economic growth

New Delhi, March 23 – According to the 2025-26 economic survey report presented to the Delhi assembly by Chief Minister Rekha Gupta on Monday, Delhi's per capita income at current prices is likely to reach Rs 5,31,610, registering a growth of 7.92 per cent over 2024-25.The Chief Minister...

Bharat Electricity Summit 2026: Power Minister Stresses Energy Security, Sector Reforms at Ministerial Meet Focus on Energy Security and Growth at National Power Meeting New Delhi, March 20: As the Bharat Electricity Summit 2026 entered its second day on Friday, a national power ministerial...

India Aims to Boost Sports Equipment Exports to USD 8.1 Billion by 2036, Create 5.4 Million Jobs New Delhi, March 19 – India has the potential to significantly expand its sports equipment exports to USD 8.1 billion and generate around 5.4 million additional jobs by 2036, according to a report...

India’s Bioeconomy Surges to $195 Billion, Aiming for $300 Billion by 2030 New Delhi, March 19 – India’s bioeconomy has witnessed remarkable growth, expanding to over $195 billion by 2025 from approximately $10 billion in 2014, Union Minister Dr Jitendra Singh stated on Thursday.Speaking at...

ADB to Provide $10 Billion Financing to Pakistan Under 2026-30 Strategy New Country Partnership Strategy Targets Sustainable and Inclusive Growth Islamabad, March 19: The Asian Development Bank is expected to extend approximately $10 billion in financing to Pakistan over the next five years as...

RBI Needs to Revisit Investor Criteria, Support Financial Sector Consolidation: M Rajeshwar Rao Calls for Regulatory Flexibility to Enable Growth and Capital Formation Mumbai, March 18 Former Reserve Bank of India Deputy Governor M Rajeshwar Rao on Wednesday urged a re-evaluation of investor...

Household Savings Rise to 21.7% of GDP, Food Inflation Turns Negative in FY26 Savings Rate Strengthens as Government Pushes Income Growth and Stability New Delhi, March 17: Household savings as a share of India’s GDP have increased to 21.7% in 2024-25, up from 20% in 2022-23, according to the...

India’s Economy Remains Resilient Despite Middle East Conflict, Says Piyush Goyal Strong Economic Fundamentals Help India Navigate Global Uncertainty New Delhi, March 14: Union Commerce and Industry Minister Piyush Goyal said on Saturday that India’s economy remains resilient despite the ongoing...

India Emerges as Fastest Growing Major Economy with Strong Market Transformation: IMF India’s Growth Momentum Outpaces Global Peers New Delhi, March 14: India’s economy continues to outperform major global peers, supported by strong growth momentum and a gradual structural transformation in its...

India’s Services Exports Reach $348.4 Billion in April to January FY26, Strengthening Role in Economic Growth Services Exports Maintain Strong Momentum in FY26 India’s services exports continued to demonstrate strong momentum in FY2025-26, supported by steady global demand for Indian services...

US Job Openings Rise to Nearly 7 Million in January, Signaling Mixed Signals in Labor Market Job Openings Increase Despite Signs of Hiring Slowdown Job openings in the United States rose to nearly 7 million in January, surpassing market expectations even as the broader labor market continues to...

Fed’s Key Inflation Gauge Rises in January as Core Prices Hit Nearly Two-Year High The Federal Reserve’s preferred inflation gauge showed persistent price pressures in January, even before geopolitical tensions triggered a sharp surge in global energy costs.Data released by the U.S. Commerce...

South Korea’s Per Capita Income Rises Slightly in 2025 as Weak Won Limits Dollar Gains Per Capita GNI Stays in the $36,000 Range South Korea’s per capita income recorded only marginal growth in 2025, as the depreciation of the Korean won against the US dollar offset stronger gains in local...

Exports Support Annual Growth but Economy Shrinks in Final Quarter South Korea’s economy expanded by 1 percent in 2025, supported largely by strong export performance, although the country recorded negative growth in the final quarter of the year, according to data released by the Bank of Korea...

Iran's Leadership Transition Sparks Concerns for China's Strategy Global Attention Focuses on Iran's Future Leadership The death of Iran’s Supreme Leader, Ayatollah Ali Khamenei, has created uncertainty regarding the country's leadership, drawing global attention and prompting analysts to debate...

Punjab Budget 2026-27: Harpal Singh Cheema Presents ₹2.60 Lakh Crore Plan, Says All Promises to People Fulfilled Punjab Government Unveils ₹2,60,437 Crore Budget Ahead of 2027 Polls Chandigarh, March 8: Punjab Finance Minister Harpal Singh Cheema on Sunday presented the state budget for the...

AI Could Add Up to $149.9 Billion in Value for Manufacturing MSMEs by 2035: PwC India-ORF Report New Delhi, Saturday, March 7: Artificial intelligence is set to play a significant role in transforming India’s manufacturing sector, with the potential to add between $135.6 billion and $149.9...

India’s Billionaire Count Rises to 308 in 2026, Wealth Surges to ₹112.6 Trillion: Hurun Report India Ranks Third Globally in Number of Billionaires India now has 308 billionaires, an increase of 24 individuals from last year, according to the Hurun Global Rich List 2026 released on Saturday. The...

China Lowers GDP Target to 4.5% to 5% Amid Trade Tensions and Domestic Economic Pressures Beijing, March 5: China has lowered its gross domestic product growth target to a range of 4.5 percent to 5 percent for the current year, citing escalating global uncertainties, trade tariff tensions with...

India’s Real GDP Growth Estimated at 7.6% in FY 2025-26; Statistical System Undergoes Major Modernisation New Delhi, February 28: India’s real GDP is now estimated to grow by 7.6 per cent in FY 2025-26, signalling strong and sustained economic expansion, according to an official statement. The...