India’s domestic economy remains steady amidst global uncertainties, driven by robust growth in the services sector, a rebound in agriculture, and the industrial sector picking up momentum on the back of rising private consumption, according to the Economic Survey tabled in Parliament on Friday. As per the first advance estimates...
The Union Budget 2025-26 is expected to play a role in advancing India’s aim of becoming a $5 trillion economy by promoting policies focused on growth, equity, and efficiency. A pre-budget survey released on Wednesday indicated that economic confidence remains steady among businesses as India prepares for the upcoming...
Sri Lanka’s government has decided to renegotiate a power purchase agreement with India’s Adani Group for its wind power project. Responding to queries on the Adani project, Minister Nalinda Jayatissa clarified that the project has not been suspended, but steps are being taken to amend the prices to ensure...
The Indian aircraft maintenance, repair and overhaul (MRO)industry is expected to see a 50 per cent topline growth to Rs 4,500 crore in FY26 amid fresh demand triggered by airline operators’ expanding fleet size, ratings agency Crisill said on Monday.   The rating agency’s study based on three MRO operators,...
India continues to remain the bright spot globally, supported by its strong macro fundamentals and the government should focus on adherence to fiscal prudence and continue the fiscal consolidation path, a new report has suggested. Nominal GDP growth for FY26 is expected at 10.2 per cent, “assuming a real GDP...
The upcoming Wadhawan Port near the financial capital will help take India into the top-10 among container ports globally by 2034, Union Shipping and Ports Minister Sarbananda Sonowal said   The port off the coast of Dahanu in Maharashtra being developed under a public-private partnership will be able to handle ultra...
The vision of an Atmanirbhar Bharat is a clarion call for transforming India into a global manufacturing powerhouse. The petrochemical industry is a critical pillar of India’s economic development, with strong backward and forward linkages supporting a wide array of downstream industries, including plastics, automobile, textiles, construction, and consumer...
Showcasing advancements in electric vehicles (EVs), hybrid vehicles, and other mobility solutions, auto companies have unveiled over 90 new products ranging from super bikes, cars, to buses and even ambulances in the first two days of Bharat Mobility Global Expo 2025 in the national capital. Some of the major auto...
India and the United States reaffirmed their commitment to fostering secure, reliable, and interoperable digital connectivity and ICT infrastructure during the US-India Information and Communications Technology (ICT) Working Group meeting. The discussions held in New Delhi on Friday highlighted areas of collaboration, including advancements in 5G and 6G networks, artificial...
India and Oman are holding the fifth round of talks for a proposed free trade agreement here to boost bilateral economic ties, an official said on Tuesday. The two-day talks started on January 13, the official said. The negotiations for the agreement, officially dubbed as Comprehensive Economic Partnership Agreement (CEPA), formally...