"In the wake of the historic trade agreement signed between India and the European Union, several industry representatives from Erode, Tiruppur, Coimbatore, and surrounding districts personally contacted me to share their enthusiasm and to explain the far-reaching benefits this agreement
Speaking to ANI on Friday, Mohanty said he is hopeful for improved facilities and new schemes to help MSMEs scale up, modernise, and remain competitive in the global market and stressed the need for easier access to credit without collateral as a key priority.
"Our deficit has only fallen with time, so there is consolidation. However, there is some degree of concern when it comes to the state deficits. There is a need to look at why some states are moving away from the Fiscal Responsibility and Budget Management (FRBM) or the kind of gains they ha
In an exclusive interview with ANI, responding to a question on how India can meet the ambitious growth targets of Viksit Bharat with a relatively modest savings rate, Nageswaran said growth depends not just on the volume of investment but also on how efficiently capital is used. He stres
Speaking on the impact of the India-EU tariffs on the Indian automobile sector, the minister said, "The Indian auto industry is doing exceptionally well. We haven't opened up the market for cars that sell for up to 25-30 lakh rupees. We have protected the auto industry completely." "If we
Speaking exclusively to ANI on the FTA, Goyal emphasised that the agreement is a win-win deal that will drive economic growth and create new opportunities for Indian businesses and citizens. Goyal highlighted the potential benefits of the FTA for India's textile sector, which is expected
Addressing the House, the Chairman greeted the Members and noted that India continues to be the fastest-growing major economy in the world and is poised to become the third-largest economy soon. He said India's growing influence and stature in the global economy make the role of Parliamen
While giving a detailed presentation on the Economic Survey, CEA said the Real GDP growth has improved steadily, rising from an average of 6.4 per cent during FY12-FY20 to 6.5 per cent in FY25, and is projected to accelerate further to 7.4 per cent in FY26. Growth is being supported by st
India's services sector continues to be the main driver of economic growth, contributing over half of the country's Gross Value Added (GVA) and playing a critical role in employment generation, exports, and investment, noted the Economic Survey laid in Parliament by Finance Minister Nirma
India's economic growth is expected to remain resilient in FY27, supported by strong domestic fundamentals, stable inflation and sustained policy momentum, even as the global environment turns increasingly uncertain due to rising geopolitical tensions and financial fragilities, noted the
India's economic growth remains resilient with strong domestic demand acting as the main anchor, even as the global environment continues to remain fragile, according to the Economic Survey of India tabled in Parliament on Thursday.