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Economy / The New Indian Express

Modi govt left no stone unturned in ruining country's rapidly growing economy: Congress

NEW DELHI: The Congress on Tuesday attacked the Centre over interest rates on savings accounts reportedly reaching the lowest level in 25 years, alleging that the Modi government has in the last 11 years left no stone unturned in uining the country's rapidly growing economy. Congress general secretary in-charge communications Jairam Ramesh shared a media report on X which claimed that the 1% cut in repo rate by the RBI has forced banks to reduce their deposit rates, pushing savings account inte

24 Jun 2025 1:44 pm
Chardham Yatra draws 33 lakh pilgrims, adds Rs 306 crore to Uttarakhand economy

DEHRADUN: The Chardham Yatra, the backbone of Uttarakhands economy, has seen a festive surge in footfall, with pilgrim numbers crossing 33 lakh. The Kedarnath Yatra alone has generated Rs 306 crore revenue in just 48 days. Yogendra Gangwar, Joint Director of the Tourism Division at the Uttarakhand Tourism Development Council, told TNIE, Since the opening of Baba Kedarnath Dham's portals for pilgrims on May 2, until Thursday evening, the number of devotees who have visited Baba Kedar has exceeded

20 Jun 2025 11:26 am
Meghalaya pays farmers for carbon removal; marks milestone in Indias green economy

NEW DELHI: The Meghalaya government has made a groundbreaking move by disbursing payments to farmers for their contributions to carbon sequestration through the plantation of multi-species tree-based agroforestry in biodiversity hotspots. This first payment marks a significant step toward establishing Indias emerging carbon market, supporting livelihoods driven by the community. Chief Minister of Meghalaya, Conrad K. Sangma, presented cheques to farmers from the Garo Hills region. The MegCare pr

19 Jun 2025 7:05 pm
Goa-Lucknow IndiGo flight faced mid-air turbulence, landed safely: Airline

MUMBAI: A Lucknow-bound IndiGo flight from Goa experienced mid-air turbulence on Monday due to adverse weather conditions but the crew navigated the aircraft safely, the airline said in a statement on Tuesday. The flight 6E 6811 landed safely in Lucknow, the airline said without divulging further details. IndiGo flight 6E 6811 from North Goa to Lucknow on June 16, experienced turbulence momentarily due to prevailing active monsoon weather conditions in western India, the airline said. It further

17 Jun 2025 1:37 pm
Seat 11A: The economy class spot that carried AI-171 crashs lone survivor

AHMEDABAD: '11A' was one of the 238 economy class seats in the ill-fated Air India Dreamliner that crashed on Thursday , killing 241 people onboard and leaving just one survivor. And the lone survivor -- a British national VishwashKumar Ramesh (45) -- was the occupant of '11A'. The Boeing 787-8 aircraft, better known as the Dreamliner, operating the Ahmedabad-London AI171 flight, had 242 people onboard, including 12 crew members. '11A' is among the six seats in the first row of the economy class

13 Jun 2025 1:59 pm
India under the leadership of PM Modi is set to become third-largest economy by 2027: UP CM Yogi

LUCKNOW: Uttar Pradesh Chief Minister Yogi Adityanath stated today that India is poised to become the world's third-largest economy by 2027, propelled by its unprecedented growth in the last decade. Speaking on the 11th anniversary of the Modi government , CM Yogi highlighted that India was the only major economy to have doubled in size within a decade, and the first country to more than double its per capita income, rising from Rs 79,000 in 2013-14 to approximately Rs 2.5 lakh currently. Intera

10 Jun 2025 7:59 pm
Last 11 years a blow to country's democracy, economy, social fabric: Mallikarjun Kharge

NEW DELHI: The Congress on Monday said the Modi government in the last 11 years has dealt a deep blow to the country's democracy, economy and social fabric. In a post on X, Congress president Mallikarjun Kharge alleged that the government has only smeared the ink of dictatorship on every page of the Constitution in these 11 years. The BJP-RSS has weakened every constitutional institution and attacked their autonomy, he said. Whether it is going against public opinion and toppling governments thr

9 Jun 2025 1:13 pm
Fixation on size of economy alone not helping; investment not picking up: Congress

NEW DELHI: The Congress on Thursday took a swipe at the government over the state of the economy, saying fixation on its size gets headlines but consumption is tepid and investment momentum is just not picking up. Congress general secretary, in-charge of communications, Jairam Ramesh said first the NITI Aayog CEO makes a claim on the size of the Indian economy which apparently surpassed Japan's just as he was speaking. Then a member of the NITI Aayog contradicts its CEO and presents a more reali

30 May 2025 9:04 am
PM Narendra Modi at WAVE summit says Indias creative economy will hold a significant share in the countrys GDP

MUMBAI: Prime Minister Narendra Modi, while inaugurating the World Audio Visual and Entertainment Summit (WAVES) on Thursday, said that Indias creative economy will contribute significantly to the countrys GDP in the coming years. Indias Orange Economy stands on three strong pillars content, creativity, and culture; therefore, in the coming years, Indias creative economy will hold a significant share in the countrys GDP, said Prime Minister Narendra Modi while inaugurating the World Audio Visua

1 May 2025 9:06 pm
'World of creators and their economy is going through a fundamental change': Ashwini Vaishnaw

NEW DELHI: With the advent of technology, world of creators and their economy is going through a fundamental change, Union Minister for Information and Broadcasting Ashwini Vaishnaw said on Saturday. The old model is giving way to the new model, he said. He also said that gone are the days when a big studio was needed for creating content, and today, a creator from a remote village in Jharkhand or Kerala can create good-quality content and get millions of views. The minister was interacting with

19 Apr 2025 10:31 pm
US tariff move going to devastate our economy, says Rahul Gandhi

NEW DELHI: As the US hits India with 27% tariff , Leader of Opposition in Lok Sabha Rahul Gandhi on Thursday questioned the Union governments foreign policy and sought to know the impact of the revised US tariffs on Indian exports and Chinese occupation of Indian territory. Speaking during the Zero Hour in the Lok Sabha, the LoP lashed out at the Centre saying the reciprocal tariffs slapped by the US would completely devastate the Indian economy, and demanded answers from the government over the

4 Apr 2025 8:00 am
Himachal Pradesh CM presents Rs 58,514 crore budget with focus on strengthening agrarian economy

CHANDIGARH: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu presented a tax-free budget with an outlay of Rs 58,514 crore for the year 2025-26. The budget focuses on strengthening the agrarian economy through the participation of farmers, rural youth and women besides improving healthcare facilities. He also announced the constitution of a Special Task Force (STF) to combat drug abuse in Himachal Pradesh. The government will focus on promoting religious and eco-tourism besides exploring l

17 Mar 2025 5:33 pm
Minister Ashwini Vaishnaw announces dedicated fund to boost creator economy

NEW DELHI: Union minister for Information and Broadcasting (I&B) Ashwini Vaishnaw on March 13 announced a dedicated fund of one billion US dollars to empower the talented creators and boost the creator economy. For creator economy, a one-billion US dollar fund will be established. It is to make sure that all our energetic creators -- using the latest technologies today -- will be able to get access to the capital and hone their skills and upgrade production level to reach out to the internationa

13 Mar 2025 11:44 pm
Omar presents survey report in J&K House, says economy may grow at 7%

SRINAGAR: The Jammu and Kashmir economy is projected to grow at 7.06 percent and the nominal Gross State Domestic Product (GSDP) may increase by 11.19 percent in 2024-25, according to the Economic Survey Report (ESR) 2024-2025. As per the survey, which was tabled by Chief Minister Omar Abdullah in Assembly on Thursday, the size of the economy is estimated to be approximately Rs 2.65 lakh crores. J&K UT is estimated to achieve a compound annual growth rate of 4.89 percent in its real GSDP from 20

7 Mar 2025 7:34 am
PM Modi calls for boosting year-round tourism in Uttarakhand, says it will boost economy

HARSIL: Making a strong pitch for round the year tourism in Uttarakhand, Prime Minister Narendra Modi Thursday said there should be no off-season in the picturesque hill state and this would strengthen its economy in a big way. Addressing a rally in Harsil after offering prayers at the village of Mukhwa, the winter abode of Goddess Ganga in Uttarkashi district, he said visitors will get the true flavour of Uttarakhand if they come to the state in winter. When fog envelops the rest of the country

6 Mar 2025 3:04 pm