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Economy / The Times of India

Californias GDP hits $4.1 trillion in 2024; surpasses that of Japan - the worlds 4th largest economy

California's GDP surpassed Japan's in 2024, reaching $4.1 trillion, driven by its thriving tech industry and property market. Governor Newsom cautioned that President Trump's tariff policies threaten this economic growth, leading to a lawsuit challenging the tariffs' legality. California, along with other states, argues these tariffs harm businesses and residents, while the White House dismisses the challenge.

25 Apr 2025 2:03 pm
Delhi govt plans 3 new industrial areas to boost city economy

Delhi government is considering developing three new industrial areas in west and northwest Delhi via public-private partnerships. These projects in Kanjhawala, Ranikhera, and Baprola, spanning nearly 1,200 acres, will focus on IT, AI, and biotechnology, potentially creating lakhs of jobs.

17 Apr 2025 2:16 pm
Ghaziabad man arrested for alleged real estate fraud in Loni

Ghaziabad police arrested Ravi Shankar Sharma, a 55-year-old property dealer, for allegedly defrauding individuals by selling plots in Loni under false pretenses. Sharma is accused of taking money from a Varanasi resident, Chanda Srivastava, promising a plot, and providing a fake deed.

13 Apr 2025 4:01 pm
'Increasing convergences with Europe as India becomes bigger economy': Jaishankar speaks at University College Dublin

India's External Affairs Minister S Jaishankar discussed the nation's growing alignment with Europe, highlighting economic progress and strong bilateral relations with Ireland. He emphasized the significance of finalizing the free trade agreement with the EU and the increasing convergence as India becomes a major global economy.

7 Mar 2025 12:55 pm
India to showcase best practices for waste management during Mahakumbh at circular economy meet in Jaipur

India will present its effective waste management practices from the Mahakumbh at the upcoming 'Regional 3R and Circular Economy Forum in Asia and the Pacific' in Jaipur. Housing and urban affairs minister Manohar Lal Khattar noted the religious congregation's efficient waste management plan involving 25,000 personnel. The conference will discuss 'waste to wealth' and boosting circular economy.

24 Feb 2025 9:26 pm
Kumbh to boost UP economy by Rs 3L crore: Yogi Adityanath

UP CM Yogi Adityanath defended the Rs 4,000 crore expenditure on the Maha Kumbh, highlighting its economic benefits. He clarified that only Rs 1,500 crore was spent on the event, with the rest on Prayagraj's infrastructure. At a Lucknow event, he emphasized ongoing projects that bolster UP's development and thanked ministers for their support in achieving world-class infrastructure.

15 Feb 2025 2:11 am
Coldplay on lips, PM Modi says go big on 'gig' economy

British band Coldplay's concerts in Mumbai and Ahmedabad received attention from PM Narendra Modi, who highlighted India's potential as a concert economy. Modi emphasized India's rich musical heritage and a large youth population as key factors, urging public-private investments in infrastructure to harness opportunities for generating revenue and employment through live events.

29 Jan 2025 6:10 am
Homebuyers body seeks targeted guidelines against misleading ads by real estate players

A pan-India home buyers organization has called on the consumer affairs department to establish guidelines for real estate advertising. It flagged that 34% of real estate ads examined by ASCI were misleading, with Maharashtra RERA's average penalty of Rs 14,000-15,000 insufficient to deter violators.

30 Dec 2024 11:59 pm