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Bad loans decline: Banks’ gross NPA ratio declines to 13-year low of 2.5% at September end, says RBI report
December 27, 2024
GNPAs ratio of scheduled commercial banks (SCBs) declined to the lowest in more than 13 years …
In FY24, the consolidated balance sheet of commercial banks in the country remained robust, …
GNPAs of banks reduced by 15.9% YoY to Rs 4.8 lakh crore as on March 31, 2024. The improvement …
The Economics Times
Electronics goods emerge as fastest growing segment in India's exports
December 27, 2024
Electronics goods have emerged as the fastest-growing segment in India's export basket as new …
The country's electronic exports jumped by a robust 27.4 per cent to $22.5 billion in April-…
Within the electronics sector, smartphone exports have recorded a 45% increase in exports as …
Indian banks’ profitability improves for six straight years, balance sheet robust on low NPAs: RBI report
December 27, 2024
The profitability of banks improved for the sixth consecutive year in 2023-24 and their gross …
According to a report released by RBI, the financial position of Indian banks has stayed robust,…
India's macro fundamentals have boosted the performance and soundness of the banking and non-…
Indian economy to grow around 6.5% in FY25 amid global triggers, GDP to bounce back in second-half: FinMin report
December 27, 2024
The Indian economy is expected to grow nearly 6.5% in the current fiscal year 2024-25 (FY25)
The Finance Ministry expects a gross domestic product (GDP) growth of 6.5% in FY25 after the …
An increase in the MSP for rabi crops, a high reservoir level, and adequate fertiliser …
Railways conducts trial run of electric engine on India's first cable-stayed rail bridge in J&K
December 27, 2024
Indian Railways successfully conducted a trial run of an electric engine on the Anji Khad …
The Anji Khad Bridge is part of the USBRL project, aimed at enhancing connectivity, and is …
Union Railway Minister Ashwini Vaishnaw shared a video of the trial on social media platform X, …
Mutual Funds: Total asset size spikes 40% in a year, individuals own lion’s share as equity schemes turn favourites
December 27, 2024
The total assets managed by the mutual fund industry jumped nearly 40% in a year to ₹68.05 …
The increase is primarily attributed to investment by retail investors, that too in equity schemes
This year saw the launch of 205 New Fund Offers (NFOs), raising close to ₹1 lakh crore, which …
Passive investments surge in 2024: Index fund folios double, ETFs up 40%
December 27, 2024
Index funds and exchange-traded funds (ETFs) have added a record number of investment accounts …
Investment accounts, or folios, in index funds are on track to double during the ongoing …
Assets under management (AUM) in the passive investment segment surged 23% to ~11 trillion …
Toll mopup may top Rs 70,000 cr in 2024
December 27, 2024
India's toll collection in 2024 may exceed ₹70,000 crore as daily collections grow due to new …
With 164 toll plazas added in FY24 and FY25, the country now has 1,040 plazas, boosting revenue …
Daily average collection in 2024 stood at ₹191.14 crore as against ₹170.66 crore last year
From Rs 20,000 in 1882, Maha Kumbh cost in 2025 soars to Rs 7.5k crore
December 27, 2024
Prayagraj is preparing to host the largest-ever Maha Kumbh with an expenditure of Rs 7,500 …
Historical records show significant growth in the event's scale, from 8 lakh devotees in 1882 …
The archives show that during the 1882 Maha Kumbh, about 8 lakh devotees bathed on Mauni …
States with high malaria burden dip from 10 in 2015 to 2 in 2023: Government
December 27, 2024
The number of states/UTs falling with high malaria burden in India has come down from 10 in …
According to the health ministry, from 2015 to 2023, numerous states have transitioned from the …
In 2015, the ministry said, 10 states and UTs were classified as high burden (Category 3), of …
India's defence exports touched record Rs 21,083 crore in 2023-24, marks 32.5 pc growth
December 27, 2024
India's defence exports continue to rise touching a record Rs 21,083 crore (about USD 2.63 …
The figures indicated that the defence exports grew by 31 times in the last 10 years as …
Defence production went up to a record-high figure of Rs 1,26,887 crore, reflecting a growth of …
India In 2024: The Great Balancing
December 27, 2024
As the year concluded, PM Modi signed it off with a historic visit to Kuwait, the first visit …
PM Modi was awarded 'The Order of Mubarak Al Kabeer' by the Amir of Kuwait, Sheikh Meshal Al-…
India & Kuwait elevated their ties to a ‘strategic partnership' with a focus on diverse areas
Empowering India’s Farmers: How PM Modi’s Vision Is Transforming Agriculture
December 27, 2024
PM Modi has revolutionised the agricultural ecosystem over the last decade
Through bold initiatives and transformative policies, PM Modi has not only strengthened the …
Programmes like the ‘Lakhpati Didi’ initiative are uplifting millions of women, recognising …
STPI Software Exports From Tier 2-3 Cities Soar
December 27, 2024
Tier 2-3 cities drove a 28% surge in software exports via STPI firms
Smaller cities are emerging as India’s new IT growth hubs
Decentralized IT growth unlocks opportunities beyond metros
Travel boom in India will enable branded hotels log double-digit growth this fiscal and next: Crisil
December 27, 2024
Branded hotels in India to witness double-digit revenue growth this fiscal and next
Crisil credits increased domestic and international travel for the surge
India's travel boom reflects a strong recovery for the hospitality sector
Annual malaria cases at 2 mn in 2023, down 97% since 1947: Health ministry
December 26, 2024
India's malaria cases dropped by 97% since 1947, with 2 million cases reported in 2023: Health …
The Health Ministry highlights the success of enhanced prevention and treatment strategies in …
India's epidemiological progress is particularly evident in the movement of states to lower …
EPFO membership surges with 1.34 million net additions in October
December 26, 2024
EPFO reported a net addition of 1.34 million members in October, reflecting growing employment …
Provisional payroll data for October reveals positive trends in both new enrolments and …
A striking trend in the data is the strong representation of young workers. The 18–25 age group …
In a first, micro insurance premium in life segment tops Rs 10k cr in FY24
December 26, 2024
In 2023-24, new business premium (NBP) in life insurance’s micro-insurance segment, surpassed …
Overall NBP rose to Rs 10,860.39 crore, rising 23.5% from Rs 8,792.8 crore in FY23: IRDAI
Private life insurers drove the segment with over Rs 10,708.4 crore while LIC accounted for …
Govt aims to distribute 2.2 crore Svamitva property cards by March 2026, says Panchayati Raj secretary
December 26, 2024
The government aims to distribute 21.9 million Svamitva property cards by March 2026 to …
5.8 million cards will be distributed by PM Modi to 50,000 villages across 12 states and UTs on …
The government has so far provided 13.7 million Svamitva property cards under the Svamitva scheme
Healthy FDI inflows into India to continue in 2025
December 26, 2024
India, averaging over USD 4.5 billion in monthly FDI inflows since January this year, is tipped …
In the January-September period this year, FDI into the country rose by about 42% to USD 42.13 …
The inflows during April-Sept 2024-25 grew by 45% to USD 29.79 billion against USD 20.48 …
India’s leadership has a valuable role to play in a multipolar world
December 26, 2024
Initiatives such as ISA & Global Biofuels Alliance showcase India’s commitment to drive global …
Rooted in the principles of strategic autonomy & multi-alignment, India’s nuanced approach to …
We are proud to support India’s vision, ambitions and endeavours, paving the way for a more …
Start-up momentum
December 26, 2024
India is undergoing an entrepreneurial boom, ranking among the top three global start-up …
With 820 million internet users and a 55% penetration rate, entrepreneurs now have the tools to …
India’s Deep Tech ecosystem, with over 3,600 start-ups, raised $850 million in 2023
Good Governance Day: From scrapping obsolete laws to digital reforms, how India changed in 10 years
December 26, 2024
It has been a decade since Good Governance Day is being observed & during this time, the …
Nearly 2000 outdated rules and regulations have been scrapped to simplify governance and make …
Among the most visible transformations has been the integration of cleanliness into governance
Startups create 1.6 million jobs: Govt
December 26, 2024
Startups have generated over 1.6 million jobs across India, with the DPIIT recognising 1.57 …
India boasts more than 73,000 startups with at least one woman director
India's vibrant ecosystem, driven by affordable internet and a young workforce, has produced …
Shah launches 10k multipurpose co-ops, eyes 2 lakh target before-time
December 26, 2024
Union Home & Cooperation Minister Amit Shah announced the launch of 10,000 new M-PACS aimed at …
The government's vision includes forming 2 lakh such societies within 5 years, providing …
The new M-PACS, which include credit societies as well as dairy and fisheries cooperatives, …
Purvodaya 2024: All roads lead toward Viksit Bharat
December 26, 2024
A turning point came in July 2024, when Finance Minister Nirmala Sitharaman announced the ‘…
Back in 2015, PM Modi spoke of the need to uplift Eastern India while addressing a gathering in …
Over the past decade, Eastern India has seen the establishment of premier institutions and …
PM Modi to issue over 5.8 million SVAMITVA property cards in virtual event
December 26, 2024
Over 58 lakh property cards providing 'Record of Rights' will be issued for owners in over 50,…
SVAMITVA Scheme, which was launched in 2020, aims at providing a "Record of Rights" to every …
92 percent of the drone mapping has been done covering around 3.17 lakh of the over 3.44 lakh …
Electronics exports soar 28% in Apr-Nov of FY25, led by smartphone surge
December 26, 2024
Driven by smartphone, electronics exports have reached $22.5 billion in value in the first …
The record performance makes electronics the fastest-growing among India’s top-10 exports in FY25
Electronics, which was ranked 6th at the end of the first eight months of FY24, is now firmly …
Indian Railways completes trial run on India’s first cable-stayed rail bridge in Jammu & Kashmir
December 26, 2024
The Indian Railways has completed a trial run of a tower wagon on the Anji Khad Bridge, India’s …
The trial run on the Anji Khad Bridge, a key component of the Udhampur-Srinagar-Baramulla …
The achievement marks a significant step toward connecting the Kashmir Valley to the rest of …
Railways Sets Up Luxury Tent City for Devotees Attending 2025 Maha Kumbh
December 26, 2024
The Indian Railways created a luxury tent city for 2025 Maha Kumbh devotees
World-class amenities enhanced pilgrim experience near Prayagraj
Upgraded accommodation infrastructure set new standards for spiritual tourism in India
Online job postings rose by 20% in 2024, driven by digital adoption and SMB sector growth: report
December 26, 2024
Online job postings rose by 20% in 2024, driven by digital transformation: Report
SMB sector growth fuels demand for skilled professionals in 2024: Report
Digital adoption continues to create more job opportunities in the tech-driven economy: Report
From Mission Divyastra to Predator Drones: India's big defence advancements in 2024
December 26, 2024
2024 saw India advance defence tech with Mission Divyastra & Predator drones, boosting …
Predator drones & indigenous programs like Mission Divyastra reflect India’s growing focus on …
India’s defence strides in 2024 position it as a key player in global security
"Babasaheb guided India's water conservation efforts but Congress never gave him credit": PM Modi
December 26, 2024
PM Modi credits Dr. Ambedkar for shaping India’s water conservation policies but says Congress …
Where there is good governance, both current challenges and the future are given attention: PM Modi
Good governance is the hallmark of BJP governments: PM Modi
India's focus on tourism is not only to attract tourists but also to create employment and attract Forex
December 26, 2024
India's Swadesh Darshan 2.0 scheme sanctions ₹793.20 crore for 34 sustainable tourism projects, …
India’s tourism strategy focuses on creating jobs and attracting Forex alongside boosting …
Swadesh Darshan 2.0 focuses on responsible tourism, including projects in border areas, …
From Paralysis to Progress: How PM Modi Stirred A Stagnant Ship
December 26, 2024
PM Modi’s leadership transformed India, addressing inefficiencies and driving bold reforms
From economic revival to social progress, PM Modi’s tenure marked a new era of governance
PM Modi steered India from stagnation to progress with decisive actions and visionary reforms
India now has over 73,000 startups with a woman director: Government
December 26, 2024
India reaches 73,000+ startups with women directors, empowering female entrepreneurship
Women-led startups are reshaping India’s business landscape, driven by supportive policies and …
The Indian startups are achieving global recognition, companies like Nykaa, Ola, BYJUs have …
Getting permanent jobs for about 10 lakh youth in the last one and a half years is a big achievement in the Modi government
December 26, 2024
PM Modi distributed joining letters to 71,000 youths on Dec 23, 2024, at employment fairs …
In the past 18 months, the Modi government created 10 lakh permanent jobs in diverse sectors
The surge in demand for government jobs highlights the significance of providing 10 lakh …
‘Hala Modi’: How focus on ‘Indians abroad’ has become as a major factor in India’s foreign policy success
December 26, 2024
An event with the Indian diaspora called ‘Hala Modi’ was a major attraction of the visit and …
PM Modi’s visit to a Labour Camp in Kuwait was an effort towards connecting deeply and …
‘Indians Abroad First’ policy has added not only to the outreach of India in the world but has …
PM Modi Launches Ken-Betwa River Link Project In MP's Khajuraho: 'Good Governance Is BJP's Identity'
December 26, 2024
PM Modi laid the foundation stone of the Ken- Betwa River Linking National Project in Madhya Pradesh
The Ken- Betwa river linking national project is the country’s first interlinking of rivers …
11 districts of Bundelkhand will get access to drinking water and water for irrigation and …
EPFO membership rises in Oct led by 18-25-yr-olds; women join to lead the pack
December 26, 2024
The EPFO registered a net addition of 13.41 lakh members in October 2024: Data
The new members added to EPFO during Oct-2024, around 2.09 lakhs are new female members
Maharashtra is leading with 22.18% of net members added to EPFO during October 2024
Mutual fund industry on a high, asset surges Rs 17 trillion in 2024
December 25, 2024
After a stellar 2023, the mutual fund industry sustained its growth momentum in 2024 with an …
The year 2024 saw a substantial net inflow of Rs 9.14 lakh crore, alongside a significant 5.6 …
The inflows lifted the MF industry's AUM, reaching an all-time high of Rs 68 lakh crore by …
How Modi Government Defined A Decade Of Good Governance In India
December 25, 2024
December 25 each year was designated as ‘Good Governance Day’ by PM Modi in 2014. The day has …
One of the hallmarks of the Modi government is its ability to deliver good governance to the …
The JAM trinity, which has now metamorphosed into the ‘India Stack’, has played a crucial role …
Indian Markets Outperformed With Positive Returns For 9th Consecutive Year In 2024
December 25, 2024
Indian equity markets are on track to close 2024 with positive returns for the ninth …
The Nifty 50 index has gained 9.21% so far this year, while the Sensex index has risen by 8.62%,…
The resilience, combined with improving domestic conditions, is expected to support India's …
MSME sector exports witnessing robust growth in recent years
December 25, 2024
India's Micro, Small, and Medium Enterprises (MSMEs) exports have witnessed a remarkable rise, …
The total number of exporting MSMEs in 2024-25 has also increased considerably from 52,849 in …
MSMEs demonstrated an exemplary growth trajectory, contributing 45.73% to exports in 2023-24, …
Private equity investments in Indian real estate sector increase by 10%
December 25, 2024
In 2024, private equity investments in Indian real estate reached USD 4.3 billion, a 10% year-on-…
According to the data by Savills India, foreign institutional investors accounted for 88% of …
The industrial and logistics sector attracted most investments, and the residential sector saw …
Indian carriers see 12% more domestic flyers at 14.2 million in Nov
December 25, 2024
Indian airlines carried 1.42 crore passengers on domestic routes in November, nearly 12% more …
Domestic air passenger traffic was at 142.52 lakh in November compared to 127.36 lakh in the …
In terms of domestic market share, IndiGo topped the list with a 63.65 pie, followed by Air …
Gross leasing of office space rises 14% in top 6 cities: Colliers India
December 25, 2024
Office space demand remained strong this year with gross leasing of workspace rising 14% to a …
Bengaluru saw a record office leasing of 21.7 million square feet in 2024, up 39% from 15.6 …
The gross office space leasing in Hyderabad rose 56% to 12.5 million square feet from 8 million …
NRI deposits see $12 bn inflows in April-October FY25, shows RBI data
December 25, 2024
Overseas Indians deposited around $12 billion in NRI deposit schemes in April-October (FY25), …
In April-October (FY25), inflows into the NRI schemes stood at $11.89 billion, compared to $6.…
In October alone, a little over $1 billion was deposited by overseas Indians in various NRI …
RBI report sees economic recovery in Q3; FPI flows turns positive in Dec
December 25, 2024
India’s gross domestic product (GDP) growth is making a comeback in the October–December period,…
India’s growth trajectory is poised to lift in the second half of 2024-25, driven mainly by …
Sustained government spending on infrastructure is expected to further stimulate economic …
Indian IT hiring: 2025 promises rebound; AI/data science roles to dominate job market
December 25, 2024
Indian IT hiring landscape is at a pivotal juncture as it transitions towards a more hopeful …
The focus on specialised skills, particularly in AI and data science, combined with …
The demand for roles in AI and Machine Learning (ML) surged by 39%, reflecting a shift towards …