Search For "economic"
Theia Ventures Leads USD 1M Pre-Seed Round with Participation from Eximius
Updated : 1 month, 2 weeks ago IST
Bengaluru (Karnataka) [India], January 29: Theia Ventures, India's specialist early-stage fund focused on AI, deeptech, energy transition, and decarbonization, today announced that it has led a pre-seed investment round of US$1M in EarthSync, a unified Artificial Intelligence platform for re
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Eco survey raises concern of States fiscal situation, revenue surplus stat
Updated : 1 month, 2 weeks ago IST
The number of Indian states reporting a revenue surplus has declined sharply over the years, falling from 19 in FY19 to just 11 in FY25 (Provisional Accounts), highlighting rising fiscal stress at the state level, according to the Economic Survey.
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India's economic growth momentum strengthened alongside marked easing in i
Updated : 1 month, 2 weeks ago IST
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
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India remains world's largest recipient of remittances, inflows reach USD
Updated : 1 month, 2 weeks ago IST
Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, tabled the Economic Survey 2025-26 in the Parliament on Thursday.
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Economic crisis forces Health Department to cut anti-polio campaign durati
Updated : 1 month, 2 weeks ago IST
Major reductions have also been made to workers' facilities, sparking concerns that the anti-polio drive could be severely impacted. Polio workers, upset over the pay cuts, have staged protests and warned of further demonstrations. Assertions by the district administration regarding the erad
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Economic Survey 2025-26: Industry experts hail India's GDP growth driven b
Updated : 1 month, 2 weeks ago IST
India's economy is projected to expand at a rate of 6.8 to 7.2 per cent in the fiscal year 2027, according to the Economic Survey 2025-26 tabled in Parliament today. Industry leaders across the financial, insurance, and manufacturing sectors reacted to the findings, noting that the docume
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Banks NPAs reach multi-decadal low level, recovery rate doubled in FY25 fr
Updated : 1 month, 2 weeks ago IST
The Economic Survey highlighted that the recovery rate in NPAs in SCBs has approximately doubled from 13.2 per cent in FY18 to 26.2 per cent in FY25. The slippage ratio of SCBs, which measures the amount of new accretion to NPAs during the FY as a percentage of standard loans and advances as
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Economic Survey flags services as backbone of growth, urges skills and inn
Updated : 1 month, 2 weeks ago IST
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
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Bank credit to MSMEs remains robust amid policy push through guarantees, p
Updated : 1 month, 2 weeks ago IST
In November 2025, bank credit to this sector increased by 21.8% compared to a 13% increase in November 2024. Within the MSME sector, the credit extended to the micro and small enterprises has registered an increase of 24.6% (YoY) in November 2025, up from 10.2% in November 2024, data rele
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Economic Survey 2025-26 flags labour market progress, poverty reduction an
Updated : 1 month, 2 weeks ago IST
The survey notes that recent labour market indicators indicate improving employment conditions, driven by ongoing structural reforms. Monthly data from the Periodic Labour Force Survey (PLFS) show a largely stable labour market with seasonal variations, while quarterly averages indicate a
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With better fiscal health, fresh borrowings now used for past interest obl
Updated : 1 month, 2 weeks ago IST
The Economic Survey of India tabled in Parliament on Thursday highlighted a steady improvement in the Centre's fiscal position, noting that fresh government borrowings are now increasingly being used to service past interest obligations rather than to finance current spending.
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Agoda Launches Agoda Impact Lab at ASEAN Tourism Forum
Updated : 1 month, 2 weeks ago IST
Manila [Phillippines], January 29: Digital travel platform Agoda has announced the launch of Agoda Impact Lab, a pioneering initiative aimed at unlocking the future of travel and technology in Asia. The Lab, launched at ASEAN Tourism Forum, will serve as a launch pad for innovation and value
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