Economy

India’s digital economy to account for one-fifth of GDP by 2029: Report

New Delhi: India's digital economy is growing at twice the pace of the overall economy and is projected to become one-fifth of the...

India, Israel discuss ways to strengthen cooperation in agri sector

New Delhi: Ambassador of Israel to India Reuven Azar on Friday called on Agriculture Secretary Devesh Chaturvedi and discussed opportunities for strengthening cooperation...

India GDP data to soothe nerves? Well, the economy’s recovery is likely clouded by trade risks ahead

India’s economy likely rebounded last quarter, although growth prospects remain uncertain in coming months as US President Donald Trump threatens to upend global...

UPI transactions in Jan surpass 16.99 billion, highest recorded in any month

New Delhi: UPI transactions in January surpassed 16.99 billion and the value exceeded Rs 23.48 lakh crore, marking the highest number recorded in...

ADB commits $200 million loan to expand urban services in Kolkata

The Asian Development Bank (ADB) has approved a USD 200 million loan to enhance the development of climate-and disaster-resilient sewerage and drainage infrastructure...

Space economy to grow 5 fold to $44 billion in a decade, says Union Minister Jitendra Singh

New Delhi: India's space economy is set to grow fivefold to $44 billion in the next decade, with private investments already crossing ₹1,000...

Australia to invest $16m to boost trade ties with India

New Delhi: Australia on Wednesday unveiled an ambitious roadmap to expand and diversify its trade and investment ties with India with a focus...

World Bank bullish on Indian economy, reaffirms faith in country’s potential

The World Bank on Wednesday expressed strong confidence in the Indian economy and appealed to all to come and invest in the country....

ET Exclusive: UK wants to be India’s premier league partner on FTA ground, says Jonathan Reynolds

The UK wants to be India’s “premier league partner,” secretary of state for business and trade Jonathan Reynolds told Kirtika Suneja and Deepshikha...

CBDT introduces new rules for business trusts and investment funds, tightening compliance and updating tax forms

The Central Board of Direct Taxes has implemented new rules requiring business trusts to file income distribution statements by June 15. Updated forms...

India, UK trade agreement ‘genuinely beneficial’ for both: British Trade Secretary Reynolds

The proposed free trade agreement (FTA) between India and the United Kingdom is "genuinely beneficial" to both countries as it would help boost...

Voluntary pension scheme for all on cards: Won’t be tied to employment, will be open for all

New Delhi: India is considering a Universal Pension Scheme that would be voluntary and contributory, aimed at providing social security to all, officials...

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