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GST 2.0: Empowering Livelihoods and Growth in Uttar Pradesh
The GST reforms provide targeted relief to Uttar Pradesh's diverse economy spanning GI-registered carpets, brassware, Zardozi, footwear, ceramics, sports goods and cement.Lower tax rates are expected to improve affordability for households, ease working-capital pressures on...
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India's Economy Stays Resilient in April-September over Robust Consumption, Investments
India's economy remained resilient in April-September of FY 2025-26, supported by robust consumption, investments, and government spending, as inflation stayed below projections, aided by favourable food prices and GST reforms.Well balanced external sector performance,...
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World Innovation Summit to Turn TN'S Coimbatore into Global Startup Hub
Coimbatore is gearing up to host one of the country's largest startup and innovation gatherings as the World Innovation Summit 2025 will take place on October 9 and 10 at the CODISSIA Trade Fair Complex.Organised by the Tamil Nadu Government's StartupTN (TN Startup and...
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India-EFTA Trade Pact a Defining Moment in India's Economic Engagement with Europe
The India-EFTA Trade and Economic Partnership Agreement (TEPA), that came into force with $100 billion investment objective and one million direct jobs, is a defining moment in India's economic engagement with Europe, which represents "a trusted partnership between friends"...
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AAI, Coimbatore Corporation Plan Underground Sewage System at Airport
Coimbatore International Airport is set for a major underground drainage and sewage management upgrade as the Airports Authority of India (AAI) and the Coimbatore City Municipal Corporation (CCMC) work on a Rs 93-crore project aimed at tackling untreated wastewater that...
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Centre Approves Mitigation, Recovery and Reconstruction Projects Worth RS 4645.60 Crore
A High-Level Committee (HLC), under the chairmanship of Union Home Minister Amit Shah, has approved a number of mitigation, recovery and reconstruction projects having a total outlay of Rs 4645.60 crore.The projects will benefit nine States of Assam, Kerala, Madhya Pradesh,...
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India Added More than 1 Billionaire Every Week in 2025: Hurun Report
India's billionaire club is growing at a record pace, with the country adding more than one billionaire every week this year, a new report said on Wednesday.The M3M Hurun India Rich List 2025 shows that India now has 350 billionaires, six times higher than when the list was...
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RBI Eases Forex Norms to Help Exporters amid Global Uncertainties
The RBI on Wednesday decided to ease foreign exchange management norms to facilitate easier payments by exporters, which include an extension in the time period for repatriation of forex earnings, to counter growing uncertainties in global trade.The Central Bank has decided...
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RBI Slashes Inflation Forecast to 2.6 PC in FY26 over GST Reforms, Benign Food Prices
The RBI's monetary policy committee (MPC) on Wednesday slashed its forecast for India's inflation rate for the financial year 2025-26 to 2.6 per cent from 3.1 per cent in August primarily on account of the GST rate cuts and benign food prices.RBI Governor Sanjay Malhotra...
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RBI Raises India's GDP Growth Forecast to 6.8 PC for 2025-26
The RBI has raised its projection of India's GDP growth rate to 6.8 per cent for 2025-26 from 6.5 per cent earlier, as the implementation of several growth-inducing structural reforms, including streamlining of GST, is expected to offset some of the adverse effects of the...
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Navi Mumbai International Airport a Monument Shaped by Thousands of Hands, Hearts: Gautam Adani
The Navi Mumbai International Airport, set to open next week, is a monument shaped by thousands of hands and hearts, said Gautam Adani, Chairman of the Adani Group, on Wednesday.The airport is scheduled to be inaugurated on October 8.The billionaire industrialist saluted...
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RBI Sticks to Status Quo on Repo Rate, Stays with Neutral Stance
RBI Governor Sanjay Malhotra announced on Wednesday that the monetary policy committee (MPC) has decided to keep the repo rate unchanged at 5.5 per cent, and stick to the "neutral" policy stance.A neutral stance requires neither stimulation nor curbs on liquidity as it...
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UPI Transactions See 31 PC Growth at 19.63 Billion in September: NPCI Data
The Unified Payments Interface (UPI) saw 31 per cent transaction count growth (year-on-year) at 19.63 billion in the month of September - with 21 per cent growth in transaction amount at Rs 24.90 lakh crore, the National Payments Corporation of India (NPCI) data showed on...
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Domestic Demand, Infra Capex to Drive Growth for India Inc amid US Tariff Turmoil
Corporate India is expected to clock a revenue growth of 8 per cent during the current financial year, on the back of strong domestic consumption and steady government-led capital expenditure (capex) on infrastructure, according to a Crisil report released on...
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Govt Appoints New Chiefs for Union Bank, Central Bank of India
The government has cleared the appointment of Asheesh Pandey as Managing Director and Chief Executive Officer of Union Bank of India, and Kalyan Kumar as the new head of Central Bank of India. Both appointments are for a period of three years.The Appointments Committee of...
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India's Livestock Sector Clocks 12.77 CAGR, Contributes 5.5 PC to Economy: Minister
India's livestock sector has recorded an impressive compounded annual growth rate (CAGR) of 12.77 per cent in recent years that contributes 31 per cent to agricultural Gross Value Added (GVA) and 5.5 per cent to the national economy, according to Union Minister of...
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Asian Development Bank Forecasts India's Growth at 6.5 PC for 2025 and 2026
The Asian Development Bank (ADB) on Tuesday projected India's growth at 6.5 per cent for 2025 (FY26) and 2026 (FY27), as it trimmed its growth outlook for developing Asia and the Pacific by 0.1 and 0.2 percentage points for this year and next, respectively, amid the...
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HM Amit Shah to Inaugurate RS 4,000 CR Yamuna Rejuvenation Projects in Delhi Today
Union Home Minister Amit Shah will inaugurate Asia's largest sewage treatment plant (STP) in Okhla on Tuesday, marking a major milestone in Delhi's efforts to rejuvenate the Yamuna River.The inauguration, scheduled to take place at Keshavpur in Vikaspuri, will also include...
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Colocation, Cloud Services Build Backbone of India's $1 Trillion Digital Economy Mission: Report
The colocation and cloud services segment in India is building the backbone of the nation's $1 trillion digital economy mission, a report said on Monday.Data centres and cloud platforms form the backbone of India's fast-growing digital economy, which is expected to reach...
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India Continues to Hold Top Position in Global Milk Production
India continues to hold the top position in global milk production for several years now, and contributes nearly a quarter of the world's supply, contributing 5 per cent to the national economy and directly employing more than 8 crore farmers, an official statement said on...
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Unfavourable Weather Cuts Private Consumption Growth This Year: BOK
Extreme heat waves and other weather conditions this year have reduced the annual private consumption growth rate by about 0.09 percentage point, the central bank said on Monday.A cold wave in the first quarter and a summer heat wave lowered annual private consumption...
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Indian Stock Market Opens Higher as RBI MPC Begins
The Indian equity indices opened higher on Monday with a rise in heavyweight stocks, as the key RBI MPC meeting began to decide on the repo rate.At 9.22 am, Sensex was up 108 points or 0.14 per cent at 80,534 and Nifty was up 30 points or 0.12 per cent at 24,685.Buying was...
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Samsung Heavy Industries to Boost Shipbuilding Efforts in India
Samsung Heavy Industries said on Monday it has partnered with India's Swan Defence and Heavy Industries to collaborate in shipbuilding and offshore engineering.Under a memorandum of understanding (MOU) signed earlier, the two companies will pursue cooperation in...
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All Eyes on Policy Rate Decision at 3-day RBI MPC Meet
The three-day Reserve Bank of India's Monetary Policy Committee (MPC) meeting, starting Monday, is widely expected to hold its key policy rate at 5.50 per cent.However, a surprise cut cannot be ruled out amid US trade tariffs and low inflation, according to analysts.The RBI...
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'World Food India 2025' Boosts India's Position in Global Agri-food Value Chains
The 'World Food India 2025' has reaffirmed India's emergence as a global hub for food processing, innovation, and sustainable practices, the government said on Monday.With record-breaking investments, strengthened international partnerships, and a strong alignment with the...