Service Sector Creates 3X More Jobs Than Manufacturing: NITI Aayog
New NITI Aayog data shows India's service sector generated 3.7X more employment than manufacturing between 2017-2023, signaling a major shift in the country's job landscape.
Category : Economy
India's industrial growth hits 3-month low at 5.8%
India's industrial output growth slowed to 5.8% in September, marking the weakest performance in three months. Manufacturing and mining sectors show concerning deceleration despite overall economic resilience.
Central Bank Bonanza: Global Policy Shift Explained
Major central banks worldwide are coordinating policy moves, creating a financial windfall for markets. Discover how RBI, Fed, and Bank of Japan decisions will impact inflation, loans, and investments in India.
India's R&D Spending Stagnates at 0.7% of GDP
New data reveals India's R&D expenditure remains stagnant at 0.7% of GDP, with private sector contribution lagging despite government incentives. Discover the challenges and opportunities in India's innovation ecosystem.
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India's Economy Shines: Strong Growth, Easing Inflation
India's economic outlook remains strong with sustained growth momentum and easing inflation pressures, according to the latest Finance Ministry report. Discover key insights driving the nation's economic trajectory.
Bihar's Economic Miracle: From Laggard to Leader
Discover how Bihar transformed from India's economic backbencher to a growth powerhouse, with groundbreaking reforms and strategic investments rewriting its development story.
India's Economy Shows Strong Growth, Moderating Inflation
India's economy demonstrates remarkable resilience with strong GDP growth, moderating inflation, and robust GST collections signaling sustained economic momentum through September.
RBI: Why Indian manufacturers hesitate despite cheaper inputs
Exclusive insights from RBI's Saugata Bhattacharya reveal why Indian manufacturers remain cautious despite declining global commodity prices and what this means for India's economic growth.
India's Economy Set for Robust FY26 Growth
India's finance ministry projects strong economic growth for FY26, driven by sustained policy reforms, stable inflation, and robust domestic demand. Discover the key factors powering India's economic trajectory.
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GST Cuts to Fuel India's Economic Boom: Finance Ministry
India's Finance Ministry projects significant economic acceleration following recent GST rate cuts, with positive indicators across manufacturing, services, and consumption sectors.
Indian Economy Gains Momentum in Q2 FY26 Despite Tariffs
Despite higher tariffs in August, India's economy gained significant momentum in Q2 FY26, driven by robust manufacturing, services, and investment activity according to Finance Ministry data.
India's Core Sector Grows 6.7%, Steel Surges 12.3%
India's eight core industries show robust 6.7% growth in December 2023, with steel production soaring 12.3% and electricity generation rising 8.4%. Discover how this momentum signals strong economic recovery.
India May Extend RBI Inflation Target Beyond 2026
India considers extending flexible inflation targeting framework beyond 2026 deadline. RBI's monetary policy approach balances growth and price stability in evolving economic landscape.
India's First Household Income Survey: Tough Task Ahead
Exclusive insights from Mospi Secretary Saurabh Garg on India's groundbreaking household income survey - the challenges, methodology, and why this data could revolutionize economic policymaking.
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India's Inflation Measurement Gets Major Overhaul
India's statistics ministry announces groundbreaking changes to inflation calculation methodology with new CPI series launching next year after extensive public consultation.
Tamil Nadu's $1 Trillion Economy Goal: Reality Check
Tamil Nadu sets sights on becoming India's first $1 trillion economy by 2030. Explore the challenges, opportunities, and expert opinions on this ambitious goal.
PM Modi's Swadeshi Push Fuels Record Diwali Sales
Prime Minister Narendra Modi's call for 'Swadeshi' shopping combined with strategic GST reductions creates unprecedented festive boom. Discover how domestic manufacturing and tax reforms are reshaping India's retail landscape this Diwali season.
India's Economic Surge: Festive Season to Fuel H2 FY26 Growth
India's economic outlook shines bright as robust domestic demand, festive season sales, and continued government spending are set to drive strong growth in the second half of FY26, according to latest reports.
India's Domestic Consumption to Drive H2 2024 Growth
SBI Capital Markets forecasts India's economy will maintain robust growth in second half of 2024, with domestic consumption offsetting global slowdown pressures. Key sectors driving expansion revealed.
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IMF: India to grow 6.6% in 2025 despite US tariffs
The International Monetary Fund remains bullish on India's economic prospects, forecasting robust 6.6% growth in 2025 while warning of global uncertainty and US tariff impacts on world trade.
India's Consumption Boom to Drive 7% GDP Growth
SBI Capital Markets report reveals India's domestic consumption is becoming the primary growth engine, potentially offsetting global trade challenges and positioning the economy for robust 7% expansion.
Govt's MSP Protection Plan to Prevent Farmer Distress Sales
Exclusive: Government prepares comprehensive strategy to prevent distress sales by farmers and ensure MSP effectiveness amid price fluctuations. New procurement mechanisms underway.
Indian Railways' ₹2.52L Cr Mega Capex Drive for Modernization
Indian Railways accelerates infrastructure revolution with record-breaking capital expenditure targeting network expansion, modernization, and passenger experience enhancement across the nation.
India's Private Sector Growth Cools in June: HSBC PMI
India's private sector activity expanded at a slower pace in June 2024, with HSBC Flash PMI falling to 60.3 from May's stellar 61.7. While manufacturing remains robust, services sector growth shows signs of cooling amid rising input costs.
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India's Rising Public Debt: Economic Impact Explained
India's public debt is climbing towards 85% of GDP. Discover what this means for your finances, economic growth, and why fiscal deficit matters more than you think.
RBI Flags State Fiscal Risks Amid Election Spending Spree
The Reserve Bank of India warns of rising fiscal risks in state governments as pre-election spending pushes up bond yields. Learn how this impacts India's economy.
India's Mega Disinvestment: IDBI Bank Sale & IPO Surge
Indian government accelerates disinvestment with strategic stake sales in IDBI Bank, OFS offerings, and IPO pipeline to boost capital receipts and meet asset monetisation targets in FY25.
India to Overtake Germany as 3rd Largest Economy by 2030
India's economy is poised for historic growth, projected to surpass Germany and claim the third spot globally by 2030. Discover the key drivers behind this remarkable economic transformation.
India's Diwali Spending Hits ₹6 Lakh Crore Record
Indian consumers shattered records this Diwali season, spending an unprecedented ₹6 lakh crore as GST reductions fueled unprecedented shopping enthusiasm across the nation.
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Karnataka's High-Impact Projects to Boost Economy
Karnataka government launches ambitious initiative to identify and implement high-impact infrastructure projects across the state, focusing on economic growth and regional development.
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