Uttar Pradesh has witnessed a significant economic surge, becoming the second fastest growing state in India. According to the latest report by the Ministry of Statistics and Programme Implementation, the state’s Gross State Domestic Product (GSDP) growth rate jumped from 5.5 percent to 8.9 percent. Chief Minister Mr. Yogi Adityanath’s advisor, Mr. Avnish Kumar Awasthi,…
For the past few weeks, the economic discourse on tackling tariff hikes and the steps needed to overcome the resulting challenges from a potential dent in export demand has kept Indian businesses on their toes. Against this backdrop, the announcement of an imminent cut in GST rates has lifted trade sentiment, pushing many back to…
With US President Donald Trump reviving his tariff agenda and global supply chains under pressure, calls for bolstering domestic production through “Make in India” have resurfaced. Over the last decade, the Government has rolled out various initiatives, most notably the Production Linked Incentive (PLI) schemes, aimed at boosting manufacturing and creating a strong electronics ecosystem.…
India’s current account deficit is expected to rise from 0.6% to 1.2% of GDP by FY26, influenced by trade conditions and global commodity prices. The oil trade deficit increased significantly in July 2025, reaching $27.35 billion. India’s current account deficit is projected to nearly double in the financial year 2025-26, increasing from 0.6 per cent…
Prime Minister Narendra Modi on Sunday launched a blistering attack on previous governments in Delhi, accusing them of “ruining the Capital and pushing it into a pit of neglect”, even as he praised the newly elected BJP government under Chief Minister Rekha Gupta for “cleaning the mess” left behind. Modi’s remarks came after he inaugurated…