Economy

Viksit Bharat begins with farmers: Budget 2025’s blueprint for growth

The Budget for the agriculture sector is a balance of tactical measures aimed towards improving access to finance, liquidity in the sector, and levels of processing and logistics while continuing with the structural reforms that are expected to address the long-term challenges which the sector is grappling with. In the face of stagnant growth in […]

Economy

MSMEs see growth in business performance in December 2024 quarter: SIDBI Survey

Micro, Small, and Medium Enterprises (MSMEs) across the manufacturing, trading, and service sectors reported an improvement in business performance during the October–December 2024 quarter, according to a survey conducted by the Small Industries Development Bank of India (SIDBI). Key findings indicate strong business confidence among MSMEs, particularly in the manufacturing sector, with optimism in sales, […]

Economy

India Manufacturing PMI growth hits 6-month high of 57.7 in January

Export-led output drove manufacturing sector growth in January, with the Purchasing Managers’ Index (PMI) for the month surging to a six-month high of 57.7, the survey report released by S&P Global said on Monday. While job creation was good, input prices were down, though price realisation from output was better. “Domestic and export demand were […]

Economy

Union Budget 2025: Budget’s focus on clean energy, sustainability to push sector growth, says Renewables Industry

The renewable energy industry has hailed the Union Budget 2025-26, saying the focus on clean power, manufacturing, and sustainability will push the sector’s growth. Union Finance Minister Nirmala Sitharaman presented her record eighth straight Union Budget in the Lok Sabha on Saturday. Vineet Mittal, Chairman of Avaada Group said strategic initiatives like global manufacturing clusters […]