DEHRADUN: Uttarakhands economy has expanded 21 times in the past 23 years, surpassing the growth of Jharkhand and Chhattisgarhboth formed on 9 November 2000. This key finding is detailed in the Economic Survey Report for 2024-25, presented by Parliamentary Affairs Minister Prem Chand Agarwal in the assembly. During his presentation, Agarwal stated, The report clearly indicates Uttarakhand's significant progress, highlighting our unwavering commitment to development. The newly released Economic S

BENGALURU: Chief Minister Siddaramaiah said on Friday that Karnatakas economy is strong and the BJP should stop spreading lies. He asked the Opposition to work with the government to improve the welfare of the states people. Karnatakas economy is strong enough to withstand the BJPs betrayals. We will continue to fight for our rights against the injustices of the BJP-led Centre under Prime Minister Narendra Modi. We stand by our words and our people, the CM stated, responding to BJP leaders BY Vi

JAIPUR: Rajasthan Deputy Chief Minister Diya Kumari on Wednesday presented the Budget for the financial year 2025-26 and announced that the government is committed to make the state a USD 350 billion economy. Kumari, who also holds the finance portfolio, said the state government has delivered 58 per cent of its promises made in the election manifesto and has fulfilled 73 per cent of the previous Budget announcements. She announced that as many as 2 lakh new houses will be provided with drinking

VIJAYAWADA: Economics expert and former Special Chief Secretary PV Ramesh expressed concern over the deteriorating state of Andhra Pradeshs economy, pointing out that capital expenditure had fallen to less than 4 per cent over the past decade. Speaking at a discussion organised by Jana Chaitanya Vedika in Guntur district on Sunday, PV Ramesh highlighted that Andhra Pradesh ranked 17th among 18 States in the latest fiscal health index by Niti Aayog, while topping the list in borrowings. From 2014

NEW DELHI: Finance Minister Nirmala Sitharaman on Tuesday said that the Indian economy is seeing a speedy rebound from 5. 4 per cent growth clocked in the second quarter of the current fiscal, and the government shall take measures to ensure that India remains the world's fastest-growing economy. Replying to discussions on the Union Budget for 2025-26 in the Lok Sabha, the finance minister said the Budget has taken various steps to increase liquidity in the hands of people while maintaining fisc

HYDERABAD: The World Economic Forum (WEF) hailed Chief Minister A Revanth Reddy for unveiling his vision on transforming Telangana into a USD 3 trillion economy, a net-zero carbon emission state and an AI hub. It may be recalled that in January, a Revanth-led official delegation from Telangana participated in the WEF annual meeting in Davos. During his visit, the CM interacted with investors, industrialists and others to attract investments to the state. During the meetings, he also made present

THIRUVANANTHAPURAM: Kerala has tided over the most difficult phase of fiscal strain, and its economy is poised for a 'take-off' in the coming years, Finance Minister K. N. Balagopal has said while presenting the Kerala Budget for the 2025-26 fiscal in the State Legislative Assembly on Friday. The Finance Minister began his budget with announcements for government employees and pensioners. Balagopal said that service pension arrears will be distributed in February. Two instalments of pay revision

NEW DELHI: Ahead of the Union Budget, the Congress Thursday slammed the government's handling of the economy, asserting that there is a slowdown with o jobs, raging inflation, stagnating wages and huge income inequality. The Congress on Thursday came out with a 'Real State of the Economy' report, compiled by AICC Research Department chairperson Professor M V Rajeev Gowda and his team, claiming the Modi government is marching India forward into the middle-income trap, which will make the country

LUCKNOW: Samajwadi Party chief Akhilesh Yadav on Saturday said the Uttar Pradesh government is only capable of 'a trillion lies' and its claim of making the state's economy reach the USD 1 trillion target in the next four years is 'impossible'. In a post on X, Yadav alleged the BJP government was plagued with corruption, and said there were no tangible investments that have left the farmers, traders, businessmen, and industrialists struggling. BJP can only make a record of saying 1 trillion lies

LUCKNOW: Crores of devotees descending on the banks of the Sangam to be part of the world's largest religious congregation underscores its unparalleled magnitude. The Mahakumbh, for some, serves as a path to spiritual fulfilment; for others, it is an opportunity to seek salvation. Many are drawn by curiosity about the rituals and the spectacle of such a vast assembly. However, the millennia-old, 46-day event, with an anticipated footfall of over 40 crore, is also a significant economic driver, c

NEW DELHI: The architect of the first round of Indias economic reform Dr Manmohan Singh , the former prime minister and finance minister breathed his last late on Thursday night. Mr Singh, who is known for heralding the era of market economy in India, is fondly remembered more for his stint as the finance minister of India under Prime Minister PV Narasimha Rao than his two stints as the prime minister in the UPA government from 2004 to 2014. Dr Manmohan Singh kick-started the economic reform p

NEW DELHI: Hailed as the architect of India's economic reforms , former prime minister Manmohan Singh, in one his last interviews, had said in 2019 that the country's economy was over-regulated, the government exerted control and interferences were aplenty with even regulators having morphed into controllers. Speaking to PTI in an exclusive interview on May 5, 2019, days before his successor Narendra Modi returned as prime minister for a second consecutive term, Singh cited the-then economic gro

Dr. Manmohan Singh, widely regarded as one of India's most influential economists, left a lasting impact on both the countrys economic policies and global economic thought. As the chief architect of India's economic liberalisation, he played a pivotal role in the 1991 economic reforms during a severe balance of payments crisis, when foreign exchange reserves were at an all-time low. The former Prime Minister, who passed away on Thursday, will always be remembered as the leader who championed the

NEW DELHI: The second day of the special debate on the 75th year of the Constitution saw fireworks after Parliamentary Affairs Minister Kiren Rijiju attacked the Congress citing BR Ambedkars resignation letter to Jawaharlal Nehru and accused the party of humiliating him. Rijiju said Ambedkar did not get any ministry related to economy despite him expressing his interest clearly. Ambedkar told Nehru that his first priority was economy, but he did not get those ministries. He was also not included

MUMBAI: Chief Minister Devendra Fadnavis on Friday said Maharashtra will be a trillion dollar economy by 2028-30 and play a key role in Indias growth story under Prime Minister Narendra Modi. He said Mumbai will play a major role in the growth of Maharashtra and the financial capital of India will become the countrys fintech capital in the coming years. Maharashtra will be the first one trillion dollar economy of the country. In the last fiscal, we targeted and crossed the half trillion dollar b

WASHINGTON: A soft-landing of the global economy, which has experienced tremendous stress over the past several years, is increasingly a possibility, Union Finance Minister Nirmala Sitharaman said Friday. Observing that better days are ahead primarily because of the coordinated action between countries and multilateral financial institutions, the finance minister at the same time sounded a note of caution that economies are not really picking up that much yet. The largest sense which prevailed i

NEW DELHI: The Congress on Friday said inequality, wage stagnation and inflation were structurally corrosive to India's long-term growth prospects and urged the government to address concerns over the growing financialisation of the Indian economy. Congress general secretary in-charge communications Jairam Ramesh said the centrality of increasing the rates of private investment as a percentage of GDP in order to sustain higher rates of economic growth was incontrovertible. These rates have falle