news
The Ministry of Statistics and Programme Implementation is inviting feedback on its Base Paper, which outlines a framework for measuring the impact of knowledge and knowledge products on the Indian economy. This initiative, guided by a Technical Advisory Group and based on expert recommendations, aims to address rapid technological changes
news
The Ministry of Statistics and Programme Implementation released the Supply and Use Tables for 2022-23 and 2023-24, marking a vital update in India’s national accounting framework to include the revised base year of 2022-23. These tables provide a detailed and integrated view of production, distribution, and usage of goods
news
Indian Commerce and Industry Minister Piyush Goyal spoke at the Confederation of Indian Industry Annual Summit, highlighting India's economic resilience amid global challenges. Despite global geopolitical and economic turmoil, India is achieving record export figures and maintaining a strong trade balance. Goyal emphasized the need for efficiency and
news
The financial year 2025-26 witnessed a significant credit growth of 15.9% among Scheduled Commercial Banks, reflecting strong economic activity and robust credit demand across various sectors. This growth was supported by low interest rates, government reforms, and increased private investment, boosting confidence in the Indian economy. Notably, the services
news
The National Commission for Minorities, alongside Devi Ahilya Vishwavidyalaya, organized a national seminar discussing the economic, educational, and philanthropic contributions of the Jain community. Union Minister Kiren Rijiju emphasized Jain principles in achieving a developed India by 2047. The seminar showcased government efforts, namely PM VIKAS and Pradhan Mantri Jan
news
The Economic Survey 2025-26 presented by Union Finance Minister Nirmala Sitharaman outlines India's projected GDP growth rates for upcoming fiscal years, driven by consumption and investment. The survey highlights the resilience and strengths of various sectors contributing to economic growth. Additionally, it addresses fiscal policy measures, inflation trends,
news
Prime Minister Narendra Modi addressed a gathering at the Rozgar Mela, highlighting India's emerging status as a global hub in sectors like animation and digital media. Through a series of posts, Modi emphasized creating opportunities for youth and bolstering industries such as manufacturing, electronics, and pharmaceuticals, thereby increasing
news
India's government has been consistently reviewing and updating its Foreign Direct Investment (FDI) policies to ensure the country remains an attractive and investor-friendly destination. The government seeks to simplify regulations, enhance the Ease of Doing Business, and liberalize FDI norms across multiple sectors. Significant reforms include increased FDI
Capital Goods
The Ministry of Heavy Industries has reported significant growth in the Indian Capital Goods Sector from 2014 to 2025, with various sub-sectors showing varying production figures. The sector contributes approximately 1.9% to the country's GDP. A new scheme was launched to enhance competitiveness, with a financial outlay