New Delhi, June 5 (IANS) India is expected to surpass China in terms of its share of global GDP measured in purchasing power parity (PPP) by 2060, a report has said.The report from Paris School of Economics (PSE)-based World Inequality...
New Delhi, June 5 (IANS) The current government led by Prime Minister Narendra Modi is committed to further drive the “Reform Express” with decisive policy measures to ensure positive economic momentum amidst global challenges, Finance Minister Nirmala Sitharaman said on...
New Delhi, June 5 (IANS) Industry chamber ASSOCHAM on Friday praised Reserve Bank of India's decision repo rate pause as steps to support trade and industry, as stable rate shields growth from supply‑side shocks.Nirmal Kumar Minda, President, ASSOCHAM said stable...
New Delhi, June 5 (IANS) Prime Minister Narendra Modi said on Friday that India's growth momentum remains strong and the Union government would leave no stone unturned to further 'ease of living', 'ease of doing business' and increase opportunities for...
New Delhi, June 5 (IANS) Bilateral trade between India and the Philippines reached $3.9 billion in 2025–26, demonstrating a strong upward trajectory, the government said on Friday.The 14th meeting of the India-Philippines Joint Working Group on Trade and Investment (JWGTI)...
Mumbai, June 5 (IANS) Philanthropic organisation Tata Trusts on Friday rejected allegations about a 1989 share transfer by the Navajbai Ratan Tata Trust to the late Naval H. Tata, calling them unfounded and a malicious attempt to damage the reputation...
New Delhi, June 5 (IANS) The RBI’s repo rate decision reflects the wait-and-watch approach to assess the evolving impact of external developments and their implications for domestic growth and inflation before going for interest rate adjustments, industry leaders and economists...
New Delhi, June 5 (IANS) The central government on Friday issued the Income‑tax (Amendment) Ordinance, 2026, exempting foreign investors from paying taxes on interest income and capital gains arising from investments in government securities.The ordinance, effective April 1, 2026, amends...
New Delhi, June 5 (IANS) Jan Samarth Portal has processed around 54.10 lakh credit applications amounting to Rs 3,00,951 crore and enabled digital approvals for 49.55 lakh beneficiaries totalling Rs 2,76,493.78 crore, an official statement said on Friday.The portal, launched...
Mumbai, June 5 (IANS) Indian equity markets ended lower on Friday as investors reacted to the Monetary Policy Committee (MPC) decision and continued to assess global economic uncertainties.The benchmark indices closed lower, with the Nifty declining 49.85 points, or 0.21...
New Delhi, June 5 (IANS) China strategy of taking up economic projects such as the Belt and Road Initiative (BRI) in developing countries with the objective of extending its geopolitical clout across regions appears to have run into a hurdle...
New Delhi, June 5 (IANS) State-owned Maharatna company Oil India Limited on Friday announced a fresh discovery of natural gas in its third exploratory well in the Andaman shallow offshore block, marking another significant indication of hydrocarbon presence in the...