Economy Current Affairs

Govt Sets Up Panel to Draft Plan for New National Manufacturing Mission

Govt Sets Up Panel to Draft Plan for New National Manufacturing Mission

The Indian government has formed an inter-ministerial committee, led by Niti Aayog CEO B V R Subrahmanyam, to develop a comprehensive framework for the National Manufacturing Mission, announced in the 2025 Union Budget.The mission aims to increase the manufacturing sector’s contribution to India’s GDP (currently at 16-17%) through initiatives focused on ease of doing business, […]

Govt Sets Up Panel to Draft Plan for New National Manufacturing Mission Read More »

EY Report Projects 6.5% Growth in FY26 For India

EY Report Projects 6.5% Growth in FY26 For India

The EY Economy Watch report projects India’s GDP growth at 6.5% for FY26, stressing the need for a balanced fiscal strategy that promotes economic expansion while maintaining fiscal prudence. It highlights the importance of government investment in education and healthcare, a higher revenue-to-GDP ratio, and equalization transfers to reduce regional disparities. Achieving the 6.5% growth

EY Report Projects 6.5% Growth in FY26 For India Read More »

First-Ever Export of Anthurium Flowers from Mizoram to Singapore

First-Ever Export of Anthurium Flowers from Mizoram to Singapore

In a significant achievement for India’s floriculture industry, especially in the North Eastern Region (NER), the Agricultural and Processed Food Products Export Development Authority (APEDA) has successfully overseen the first-ever export of Anthurium flowers from Mizoram to Singapore. The shipment, which included 1,024 cut flowers weighing 70 kg packed in 50 corrugated boxes, was sent

First-Ever Export of Anthurium Flowers from Mizoram to Singapore Read More »

IRDAI Appoints Five New Members to Insurance Advisory Committee

IRDAI Appoints Five New Members to Insurance Advisory Committee

The Insurance Regulatory and Development Authority of India (IRDAI) has officially announced the addition of five new members to the restructured Insurance Advisory Committee. These appointments are made in accordance with Section 25 of the IRDA Act, 1999, and Regulation 3A of the IRDA (Insurance Advisory Committee) Regulations, 2000. The new members come with a

IRDAI Appoints Five New Members to Insurance Advisory Committee Read More »

India’s GDP to Reach $5.7 Trillion, Becoming Third Largest by 2028

India’s GDP to Reach $5.7 Trillion, Becoming Third Largest by 2028: Morgan Stanley

According to a report from Morgan Stanley, India’s GDP is on track to grow to an impressive $5.7 trillion by the fiscal year 2028, which would make it the third-largest economy in the world, surpassing both Germany and Japan. Right now, India holds the title of the fifth-largest economy, but it’s expected to leapfrog Japan

India’s GDP to Reach $5.7 Trillion, Becoming Third Largest by 2028: Morgan Stanley Read More »

Scroll to Top