India remains the fastest-growing major economy, as China's GDP...
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India’s economy resilient but US trade policies a downside risk, central bank bulletin says
Favourable rainfall and temperature conditions, along with improved...
FM holds inter-ministerial meet on exporters amid US tariffs
Nirmala Sitharaman, Finance Minister According to exporters,...
Financial sector outlook appears bright but needs tight vigil on vulnerabilities Eco Survey
"It also needs to provide insurance protection and retirement security to all citizens. The share of insurance and pension fund assets in GDP stands at 19 per cent and 5 per cent, respectively, in India, compared to a high of 52 per cent and 122 per cent in the US and...
Artificial intelligence (AI) taking root in several spheres of Indian economy: Eco Survey
Vision is for India to evolve as a ‘fintech nation’ with the highest number of fintech firms and the highest fintech adoption rate by incumbents fuelled by digital public infrastructure,” the Survey highlighted "An approach should be evolved for common user data, eg...
Unemployment rate declines to 3.2 pc, job & skill creation top priority: Eco Survey
According to the Survey, key areas of policy focus in the short to medium term include job and skill creation, tapping the full potential of the agriculture sector, addressing MSME bottlenecks, managing India’s green transition, deftly dealing with the Chinese...
Economic Survey pegs India’s GDP growth rate at 6.5-7 pc for 2024-25
India’s economy carried forward the momentum it built in FY23 into FY24 despite a gamut of external challenges. India’s real GDP grew by 8.2 per cent in FY24, exceeding the 8 per cent mark in three out of four quarters of FY24. The focus on maintaining macroeconomic...
Over 34.7 cr Ayushman Bharat cards generated: Economic Survey
“Considering the multiplier effect of low costs, the scheme saves more than 1.25 lakh crore of out-of-pocket expenditure for poor and deprived families,” Finance Minister Nirmala Sitharaman said New Delhi: More than 34.7 crore Ayushman Bharat cards have been...
Need to focus on improving airlines viability; ensure environmental sustainability: Eco Survey
"The aviation industry in India is on the cusp of unprecedented growth, with a strong order book of more than 1500 aircraft placed by Indian airlines and a projected demand for over 2,200 aircraft by 2042," it said. For India to take a leadership position in aviation,...
Eco Survey calls for paradigm shift to counter rising mental health and obesity issues among Indians
Mental health drags down productivity more widely in the ecosystem than individuals' physical health issues, it noted. Quoting the National Mental Health Survey (NMHS) 2015-16 data, the survey said 10.6 per cent of adults suffered from mental disorders in India while...
Lung diseases’ burden much higher than Lancet’s projection: Doctors
"It is going to remain the number one killer and disabling disease with continued bad lifestyle and increasing stress. Yet, there is a lack of understanding of the exact mechanism of formation of these blockages (in the heart's blood vessels). Till we understand the...
Elderly population in India likely to double by 2050: UNFPA India chief
She said as the number of individuals, aged 60 and above, is projected to double to 346 million by 2050, there is a pressing need for increased investment in healthcare, housing and pension schemes New Delhi: India's elderly population is expected to double by 2050,...
FPIs invest Rs 30,772 cr in equities in July so far on sustained growth
The anticipation of a reform-oriented budget has also lifted investor sentiment, Himanshu Srivastava, Associate Director - Manager Research at Morningstar Investment Research India, said New Delhi: Foreign investors injected Rs 30,772 crore into Indian equities so far...