Economic News

India to be the fastest growing Asian economy in FY23: Morgan Stanley

August 11, 2022

India is expected to be the fastest-growing Asian economy in …

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India and EU to hold next round of FTA talks in early October

August 11, 2022

India is expected to hold the next round of FTA …

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Luxury retail brands to expand operations; scout for talent

August 11, 2022

Luxury retail companies are scouting for talent in India to …

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Fintech market to see US$ 1 trillion in AUM, US$ 200 billion in revenue by 2030

August 10, 2022

India’s Financial Technology (fintech) market is expected to achieve US$ …

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Merchants using softPoS solutions to grow by 475% by 2027

August 9, 2022

The total number of merchants making use of software-only softPoS …

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India’s outbound tourism to cross $42 billion by 2024: Report

August 8, 2022

Outbound trips from India will surpass US$ 42 billion in …

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Deadline for design-linked plan under telecom PLI extended to August 25

August 6, 2022

The government has extended the deadline to submit applications for …

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E-way bills in July the second highest since 2018

August 5, 2022

E-way bills generated for inter-state commerce grew by 18% YOY, …

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FMCGs to see double-digit growth this year

August 4, 2022

According to market research firm Nielsen’s projections, the FMCG industry …

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India home to 75K startups: Piyush Goyal

August 4, 2022

India is currently home to 75,000 startups in the 75th …

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UPI reaches 6 billion transactions in July

August 3, 2022

Digital payments have become an integral part of our lifestyles. …

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GST collection grows by 28% YOY in July ‘22

August 2, 2022

The GST collection in July increased by 28% YoY to …

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Core sector output grows by 12.7%

August 1, 2022

India’s core sector output grew by 12.7%, according to data …

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Credit growth to MSMEs increase to INR 52,800 crores by mid-July FY23

August 1, 2022

Credit growth to the MSME sector increased by INR 52,800 …

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ISRO earns US$ 279 mn in foreign exchange

July 28, 2022

ISRO has earned US$ 279 million dollars in foreign exchange …

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