India is set to become the world’s fourth-largest economy in 2025, but slow income growth, lack of structural change, and rising inequality highlight the gap between progress and real transformation. Illustration: Dominic Xavier/Rediff India marked its 79th Independence Day on
Rising for the fourth consecutive day, benchmark stock indices Sensex and Nifty closed higher on Tuesday following gains in oil major Reliance Industries and Tata Motors amid prevailing optimism over sweeping GST reforms and easing geopolitical worries. Photograph: Francis Mascarenhas/Reuters
India is aiming to become a global hub for green hydrogen exports, eyeing nearly 10 per cent of the worldwide demand by 2030, Union Minister Shripad Yesso Naik said on Tuesday. Photograph: Benoit Tessier/Reuters Addressing FICCI Green Hydrogen Summit 2025,
Bihar’s economy is expected to grow to $1.1 trillion by 2046-47, considering the state’s huge underlying potential, a report by industry body CII said on Tuesday. IMAGE: Bihar’s chief minister and leader of Janata Dal United party Nitish Kumar. Photograph:
Civil construction and infrastructure development company Globe Civil Projects Limited on Tuesday (August 19) said it has secured a contract worth ₹222.20 crore from the Haryana Cricket Association for the construction of an International Cricket Stadium at Lohat in Jhajjar
Indian stocks maintained their winning run for the second straight session on Tuesday, August 19, on expectations that the proposed GST cut could fuel consumption in the economy. Stocks also found support from reasonable valuations following a prolonged weakness, resulting
The proposed reforms in goods and services tax (GST) announced by the government last week, coupled with the Eighth Pay Commission dole-out, is likely to push consumption-driven stocks — such as air conditioners (ACs), select automobiles, fast-moving consumer goods (FMCG),
A report prepared by Hurun, that compiles rich lists, in association with Barclays, catalogued the cities in which India’s billionaires live. The first few are no-brainers. But not all Indian billionaires prefer Mumbai or Delhi…. Image reimagined using ChatGPT by
The rate of unemployment in the country declined to 5.2 per cent in July from 5.6 per cent in June, a government survey said on Monday. Illustration: Uttam Ghosh The unemployment rate (UR) in May was also 5.6 per cent,
The 18 per cent tax slab is expected to remain the major contributor to GST revenues if the Centre’s proposal for a two-tier GST structure and a special 40 per cent rate is implemented, according to a source. Illustration: Dominic
