1. Business & Economy

Business & Economy

IMF sees India driving growth in Asia-Pacific region

New Delhi: India remains the world’s fastest-growing economy with investment and private consumption driving growth, according to the IMF’s latest Regional Economic Outlook for Asia-Pacific. The IMF, in its World Economic Outlook report released on…

Loan limit under PM Mudra Yojana raised to Rs 20 lakh from Rs 10 lakh

New Delhi: The limit of Mudra loans under the Pradhan Mantri Mudra Yojana (PMMY) has been enhanced from the current Rs 10 lakh to Rs 20 lakh in keeping with the announcement by Finance Minister…

Maldivian President decides to introduce India’s UPI in Maldives

Male: Maldivian President Mohamed Muizzu has decided to take the necessary steps to introduce India’s Unified Payment Interface (UPI) in the Maldives. The move is expected to bring significant benefits to the Maldivian economy, including…

India poised to lead emerging markets, cement its position in global economy by 2035: S&P Global

New Delhi: Among the key emerging markets, India is poised to be the fastest-growing major economy over the next three years and the third largest globally by 2030, a global report showed on Thursday. Emerging…

About 85 pc of world’s cryptocurrencies are not even worth a cent: Report

New Delhi: About 85 per cent of the world’s cryptocurrencies are worth less than one cent, according to a report on Monday. The total number of cryptocurrencies has been floating between 8,500 and 10,000, with…

India’s white-collar jobs see 6 pc growth in September, IT sector bounces back

New Delhi: India’s white-collar hiring activity saw a strong 6 per cent growth (year-on-year) growth in September, driven by a resurgence in IT (18 per cent) and FMCG (23 per cent) sectors, a report said…

Per capita income in India to increase by at least $2,000 in 5 years: FM Sitharaman

New Delhi: Fuelled by overall economic growth, per capita income in the country is likely to increase by at least $2,000 over the next five years, according to Finance Minister Nirmala Sitharaman on Friday. The…

Indian mutual fund industry set to cross 50 mn unique investors

Mumbai: The mutual fund industry in the country saw assets under management (AUM) surging to Rs 66.7 lakh crore in 2024 and is set to cross the 50-million unique investor base this year. The stupendous…

Rupee among least volatile currencies globally: Shaktikanta Das

New Delhi: The rupee has emerged as one of the least volatile currencies worldwide, remaining “very stable against the US dollar” and the volatility index, the Reserve Bank of India (RBI) Governor Shaktikanta Das has…

Lok Sabha approves Rs 48.21 lakh crore Union Budget 2024-25

New Delhi: The Lok Sabha on Tuesday approved the Rs 48.21 lakh crore Union Budget for 2024-25 aimed at giving a major push to job creation with a focus on the country’s youth, empowering women…

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