The Indian economy is expected to grow at 6.5% in the current financial year, despite geo-political tensions and trade policy uncertainties, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Tuesday (July 15, 2025). In an interview with PTI, Mr. Dev further said that domestic growth will be driven by…
India’s overall trade deficit contracted 9.4% in the first quarter of this financial year to $20.3 billion on the back of a nearly 11% growth in services exports during this period, according to official data. | Photo Credit: Getty Images/iStockphoto India’s overall trade deficit contracted 9.4% to $20.3 billion in the first quarter of this…
The committee, headed by senior BJP MP Baijayant Panda, is likely to submit the report in the upcoming Monsoon Session of Parliament. File | Photo Credit: PTI The Select Committee of Parliament that examines the Income Tax Bill-2025 is learnt to have finalised its report on Wednesday (July 16, 2025) with about 285 suggestions to…
Pakistan’s Prime Minister Shehbaz Sharif. File | Photo Credit: Reuters Pakistan recorded a current account surplus of $2.1 billion during the current fiscal year ending June 30, 2025, according to official data. Prime Minister Shehbaz Sharif hailed the development as a sign of an improving economy. The country faced a perennial issue of balance of…
The Free Trade Agreement between India and the four-nation European bloc EFTA will be implemented from October 1, Commerce and Industry Minister Piyush Goyal said on Saturday (July 19, 2025). The two sides signed the Trade and Economic Partnership Agreement (TEPA) on March 10, 2024. Under the pact, India has received an investment commitment of…
Union MoS for Finance and BJP MP Pankaj Chaudhary speaks in Lok Sabha during the Monsoon Session of Parliament, in New Delhi | Photo Credit: ANI The government is estimated to have forgone around ₹99,000 crore in revenue in the 2023-24 fiscal on account of tax incentives extended to corporates, Minister of State for Finance…
Image used for representative purpose only. | Photo Credit: Mohammed Yousuf The U.S., UAE, and China have emerged as the top three export destinations for India’s electronics sector during April-June quarter of 2025-26, according to the Commerce Ministry data. The Netherlands and Germany are other major export destinations for the country’s electronic exports. During April-June…
If a child pesters his father for money, his usual retort would be, “Do you think I’m out there shaking a money tree.” Yes, in a way, he is right, you can’t just pluck money off a tree. But even a small penny is like a seemingly small seed, which when nurtured and nourished carefully,…
Personal loan is often the preferred credit option for those seeking quick credit access with minimal documentation and no collateral. However, this ease of access leads many borrowers to overlook crucial aspects, leading to higher interest costs, unexpected charges or even a debt trap. Here are five common mistakes loan applicants should avoid: Not getting…
The number of asset management companies (AMC) have increased over the years. This makes it difficult for product differentiation in the equity space, as funds typically invest within the universe of 500 stocks comprising large-caps, mid-caps and small-caps. It is, therefore, not surprising to see AMCs creating different products to woo investors. A differentiating product…
