Economy / The New Indian Express
DEHRADUN: The Chardham Yatra, the backbone of Uttarakhands economy, has seen a festive surge in footfall, with pilgrim numbers crossing 33 lakh. The Kedarnath Yatra alone has generated Rs 306 crore revenue in just 48 days. Yogendra Gangwar, Joint Director of the Tourism Division at the Uttarakhand Tourism Development Council, told TNIE, Since the opening of Baba Kedarnath Dham's portals for pilgrims on May 2, until Thursday evening, the number of devotees who have visited Baba Kedar has exceeded
NEW DELHI: The Meghalaya government has made a groundbreaking move by disbursing payments to farmers for their contributions to carbon sequestration through the plantation of multi-species tree-based agroforestry in biodiversity hotspots. This first payment marks a significant step toward establishing Indias emerging carbon market, supporting livelihoods driven by the community. Chief Minister of Meghalaya, Conrad K. Sangma, presented cheques to farmers from the Garo Hills region. The MegCare pr
MUMBAI: A Lucknow-bound IndiGo flight from Goa experienced mid-air turbulence on Monday due to adverse weather conditions but the crew navigated the aircraft safely, the airline said in a statement on Tuesday. The flight 6E 6811 landed safely in Lucknow, the airline said without divulging further details. IndiGo flight 6E 6811 from North Goa to Lucknow on June 16, experienced turbulence momentarily due to prevailing active monsoon weather conditions in western India, the airline said. It further
AHMEDABAD: '11A' was one of the 238 economy class seats in the ill-fated Air India Dreamliner that crashed on Thursday , killing 241 people onboard and leaving just one survivor. And the lone survivor -- a British national VishwashKumar Ramesh (45) -- was the occupant of '11A'. The Boeing 787-8 aircraft, better known as the Dreamliner, operating the Ahmedabad-London AI171 flight, had 242 people onboard, including 12 crew members. '11A' is among the six seats in the first row of the economy class
LUCKNOW: Uttar Pradesh Chief Minister Yogi Adityanath stated today that India is poised to become the world's third-largest economy by 2027, propelled by its unprecedented growth in the last decade. Speaking on the 11th anniversary of the Modi government , CM Yogi highlighted that India was the only major economy to have doubled in size within a decade, and the first country to more than double its per capita income, rising from Rs 79,000 in 2013-14 to approximately Rs 2.5 lakh currently. Intera
NEW DELHI: The Congress on Monday said the Modi government in the last 11 years has dealt a deep blow to the country's democracy, economy and social fabric. In a post on X, Congress president Mallikarjun Kharge alleged that the government has only smeared the ink of dictatorship on every page of the Constitution in these 11 years. The BJP-RSS has weakened every constitutional institution and attacked their autonomy, he said. Whether it is going against public opinion and toppling governments thr
NEW DELHI: The Congress on Thursday took a swipe at the government over the state of the economy, saying fixation on its size gets headlines but consumption is tepid and investment momentum is just not picking up. Congress general secretary, in-charge of communications, Jairam Ramesh said first the NITI Aayog CEO makes a claim on the size of the Indian economy which apparently surpassed Japan's just as he was speaking. Then a member of the NITI Aayog contradicts its CEO and presents a more reali
MUMBAI: Prime Minister Narendra Modi, while inaugurating the World Audio Visual and Entertainment Summit (WAVES) on Thursday, said that Indias creative economy will contribute significantly to the countrys GDP in the coming years. Indias Orange Economy stands on three strong pillars content, creativity, and culture; therefore, in the coming years, Indias creative economy will hold a significant share in the countrys GDP, said Prime Minister Narendra Modi while inaugurating the World Audio Visua
NEW DELHI: With the advent of technology, world of creators and their economy is going through a fundamental change, Union Minister for Information and Broadcasting Ashwini Vaishnaw said on Saturday. The old model is giving way to the new model, he said. He also said that gone are the days when a big studio was needed for creating content, and today, a creator from a remote village in Jharkhand or Kerala can create good-quality content and get millions of views. The minister was interacting with
NEW DELHI: As the US hits India with 27% tariff , Leader of Opposition in Lok Sabha Rahul Gandhi on Thursday questioned the Union governments foreign policy and sought to know the impact of the revised US tariffs on Indian exports and Chinese occupation of Indian territory. Speaking during the Zero Hour in the Lok Sabha, the LoP lashed out at the Centre saying the reciprocal tariffs slapped by the US would completely devastate the Indian economy, and demanded answers from the government over the
CHANDIGARH: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu presented a tax-free budget with an outlay of Rs 58,514 crore for the year 2025-26. The budget focuses on strengthening the agrarian economy through the participation of farmers, rural youth and women besides improving healthcare facilities. He also announced the constitution of a Special Task Force (STF) to combat drug abuse in Himachal Pradesh. The government will focus on promoting religious and eco-tourism besides exploring l
NEW DELHI: Union minister for Information and Broadcasting (I&B) Ashwini Vaishnaw on March 13 announced a dedicated fund of one billion US dollars to empower the talented creators and boost the creator economy. For creator economy, a one-billion US dollar fund will be established. It is to make sure that all our energetic creators -- using the latest technologies today -- will be able to get access to the capital and hone their skills and upgrade production level to reach out to the internationa
SRINAGAR: The Jammu and Kashmir economy is projected to grow at 7.06 percent and the nominal Gross State Domestic Product (GSDP) may increase by 11.19 percent in 2024-25, according to the Economic Survey Report (ESR) 2024-2025. As per the survey, which was tabled by Chief Minister Omar Abdullah in Assembly on Thursday, the size of the economy is estimated to be approximately Rs 2.65 lakh crores. J&K UT is estimated to achieve a compound annual growth rate of 4.89 percent in its real GSDP from 20
HARSIL: Making a strong pitch for round the year tourism in Uttarakhand, Prime Minister Narendra Modi Thursday said there should be no off-season in the picturesque hill state and this would strengthen its economy in a big way. Addressing a rally in Harsil after offering prayers at the village of Mukhwa, the winter abode of Goddess Ganga in Uttarkashi district, he said visitors will get the true flavour of Uttarakhand if they come to the state in winter. When fog envelops the rest of the country
NEW DELHI: Union minister Bhupender Yadav said on Tuesday that Indias circular economy has the potential to create a market worth over $2 trillion and generate nearly 10 million jobs by 2050. He said the circular economy may be about to drive one of the biggest transformations in business since the industrial revolution 250 years ago. Through a radical departure from the traditional take, make, waste production and consumption models, the circular economy could provide a potential $4.5 trillion
RAIPUR: The Chhattisgarh government on Monday presented a Rs 1,65,000 crore budget for the financial year 2025-26, aimed to build on the progress made in previous year growth with GATI. Finance minister O P Choudhary, in the second budget of the Vishnu Deo Sai government, focused on driving growth in Chhattisgarh under the theme of GYAN ke liye GATI to propel the journey with a rapid progress towards achieving the goals for 2030. While stressing on prosperity for previous year theme GYAN gareeb
NEW DELHI: India on Monday proposed a multi-nation alliance for technical collaboration, partnerships, and cooperation between private sectors at the city level to accelerate the circular economy for a sustainable future. Speaking at the inauguration of the 12th Regional 3R and Circular Economy Forum in Asia and the Pacific, Union Minister of Housing and Urban Affairs Manohar Lal said that, to carry forward the vision of Prime Minister Narendra Modi, he suggests a new platform - Cities Coalition
PATNA: The Bihar economy at current prices has grown 3.5 times, from Rs 2.47 lakh crore in 2011-12 to Rs 8.54 lakh crore in 2023-24, according to the states Economic Survey report for 2024-25 presented by Deputy CM and finance minister Samrat Choudhary in the assembly on the first day of the budget session on Friday. Choudhary said that the economic growth had taken place over the last two decades, improving socio-economic indicators. As per the latest available estimates, the Gross State Domest
GUWAHATI: Prime Minister Narendra Modi on Tuesday said Assams contribution to Indias growth is steadily increasing, highlighting that the states economy has doubled in just six years under BJP. Addressing a gathering after inaugurating the Advantage Assam 2.0 business summit in Guwahati, Modi said East India and Northeast India are embarking on a new journey of the future and Advantage Assam is a mega initiative to intertwine the incredible potential and progress of Assam with the world. The PM