Decline in inflation paves way for higher GDP growth

IANS | March 13, 2025 6:22 PM

New Delhi, March 13 (IANS) The decline in retail inflation to a level that is below the RBI’s targeted level of 4 per cent is expected to pave the way for accelerating GDP growth ahead as it provides the central bank with more headroom to cut interest rates and expand liquidity to spur economic activity and create more jobs.

Passenger vehicle sales surge to record high in February: SIAM

IANS | March 13, 2025 2:46 PM

New Delhi, March 13 (IANS) The Indian automobile industry registered record passenger vehicles sales, which includes cars and SUVs, in February this year along with a strong growth in the three-wheeler segment, according to data from the Society of Indian Automobile Manufacturers (SIAM) released on Thursday.

India’s GDP growth to surpass 6.5 per cent in 2025-26: Moody’s

IANS | March 13, 2025 1:21 PM

New Delhi, March 13 (IANS) India's GDP growth is expected to exceed 6.5 per cent during 2025-26 -- on the back of higher government capex and increase in consumption due to the reduction in income tax and the RBI’s cut in interest rates, according to a Moody’s report.

India’s tea exports surge to 10-year high

IANS | March 13, 2025 11:16 AM

New Delhi, March 13 (IANS) India’s tea exports touched a 10-year high at 255 million kg in 2024 despite the uncertainties in the global market triggered by geopolitical tensions, data compiled by the Tea Board of India shows.