In a significant achievement for India’s clean energy ambitions, the Ministry of New and Renewable Energy (MNRE) added 25 gigawatts (GW) of renewable energy capacity in the financial year 2024–25. This marks a 35% increase compared to the 18.57 GW added in FY 2023–24. The progress highlights India’s continued focus on sustainable energy under the …
Moody’s Investors Service has forecast that India will record the highest GDP growth among the advanced and emerging economies in the G20 group in the fiscal year 2026. The projected growth rate of 6.5% places India ahead of several other major economies. This momentum is largely fuelled by ongoing structural reforms, robust domestic demand, and …
The Reserve Bank of India (RBI) has announced fresh purchase auctions of government securities under its open market operations (OMO) to further stabilise liquidity in the banking system. The central bank will conduct these auctions in multiple phases, ensuring a systematic infusion of funds to support economic stability. Scheduled OMO Auctions for April The RBI …
India’s Goods and Services Tax (GST) collections for March 2025 surged to ₹1.96 lakh crore, reflecting a 9.9% increase compared to the same month last year. This growth highlights the rising economic activity across the country. The latest figures also mark a significant jump from February 2025’s GST collection of ₹1.62 lakh crore, which had …
The Coal India share price will remain in focus on Wednesday. This follows its announcement of a price hike for coal, effective from April 16, 2025. Non-coking coal will see an increase from ₹10 to ₹20 per ton. Meanwhile, the price for coking coal will rise by ₹10 per ton. This price change will apply …
Ever wondered what keeps the wheels of your local cooperative bank turning? These banks, a cornerstone of community finance, are facing some troubles. Recent reports reveal a rather concerning trend: Non-Performing Assets (NPAs), those loans that aren’t being repaid, are on the rise, particularly among Urban Cooperative Banks (UCBs). Let’s understand what this means and …
Food delivery services like Zomato and Swiggy have become a significant part of our daily lives. From ordering a quick lunch to indulging in late-night snacks, these apps are a convenience many of us rely on. However, a recent question raised in the Rajya Sabha about the possibility of a new Goods and Services Tax (GST) on …
India’s startup ecosystem is growing rapidly, and a key event helping it thrive is the Startup Mahakumbh. This event, scheduled from April 3–5 at Bharat Mandapam in New Delhi, is set to bring together startups, investors, and government stakeholders to strengthen collaboration between states and startups. The aim is to create a platform that supports …
India’s key mineral production continues strong growth in FY 2024-25 (April-February). This follows record production levels in FY 2023-24. Iron ore accounts for 70% of total MCDR mineral production by value. Iron ore production was 274 million metric tonnes (MMT) in FY 2023-24. Iron Ore and Related Mineral Production Iron ore production increased to 263 …
Today is April 1, which marks the beginning of a new financial year (FY 2026) in India, bringing fresh tax changes, revised salary structures, and updated investment rules. Unlike the calendar year, which runs from January to December, India follows an April-to-March financial year, a system rooted in history and essential for taxation, budgeting, and …
