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India's core sector output grows 0.7% in May

New Delhi, June 20 -- The output of eight core infrastructure sectors, which account for two-fifths of India's industrial output,expanded by 0.7% in May, the ministry of commerce & industry said on Fr... Read More


India Inc could unlock $2 trillion opportunity in 18 high-growth sectors by 2030: McKinsey

New Delhi, June 19 -- Indian companies could emerge as major players in shaping the global economy over the next decade, with 18 high-potential sectors poised to generate $1.7-2 trillion in revenue by... Read More


Global FDI shrinks for second year in 2024, UN warns of worsening outlook for 2025

New Delhi, June 19 -- Global foreign direct investment (FDI) declined 11% in calendar year 2024 to $1.5 trillion, marking a second consecutive year of double-digit contraction, while international pro... Read More


Nirmala Sitharaman urges fintechs to tap rural markets, strengthen cybersecurity

New Delhi, June 18 -- Finance Minister Nirmala Sitharaman on Wednesday urged the fintech industry to shift its focus beyond urban markets and lead the next wave of innovation in rural and agricultural... Read More


Piyush Goyal visits UK to fast-track FTA, strengthen economic ties

New Delhi, June 18 -- Commerce and industry minister Piyush Goyal began a two-day official visit to the UK on Wednesday, seeking to fast-track the India-UK Free Trade Agreement (FTA) and advance broad... Read More


Unemployment rate climbs to 5.6% in May as rural farm jobs decline post harvest

New Delhi, June 16 -- India's unemployment rate rose to 5.6% in May from 5.1% in April, driven largely by a shift in rural employment away from agriculture, according to data released Monday by the Mi... Read More


India well-positioned amid global trade gloom, tariff wars: SBI Capital Markets

New Delhi, June 16 -- Despite a modest improvement in May 2025, global volatility lingers amid a bleak trade outlook and prolonged tariff wars, though India remains well-positioned, supported by fisca... Read More


India's wholesale inflation drops to 14-month low in May

New Delhi, June 16 -- According to provisional data, India's wholesale price index-based inflation fell to a 14-month low of 0.39% in May, down from 0.85% in the previous month. The drop in the annua... Read More


India's household savings show a sustained fall; liabilities rise: CareEdge

New Delhi, June 15 -- India's gross domestic savings fell to 30.7% of GDP in FY24, down from 32.2% in FY15, driven by a sustained decline in household savings, CareEdge Ratings said in a recent report... Read More


Retail inflation cools to 6-yr low of 2.82% in May

New Delhi, June 13 -- Retail inflation in India cooled to its lowest level in over six years in May, helped by a sharp moderation in food prices, according to provisional government data released Thur... Read More