Economy

New Delhi: Prioritising investment in extensive grid infrastructure is crucial to achieve net zero emissions by 2070, the Economic Survey 2024-25, tabled in Parliament on Friday by Union Finance Minister Nirmala Sitharaman, suggested. The Survey noted that despite having a very low per capita carbon emission, India is on a development pathway. This not only

New Delhi: States should focus on business reforms on a priority basis to achieve buoyancies in some industrial or service sectors, the Economic Survey 2024-25 said on Friday. The Survey specified that four states – Gujarat, Maharashtra, Karnataka, and Tamil Nadu – account for about 43 per cent of the total industrial Gross State Value

New Delhi: The Economic Survey 2024-25 is another step to fast-track India’s dream of realising the long-term vision for Viksit Bharat, industry leaders said on Friday. The Survey rightly acknowledges the role of the private sector in nation-building and is forthright in its call for lowering the cost of business through deregulation and “getting out

New Delhi: The Economic Survey tabled by Finance Minister Nirmala Sitharaman in Parliament on Friday noted that health expenditure in the country grew to Rs 6.1 lakh crore in FY25. The growth was at a CAGR of 18 per cent and Rs 3.2 lakh crore in FY21, it said. “Health is a crucial component of

Mumbai: The Indian stock market on Friday continued its rise for the fourth straight day as Finance Minister Nirmala Sitharaman presented the Economic Survey 2024-25 in Parliament ahead of the Union Budget 2025-26. The Economic Survey pegs India’s GDP growth at 6.3-6.8 per cent for 2025-26. The BSE Sensex touched an intra-day high of 77,549.92

New Delhi: The Economic Survey highlights that providing adequate credit support to farmers, especially small and marginal farmers and vulnerable sections of society, is crucial to improving agricultural productivity and incomes in the agriculture sector. It points out that as of March 2024, the country has 7.75 crore operational Kisan Credit Card (KCC) accounts with

New Delhi: India’s Chief Economic Advisor V. Anantha Nageswaran said on Friday that the country will have to rely on domestic growth drivers as “the era of globalisation, faster and larger movement of trade and goods and services is behind us”. Addressing a press conference after the tabling of the Economic Survey in the Parliament,

New Delhi: India remains a bright spot on the global manufacturing map despite persistent geopolitical tensions, aggressive industrial and trade policies, supply chain disruptions and global trade slowdown, and fostering R&D investments, and innovations enhancing the growth and formalisation of smaller manufacturers will further drive growth across various sectors, the Economic Survey 2024-25 said on

New Delhi:  The agriculture sector in India has shown robust growth in recent years, averaging 5 per cent annually from FY17 to FY23, demonstrating resilience despite challenges, according to the Economic Survey 2024-25. The survey, tabled in the Parliament on Friday, pointed out that in the second quarter of FY25, the agriculture sector recorded a

Mumbai:  State-owned Punjab National Bank (PNB) on Friday posted impressive results for the quarter ending December 2024 (Q3 FY25) reporting a net profit of Rs 4,508.21 crore, a 103 per cent increase from Rs 2,222.8 crore in the same quarter last year. On a sequential basis, profit grew by around 5 per cent from Rs