Spot gold was down 0.2 per cent to $2,038.49 per ounce as of 1223 GMT. U.S. gold futures fell 0.2 per cent to $2,045.40

According to the Global Trade Research Initiative (GTRI) report from August 2023, the Indian medical devices industry has the potential to expand from $12 billion today to $50 billion by 2030

Live since October 2022, the TTDF aims to fund R&D in rural-specific communications technology applications and develop the telecom ecosystem

According to the recently announced Rani Durgavati Shri Anna (Millets) Promotion Scheme, the incentive would be deposited directly into the farmers' bank accounts

According to a statement, the growth in real GDP during 2023-24 is estimated at 7.3 per cent compared to 7.2 per cent in 2022-23

The government has taken a slew of initiatives for infrastructure development as it has a strong multiplier effect and plays pivotal role in the country's development, Financial Services Additional Secretary M P Tangirala said on Friday. Speaking at the 19th Foundation Day of the India Infrastructure Finance Company Ltd (IIFCL), he said infrastructure sector has strong backward and forward linkages. To support the sector, he said the government has taken slew of initiatives, including the USD 1.3 trillion-PM Gati Shakti National Master Plan (NMP) that has been front runner in bringing about systemic and effective reforms in this sector. Launched in 2021, the PM Gati Shakti targets to cut logistic costs, increase cargo handling capacity and reduce the turnaround time. Another initiative is the National Infrastructure Pipeline (NIP) that was started with 6,800 projects and now, there are over 9,000 projects across 34 sub-sectors, he said. NIP was launched with 6,835 projects and h

Owing to lower readings in October and November, however, the latest quarterly average was the lowest since the fourth quarter of the financial year 2022-2023

In the previous reporting week, the overall reserves had increased by $4.471 billion to $620.441 billion

The Modi government has met its privatisation and divestment target only twice in the last decade, even though its track record outstrips that of previous administrations

Tankers have been avoiding the Red Sea after the Houthi militant group stepped up maritime attacks against commercial vessels

India sends a stealth guided-missile destroyer and patrol aircraft to monitor ship

Despite revising the growth estimates for 2024 downward by 0.5 percentage points, the report projects a rebound in 2025, with a GDP growth projection of 6.6 per cent

Earlier today, Jaishankar offered prayers at Pashupatinath Temple in Nepal. He stated that he prayed for the well-being of people of Nepal and India and the ties between the two nations

The HSBC India Services Purchasing Managers' Index, compiled by S&P Global, rose sharply in December to 59.0 from November's one-year low of 56.9

India registered strong investment performance in 2023, driven by government infrastructure projects and multinational investments, the United Nations has said while noting that investment prospects in China face "headwinds" from a struggling property sector. The UN World Economic Situation and Prospects (WESP) 2024 report, launched here on Thursday, said that investment has been more resilient in developing economies than in developed economies. Investment in South Asia, particularly in India, remained strong in 2023. Investment prospects in China face headwinds from a struggling property sector, though government-led infrastructure investments are partially offsetting the shortfall in private investments. In contrast, India registered strong investment performance in 2023, driven by government infrastructure projects and multinational investments, the report said. Among the developing regions, Africa, Western Asia and Latin America and the Caribbean continue to struggle with high

State-run Bharat Petroleum Corp and Hindustan Petroleum Corp aim to end net carbon emissions from their operations by 2040, and Indian Oil Corp has set a target for 2046

India is projected to grow at 6.2 per cent in 2024, supported by robust domestic demand and strong growth in the manufacturing and services sectors, the United Nations has said. The UN World Economic Situation and Prospects (WESP) 2024 report, launched here on Thursday, said that gross domestic product in South Asia is projected to increase by 5.2 per cent in 2024, driven by a robust expansion in India, which remains the fastest-growing large economy in the world. Growth in India is projected to reach 6.2 per cent in 2024, slightly lower than the 6.3 per cent estimate for 2023, amid robust domestic demand and strong growth in the manufacturing and services sectors, the report said. India's GDP is projected to increase to 6.6 per cent in 2025. The report notes that economic growth in India is projected to remain strong at 6.2 per cent this year mainly supported by resilient private consumption and strong public investment. While manufacturing and services sectors will continue to ..

S&P expects India, currently the world's fifth-largest economy, to grow at 6.4% this fiscal and estimates growth will pick up to 7% by fiscal 2027