Business News: Economy & Markets

India’s milk production surges 63.6 pc in 10 years, accounts for 25 pc of world output

IANS | March 25, 2025 3:30 PM

New Delhi, March 25 (IANS) India’s milk production has increased by 63.56 per cent over the past 10 years from 146.3 million tonnes in 2014-15 to 239.2 million tonnes during 2023-24, with an annual growth rate of 5.7 per cent, while world milk production is growing at 2 per cent per annum, according to information tabled in Parliament on Tuesday.

New Income Tax Bill to be introduced in monsoon session: FM Sitharaman

IANS | March 25, 2025 2:57 PM

New Delhi, March 25 (IANS) The new Income Tax Bill will be taken up for discussion in the Monsoon session of Parliament, Finance Minister Nirmala Sitharaman told the Lok Sabha on Tuesday.

India’s office leasing market clocks all-time record at 81.7 MSF last year: Report

IANS | March 25, 2025 2:47 PM

New Delhi, March 25 (IANS) India’s office leasing market broke previous records in 2024 at 81.7 million square feet (MSF), 19 per cent increase from 2023 and its highest-ever leasing in a calendar year, a report showed on Tuesday.

India can become leading global transit hub for submarine cable network: Industry

IANS | March 25, 2025 1:58 PM

New Delhi, March 25 (IANS) India has the potential to become a global hub for subsea connectivity, given its strategic location and growing digital infrastructure, Broadband India Forum (BIF) Chairperson, Aruna Sundararajan, said on Tuesday.

ATM withdrawals to get costlier from May 1 as RBI approves fee hike

IANS | March 25, 2025 1:18 PM

New Delhi, March 25 (IANS) Starting May 1, withdrawing cash from ATMs in India will become more expensive as the Reserve Bank of India (RBI) has approved an increase in ATM interchange fees.

Delhi’s big bang Budget sees 31.5 pc hike in total outlay, Capex doubled to Rs 28,000 cr

IANS | March 25, 2025 12:51 PM

New Delhi, March 25 (IANS) With a massive 31.5 per cent hike in total outlay, the Delhi government’s biggest-ever Budget presented on Tuesday by Chief Minister Rekha Gupta has doubled the state government’s capital expenditure (Capex) to Rs 28,000 crore.

PMUY scheme: Refills of LPG cylinders by poor households double in last 5 years

IANS | March 25, 2025 11:57 AM

New Delhi, March 25 (IANS) The total number of refills of LPG cylinders by poor households under the PM Ujjwala Yojana (PMUY) have doubled in the past five years and the per capita consumption of PMUY beneficiaries has risen to nearly four-and-a-half cylinders per year, according to information tabled in the Parliament.

India’s GDP to grow at 6.5 pc in FY26, 75-100 bps rate cut likely: S&P Global Ratings

IANS | March 25, 2025 11:19 AM

New Delhi, March 25 (IANS) Showing a resilient economy in the Asia-Pacific region amid global uncertainties, India’s GDP will grow at 6.5 per cent in the fiscal year ending March 31, 2026, S&P Global Ratings said on Tuesday.

India well-positioned to benefit despite global uncertainties: Bernstein

IANS | March 25, 2025 11:02 AM

New Delhi, March 25 (IANS) India’s macroeconomic situation has bottomed out, and the country is set to see GDP growth around 6.5 per cent for the year ahead, according to a Bernstein note on Tuesday.

Govt mops up extra Rs 9,118 crore as 9 million taxpayers file updated ITRs

IANS | March 25, 2025 11:00 AM

New Delhi, March 25 (IANS) Over nine million updated Income Tax Returns have been filed over the last four years, which helped the government raise an additional revenue of Rs 9,118 crore, reflecting the success of the voluntary compliance scheme introduced by the Government, Parliament was informed.

business

India’s milk production surges 63.6 pc in 10 years, accounts for 25 pc of world output

New Income Tax Bill to be introduced in monsoon session: FM Sitharaman

India’s office leasing market clocks all-time record at 81.7 MSF last year: Report

India can become leading global transit hub for submarine cable network: Industry

ATM withdrawals to get costlier from May 1 as RBI approves fee hike

Delhi’s big bang Budget sees 31.5 pc hike in total outlay, Capex doubled to Rs 28,000 cr

PMUY scheme: Refills of LPG cylinders by poor households double in last 5 years

India’s GDP to grow at 6.5 pc in FY26, 75-100 bps rate cut likely: S&P Global Ratings

India well-positioned to benefit despite global uncertainties: Bernstein

Govt mops up extra Rs 9,118 crore as 9 million taxpayers file updated ITRs

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