Daily Latest News
New Delhi: India’s household savings continued their downward trajectory for the third consecutive year, slipping to 18.1 per cent of GDP in the financial year 2023–24 (FY24), according to CareEdge Ratings. The report added that gross domestic savings declined to 30.7 per cent of GDP in FY24, down from 32.2 per cent in FY15. Meanwhile,…
Last Updated:June 08, 2025, 09:10 is PM Modi’s third term has brought a period of remarkable political dynamism, typified by decisive policy clarity, an undeniable rise in global stature, and firm political control Modi took office as the Prime Minister for the third time on June 9, 2024, following another decisive victory in the Lok…
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…