1+ hour, 53+ min ago  (591+ words) Beijing, Mar 5 (PTI) China on Thursday lowered its GDP target to 4.5 to 5 per cent for this year in the face of Trump's trade tariff war, the worsening global crisis following the US-Iran war and headwinds in the domestic economy, owing…...

5+ day, 17+ hour ago  (190+ words) India recorded 7.8 per cent economic growth in the October'December quarter of 2025'26, accelerating from 7.4 per cent in the same period last year, as per the new national accounts series with 2022'23 as the base year. Also read: GDP growth projected at 7.4 per…...

6+ day, 15+ hour ago  (423+ words) India has weathered an increasingly uncertain global environment with notable resilience, but underlying risks remain elevated, said Crisil Chief Economist Dharmakirti Joshi. Delivering the inaugural address at the 16th Annual Finance Conference at the Great Lakes Institute of Management in Chennai…...

2+ week, 1+ day ago  (680+ words) Tamil Nadu recorded its strongest economic performance in over a decade in 202425, emerging as the fastest-growing state in India with a real Gross State Domestic Product (GSDP) growth rate of 11.19 per cent, according to the Economic Survey of Tamil Nadu…...

2+ week, 6+ day ago  (743+ words) In a major overhaul, the new 2024 series of Consumer Price Index (CPI), released on Thursday (February 12) to replace the 2012 one, has made significant changes in the weightage given to various items. These changes are based on the Household Consumption Expenditure…...

1+ mon, 2+ day ago  (955+ words) Praveen Chakravarty, political economist and chairperson of the All India Professionals' Congress, has questioned the substance of the Union Budget 2026, arguing that headline growth numbers and fresh announcements conceal deeper weaknesses in the economy, especially on jobs, household incomes and…...

1+ mon, 2+ day ago  (606+ words) Southern states have a reason to smile at the 16th Finance Commissions (FC) award even if the overall tax share remains unchanged at 41 per cent (vertical devolution). Their long-pending grievance has been addressed to some extent with their share rising significantly…...

1+ mon, 3+ day ago  (1317+ words) Union Finance Minister Nirmala Sitharaman's Budget 2026 announcements on Sunday (February 1) delivered what the information technology (IT) sector hailed as a breakthrough: expanding transfer-pricing Safe Harbour eligibility from Rs 300 crore to Rs 2,000 crore in annual revenue, consolidating multiple IT service categories…...

1+ mon, 3+ day ago  (302+ words) Finance Minister Nirmala Sitharaman, in her Budget 2026-27 speech in the Lok Sabha on Sunday (February 1), said fiscal deficit for the fiancial year 2026-27 is estimated at 4.3 per cent of GDP. This is lower than the 4.4 per cent projected for the current…...

1+ mon, 6+ day ago  (590+ words) Every year, the Union Budget is preceded by a quiet but symbolic ritual in North Block of the Finance Ministry, the Halwa Ceremony. The ceremony marks the commencement of the process of printing the Union Budget. Also Read: Economic Survey…...