Economy

  • Government to Mobilise Rs 8 Lakh Crore via Bonds in H1 of FY26

    The Indian government plans to raise Rs 8 lakh crore through dated securities in the first half (H1) of the financial year 2025-26 to bridge the fiscal deficit. This is part of the total gross market borrowing of Rs 14.82...

    Last updated on March 28th, 2025 02:21 pm
  • S&P Lowers India’s Growth Forecast for FY26 to 6.5%

    S&P Global has revised India's GDP growth forecast for the financial year 2025-26 (FY26) down by 20 basis points (bps) to 6.5%, compared to its earlier estimate of 6.7%. The forecast assumes a normal monsoon season and stable commodity prices,...

    Last updated on March 26th, 2025 12:11 pm
  • Lok Sabha Passes Finance Bill 2025: Key Highlights and Implications

    On Tuesday, March 25, 2025, the Lok Sabha passed the Finance Bill 2025 along with 35 government amendments. One of the key amendments includes the abolition of the six per cent digital tax on online advertisements. The passage of the...

    Last updated on March 26th, 2025 10:49 am
  • Centre Notifies 24% Hike in Salaries and Pensions for MPs

    The Central Government on March 24, 2025, officially notified a 24% increase in the salaries of Members of Parliament (MPs), with the revised pay structure coming into effect from April 1, 2023. This marks the first revision since April 2018...

    Last updated on March 25th, 2025 05:40 pm
  • India’s GDP Doubles in a Decade: A Remarkable Economic Milestone

    India has achieved a historic economic milestone by doubling its Gross Domestic Product (GDP) from $2.1 trillion in 2015 to $4.3 trillion in 2025, marking a 105% increase. This extraordinary growth rate is the fastest among major global economies. The...

    Last updated on March 25th, 2025 12:47 pm
  • U.S., U.K. Replace Gulf Nations as Top Source of Remittances into India: RBI Bulletin

    The Reserve Bank of India (RBI) has highlighted a significant shift in the source of inward remittances to India, with developed nations like the United States and the United Kingdom surpassing Gulf countries as the top contributors. According to the...

    Last updated on March 24th, 2025 05:21 pm
  • India Imposes Anti-Dumping Duty on Five Chinese Products

    To protect domestic industries from unfairly priced imports, India has imposed anti-dumping duties on five Chinese products: Soft Ferrite Cores, vacuum insulated flasks, aluminium foil, Trichloro Isocyanuric Acid, and Poly Vinyl Chloride (PVC) Paste Resin. These products were being exported...

    Last updated on March 24th, 2025 04:51 pm
  • First-Ever Export of Anthurium Flowers from Mizoram to Singapore

    In a major milestone for India’s floriculture sector, particularly from the North Eastern Region (NER), the Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the first-ever export of Anthurium flowers from Mizoram to Singapore. The consignment, consisting...

    Last updated on March 24th, 2025 02:28 pm
  • Government Notifies Revisions to MSME Investment and Turnover Criteria: Effective April 1, 2025

    The Government of India has announced a major revision in the investment and turnover criteria for the classification of Micro, Small, and Medium Enterprises (MSMEs). The changes, which will take effect from April 1, 2025, are aimed at enhancing business...

    Last updated on March 24th, 2025 02:14 pm
  • India’s Net FDI Declines to $1.4 Billion in 2024-25 Amid Rising Outward Investments

    India's net Foreign Direct Investment (FDI) witnessed a significant decline, dropping to $1.4 billion during April 2024–January 2025 from $11.5 billion in the same period a year ago. This decline was attributed to increased repatriation by investors and a rise...

    Last updated on March 20th, 2025 10:43 am