New Delhi, Aug 28 (IANS) More than 56 crore bank accounts have been opened under the flagship financial inclusion scheme, Pradhan Mantri Jan Dhan Yojana (PMJDY), in the last 11 years, with total deposits amounting to Rs 2.68 lakh crore, the government said on Thursday.
New Delhi, Aug 28 (IANS) The upcoming Goods and Services Tax (GST) reforms, which aim to cut rates and boost private consumption, could offset the US tariff impact, BMI, a Fitch Solutions company, said on Thursday, adding that India is likely to remain one of the fastest-growing emerging market economies in Asia through this decade.
Chennai, Aug 28 (IANS) The seafood export sector in Tamil Nadu is reeling under pressure after the US imposed steep tariffs on Indian marine imports from August 27, forcing several companies to cut production by almost half.
New Delhi, Aug 28 (IANS) The government on Thursday said it has temporarily exempted the import duty on cotton till December 31, 2025.
Ahmedabad, Aug 28 (IANS) The Adani Portfolio EBITDA reached Rs 90,572 crore on a trailing 12-month basis for the first time -- up 10 per cent year-on-year -- with Q1 FY26 EBITDA also reaching a record high at Rs 23,793 crore, the Adani Group said on Thursday.
Mumbai, Aug 28 (IANS ) After remaining shut for a day on account of Ganesh Chaturthi, the domestic benchmark indices opened in the red on Thursday after the US imposed 50 per cent tariffs on Indian goods.
Washington, Aug 28 (IANS) Richard Rossow, a leading expert on India-US economic ties and the Chair of India and Emerging Asia Economics at the Centre for Strategic and International Studies (CSIS), has said that Washington's punitive measures would not have a considerable impact on India's growth but still present the country with a "unique opportunity" to diversify its markets and usher in major domestic reforms.
New Delhi, Aug 27 (IANS) Prime Minister Narendra Modi on Wednesday said that the government’s focus on connectivity and next-gen infrastructure is reflected yet again in the Cabinet decision pertaining to multi-tracking of three projects benefitting Karnataka, Telangana, Bihar as well as Assam and “for a new railway line in remote areas of Kutch in Gujarat”.
New Delhi, Aug 27 (IANS) While near-term risks to economic activity, principally exports and capital formation remain due to tariff-related uncertainties, the government and the private sector, acting in tandem and concert, can keep the disruptions to a minimum, the Finance Ministry’s ‘Monthly Economic Review’ said on Wednesday.
New Delhi, Aug 27 (IANS) The Unique Identification Authority of India (UIDAI) on Wednesday urged schools across the country to actively support the timely completion of Mandatory Biometric Updates (MBU) in Aadhaar for children, especially in the crucial age groups of five and fifteen years.
