Category: Economy

China leads in electricity generation, surpassing the US. It dominates clean energy and electric vehicle production. Chinese EVs are technologically advanced and cost-effective. China is also ahead in AI development and robotics deployment. The nation excels in drone manufacturing for warfare. India should partner with China to advance its energy, mobility and AI goals. A […]

Empowering commerce through simplified taxation. Key Takeaways: GST on leather, footwear and related job work reduced from 12% to 5%. On packaging paper GST cut to 5% and down from 28% to 18% on Commercial Goods Vehicles. Textiles see major correction with man-made fibers cut from 18% to 5%, yarn from 12% to 5%. On Toys and sports goods, GST […]

 Tamil Nadu outperforms peers with growth in secondary sector at more than double the national average at 13.4% (at constant prices). At the overall GSDP level, Tamil Nadu consolidated its lead in year-on-year growth with its economy reaching ₹17.32 lakh crores in FY25, reflecting 11.2% annual growth. Even as India’s secondary sector (comprising manufacturing, construction, […]

India’s economy faces potential disruption as new tariffs threaten $87 billion in exports to the US, potentially shaving off up to 80 basis points from GDP growth. Brokerages warn of significant impacts on export-heavy sectors, leading to possible Government intervention and RBI rate cuts. With the first wave of 25% Trump tariffs kicking off today […]

The list, released by Fortune for only the second time, recognizes individuals who are not only active in business but also wield measurable influence over their industry and beyond. Dr. Reshma Kewalramani, who ranked 62nd on this year’s list, became the first woman to lead a major US biotechnology firm when she was appointed Chief […]

He said, ‘Pune is a manufacturing capital with reputed educational institutions and abundant skilled human resources. ‘Dadagiri by certain elements is becoming an obstacle to Pune’s development, Maharashtra Chief Minister, Devendra Fadnavis said a week after his Deputy and State Finance and Planning Minister, Ajit Pawar expressed concern over flight of IT sector companies from […]

India is exploring new export destinations to offset the impact of slowing demand in developed economies and the recently announced US tariffs. An Indian trade delegation is expected to meet a delegation from MERCOSUR this month to hold preliminary exploration to expand the existing Preferential Trade Agreement (PTA) to a Free Trade Agreement (FTA), Government […]

The measure of the success of a business entrepreneur is how wealthy and how quickly he or she becomes, says Arun Maira, Author of Reimaging the Indian Economy. According to Webster’s Dictionary, an entrepreneur “is a person who        organizes and manages any enterprise, especially a business enterprise, usually at considerable risk and initiative”. As a […]

The report submitted to the 16th Finance Commission revealed that 18 districts have a growth rate less than 0.8x of the GSDP expansion rate and per capita income below average state income. Only seven out of 36 districts in Maharashtra contribute 54% of the gross State domestic product (GSDP), which stood at Rs 45 lakh […]

The gross FDI — the money ploughed into India by overseas companies — rose by 13.7% to $81 billion in 2024-25 from $71.3 billion the previous year. The net foreign direct investment into India sunk 96% to $0.4 billion in financial year 2024-25 amid increased repatriation by foreign companies and outward investment by Indian firms, […]