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The Indian media and entertainment (M&E) sector grew 20 per cent in 2022 to reach Rs 2.1 trillion, 10 per cent above its pre-pandemic levels in 2019, according to a Ficci-EY report.   The digital media’s contribution to…

It would be a difficult task for the Indian economy to reach the $5-trillion mark a year before the International Monetary Fund (IMF) projection of 2026-27. Pankaj Chaudhary, minister of state for finance, said in the Rajya Sabha on…

The government may be staring at a modest slippage in fiscal deficit for 2022-23 (FY23), with the Ministry of Finance seeking parliamentary approval for additional spending through a second and final tranche of supplementary demands for…

The government has been taking steps to make the country a USD 5 trillion economy at an early date, Minister of State for Finance Pankaj Chaudhary said.Chaudhary said, "lower uncertainty in the global economic outlook will help India become…

India witnessed a 12 per cent year-on-year (YoY) jump in total household wealth last year, at $14,225 billion, according to the Global Wealth Report 2022 by Credit Suisse. Photograph: Lee Jae-Won/Reuters The report also forecasts the…

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India's goods and services exports have already crossed $675 billion in last fiscal year and the country is now aspiring to take international trade to $2 trillion by 2030, Commerce and Industry Minister Piyush Goyal has said. Interacting…

The Adani Group has overtaken Mukesh Ambani Group to become the country's second biggest business group in terms of market cap behind Tatas. Photograph: PTI Photo Adani Group cos now have a combined m-cap of Rs 19.44 trillion against…

Credit card spends in June, although down marginally month-on-month (MoM), remained above the Rs 1-trillion mark for the fourth consecutive month. In June, credit card spends topped Rs 1.09 trillion, down 4.34 per cent MoM, revealed the…

Tamil Nadu secured investments worth Rs 1.44 trillion on Monday by signing of memoranda of understanding (MoU) with 60 companies, laying of foundation stones and inauguration of new projects. The projects are expected to create 74,898…