India to remain world's fastest growing economy in FY26: OECD

IANS | December 2, 2025 9:56 PM

New Delhi, Dec 2 (IANS) India remains the world’s fastest-growing major economy with an expected growth of 6.7 per cent in 2025-26, driven by higher private consumption and buoyant government expenditure on infrastructure projects, according to the economic outlook report released by the Organisation for Economic Co-operation and Development (OECD) on Tuesday.

Manufacturing sector accounts for 78 per cent of foreign technical collaborations: RBI

IANS | December 2, 2025 9:50 PM

New Delhi, Dec 2 (IANS) The foreign technical collaboration (FTCs) in the manufacturing sector entities accounted for 78.4 per cent of the total reported FTCs, of which, machinery and motor vehicles together accounted for 30.6 per cent, while FTCs in the services sector constituted 16.6 per cent between financial year 2023-2025 (FY23-25), data from Reserve Bank of India (RBI) showed on Tuesday.