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Digital Desk | New Delhi, Nov 10 (IANS) Asia remains one of the worlds most important engines of economic growth with its manufacturing networks, expanding digital economy and large consumer markets. However, it is important for economic expansion to translate into higher purchasing power and stronger household savings, according to an article in India Narrative. The article cites the IMFs Regional Economic Outlook for Asia and the Pacific which highlights the macroeconomic pressures that extern

Digital Desk | Seoul, Nov 9 (IANS) The South Korean economy appears to be continuing to grow at a solid pace on the back of global investment in artificial intelligence (AI) infrastructure, a state-run think tank said on Monday. Semiconductor production and investment continue to grow strongly, supported by robust external demand, the Korea Development Institute (KDI) said in its monthly economic assessment. Other sectors related to AI infrastructure investment also appear to be improving, it ad

Digital Desk | New Delhi, Nov 5 (IANS) Sixth-generation mobile technology or 6G could generate an additional $1.24 trillion for the global economy by 2040, but inadequate spectrum allocation could put nearly half of that potential at risk, a report by an industry body showed on Thursday. According to a report by the GSMA estimates that next-generation mobile networks could contribute the equivalent of 0.7 per cent of global GDP by 2040 through advancements in artificial intelligence, industrial

Digital Desk | Pune, Nov 3 (IANS) Prime Minister Narendra Modi on Tuesday said that India is defeating poverty and has become the fastest-growing economy, adding that the country's budget is increasing, with the money, which was earlier wasted in leakages and transferred to the pockets of uncles and nephews, now going directly to the beneficiaries. He noted that the money from the treasury is now being spent on infrastructure development, which will generate more jobs. PM Modi virtually inaugura

Digital Desk | New Delhi, Nov 3 (IANS) Commerce and Industry Minister Piyush Goyal has called for faster regulatory approvals, improved access to finance and stronger industry-academia collaboration to accelerate the growth of India's bioeconomy, an official statement said on Tuesday. Chairing a high-level roundtable on 'India's Bioeconomy Opportunity: Role of Startups in Driving Innovation and Growth' here, Goyal stressed the need to leverage the country's scientific capabilities and entreprene

Digital Desk | Seoul, Nov 3 (IANS) A relentless wave of cyberattacks on South Korean banks, telecom operators, businesses and government agencies has exposed growing risks to the country's digital economy, highlighting the need for stronger cybersecurity. The scale and frequency of the breaches have raised concerns that cyber threats could extend beyond personal data theft to disrupt financial services, business operations and industrial supply chains. The latest series of security breaches has

Digital Desk | New Delhi, Oct 30 (IANS) The government has significantly stepped-up public investment in the fisheries sector, committing Rs 39,272 crore through key schemes and programmes. These interventions are aimed at expanding infrastructure, strengthening production and post-harvest systems, and creating employment and livelihood opportunities for 74.66 lakh fishers and fish farmers across the country, according to an official statement on Friday. The key interventions are the Blue Revolu

Digital Desk | New Delhi, Oct 30 (IANS) Binance on Friday said it has suspended deposits and withdrawals as it investigates a security incident with an estimated impact of around $6.3 billion. In a statement, the world's largest crypto exchange said its initial investigation suggests the incident may involve a compromised DevOps engineer's laptop which allowed an attacker to gain access to a service container and submit unauthorised withdrawal transactions. We have found no evidence of any walle

Digital Desk | London, Oct 28 (IANS) Weak domestic demand has emerged as the main factor behind the slowdown in the Chinese economy and with people losing jobs amid the collapse of the countrys real estate sector, this problem has only become worse. Chinese people arent spending enough money. China today has the lowest consumption rate of any major economy in the world. Consumption makes up just about 56 per cent of Chinas GDP. In most economies, its 70 per cent or more. To put this in perspecti

Digital Desk | New Delhi, Oct 28 (IANS) Indias space sector is increasingly contributing to economic growth, private investment and industrial capability, alongside its scientific and strategic goals. Indias space economy is targeted to reach $44 billion by 2033. Emerging technologies such as reusable launch vehicles, air-breathing propulsion, electric propulsion and in-space docking are supporting this growth, according to a government factsheet released on Wednesday. This technological momentu

Digital Desk | New Delhi, Oct 28 (IANS) Global oil prices rose on Wednesday after Saudi Arabia's largest oil refinery was reportedly hit with a missile by Yemen's Iran-aligned Houthis. Brent crude futures for December delivery gained $1.55, or 1.36 per cent, to $115.43 a barrel, while US West Texas Intermediate crude rose 1.43 per cent to $101.32 a barrel. Houthis said they targeted the oil refinery reviving concerns over crude supply risks in the Middle East despite recent diplomatic efforts th

Digital Desk | New Delhi, Oct 26 (IANS) Chinese banks are facing a surge in credit card defaults from middle-aged borrowers who otherwise look like model citizens, with university educations and secure public-sector jobs, according to a report. There was a close to 50 per cent jump during the last quarter in the value of non-performing loans registered on the Banking Credit Assets Registration and Circulation Centre Chinas official platform where banks and consumer finance firms list and trade

Digital Desk | New Delhi, Oct 23 (IANS) Navigating the global uncertainty, the Indian economy has been anchored by solid macroeconomic fundamentals and policy interventions to cushion downside risks, the Reserve Bank of India (RBI) said in its October 2026 issue of its monthly Bulletin on Friday, adding that the domestic economy continues to demonstrate strength as evidenced by high-frequency indicators across both industry and services. Despite being a net energy importer, GDP growth has been s

Digital Desk | New Delhi, Oct 22 (IANS) Private equity investment in India's real estate sector reached $6.1 billion across 55 disclosed deals in the first nine months of 2026, nearly matching the $6.9 billion recorded in the whole of 2025, a joint report said on Thursday. Data centres emerged as the largest investment destination with a 40 per cent share, while domestic funds contributed 42 per cent of the total inflows, according to a joint report by FICCI and Anarock. The report, titled 'The

Digital Desk | New Delhi, Oct 20 (IANS) Secretary, Department of Economic Affairs, Anuradha Thakur on Tuesday highlighted Indias experience as a compelling example of how a strong macroeconomic foundation can support economic resilience and sustained growth amid global uncertainties. In a special address on 'Financial Stability' on the second day of RBIs SAMVAD 2026, Thakur said Indias fiscal trajectory has been credible and its flexible inflation targeting has anchored inflationary expectations

Digital Desk | New Delhi, Oct 19 (IANS) Chinas economy showed modest improvement in the July-September quarter but remains weighed down by weak domestic demand and a persistent property slump, a report has said. An AI-fuelled export boom of China is covering up the impact of a real estate crisis and weak consumer sentiment, the report from France 24 said. Gross domestic product expanded 4.5 per cent yearonyear in JulySeptember up from 4.3 per cent in the previous quarter, according to data from

Digital Desk | New Delhi, Oct 15 (IANS) India will remain the fastest-growing large economy in the world for the next 20-25 years, Union Commerce and Industry Minister Piyush Goyal said on Thursday, asserting that the country is well-positioned to drive global growth and technological advancement in the coming decades. Addressing the SRCC Centenary Conclave here, Goyal said nations across the world are increasingly looking to engage with India because they recognise the potential of its young an

Digital Desk | New Delhi, Oct 14 (IANS) Indias institutional real estate market has attracted over $85.5 billion in institutional investments between 2011 and the first three quarters of 2026, a report said on Wednesday. The report from Vestian said investor preferences have shifted markedly from residential to commercial and industrial assets supported by regulatory reforms, greater market transparency and the emergence of institutional-grade assets. Residential investments fell to 13 per cent

Digital Desk | New Delhi, Oct 14 (IANS) Pakistan, which signed the Mecca Joint Defence Agreement (called the Mecca Pact) with Saudi Arabia and Turkey, is facing a dilemma as the Mecca Pact has not failed; it was announced before it was built, according to a report. The report in India Narrative says that Pakistan can field a limited deployment; it cannot easily fund a long war. The FY27 budget sets defence at Rs 3.0 trillion (2.1 per cent of projected GDP) against Rs 8.05 trillion for debt servi

Digital Desk | Kolkata. Oct 12 (IANS) Around 5,000 water bodies in and around Kolkata were illegally filled up for real estate promotion during the previous Mamata Banerjee-led Trinamool Congress regime in West Bengal, claimed Chief Minister Suvendu Adhikari on Monday. He made this allegation while speaking at a function organised by the Kolkata Municipal Corporation (KMC) on Monday and accused a section of the Trinamool Congress councillors of the now dismantled KMC board of being behind this m

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Digital Desk | New Delhi, Oct 9 (IANS) The Pakistan government has, over the last four years, highlighted stabilisation of the economy but the word largely meant the economy has stopped falling but incomes, jobs or public services have not seen any improvement for ordinary people, a new report has said. The report from Colombo-based publication Asian News Post said the government of Shehbaz Sharif has emphasised avoiding default through IMFbacked programmes, but that policy focus has prioritised

Digital Desk | New Delhi, Oct 8 (IANS) Indias economy could double in size to more than $8 trillion over the next decade as structural reforms, infrastructure spending and formalisation support faster growth and global investment, according to a report. A report by KKR showed that the country has already crossed the $4 trillion mark and remains on track to double its economy again over the next 10 years. India remains one of the clearest examples of how patient, structural reform can pay off ove

Digital Desk | Dar es Salaam, Oct 6 (IANS) Rajya Sabha Deputy Chairman Harivansh held a meeting with Tanzania National Assembly Speaker Mussa Azzan Zungu on the sidelines of the 153rd International Parliamentary Union (IPU) in Tanzania's Arusha on Tuesday, with discussions held on further deepening parliamentary cooperation, capacity building, and skill development between the two nations. During the meeting, Harivansh congratulated Mussa Azzan Zungu on successfully hosting the 153rd IPU. Shri H

Lucknow (Uttar Pradesh) [India], October 6: Moonlit Infra Founder Monu Chauhan recently met Uttar Pradesh Chief Minister Yogi Adityanath in Lucknow to discuss Ayodhyas evolving development landscape, key infrastructure priorities

Digital Desk | Mumbai, Oct 2 (IANS) The CBI arrested an Executive Engineer of the Central Public Works Department (CPWD), Mumbai, his relative and three officials of a Mumbai-based real estate group, in a Rs 50 lakh bribery case related to the issuance of a No-Objection Certificate (NOC) for a land parcel, an official said on Friday. Vikrant Verma, Executive Engineer, CPWD Mumbai; Saurav Gupta, Vermas relative based in Pune; and Arvind Semwal, Vice President, Baya Company, were among those named

Digital Desk | Guwahati, Oct 2 (IANS) Assam Chief Minister Himanta Biswa Sarma on Friday highlighted the growing potential of bamboo as an industrial and economic resource, saying the state will soon make a newly developed bamboo bicycle available in parks across Guwahati for public use and take feedback ahead of its formal launch. CM Sarma said he recently rode the bicycle, whose structure was made entirely from bamboo and has received certification from the Bureau of Indian Standards (BIS). Wa

Digital Desk | New Delhi, Sep 29 (IANS) In some more bad news for the Chinese economy, MSCI Chinas consumer goods sub-indices plunged roughly 18 per cent over the past six months, nearing 10-year low. According to a report in the Taipei Times, retail sales were just 0.4 per cent in August. During the latest earnings season, consumer durable companies in the MSCI index missed profit expectations by nearly 50 per cent, reflecting Chinas lopsided economy. According to experts quoted as saying, inve

Digital Desk | Mumbai, Sep 28 (IANS) A comprehensive master plan for the holistic development of the Pune Economic Region was presented to Maharashtra Chief Minister Devendra Fadnavis on Monday during a high-level meeting. Formulated under NITI Aayogs Growth Hub initiative, the plan sets an ambitious target to elevate Punes economy to $200220 billion by 2036. The blueprint outlines 58 priority projects, an estimated investment of Rs 910 lakh crore, and the creation of 1520 lakh additional jobs.

Digital Desk | Mumbai, Sep 28 (IANS) Silver prices witnessed a sharp decline on the Multi Commodity Exchange (MCX) on Monday, with the white metal plunging more than Rs 7,000 and falling below the crucial Rs 2.28 lakh-per-kg mark amid a broad-based sell-off in precious metals. The steep fall comes as rising crude oil prices have heightened inflation concerns globally, strengthening market expectations that the US Federal Reserve may keep interest rates higher for longer or consider further polic

Pan-India housing report released at IREC 2026 highlights MMRs leadership, Bengalurus growth and a shift from price-led to volume-led expansion New Delhi [India], September 26: The 7th International Real Estate

Digital Desk | New Delhi, Sep 26 (IANS) Union Minister of State for Commerce and Industry Jitin Prasada on Saturday said India was able to conclude its long-pending free trade agreement (FTA) with the European Union on equal terms after nearly 17 years of negotiations, while stressing that technology transfers, local manufacturing and artificial intelligence (AI) would play a critical role in the country's next phase of industrial growth. Speaking at the Uttar Pradesh International Trade Show (U

Digital Desk | Sidhi, Sep 23 (IANS) Madhya Pradesh Chief Minister Mohan Yadav on Wednesday highlighted Sidhis traditional crafts and forest-based products as emerging sources of rural income, citing international demand for Panja durries and earnings generated by womens groups from mahua-based products. Addressing the Balram Krishi Mahotsav in Sidhi virtually from Bhopal, Yadav said the districts tribal culture, handicrafts, agriculture, tourism and natural resources could together create a broa

Digital Desk | Mumbai, Sep 22 (IANS) JPMorgan Chase Chief Executive Officer Jamie Dimon has said that Indias economy could nearly triple in size over the next decade, highlighting plans to expand the company's footprint in the country. Dimon said the bank expects a sharp rise in its India coverage and operations over the next decade, saying that therell be 400 companies in research, with 2,000 companies being covered, according to reports. Dimon said JPMorgan plans to work closely with the gover

Digital Desk | New Delhi, Sep 21 (IANS) While China has been viewed as the worlds manufacturing hub, the countrys economy, that was once growing at a robust pace, has hit a rough patch with key sectors in contraction mode and unemployment on the rise, according to a new report. The Chinese economy is faltering, and the government is working tirelessly to conceal the depth of its crisis. Official GDP growth figures continue to hover around 4.55 per cent, but independent analysts and institutions

Digital Desk | New York, Sep 21 (IANS) The world economy faces risks from stubborn inflation, higher debt service cost and artificial intelligence (AI) investment though it has proven to be more resilient than many feared, according to Kristalina Georgieva, managing director of the International Monetary Fund (IMF). Speaking in a dialogue at a special edition of the Qatar Economic Forum in New York City on Sunday, Georgieva said, Inflation is stubborn. We are not anticipating a quick resolution.

Digital Desk | New Delhi, Sep 18 (IANS) Minister of State for Information and Broadcasting and Minister of State for Parliamentary Affairs, Dr. L. Murugan said on Friday that Indias creative economy is emerging as the country's next major growth frontier that can open new employment and entrepreneurship opportunities for young people. Dr. Murugan told participants at the Jindal Policy Conclave the animation, visual effects, gaming and comics (AVGC) sector is expected to require nearly 2 million

Digital Desk | Guwahati, Sep 18 (IANS) Assam Chief Minister, Himanta Biswa Sarma, on Friday highlighted the growing role of bamboo in creating employment opportunities, promoting entrepreneurship and supporting sustainable economic development across the state on the occasion of World Bamboo Day. In a post on X, Sarma said bamboo was emerging as an important resource for Assam, contributing to the development of new industries and generating opportunities for people across different sectors. Fro

Digital Desk | New Delhi, Sep 18 (IANS) India has climbed five places to 26th rank in a global transparency index, marking the country among the top five mostimproved markets worldwide and the umber one improver in Asia Pacific, a report said on Friday. The report from JLL cited its Global Real Estate Transparency Index (GRETI), showing that the rise places India firmly within the middle of the Transparent tier and reflects steady gains across regulatory, transaction and sustainability measures

Digital Desk | Imphal, Sep 16 (IANS) Manipur Chief Minister Yumnam Khemchand Singh on Wednesday said the prolonged ethnic conflict in the state had led to a decline of over Rs 1,200 crore in Goods and Services Tax (GST) revenue between 2023 and 2026, putting considerable pressure on the state's economy. Addressing the 52nd Foundation Day celebration of the All Manipur Working Journalists Union (AMWJU) at the Manipur Press Club, Imphal, he also appealed to all civil society organisations (CSOs) o

Digital Desk | Kohima, Sep 16 (IANS) The Nagaland government is working on a Live Entertainment Economy framework aimed at making the sector a potential driver of economic growth, employment generation and tourism promotion in the state, an official said. A meeting to discuss the development of the framework was held at the Directorate of Information and Public Relations here on Tuesday under the chairmanship of Information and Public Relations Secretary, Orenthung Lotha. Lotha highlighted the g

Digital Desk | New Delhi, Sep 15 (IANS) The Indian economy is more likely to be resilient rather than becoming more vulnerable, Dr V Anantha Nageswaran, Chief Economic Adviser, said on Tuesday, citing strong bank credit growth, robust GST collections and healthy corporate and banking sector balance sheets. Nageswaran told industry leaders at Assochams Managing Committee Meeting and Special Session that while the resumption of hostilities in West Asia and rising interest rates across major econom

Digital Desk | New Delhi, Sep 15 (IANS) The New Delhi Declaration, adopted at the '2026 BRICS Summit', will also be remembered for floating the idea about a multipolar digital economy that works with sovereign systems that remain nationally controlled while becoming increasingly interoperable, according to an article in Modern Diplomacy. It highlights that the declaration placed sovereign digital ecosystems, interoperable Digital Public Infrastructure (DPI), and artificial intelligence (AI) insi

Digital Desk | Gandhinagar, Sep 13 (IANS) Union Environment Minister Bhupender Yadav has began discussions on reusing, refurbishing and recycling existing materials at the thee-day World Circular Economy Forum (WCEF) 2026 which will begin in Gandhinagar on September 15, an official said. India hosting the WCEF 2026 would be a first for South Asia, the official said in a statement on Sunday. The forum, to be organised under the theme 'Circular Economy: Transition for People and Prosperity', would

Digital Desk | New Delhi, Sep 13 (IANS) India will host the World Circular Economy Forum (WCEF) 2026 in Gandhinagar, Gujarat, from September 15 to 18, marking the first time the global forum will be held in South Asia, the Ministry of Environment, Forest and Climate Change said on Sunday. The forum will be organised under the theme Circular Economy: Transition for People and Prosperity and will be jointly inaugurated on September 15 by Union Minister for Environment, Forest and Climate Change Bh

New Delhi [India], September 9: From establishing offices at DwarkaExpressway to commanding a strong presence in one of NCRs most sought-after real estate corridors, young entrepreneur Avik Bhatia has steadily

Digital Desk | Panaji, Sep 7 (IANS) Highlighting the growth rate of 7.8 per cent achieved in the first quarter, Union Home Minister Amit Shah said on Monday that Prime Minister Narendra Modi has worked continuously since 2014 to transform the country into a rapidly moving economy. Chairing the 28th meeting of the Western Zonal Council in Panaji, HM Shah said that the Indian economy recording such a growth rate amid global turbulence is a matter of pride for all of us. The Home Minister said that

Kolkata, Sep 7 (IANS) West Bengal Chief Minister Suvendu Adhikari on Monday said the state's fiscal health has begun to improve, albeit slowly, following the government's decision to link the state with various Central schemes, a move he claimed was obstructed by the previous regime. Because of the fiscal indiscipline of the previous regime and the huge revenue losses caused by corruption, West Bengals economy was pushed to the verge of bankruptcy. The situation was further aggravated by the pre

New Delhi, Sep 2 (IANS) Union Minister Dr. Jitendra Singh said on Wednesday that India must accelerate its transition to secure, clean, sustainable and selfreliant energy systems amid geopolitical uncertainty and volatile markets. Dr Singh was addressing the 6th International Climate Summit 2026 here, while he warned that energy security is inseparable from national security, []