India's Potential Growth Rate Revised Up to 7% in Survey
The latest Economic Survey indicates India's medium-term potential growth has increased to around 7%, reflecting stronger macroeconomic fundamentals and consistent reforms.
Category : Business
VB-G-RAM-G: New Rural Employment Policy Shift in Economic Survey
The Economic Survey 2023-24 identifies the VB-G-RAM-G framework as a decisive shift in India's rural employment policy, moving from wage-based to asset creation and green jobs.
Bitcoin Drops 5.43% to $84,410, Market Cap $1.68T
Bitcoin prices fell sharply to $84,410 on January 29, a 5.43% drop, with market capitalisation hitting $1.68 trillion amid a broad crypto sell-off.
Vidyavihar Flyover to Open in June After Decades
Mumbai's long-delayed Vidyavihar flyover, first proposed in 1991, is finally set to open in June 2026. The 650-meter bridge will connect east and west Mumbai, cutting travel time from 45 minutes to under 10 minutes.
KICL in Talks to Acquire French Footwear Brand Kickers
Chennai-based Kothari Industrial Corporation Ltd is negotiating to acquire iconic French brand Kickers, aiming to shift production to India and leverage new EU trade agreement for export growth.
India-EU Free Trade Deal: A Manufacturing Boost
The historic India-EU free trade agreement, hailed as 'the mother of all deals,' promises to spur hundreds of new factories in India, marking a significant shift in global trade dynamics and economic collaboration.
Rupee Hits Record Low of 91.99 vs Dollar on Foreign Selling
Indian rupee settled at historic closing low of 91.99 against US dollar on Wednesday due to foreign fund selling, global risk-off sentiment, and geopolitical tensions, despite some support from softer crude and weaker dollar.
Economic Survey 2025-26: Rig Veda to Ramayana, Tully to Lenin
The Economic Survey 2025-26 references diverse sources from Rig Veda and Ramayana to Mark Tully and Vladimir Lenin, highlighting strategic learning in complex environments.
Rupee Hits All-Time Low at 91.99 Against US Dollar
The Indian rupee closed at a historic low of 91.99 against the US dollar on January 29, 2026, after volatile trading saw it touch an intra-day low of 92. The currency opened at 91.95 and briefly reached 91.82 before declining.
Gold, Silver Prices to Rise Further: Economic Survey
The Economic Survey highlights that gold and silver prices are expected to increase further due to global uncertainties, inflation, and geopolitical tensions, impacting investors and consumers in India.
Microsoft Stock Drops 12% on Cloud Revenue Miss
Microsoft shares fell sharply by 12% after Q2 results revealed cloud revenues that failed to meet investor expectations, causing significant market reaction.
US Stocks Flat, Gold Soars Amid Mixed Earnings, Fed Pause
US stocks traded near record highs with mixed earnings from tech giants, while gold surged over 4% in a safe-haven rally driven by equity and geopolitical concerns.
Canara Bank Q3 Net Profit Jumps 26% to Rs 5,155 Crore
Canara Bank reported a 26% rise in net profit to Rs 5,155 crore for Q3 FY26, driven by higher operating profit, strong non-interest income growth, and improved asset quality. Key metrics show robust performance across deposits, advances, and profitability
Economic Survey Flags Fiscal Risks from State Cash Transfers
The Economic Survey 2025-26 highlights concerns over fiscal populism and unconditional cash transfers by states, warning they may crowd out growth-enhancing capital expenditure and affect India's fiscal credibility.
IOC Chairman: India's Energy Sector to See Unprecedented Growth
Indian Oil Corporation Chairman predicts unprecedented growth in India's energy sector, driven by economic expansion and strategic investments in refining and petrochemicals.
PM Modi: Economic Survey Shows India's Reform Express Journey
Prime Minister Narendra Modi praised the Economic Survey 2025-26 as a comprehensive reflection of India's growth journey. The survey projects 7.4% GDP growth for FY26, maintaining India's position as the fastest-growing major economy.
Budget 2026-27: ELI & SDGs for India's Maritime Vision
Efficiency-linked incentives and Sustainable Development Goals alignment emerge as crucial demands from Union Budget 2026-27 to transform India into a global maritime leader through port modernization and green initiatives.
Banga: Trade Deals Must Not Harm Domestic Industries, Skills Key for Growth
World Bank President Ajay Banga emphasizes balanced trade agreements that protect domestic industries while highlighting India's need to skill 12 million annual workforce entrants for Viksit Bharat 2047 vision.
World Bank's Ajay Banga Urges India to Focus on Trade Opportunities
World Bank President Ajay Banga advises India to prioritize trade opportunities and agreements over tariffs, citing over 100 regional and bilateral pacts signed in the last two decades.
Economic Survey 2025-26 Highlights State Fiscal Pressures
The Economic Survey 2025-26 reveals unprecedented state borrowing of Rs 5 trillion in Q4, highlighting fiscal risks and the need for balanced federal equity in the upcoming Budget.
Seamec Shares Jump 7%, Extend Winning Streak to 5 Sessions
Seamec shares surged 7% to ₹1,291, extending their winning streak to five sessions and hitting a 13-month high of ₹1,319. The rally contributed to an 18% cumulative gain over five days and a 17.5% jump in January.
Delhi Metro: 5 New Triple Interchange Stations Coming
Delhi Metro is expanding with five new triple interchange stations in Phase 4 and 5A, joining Kashmere Gate. These stations will enable seamless transfers between three corridors, reducing travel time significantly.
Gold Hits ₹1.80 Lakh, Silver Crosses ₹4 Lakh on MCX
Gold futures surge 9% to ₹1,80,799 per 10 grams, while silver jumps to ₹4,20,048 per kg on MCX. Geopolitical tensions and a weakening US dollar drive the rally, with analysts predicting ₹2 lakh gold soon.
Silver Tops Rs 4 Lakh/kg, Gold at Lifetime High
Silver prices surged past Rs 4 lakh per kg while gold touched a record Rs 1.83 lakh per 10 grams on Thursday, driven by global economic uncertainty and geopolitical tensions.
Economic Survey Flags Labour Reform Gaps for Gig Workers, Women
The Economic Survey 2025-26 reveals persistent challenges in India's labour market despite new labour codes, highlighting income volatility for gig workers, weak skilling outcomes, and gender disparities in formal employment.
PM Modi Lauds Economic Survey for Highlighting India's Steady Progress
Prime Minister Narendra Modi commended the Economic Survey 2026 for reflecting India's macroeconomic stability and innovation-driven growth in a challenging global environment, with focus on farmers and youth.
Swiggy Instamart Losses Hit ₹908 Cr Amid Quick Commerce Wars
Swiggy Limited reports Instamart's adjusted Ebitda losses widened to ₹908 crore in Q3 as it reviews aggressive incentives amid intense competition from Zepto, Blinkit, and JioMart.
Bengaluru Double-Decker Flyover Set for March Opening
Bengaluru's inaugural double-decker flyover from Central Silk Board to Ragigudda is expected to be fully operational by March 2025, with remaining work scheduled for February completion.
UPSC Economy Quiz: PLI Scheme, Central Counterparties, and More
Prepare for UPSC CSE Prelims 2026 with this comprehensive Economy quiz covering Production Linked Incentive scheme, central counterparties, and other crucial topics. Check your progress and revise key concepts.
US Markets Mixed After Fed Keeps Interest Rates Unchanged
The Dow Jones and S&P 500 opened higher while the Nasdaq Composite declined as US markets reacted to the Federal Reserve's decision to maintain key interest rates.
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