The central government's expenditure is projected to grow by around 15 per cent year-on-year (YoY) in the second half of the financial year 2025, with capital expenditure (capex) surging by an impressive 25 per cent YoY, according to a report by Jefferies.
This rise is largely attributed to favourable government policies like the Production Linked Incentive (PLI) scheme, which covers 14 sectors, and the global shift towards the "China + 1" strategy, where manufacturers diversify supply chains away from China.
A recent analysis by CRISIL Ratings, which examined 58 gold jewellery retailers representing a third of the organised sector's revenues, indicates that the sector will benefit from improved working capital management.
The Pradhan Mantri Jan Dhan Yojana (PMJDY) which completed ten years of its implementation on Wednesday has had a profound impact on every corner of the country.
United Nations agencies have said that the restrictions imposed by the Taliban on women and girls will increase the number of child marriages among Afghan girls by 25 per cent, Afghanistan-based TOLO News reported.
A total of 200,199 international passengers travelled through Ahmedabad airport in January, with an increase of 25 per at Sardar Vallabhbhai Patel International Airport in January 2024, said Adani Group in a release.
Union Minister Hardeep Singh Puri on Friday said that India is keen to increase its share of manufacturing in the gross domestic product (GDP) from 17 per cent to 25 per cent.
Ministry of Railways on Saturday announced that it was delegating powers to the Zonal Railways to introduce discounted fare scheme in trains with AC chair cars.
The Institute has achieved rank 364 in the world in the overall ranking and ranked 7 in India. With this, the Institute has improved its global rank by 20 places and its Indian rank by 1 place.
Indian Railways is able to fully meet the pension expendituress has registere after having registered record revenue figures of Rs. 2.40 Lakh Crore for the Financial Year 2022-23. This is nearly Rs.49,000 Crore more than the previous year, reflecting 25 per cent growth, stated an official re