Economy
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Pradhan Mantri Matsya Sampada Yojana revolutionises fisheries and rural economy in Chhattisgarh
chhattisgarh | Dec 31, 2024, 12:31 PM ISTBy converting abandoned quarries into employment hubs, Chhattisgarh is not only strengthening its rural economy but also demonstrating the immense potential of India's fisheries sector under the Pradhan Mantri Matsya Sampada Yojana.
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Mahakumbh Mela 2025: How will the grand event boost economy of Uttar Pradesh? EXPLAINED
Explainers | Dec 30, 2024, 01:30 PM ISTMahakumbh 2025 is gearing up to be a global cultural spectacle. Preparations are in full swing, reflecting Chief Minister Yogi Adityanath-led government's vision of a grand and spiritually elevating Mahakumbh in Prayagraj.
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India's growth projected at 7%; govt spending, agriculture to boost economy: ADB report
Budget | Sep 25, 2024, 04:11 PM ISTIndia's economy has shown remarkable resilience in the face of global geopolitical challenges and is poised for steady growth, ADB Country Director for India Mio Oka said.
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GST collections surge by 10.3 per cent in July, cross Rs 1.82 lakh crore mark
Business | Aug 01, 2024, 07:57 PM ISTIn a positive economic development, the government announced that July's Gross Goods and Services Tax (GST) collections have surged by 10.3%, reaching over Rs 1.82 lakh crore. This marks a significant improvement from the same period last year.
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Maldives: Muizzu thanks India, China for helping its fragile economy in major foreign policy shift
World | Jul 28, 2024, 05:10 PM ISTThe marked change in his policy towards India came as in May this year the International Monetary Fund (IMF) warned the Maldives that it faces a high risk of debt distress without significant policy changes.
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Japan's population declines for 15th consecutive year, birth rates hit a record low
World | Jul 25, 2024, 10:09 AM ISTJapan's population peaked at 127 million in 2009 and has been declining ever since, with low birth rates and high mortality rates. Surveys show young Japanese are reluctant to marry and have children due to bleak job prospects and high cost-of-living.
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China's economic growth sharply below forecast in last quarter as consumer demand weakens
World | Jul 15, 2024, 12:26 PM ISTThe economists cited weak consumer demand and reduced government spending as possible causes for the development.
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Retail inflation surges to 5.08 per cent in June, Industrial production jumps to 5.9, says Govt
Business | Jul 12, 2024, 05:59 PM ISTRetail inflation increased to 5.08 per cent in June as kitchen items became dearer, according to government data released today. The industrial production grew 5. 9 per cent in May this year, mainly due to good show by mining and power sectors.
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India's fizzling monsoon could prolong heatwave in north: Report
India | Jun 12, 2024, 02:43 PM ISTIndia's monsoon rains have hit a snag after reaching western regions ahead of schedule, potentially delaying their spread to northern and central states, according to senior weather officials. The India Meteorological Department (IMD) reported that the monsoon has slowed after reaching Maharashtra.
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Heatwave In India: Can heatwave impact economy? What all sectors are in danger?
Entertainment | May 25, 2024, 05:36 PM ISTHeatwave In India: India is facing severe heatwaves and The India Meteorological Department has issued a red alert for several states until May 28th. In Rajasthan's Barmer, the temperature reached a scorching 48.8 degrees Celsius, the highest recorded this year.
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India all set to overtake Japan as fourth largest economy by 2025, predicts Amitabh Kant
Business | May 12, 2024, 02:40 PM ISTIndia's GDP grew at a massive 8.4 per cent during the October-December quarter of the financial year 2023-24, and the country continued to remain the fastest-growing major economy and is poised to maintain its growth trajectory going ahead.
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Industrial production grows 4.9 per cent in March, 5.8 per cent in FY24
Business | May 10, 2024, 06:37 PM ISTThe manufacturing sector, which provides quality jobs to the young graduates passing out from the country’s universities and engineering institutes, posted a 5.2 per cent growth during the month.
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US Federal Reserve indicates three interest rate cuts in 2024 | How it impacted Indian stock market?
Business | Mar 21, 2024, 01:03 PM ISTThe projections shared by the US Federal Reserve indicated the continuation of strong economic growth despite inflation remaining 'inflated'. This step caused global stocks to rally on Thursday, while the Indian rupee showed gains of 14 paise in the morning.
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'Robust 8.4 per cent GDP growth in Q3 2023-24 shows strength of Indian economy': PM Modi
Business | Feb 29, 2024, 10:26 PM ISTIndian GDP growth: The NSO, in its second advance estimate of national accounts, pegged the country's growth at 7.6 per cent for 2023-24. It had projected a growth of 7.3 per cent for the current fiscal in its first advance estimates released earlier in January 2024.
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How India's economy under PM Modi offers 'real alternative' to China?
World | Feb 28, 2024, 08:37 PM ISTIndia's stock market is hitting record highs while China is facing an economic crisis plagued by a property crisis and high unemployment. Market watchers are hopeful of a third term of PM Modi-led BJP for greater predictability of future economic policies.
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India’s poverty level falls below five per cent, urban-rural consumption gap narrowing: NITI Aayog
Business | Feb 26, 2024, 12:09 PM ISTPeople were categorised into 20 different groups in the survey, which revealed the data that the average per capita monthly expenditure in the rural areas is Rs 3,773, and in the urban areas is Rs 6,459.
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UK economy enters recession in second half of 2023 after shrinking 0.30 per cent
Business | Feb 15, 2024, 02:03 PM ISTThe Bank of England remains optimistic about the economy's prospects for 2024, expecting a rebound in growth.
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Japan slips into recession, Germany overtakes as world’s third-largest economy
Business | Feb 15, 2024, 12:24 PM ISTPreviously the second-largest economy behind the US, Japan fell to the third-largest in 2010 amid an expanding Chinese economy.
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India will become third-largest economy in my 3rd term, guarantees PM Modi in Abu Dhabi
World | Feb 13, 2024, 10:32 PM ISTPM Modi asserted that the world looked towards India as a 'Vishwa Bandhu' as India is the first responder to any major crisis. He said India is being recognised on the global stage for its mega infrastructure projects, vibrant tourism and sports power.
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Nation first, multiple reforms, tough decisions: White Paper shows how NDA revived economy
Business | Feb 08, 2024, 07:52 PM ISTPresenting the White Paper on UPA's economic mismanagement in 10 years, Finance Minister Nirmala Sitharaman said that the NDA government has overcome the crisis of those years, and the economy has been put firmly on a high sustainable growth path with all-round development.