Economy

India Targets 1 Trillion USD Exports in FY27; Merchandise Exports By 17 Percent, Says Piyush Goyal

India aims to raise 1 trillion USD in exports by FY27 and 17% in merchandise exports, says Piyush Goyal.

India’s Industrial Output Grows 5.1 Percent in May; Manufacturing, Electricity Drives Momentum

Manufacturing and electricity contributed to India's industrial production's 5.1% increase in May.

India’s Beauty Products Market Projected to Reach 39 Billion USD by 2030; Gen Z, Non-Metros Drive Growth, Report

According to research, India's cosmetics industry is expected to reach 39 billion USD by 2030, with non-metros and Gen Z contributing significantly to the expansion.

Maharashtra Government Signs MoUs Worth Rs 4,080 Crore in Electronic, Logistic Sectors

The Maharashtra government have signed MoUs worth Rs. 4,080 crore in the electronics and logistics sectors.

Piyush Goyal to Visit Canada Next Week to Boost Trade and Investment Ties

Next week, Piyush Goyal will go to Canada in an effort to strengthen trade and investment connections.

Government to Get Payment of Rs 2.87 Lakh Crore Dividend From RBI, Board Approves

The RBI board has approved to grant the government a dividend of Rs 2.87 lakh crore from the bank.

Gold, Silver Import Duty Raised to 15 Percent, What it Means For the Buyers

Gold and silver prices have skyrocketed. Adding to the price fluctuations in recent days, import duty on these commodities has been raised to 15%.

CPI Inflation Hits 3.48% in April Driven by Food Price Surge

A surge in food prices caused the CPI inflation rate to reach 3.48% in April.

India Needs to Build Domestic Risk Capital, Cut Foreign Reliance: Uday Kotak

According to Uday Kotak, India must reduce its reliance on foreign investment and create its own risk capital.

India’s Private Capex Jumps 67% To Rs 7.7 Lakh Crore In September Last Year: CII Reports

According to the CII report, India's private capex jumped 67% to Rs. 7.7 lakh crore in September 2025.

RBI Governor Sees Strong Domestic Fundamentals, Flags Global Economic Risks

RBI governor Sanjay Malhotra recently said in an event that India is showing resilience amid global uncertainty.

Government Raises Windfall Tax on Diesel and ATF: What the New Rates Mean for Consumers

The government has imposed a windfall tax hike on diesel and ATF.

Gold Imports Skyrocket to 69 Billion US Dollars with 29 Percent Increase in Apr-Feb 2025-26

Gold imports have reached 69 billion US dollars with a 29% increase in April-February 2025-26. Let's understand the trends and factors resulting in this growth.

India Expected to Bypass Middle Income Trap: Insights from the Recent Report

A recent report says that India is expected to bypass the middle income trap.

Cabinet Approves Rs. 2,585 Crore Small Hydro Power Development Scheme

A Rs. 2,585 crore small hydro power development project receives Cabinet approval.

Price Hike: Air India, Air India Express to Implement Fuel Surcharge on Tickets

Air India and Air India Express to levy a fuel surcharge on tickets, as per the reports. What every traveller needs to know.

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