Indian Economy

Surge in UPI payments reduced cash usage: IMF

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Is Cash Becoming a Relic? The UPI Revolution in India Remember the days of fumbling for exact change, or frantically searching for an ATM before ...

Rural India shops brands, urban goes beyond labels

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Beyond the Billboard: How Rural India Is Rewriting the Rules of Consumerism The narrative used to be simple: urban India craved brands, rural India lagged ...

I-T relief: Growth in direct tax receipts dips to 3.2%

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Decoding India’s Direct Tax Revenue: A Look Beneath the Surface India’s economic narrative is often told through numbers – GDP growth, inflation rates, and of ...

RBI outlook to Parliament panel: Malhotra says economy strong; Rs 2,000 notes still legal but out of circulation

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RBI Governor Sanjay Malhotra briefed the Parliamentary Committee on Finance, highlighting the Indian economy’s resilience amidst global challenges. He addressed concerns about the status of ...

West Bengal to host ‘Business and Industry’ Conclave: Event likely later this year; things to know

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West Bengal is set to host a ‘Business and Industry Conclave’ after the Puja festivities, aiming to accelerate industrialization before the upcoming assembly elections. The ...

Staffing industry pushes for lower GST; pitches 5% slab to aid formal hiring

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The Indian Staffing Federation urges the finance ministry to lower the GST rate on employment services from 18% to 5%. ISF argues this reduction would ...

India’s nominal GDP may hit a six-year low: Report

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Jefferies projects a slowdown in India’s corporate revenue and earnings growth for FY26 due to an anticipated moderation in nominal GDP growth to 9%, the ...

‘Investors have faith in India, capex happening’

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Rajiv Memani, the new CII president, anticipates a strong rebound in India’s economic growth, despite some sectors facing challenges due to geopolitical issues and uneven ...

Most banks see muted loan growth in June quarter

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India’s banking sector experienced a slowdown in the June quarter, marked by subdued credit growth and inconsistent deposit performance. HDFC Bank, along with Punjab National ...

India’s growth story: New technologies to shape future; Piyush Goyal highlights boost to startup ecosystem

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Union Minister Piyush Goyal emphasized that India’s future growth will be fueled by technology, innovation, and startups at the IIT Madras Alumni Association event. He ...