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Articles for Economy

MSME-driven Textile Sector Faces Funding, Modernisation Challenges

The domestic textile market, valued at around USD 165 billion in 2022, includes USD 125 billion from domestic sales and USD 40 billion from exports

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Piyush Goyal
India Looks For Equity, Balance, Fair Trade In Free Trade Agreements: Piyush Goyal

The minister also outlines the government's priority over the last decade--ensuring basic amenities for all citizens and empowering them to dream bigger

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Air Pollution In Delhi Causing 20% Business Loss: MP Praveen Khandelwal

As per Praveen Khandelwal, the rising pollution levels deter consumers from venturing out, especially in crowded markets, leading to a significant decline in footfall

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Gold Hits One-week Peak As US Dollar Backs Off Recent Highs

Prices gained 2 per cent on Monday, recovering from a two-month low hit on Thursday. US gold futures added 0.4 per cent to USD 2,623.70

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Hospitality Sector Registers 10.8% YoY Revenue Per Available Room Growth In Q3FY24: JLL

Occupancy levels remained stable compared to Q3 2023, but ADR improvements propelled the RevPAR increase across major markets

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India To Contribute 20% Of Global Workforce Growth Between 2023-2050, China Share To Decline: Report

India's household debt as a percentage of GDP remains much lower than its Asian peers, reflecting robust income growth and financial health

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India's Economy Depends Lot On MSMEs, Need To Be Sensitive Towards Their Needs: FM Sitharaman

The minister said that India's economy, in its traditional or modern ways, depends a lot on MSMEs and "we need to be sensitive towards their needs"

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Morgan Stanley Revises India’s FY25 Growth Forecast To 6.7%

The downgrade comes in response to weaker-than-expected growth indicators in the second quarter, which is now projected to expand at a slower pace of 6.3 per cent

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