Image used for representational purposes. File | Photo Credit: Sudhakara Jain The government’s targeted welfare measures have significantly reduced poverty and improved income distribution, with the bottom 5-10% of the population registering the sharpest rise in consumption expenditure, the Economic Survey said on Thursday (January 29, 2026). The Survey highlighted positive outcomes from subsidies, pensions,…
Gold and silver prices are expected to remain at elevated levels amid persisting global uncertainties, unless a durable peace is established and trade wars are resolved, according to Economic Survey 2025-26. The survey highlighted that both gold and silver touched lifetime highs during 2025, reflecting heightened global uncertainty and strong safe-haven demand. The rally was…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Stating that about 40% of gig workers in India earn below ₹15,000 per month, the Economic Survey 2025-26 called for significant policy interventions in the gig economy, suggesting the setting of “minimum per-hour or per-task earnings”, which includes compensation for waiting time, to ensure…
The automobile industry witnessed tremendous growth in exports, with more than 53 lakh vehicles shipped across passenger, commercial, two-wheeler, and three-wheeler segments in the FY25, the Economic Survey said. | Photo Credit: Special arrangement Rising automobile exports are reflective of the increasing acceptance of India-manufactured vehicles across global markets, according to Economic Survey 2025-26. The…
Finance Minister Nirmala Sitharaman will be presenting the Budget for the ninth time on February 1, 2026. | Photo Credit: Reuters The Union Budget 2026-27 is set to be presented on Sunday (February 1, 2026) by Finance Minister Nirmala Sitharaman. This will be the minister’s ninth Budget speech and is being keenly watched by citizens…
Union Budget 2026 needs to focus on long-term vision to make Indian economy more resilient: Raghuram Rajan Former Reserve Bank of India (RBI) Governor Raghuram Rajan on Wednesday (January 28, 2026) suggested that the upcoming Budget should be integrated with a longer-term vision to make the Indian economy more resilient and independent, while accelerating growth,…
The Federal Reserve pushed the pause button on its interest rate cuts on Wednesday (January 28, 2026), leaving its key rate unchanged at about 3.6% after lowering it three times last year. Chair Jerome Powell said at a news conference that the economy’s outlook “has clearly improved since the last meeting” in December, a development…
‘We welcome more Indian enterprises to leverage platforms such as the China International Import Expo to bring more premium Indian products to the Chinese market, transforming trade deficits into cooperative surpluses.’ | Photo Credit: Reuters As the global economic and trade order suffers a severe blow, the giant ship of the Chinese economy once again…
The free trade agreement (FTA) between India and the European Union puts India on a level-playing field with a number of its competitors in a number of labour-intensive sectors such as textiles, apparel, leather goods, footwear, engineering goods, and marine products, India’s chief negotiator on the FTA Darpan Jain explained on Wednesday (January 28, 2026)….
The manufacturing sector grew 8.1% in December 2025, marginally slower than the 25-month high of 8.5% seen in November. File. | Photo Credit: Reuters Growth in industrial activity accelerated to a 26-month high of 7.8% in December 2025, driven by strong performances across sectors including manufacturing, electricity, and the consumer goods sectors, official data released…
