Economy

New Delhi: As US President Donald Trump announced reciprocal tariffs on dozens of countries, including India, industry experts said on Thursday that it appears India's export competitiveness to the US market stands far less impacted on a…
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New Delhi:  The performance of Indian rupee in FY25, when compared with other global currencies, was relatively stable, with a stronger dollar weighing on all major currency pairs, a report showed on Wednesday. However, towards the end…
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New Delhi: The Unified Payments Interface (UPI) transactions soared by 42 per cent year-on-year (YoY) in the second half of 2024, totalling a remarkable 93.23 billion transactions, a new report said on Wednesday. India’s digital payments…
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Mumbai:  President Droupadi Murmu on Tuesday lauded the Reserve Bank for its key role in making India a global leader in digital payments with innovations like UPI revolutionising financial access. Addressing the closing ceremony of the…
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New Delhi: Finance Minister Nirmala Sitharaman will launch the 'NITI NCAER States Economic Forum' portal on Tuesday. The portal, developed by NITI Aayog, in collaboration with the National Council of Applied Economic Research (NCAER), is…
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Bengaluru: The benchmark index Nifty is expected to post a 8–10 per cent annualised return in the next fiscal (FY26) while Sensex is projected to give 8–12 per cent return, according to a new report. The domestic-focused companies are…
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New Delhi:  Billionaire Elon Musk has announced his artificial intelligence company, xAI, has acquired social media platform X for an all-stock transaction of $33 billion. The combination, which "values xAI at $80 billion and X at $33…
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New Delhi:  A total of 171 food processing companies have been approved for assistance under the Production-Linked Incentive Scheme for Food Processing Industry (PLISFPI) and incentives worth Rs 1,155.296 crore has been disbursed, out of…
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New Delhi: Ever since OpenAI released its GPT-4o update, social media platforms like Meta's Instagram and Elon Musk’s X have been flooded with Ghibli-style images. The word ‘Ghibli’ comes from a Libyan Arabic term for a hot desert wind.…
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New Delhi: The global capability centres (GCCs) are projected to contribute 5 per cent to India’s economy by 2030, according to a report released on Friday. The ‘Economic Survey 2024’ had projected a 3.5 per cent contribution to India's…
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