Economic Development
5 min read
120

Bharat Mobility Global Expo 2025: Day 2 unveils exciting future mobility innovations from Hyundai, VinFast, BYD

January 18, 2025
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The second day of Bharat Mobility Global Expo 2025 kicked off with some exciting unveiling of future mobility that would change the perception of electric vehicles (EVs) in personal ownership, and public transportation. The day started with the launch of two EVs — VF 7 and VF 6 — from

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Economic Development
6 min read
125

How macroeconomic indicators performed in December 2024?, ETCFO

January 18, 2025
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State of the Indian Economy: December 2024 By Samriddhi Singh Mahar & Siddhi NawarThe International Monetary Fund (IMF) projects India to become the fourth-largest global economy by 2025, surpassing Japan with a nominal GDP of USD 4,340 billion. The end of the year has been eventful for the Indian economy,

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Economic Development
2 min read
124

₹67 cr budgetary allocation likely to tackle issues related to diseases in areca plants

January 18, 2025
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The Central government is likely to earmark ₹67 crore in the coming budget to implement the recommendations of the committee that studied issues arising from diseases in arecanut plantations. The Centre has asked the Karnataka government to earmark its share to tackle this issue. Addressing an arecanut growers’ meeting in

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Economic Development
3 min read
110

India’s economic growth poised to rebound as demand picks up: RBI bulletin, ETCFO

January 18, 2025
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Mumbai, Jan 18 (IANS) India’s economic growth is poised to rebound as domestic demand regains strength reflecting a resilience in consumption, supported by brighter agricultural prospects,” according to the RBI’s monthly bulletin for January. Mumbai, India’s economic growth is poised to rebound as domestic demand regains strength reflecting a resilience

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Economic Development
2 min read
114

Electric vehicle sales in India crossed 14.08 lakh units in 2024: Kumaraswamy

January 18, 2025
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Electric vehicle sales in India crossed 14.08 lakh units in 2024, achieving a market penetration rate of 5.59 per cent, up from 4.44 per cent in the previous year, Union Minister H D Kumaraswamy said on Saturday. The minister asserted that the upward trend in EV adoption underscores the growing

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Economic Development
2 min read
95

Dropping degree requirements, 30 per cent of Indian employers looking to shift to skills-based hiring: WEF

January 18, 2025
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In a transformative shift, around 30 per cent of Indian employers are looking to adopt skills-based hiring practices by removing degree requirements, a significant increase compared to the global figure of 19 per cent, said World Economic Forum (WEF) in its Jobs Report 2025. The evolving landscape in India reflects

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Economic Development
4 min read
126

Global wheat prices seen under pressure on record output

January 18, 2025
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Global wheat prices will likely come under pressure in 2025 on record production but tightening supplies may offer short-term support, analysts have said. Wheat prices continue to decline on soft red winter harvest expectations. “Our revised forecast for the 2025 annual average second-month CBOT-listed wheat price has been adjusted downward

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Economic Development
6 min read
77

Centre mulls M&A framework overhaul to speed up corporate restructuring

January 18, 2025
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The central government is considering significant amendments to the Companies Act, 2013, to streamline and simplify the merger, amalgamation, and demerger process. The focus is on reducing procedural bottlenecks and expediting corporate restructuring.  A communication from the Cabinet Secretary T V Somanathan to various ministries has sought comments on proposed

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Economic Development
2 min read
126

Centre to back auto industry’s global leadership: PM Modi at Bharat Mobility Expo

January 17, 2025
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Prime Minister Narendra Modi on Friday said that the Centre has given all the support to the automobile industry and they can expect more in the coming years as India becomes a leading automobile market in the world. Speaking at the inaugural session of the Bharat Mobility Global Expo 2025

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Economic Development
2 min read
159

India targets ₹1 lakh crore export earnings from fish, fishery products 

January 17, 2025
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India has set an ambitious target of achieving ₹1 lakh crore earnings through the export of fish and fishery products, according to George Kurian, Union Minister for Fisheries, Animal Husbandry and Dairying. Last year, the country achieved an impressive total income of ₹63,000 crore through the export of fish and

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