Economy Current Affairs

Microsoft’s US$17.5 Billion Investment in India to Drive AI Diffusion at Population Scale

Microsoft has announced a record US$17.5 billion investment in India for 2026–2029—its largest-ever Asia investment—to strengthen AI infrastructure, population-scale AI solutions, and digital sovereignty.The plan includes building India’s largest hyperscale AI datacenter region in Hyderabad, integrating AI into e-Shram and NCS to benefit 310 million informal workers, doubling its skilling target to 20 million Indians, […]

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India Exports Fortified Rice to Costa Rica

In a landmark step that merges health, technology, and international trade, India has exported its first consignment of fortified rice kernel (FRK) to Costa Rica. This 12-metric tonne shipment from Chhattisgarh, facilitated by the Agricultural and Processed Food Products Export Development Authority (APEDA), marks a new chapter in India’s agricultural exports. It also strengthens the

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Amit Shah highlights 70% growth in India’s dairy sector

Union Home Minister Amit Shah said India has made significant strides in the dairy sector over the past 11 years, noting that it has grown by 70 per cent during this period and is now the fastest-growing sector in the world. Milk production skyrocketed from 146 million tonnes in 2014-15 to an impressive 239 million

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SBI Contributes $44 Billion to World Economy

A recent SBI Research report reveals that India provided $297 billion to the world economy in FY25, accounting for 6.7% of global GDP growth. In this report, SBI allocated $44 billion, or 1.1% of the growth globally. The data showcases SBI’s significant role in contributing to India’s economic growth, and the world’s growth too. A

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India’s FDI Inflows Surge to $8.8 Billion in April 2025

India has seen a substantial increase in Foreign Direct Investment (FDI) inflows with $8.8 billion coming in during April 2025, as reported by the Reserve Bank of India (RBI) in their monthly bulletin. This is a substantial increase from March 2025 with $5.9 billion and also April 2024 with $7.2 billion. This data signals that

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Tata Group Becomes India’s First $30-Billion Brand

According to the Brand Finance report – India 100 for 2025, Tata Group is the first Indian brand to break the $30 billion dollar threshold in brand value. The group has a brand value of $31.6 billion, having increased by 10% year-on-year. The report reflects the increasing significance of India on the global business stage

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Net Direct Tax Collection Dips by 1.39% in Q1 FY2025-26

During the first quarter of FY 2025-26, net direct tax collection by India’s government is down 1.39% year-on-year to ₹4.59 lakh crore. Update released by government on 21 June 2025 would attribute slightly greater reduction in net tax collections as a result of considerably delayed advance tax collection, notably reported from corporate sector. The Central

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India Surpasses Japan to Become the World’s 4th Largest Economy

India has achieved a significant economic milestone by becoming the fourth-largest economy in the world, surpassing Japan, with a nominal GDP of USD 4 trillion.This was officially confirmed by NITI Aayog CEO BVR Subrahmanyam during the 10th Governing Council Meeting, citing IMF’s April 2025 World Economic Outlook.India is now projected to maintain its status as

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India Set to Become 4th Largest Economy in 2025, Says IMF

India is projected to become the world’s fourth largest economy in 2025, overtaking Japan, according to the April 2025 Outlook released by the International Monetary Fund (IMF). The IMF estimates India’s GDP to reach $4.187 trillion, slightly ahead of Japan’s $4.186 trillion, placing India behind only the U.S., China, and Germany. This projection highlights the

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India Remains 4th Largest Economy In World, US at No. 1

India, with a GDP of $4.39 trillion, stands as the fourth-largest economy globally, maintaining its momentum as the fastest-growing major economy.The IMF’s World Economic Outlook for April 2025 estimates India’s growth rate at 6.2% for 2025, down slightly from previous forecasts but still robust.The nation is set to surpass Germany and Japan to become the

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