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Just in:   • Morgan Stanley upgrades India’s growth at 6.2 pc for FY26 and 6.5 pc for FY27  • CCI playing a key role in ensuring free and fair markets: FM Sitharaman  • Good discussions on expediting first tranche of India-US trade pact: Piyush Goyal  • FTA likely to double India’s apparel, textile exports to UK: Report  • South Korea, US to hold 2nd round of tariff talks in Washington this week  Last updated: 21 May, 2025    India Economy News India’s bioeconomy aims to reach $300 billion by 2030: Dr Jitendra Singh Staff Reporter | 14 May, 2025 India’s bioeconomy has seen an exponential rise under the Prime Minister Narendra Modi government -- from $10 billion in 2014 to $165.7 billion in 2024 -- and aims to reach $300 billion by 2030, Union Minister Dr. Jitendra Singh said on Wednesday..    Read more.... India heading to become 3rd largest economy, Pakistan on brink of collapse IANS | 07 May, 2025 While Pakistan has threatened to respond forcefully to India's attack on terrorist infrastructure in the neighbouring country, the stark economic contrast between the two countries also bears testimony to the disparate paths that the two neighbours have been pursuing since they became independent from British rule..    Read more.... India poised to replace Japan as world’s 4th-largest economy this year: IMF IANS | 06 May, 2025 India is poised to become the world’s fourth-largest economy in 2025 with the country’s nominal GDP rising to $4,187.017 billion during the year to surpass Japan’s GDP pegged at $4,186.431 billion, according to the IMF’s World Economic Outlook report..    Read more.... Solid monetary frameworks helped emerging markets navigate recent crises: Gita Gopinath IANS | 27 Apr, 2025 Emerging markets have shown strong resilience through recent crises by building strong monetary policy frameworks and committing to inflation targeting, IMF chief economist Gita Gopinath said on Sunday..    Read more.... 15.43 lakh new workers enrolled for benefits under ESI Scheme in Feb IANS | 25 Apr, 2025 The provisional payroll data of the Employees’ State Insurance Corporation (ESIC) released on Friday shows that 15.43 lakh new employees have been added during February this year..    Read more.... Indian households well positioned to support 6.5 pc growth over 3-5 years: Morgan Stanley IANS | 25 Apr, 2025 The households in India remain well positioned to support 6.5 per cent growth over the next 3-5 years, a Morgan Stanley report said on Friday..    Read more.... India needs to enhance man-made fibre capabilities to boost exports: Experts IANS | 23 Apr, 2025 There is a critical need for a resilient and sustainable fibre ecosystem in India, while adopting a cohesive and forward-thinking strategy to enhance man-made fibre (MMF) capabilities to end the global dominance of China in polyester production, experts said here on Wednesday..    Read more.... Centre tightens vigil to check flow of cheap imports amid US tariff hikes IANS | 23 Apr, 2025 The government has set up a taskforce to keep a close watch on attempts by other countries to dump goods at predatory prices to exploit the Indian market, following the hike in tariffs announced by the Donald Trump administration which makes it difficult to export to the US, a top government official said on Wednesday..    Read more.... FIU-IND signs MoU with RBI for closer ties to combat money laundering IANS | 18 Apr, 2025 The Financial Intelligence Unit-India (FIU-IND) and the Reserve Bank of India (RBI) signed a Memorandum of Understanding (MoU) here on Thursday as part of continued efforts to strengthen coordination for the effective implementation of the Prevention of Money Laundering Act and Rules framed thereunder..    Read more.... Smartphones Top India’s Exports in FY25: Vaishnaw IANS | 17 Apr, 2025 In a historic achievement, smartphones emerged as India’s largest export category in the first 10 months of FY25 -- marking a major success story under the government’s production-linked incentive (PLI) scheme, Union Minister for Electronics and IT, Ashwini Vaishnaw, said on Thursday..    Read more....     Customs Exchange Rates Currency Import Export US Dollar 84.35 82.60 UK Pound 106.35 102.90 Euro 92.50 89.35 Japanese Yen 55.05 53.40 As on 12 Oct, 2024   Daily Poll Do you think Indian businesses will be negatively affected by Trump's America First Policy?  Yes  No  Can't Say   Commented Stories

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