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New Delhi: The government has succeeded in meeting its fiscal deficit target for 2024-25, fixed at 4.8 per cent of the gross domestic product (GDP) in the revised budget estimate for the year, data released by the Controller General of Accounts on Friday showed. According to the CGA data, the Central government collected Rs 30.36…
Last Updated:May 26, 2025, 20:37 is Per capita income serves as a useful reference for policymakers and planners as they work to ensure that the benefits of national growth reach all regions and communities. India’s growth, while impressive in absolute terms, has not translated into widespread prosperity. In a landmark development for the global economic…
Traffic Fines In India: The traffic violation fines imposed in India have surpassed the GDP of many small nations, according to a recent survey report by CARS24. According to its 2024 report, approximately 8 crore traffic challans were issued, with total fines amounting to around ₹12,000 crore. This means that almost every second vehicle on…
New Delhi: The Indian automotive sector, which contributes approximately 7 per cent to the country’s GDP, is likely to see 70 per cent workforce expansion in the second half of FY25, a report showed on Thursday. The automotive sector is experiencing a net employment change of 8.5 per cent, with hiring momentum fuelled by growing…
On hearing the budget, heavy words like GDP, fiscal deficit, monetary policy, actimet … are coming to the mind. On February 1, Finance Minister Nirmala Sitharaman will also use such words in the budget speech. To understand the budget, know the meaning of these words . ***** Graphics– Kunal Sharma Source link [ad_3]
mumbai: India’s GDP growth is set to further improve in the second half this year due to macroeconomic stability, supported by significant foreign exchange reserves and a regulated twin deficit, according to a Motilal Oswal Private Wealth (MOPW) report released on Wednesday. The report expects India to continue to be among the highest growing major…
New Delhi: India’s retail inflation rate, based on the Consumer Price Index, fell to a 4-month low of 5.22 per cent in December as prices of vegetables, pulses and sugar eased during the month bringing respite to household budgets, according to figures released by the Ministry of Statistics on Monday. The easing of inflation reflects…
Washington: The Indian economy is expected to be “a little weaker” in 2025 despite steady global growth, IMF Managing Director Kristalina Georgieva has said. Georgieva also said she expects quite a lot of uncertainty in the world this year mainly around the trade policy of the US. In her annual media roundtable with a group…
New Delhi: The Indian economy is projected to grow at a robust 6.8 per cent in the financial year 2025-26, driven by strong high-frequency indicators, according to a Bank of Baroda forecast. The report expects nominal GDP growth to be around 10.5 per cent during the next financial year. It highlights that key indicators of…
Washington: Donald Trump on Tuesday pushed NATO members to boost their defense spending to five percent of GDP, underlining his long-standing claims that they are underpaying for US protection. “They can all afford it, but they should be at five percent not two percent,” the incoming US president told reporters. “Europe is in for a…