2% to Historic High, Solidifying Global Powerhouse Status New Delhi witnessed a major affirmation of its growing status as a global innovation leader on Sunday. Union Minister Piyush Goyal highlighted substantial growth in India's patent...

The nation's fiscal trajectory in South Korea points toward mounting debt obligations. Government projections indicate the country's national debt could approach 60 per cent of its gross domestic product (GDP) by 2030. This expected escalation is set against a backdrop of decelerating economic...

In New Delhi, Chief Justice of India Surya Kant, on Saturday, called for a comprehensive overhaul of the legal system to meet the demands of a growing economy. He stated that transforming India into a $10 trillion economy cannot be achieved solely through capital or policy, and that the quality...

New Delhi, April 11 – India is increasingly signing free trade agreements (FTAs) with economies where trade corridors are already expanding and supply chains are already forming, according to a new report.These FTAs are acting as accelerators of existing economic momentum, the report in Trade...

New Delhi, April 11 – Despite the global slowdown, India remains one of the fastest-growing major economies in the world, with an expected growth rate of 6.6% in FY27. This is primarily due to higher energy prices resulting from the Middle East conflict and disruptions in supply chains, which...

Seoul, April 10 – South Korea's central bank kept its benchmark rate unchanged on Friday, as uncertainty in the Middle East prompted a cautious stance amid risks of inflation, currency weakness, and slower growth.In a widely anticipated decision, the Monetary Policy Board of the Bank of Korea...

Jaipur, April 9 Rajasthan Chief Minister Bhajanlal Sharma chaired a meeting with officials on Thursday to review preparations for Prime Minister's visit to the state for the inauguration of the HPCL refinery in Balotra district on April 21.During the meeting, Sharma said the Pachpadra refinery...

Mumbai, April 9 – The Reserve Bank of India’s continued focus on boosting economic growth, along with its proposed regulatory changes for non-banking financial companies (NBFCs), is expected to bring greater strength and clarity to the sector, Rajesh Sharma, Managing Director of Capri Global...

New Delhi, April 9 – Railways are set to play a key role in driving India’s economic growth as the country targets a freight capacity of 3,000 million tonnes by 2030, a report has said.According to the ASSOCHAM-AESCLA report, railways currently account for up to 30 per cent of freight...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra expressed confidence on Wednesday that interest rates will remain low in the medium to long term, given the benign inflationary conditions.Addressing the media at a post-monetary policy conference, Malhotra said the Indian economy is very...

New Delhi, April 8 – The Reserve Bank of India (RBI) on Wednesday estimated India's real GDP growth at 7.6 per cent for FY26 under a new GDP series, while highlighting emerging risks from geopolitical disruptions.The FY26 growth reflects resilience driven by strong services activity...

New Delhi, April 7 Leading retail players reported strong double-digit revenue growth in the fourth quarter of FY26, driven by a stable demand environment and resilient macroeconomic conditions.Listed retail companies such as Trent, Avenue Supermarts (D-Mart), and V-Mart reported around 20 per...

New Delhi, April 7: Global geopolitical tensions are beginning to weigh on India's economic outlook, but the country is still expected to maintain steady growth, with GDP growth projected at 6.2 per cent for FY2027, a report said on Tuesday.The data, compiled by Morgan Stanley, projects...

New Delhi, April 6 – Moody’s Ratings maintained India’s sovereign credit rating at Baa3 with a stable outlook on Monday.In its latest report, the agency said India’s stable outlook reflects improving fiscal indicators since the pandemic and relatively resilient economic growth compared to...

New Delhi, April 6: India's economic growth is expected to remain robust despite rising global uncertainties, with GDP projected to expand at 6.7 per cent in FY27, a new report said on Monday.While ongoing geopolitical tensions in West Asia may present some challenges, data compiled by...

New Delhi, April 6 – India’s fish production has more than doubled over 10 years, reaching 197.75 lakh tonnes in 2024-25 from 95.79 lakh tonnes in 2013-14, according to a fact sheet released by the Central government on Monday, making it the second largest producer of marine products in the...

New Delhi, April 5: India's pharmaceutical exports reached over $28 billion by February of the current financial year, registering a growth of more than 5 per cent compared to the same period last year, a senior government official has said.Speaking at the inaugural session of ‘Chintan Shivir...

New Delhi, April 5 – India is increasingly emerging as a new stable core in a volatile global environment, even as geopolitical tensions and energy shocks continue to rattle financial markets, according to the latest monthly report by Quant Mutual Fund.The fund, led by Sandeep Tandon...

New Delhi, April 4: The share of micro, small, and medium enterprises (MSMEs) in India's GDP will rise to 40 per cent by 2030, from about 30 per cent currently, a report said on Saturday.The report from B2K Analytics stated that India's GDP is projected to reach Rs 537.96 trillion by 2030 if...

New Delhi, April 3 – Japan's Ministry of Foreign Affairs has established a new Japan-India Economic Affairs Division to help Japanese companies invest in India, as part of its strategy to strengthen bilateral economic ties."Through the establishment of the Japan-India Economic Affairs...