The statistics ministry on Wednesday released a uniform framework for compiling district-level economic output estimates with the revised base year of 2022-23, a move aimed at improving consistency and comparability of economic data across states and Union Territories, PTI reported.The Ministry of Statistics and Programme Implementation (MoSPI) said the finalised Guideline for Compilation of District…

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New Delhi: India’s target of achieving 500 GW of non-fossil fuel capacity by 2030 could generate more than 44 lakh full-time equivalent (FTE) jobs, with rooftop solar emerging as the single largest employment generator, accounting for nearly 43% of the total, according to a new study.The findings are significant as rooftop solar gains momentum across…

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India’s economy has remained resilient despite geopolitical tensions, supply-chain disruptions and volatile commodity prices, supported by strong industrial and services activity, broad-based demand and improving corporate performance, RBI Deputy Governor Swaminathan J said.In a speech at the School of International and Public Affairs (SIPA), Columbia University, the Deputy Governor said inflation remains within the Reserve…

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Understanding how lenders evaluate applications can help you improve your chances of accessing formal credit. (AI image) Getting your first loan or credit card can often be a challenge. Your lack of credit history makes it difficult for lenders to assess your creditworthiness, which essentially means banks and NBFCs have no historic data around your…

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Vikram Sahu, India CEO and Country Executive, Bank of America, hosted the bank’s investor conference in India with foreign institutional investor participation rising 20% from the previous year. According to Sahu, despite the short-term challenges interest in India remains undiminished.Q. With the monetary policy committee meeting around the corner what do you expect from the…

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Just a day after helping power a sharp rebound in technology stocks, Tata Consultancy Services (TCS) turned into one of Dalal Street’s biggest losers on Wednesday, with the stock plunging more than 8% in its steepest single-day decline since the Covid-driven market crash of March 2020.The sell-off erased the gains accumulated during the recent rally…

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India and the US are working to resolve the remaining sticking points in their proposed trade agreement and are hopeful of finalising the pact within the next several weeks, US envoy to India Sergio Gor said on Wednesday.Speaking at Citi’s 2026 India Conference, Gor said a US trade delegation is currently in India negotiating the…

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The Union Cabinet on Wednesday approved a package of projects and schemes worth Rs 39,290 crore, spanning aviation, highway infrastructure and transport modernisation, with the largest allocation going towards the creation of an Aviation Turbine Fuel (ATF) Price Stabilisation Fund.According to details of the Cabinet decisions, the government approved a Rs 10,000 crore ATF Price…

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Going forward, Indian exports to the US may face higher scrutiny and the additional tariffs will hit as well, say experts. (AI image) Two days after Commerce minister Piyush Goyal said that the India-US trade deal was now down to finalising the ‘commas and full stops’, the Donald Trump administration has proposed to impose additional…

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NEW DELHI: The Centre on Wednesday said it is in touch with the United States regarding a Section 301 investigation linked to concerns over forced labour and excess industrial capacity.Earlier, the Office of the United States trade representative (USTR) named India among countries it believes follow unfair trade practices. Based on its findings, the USTR…

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