Economic News

Formal job creation picks up in November ‘22

January 27, 2023

India’s formal job creation witnessed a rebound in November 2022 …

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Service exports to surpass US $300-bn target for FY23

January 25, 2023

India’s services exports are expected to increase by 20% in …

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Companies increase campus hiring of women

January 25, 2023

Indian companies are increasing the hiring of women from campuses …

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India to roll out 4G & 5G stack this year: IT Minister

January 24, 2023

India will roll out its own 4G and 5G telecom …

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India’s foreign reserves up by US$ 10.42 billion

January 23, 2023

India’s foreign exchange reserves rose by US$ 10.42 billion to …

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iPhone exports from India reach US$ 1 bn in December ‘22

January 23, 2023

Apple exported smartphones amounting to US $1 billion from India …

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India to become US$ 26 trn economy

January 19, 2023

India’s GDP is expected to become US$ 26 trillion and …

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Bank Credit to Retail and Wholesale Trade Jumped 16% in Nov ‘22

January 18, 2023

Gross bank credit deployed to the retail and wholesale trade …

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India to Boost Allocation for PLI Schemes in Budget ‘23

January 18, 2023

India is expected to increase the allocation for its Production-Linked …

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Govt. launches scheme to incentivize banks for promoting UPI, RuPay

January 17, 2023

The Indian government has announced a scheme to incentivise banks …

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Majority of Indian CEOs optimistic about India’s growth: PwC

January 17, 2023

A majority of Indian CEOs are optimistic about India’s economic …

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India to witness US$ 58 bn investment in oil & gas

January 16, 2023

India is expected to witness an investment of US$ 58 …

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Industrial output up by 7.1% in November ‘22

January 13, 2023

India’s industrial output rose by 7.1% in November 2022, after …

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India to become a US$ 3 trn economy by 2023 fiscal: CEA

January 13, 2023

The Indian economy is expected to become US$ 3 trillion …

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Gross direct tax collections up by 24.58% until Jan ‘23

January 12, 2023

India’s gross direct tax collections increased by 24.58% to INR …

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