The upcoming Maha Kumbh Mela in Prayagraj is projected to contribute approximately ₹2 lakh crore to Uttar Pradesh's economy, driven by infrastructure investments and an anticipated influx of over 400 million pilgrims.
Apple's iPhone exports from India cross ₹1 lakh crore, with production and value addition rising significantly in 2024.
India's coal imports increased by 2% to 182.02 million tonnes during April-November 2024, with a notable decline in November imports due to sufficient domestic supply.
India's direct tax collections for FY2024-25 exceed budget estimates by ₹73,000-83,000 crore, though tax buoyancy shows a decline.
Indian cinema's box office collections reach ₹11,833 crore in 2024, with regional films contributing significantly.
Singapore identifies investment prospects in India's rapidly growing economy, focusing on sectors like technology, infrastructure, and finance.
The Indian government is deliberating the removal of a three-year ban on futures trading for certain agricultural commodities. The move aims to enhance market stability and improve price discovery mechanisms for farmers and traders. In December 2021, the Securities and Exchange Board of India (SEBI) suspended futures trading in seven key agricultural commodities, including
RBI lifts curbs on certain NBFCs after enhanced regulatory compliance.
India's rice stocks hit a record high, while wheat reserves continue to deplete.
RBI requires banks to provide fixed interest rate loan options to customers.
