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Tag: Indian Economy

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India’s Manufacturing PMI Hits 17-Year High of 59.2 in October Amid Festive Demand and GST Reform

India’s manufacturing sector achieved a significant milestone in October 2025 as the Manufacturing Purchasing Managers’ Index (PMI) soared to 59.2—a level not witnessed in...

India’s GST Revenue Jumps 9% in September, Hits All-Time High of ₹1.89 Lakh Crore

India’s Goods and Services Tax (GST) collections registered a strong 9% growth in September 2025, with total receipts reaching ₹1.89 lakh crore. This significant...

India’s Exports Surge 6.7% to $35.1 Billion in August as Imports Fall 10%

India marked a positive turn in its global trade story for August 2025, recording a strong 6.7% rise in merchandise exports that reached $35.1...

India’s Services Sector Growth Hits 10-Month High in June on Surge in New Orders

India's services sector recorded its fastest growth in 10 months this June, powered by a sharp rise in new business orders, both domestic and...

FM Nirmala Sitharaman to Launch ‘NITI NCAER States Economic Forum’ Portal on April 1

Union Finance Minister Nirmala Sitharaman will launch the NITI NCAER States Economic Forum portal on April 1, 2025. The digital platform, developed by NITI...

India’s Exports Shrink While Imports Rise—What It Means for the Economy

India’s merchandise exports fell 2.38% to $36.43 billion in January 2025, reflecting a slowdown in global demand. Meanwhile, imports surged by 10.28% to $59.42 billion, leading to a wider trade deficit...

RBI Cuts Repo Rate for the First Time in Five Years

The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points, bringing it down to 6.25%. This is the first rate...

Economic Survey 2023-24: Every 1 in 2 Indian Graduates Unfit for Employment

Economic Survey 2024 has layed bare India's Skill Gap Crisis. With Sixty five per cent of country's fast-growing population under 35, the Survey estimates...

Fiscal consolidation on track: India’s deficit at Rs 50,615 crore in April-May

New Delhi: India's fiscal deficit for the first two months of the financial year 2025 (April-May) was recorded at Rs 50,615 crore, approximately 3...

India poised to become 4th largest economy, raising concerns in Japan

Much apprehension is growing in Tokyo as India is poised to surpass the Japanese economy to become the 4th largest in the world. Once...

India on track to become $10 trillion economy, set for 3rd largest slot: WEF President

India is on track to become a $10 trillion economy in coming years and grab the third-largest slot soon, World Economic Forum President Borge...

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