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Indian Economy News

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India officially becomes fourth-largest economy, may displace Germany from third spot by 2030

According to an official report, India has surpassed Japan to officially become the world's fourth-largest economy and is on track to displace Germany and capture the third spot by 2030....
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Elon Musk Claims Work Will Turn Optional Within 20 Years As AI Dominates All Production

Elon Musk predicts that within the next 10–20 years, work will become optional as artificial intelligence and robots take over production. Experts warn this future may not reflect India’s socio-economic reality....
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GST Collections Rise 4.6 per cent to Over Rs 1.95 Lakh Crore in October

Collections under CGST, SGST, and IGST increased, while cess slightly declined. The GST Council also introduced key rate reforms to simplify the tax structure and support economic growth....
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UPI Becomes India’s Top Digital Payment System, Records ₹246.8 Lakh Crore in Transactions

The Reserve Bank of India’s latest report shows that UPI handled 143 crore transactions worth ₹10,637 lakh crore in the first half of 2025, marking a 34.7% growth....
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Diwali Bonanza: China Loses Out as India Records ₹6 Lakh Crore Swadeshi Sales

This Diwali, India embraced the power of local products, rejecting Chinese goods. With record ₹6.05 lakh crore sales, the festival reflected India’s rising economic confidence and spirit of self-reliance....
Indian rupee hits record low against dollar, market volatility and global factors add pressure

Indian rupee hits record low against dollar, market volatility and global factors add pressure

The Indian rupee touched its weakest level against the US dollar, closing at 88.81. Global uncertainties, capital outflows, and domestic market losses...
India Sees Highest Navratri Sales in 10 Years Boosted by GST Cuts 

GST Reforms Drive India’s Highest Navratri Sales in 10 Years

Retail giants Reliance Retail and Vijay Sales also saw strong momentum, reflecting the positive impact of tax reforms on India’s consumption-driven ...
Indian Rupee

Indian Rupee Set to Become International Currency as RBI Opens Trade Lending for Neighboring Nations

The Reserve Bank of India has unveiled a strategic plan allowing Indian banks to lend in rupees to Nepal, Bhutan, and Sri Lanka, strengthening regiona...
GST

First got relief from GST, now will get relief from inflation; SBI report revealed

The country's largest government bank has estimated that people may also get relief from inflation after the rate cut in GST. The new rates of GST wil...
India’s growth continues despite economic selfishness in world, says PM in dig at Trump tariffs

India’s growth continues despite global ‘economic selfishness’, says PM in dig at Trump tariffs

US President Donald Trump has imposed 50% tariffs on Indian goods going to the United States, in a bid to 'Make America great again'. ...
Indian Economy

Falling Rupee Rings Alarm Bells-Five Major Market Losses Could Shake The Economy

Amid Trump tariffs and global tensions, the Indian rupee has reached an all-time low against the dollar. In such a situation, its loss can be seen on ...
GST Rate Changes Must Protect States’ Finances, Says Punjab Finance Minister Harpal Singh Cheema

GST Rate Changes Must Protect States’ Finances, Says Punjab Finance Minister Harpal Singh Cheema

Cheema highlighted Punjab’s revenue loss of Rs 1.11 lakh crore since GST rollout and demanded a levy on sin and luxury goods to support states. He a...
Raghuram Rajan

'Trade has now become a weapon...', Raghuram Rajan warns India about US tariffs

Former RBI Governor Raghuram Rajan has cautioned India that trade has now turned into a powerful weapon, warning that rising US tariffs could hurt Ind...
GST Reform

Big bang in GST 2.0… By waiving the tax on health and life insurance, the general public will get the biggest gift ever.

The government plans a major GST 2.0 reform, suggesting exemption of health and life insurance premiums from tax, which if implemented, will significa...
Sensex Jumps 1,000 Points, Investors Add ₹5 Lakh Crore in Minutes — Here’s Why Markets Are Rising

Sensex Jumps 1,000 Points, Investors Add ₹5 Lakh Crore in Minutes — Here’s Why Markets Are Rising

Factors contributing to this surge include optimism around the Russia-Ukraine situation, potential shifts in U.S. trade policy, and an upgrade in Indi...

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