Mumbai, March 7 (IANS) Chief Minister Devendra Fadnavis, on Friday, said Maharashtra has received the decades’ highest annual foreign direct investment (FDI) in just nine months of the fiscal year 2024-25. A total of Rs 1,39,434 crore has been received in the first nine months of the financial year 2024-2025, said the Chief Minister, quoting …
Bengaluru, March 7 (IANS) The Indian tech startup ecosystem now ranks second, after the US, in terms of all-time funding raised by companies with women founders, with a total of $26 billion in this space to date, a report showed on Friday. India is home to over 7,000 active women-led startups, accounting for 7.5 per …
Madhya Pradesh: 16th Finance Commission likely to focus on CAG recommendations Bhopal, March 5 (IANS) Despite slim chances, the Madhya Pradesh harbours aspirations for increased funds particularly for its ailing local bodies, some improvements are expected in accounting system in state’s ailing local bodies as visiting 16th Finance Commission is likely to focus on certain …
The dollar dropped to a 3-month low amid concerns about the negative effects of US tariffs on the economy, with the losses being particularly significant against the euro. The Bloomberg Dollar Spot Index fell by as much as 0.6% on Wednesday, reaching its lowest point since December 9. The euro stood out as one of …
ICRA, a rating agency, stated on March 5, 2025, that raising the deposit insurance limit could reduce banks’ net profits by up to ₹12,000 crore annually. This would result in a potential dip of up to 4 basis points (bps) in the return on assets (RoA) and up to 40 bps in the return on …
The Indian housing finance market, currently valued at ~₹33 trillion, is expected to expand at a compound annual growth rate (CAGR) of 15-16% between FY25 and FY30, reaching ₹77-81 trillion. According to CareEdge Ratings, this growth will be driven by robust structural factors and government incentives, making housing finance an attractive asset class for lenders. …
New Delhi, March 6 (IANS) Social security coverage in India has doubled from 24.4 per cent to 48.8 per cent, said Union Minister for Labour and Employment and Youth Affairs and Sports Mansukh Mandaviya. Addressing the post-budget webinar on the theme ‘Investing in People’, Mandaviya outlined the government’s mission to skill and empower India’s youth, …
Jammu, Mar 6 (PTI) The economy of Jammu and Kashmir is projected to grow at 7.06 per cent in real terms, while the nominal Gross State Domestic Product (GSDP) is expected to rise by 11.19 per cent in 2024-25, according to the Economic Survey Report (ESR) for 2025. The report said that J&K has shown …
Bengaluru, March 6 (IANS) As the nation moves towards becoming a $10 trillion economy, India is undergoing a structural shift from a software-led technology ecosystem to one driven by deep-tech innovations, a report said on Thursday. The government-backed initiatives such as the Rs 10,000 crore ‘Fund of Funds’, India’s Semiconductor Mission (ISM), and the National …
The Union Cabinet on Wednesday approved the revision of the Livestock Health and Disease Control Programme (LHDCP) with an outlay of ₹3,880 crore for two years. The scheme aims to enhance the animal health sector through comprehensive vaccination programs, capacity building, disease surveillance, and the strengthening of veterinary infrastructure. Key Components of LHDCP The revised …
