Corporate investments surge to Rs 28.50 lakh crore in FY25

IANS | May 22, 2025 12:02 PM

New Delhi, May 22 (IANS) There has been a steady increase in corporate investments during 2024-25, with core infrastructure industries playing a lead role in the growth, according to a report compiled by the Bank of Baroda’s economic research department.

Govt rolls out SPICED scheme to boost spice exports

IANS | May 22, 2025 11:23 AM

Kochi, May 22 (IANS) The Spices Board has launched the 'Sustainability in Spice Sector through Progressive, Innovative and Collaborative Interventions for Export Development (SPICED)' scheme for the fiscal year 2025-26 under which financial assistance is offered across the value chain to farmers and Farmer Producer Organisations (FPOs) to enhance the production, quality and export of spices.

Business activity in India surges to 13-month high in May: HSBC Composite PMI

IANS | May 22, 2025 11:19 AM

New Delhi, May 22 (IANS) The HSBC Flash India Composite Output Index – which measures the month-on-month change in the combined output of India's manufacturing and service sectors – on Thursday reported robust business activity in May in the country, climbing to a 13-month high of 61.2, compared with 59.7 in the previous month.

Indian economy shows resilience despite weak global growth: RBI

IANS | May 22, 2025 10:05 AM

New Delhi, May 22 (IANS) The global growth continues to face headwinds with persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment weighing on the outlook. Despite this, the Indian economy is exhibiting resilience even after high trade and tariff-related concerns, the Reserve Bank of India (RBI) has said.