Economy 5/57

Finance Minister Nirmala Sitharaman after presenting her seventh straight budget

A day after presenting her seventh straight budget, finance minister Nirmala Sitharaman sat down with TOI’s Surojit Gupta and Sidhartha...

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Expressway ahead: Sitharaman's plans to speed up India

Finance Minister Nirmala Sitharaman's presentation of the Union Budget unveiled a visionary plan called 'Viksit Bharat' to pave the way...

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Tier 2, 3 cities now home to 45% of startups in India

According to the Economic Survey, the number of DPIIT-recognized startups has surged from around 300 in 2016 to surpass 1.25 lakh. This...

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Capitalizing on 'China Plus One' Strategy for Economic Growth

India aims to capitalize on the 'China Plus One' strategy for economic growth, with the goal of becoming the world's third-largest...

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China’s New economic model set to boost strength

Smooth transition in growth engines, people-centered policies highlighted China will likely pursue a new economic model to drive a smooth...

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India's Journey towards Superpower Status : Challenges and Opportunities

India is projected to become a superpower by 2047, despite challenges such as a global economic slowdown. To emulate China's growth,...

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A Surge in Demat Accounts Signifies Growing Investor Confidence

The Central Depository Services Ltd (CDSL) experienced a remarkable influx of new investor accounts, with nearly 3.9 million openings in...

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IndiGo’s Aircraft Order Boosts India’s Plans to Become A Global Aviation Hub

India's aviation industry is experiencing remarkable growth, with leading carrier IndiGo leading the charge. IndiGo's recent order for 30...

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China delivered over 80 billion parcels in the first half of 2024

China's parcel delivery industry achieved record-breaking numbers in the first half of 2024, with over 80 billion parcels delivered,...

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India world’s No 2 by market cap: adds over $1,000,000,000,000 in 6 months

Reliance Industries tops India's market cap rankings at $245.3 billion, followed by TCS at $167 billion. India's equity market, the...

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Shein, China's Affordable Fashion Giant, Finds a Safe Route to India

Shein, known for its affordable clothing items like $10 tops and $5 biker shorts, has a portfolio of 10 different brands including Romwe,...

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India's becoming the Third Largest Domestic Aviation Market

In a recent development, India has surpassed Brazil and Indonesia to become the third-largest domestic aviation market, according to data...

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Indian fast fashion sector may hit $50 billion by FY31

In the previous financial year (FY24), the Indian fast fashion industry experienced an impressive growth rate of 30-40%. This remarkable...

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India captures 50% share of fall in mobile phone shipment from China, Vietnam

The remarkable 40% surge in India's mobile phone exports, reaching a impressive $15.6 billion in the last fiscal year, is a testament to...

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India's Equity Markets Soar to New Heights

India's equity markets have reached unprecedented heights, with the Sensex benchmark index closing above the 78,000 mark for the very...

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India's AI and GenAI Spending to Reach $6 Billion by 2027, Growing at 33.7% CAGR

According to a recent report, India's spending on AI and Generative AI (GenAI) is projected to reach $6 billion by 2027, driven by a...

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India's External Debt Ratio Reaches Best Level in 13 Years

India's external debt ratio improved to 18.7% of GDP in FY24, the best level in 13 years. The country added $40 billion in debt, but the...

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Indian diaspora breaks record with $107 billion remittance surge in FY24

This remarkable achievement is nearly double the combined total of $54 billion from foreign direct investments (FDI) and portfolio...

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Have conviction in India story, want to be fully present: Zurich Insurance Group's Tulsi Naidu

Zurich Insurance Group has acquired a 70% stake in Kotak General Insurance, making it the largest foreign investment in India's insurance...

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India's Robust Export Growth in May 2024

In a remarkable display of economic strength, India's goods exports surged by 9.1% in May, reaching a three-month high of $38.1 billion....

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