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Union territories can access Centre's 50-year interest-free loan for FY26 in infra push

New Delhi, May 6 -- New Delhi: Union territories will be allowed to borrow from the Centre's 50-year interest-free loan scheme for capital expenditure starting FY26, two people aware of the matter tol... Read More


India climbs three spots to 130 on UNDP Human Development Index; shows strong gains in health, education, and AI

New Delhi, May 6 -- India has climbed three spots on the Human Development Index (HDI), ranking 130 in 2023, up from 133 in 2022, according to a United Nations Development Programme (UNDP) report rele... Read More


India's economy seen stable even if tensions with Pakistan rise: Moody's

New Delhi, May 5 -- India's macroeconomic stability is likely to hold firm even if tensions with Pakistan escalate in the coming days, but an increased defence spending could slow the country's fiscal... Read More


Sitharaman to lead Indian delegation at ADB annual meet in Milan

New Delhi, May 4 -- Finance minister Nirmala Sitharaman will lead the Indian delegation to the annual meeting of the board of governors of the Asian Development Bank (ADB), being held in Milan, Italy,... Read More


Indian economy can hit 6.5% growth if US trade deal finalized by Oct: Niti Aayog member Arvind Virmani

New Delhi, May 4 -- India could grow at 6.5% in FY26-defying projections-if a trade deal with the US is wrapped up in the next six months, Niti Aayog member Arvind Virmani said. "No matter the global... Read More


Mfg sector growth hits 10-month high in April

New Delhi, May 3 -- India's manufacturing sector expanded at its fastest pace in 10 months in April, driven by strong demand and a sharp rise in output, a private survey released on Friday said. The H... Read More


India's economy will surpass IMF's projections for FY26, says finance secretary

New Delhi, May 2 -- India's economy will potentially grow at between 6.3% and 6.8% in 2025-26, likely settling near the midpoint of that range and surpassing the International Monetary Fund's (IMF) fo... Read More


NITI Aayog's investment friendliness index to rank states on four key pillars

New Delhi, May 2 -- Government think-tank NITI Aayog's upcoming Investment Friendliness Index to rank states on dimensions of opportunity and risk will likely have four or more sub-indicators for a de... Read More


PMI data: India's manufacturing growth hits 10-month high in April

New Delhi, May 2 -- India's manufacturing sector expanded at its fastest pace in 10 months in April, driven by strong demand and a sharp rise in output, a private survey released on Friday said. The ... Read More


Deloitte sees Indian economy picking up as tax stimulus to offset tariff woes

New Delhi, May 1 -- Deloitte expects India's economy to grow at a slightly faster pace in the ongoing financial year, breaking away from other international heavyweights that recently cut their projec... Read More