New Delhi, July, 2025 — The Government of India has granted a significant tax exemption to the New Okhla Industrial Development Authority (NOIDA) under Section 10(46) of the Income Tax Act, officially making certain incomes of the Authority tax-free. This move is aimed at boosting the city’s infrastructure and public welfare initiatives by allowing NOIDA…
In a major boost to India’s economic narrative, the Goods and Services Tax (GST) collection for the financial year 2024–25 has hit an all-time high of ₹22.08 lakh crore, reflecting a robust year-on-year growth of 9.4%, according to a government press release issued on 30 June 2025. The average monthly GST collection stood at ₹1.84…
Southern India is grappling with a serious demographic challenge that threatens to reshape its social, economic, and political landscape. States such as Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, and Telangana are witnessing fertility rates falling well below the replacement level of 2.1 children per woman. This sharp decline is leading to slower population growth, a…
India has surpassed Japan to become the world’s fourth-largest economy, according to the latest data from the International Monetary Fund (IMF) and confirmation from the Indian government’s policy think tank, NITI Aayog. This significant milestone reflects India’s growing economic strength, even as analysts caution against reading too much into the narrow margin. The IMF’s World…
As of May 2025, the Indian stock market presents a complex landscape shaped by geopolitical tensions, economic challenges, and evolving investor sentiments. Here’s an in-depth analysis of the current situation and projections for the remainder of the year. Current Market Dynamics Geopolitical Tensions with Pakistan Recent military escalations between India and Pakistan, including cross-border strikes…
Chief Economic Advisor (CEA) V Anantha Nageswaran has emphasized that India must generate at least eight million jobs annually and significantly enhance the share of manufacturing in its Gross Domestic Product (GDP) over the next decade to realize its aspiration of becoming a developed nation by 2047. Speaking at a recent event, Nageswaran outlined a…
By EpicInfinite News Desk | April 16, 2025 In a dramatic escalation of the U.S.-China trade war, former President Donald Trump, who is once again a major political force ahead of the 2024 elections, has announced sweeping tariffs of up to 245% on select Chinese imports. The decision comes amid renewed concerns over China’s export…
April 11, 2025 — In a significant escalation of trade tensions between the world’s two largest economies, China announced a sharp increase in tariffs on U.S. goods, raising them from 84% to 125%. The move, which will take effect starting April 12, comes as a direct response to the latest round of tariff hikes imposed…
In a significant shift in U.S. trade policy, President Donald Trump announced on April 9, 2025, a 90-day suspension of newly imposed tariffs for most nations, while simultaneously escalating tariffs on Chinese imports to an unprecedented 125%. This decision comes in response to appeals from over 75 countries seeking negotiations and aims to recalibrate America’s…
In recent developments, the global economic landscape has been marked by significant volatility, leading to growing concerns about a potential recession in 2025. The primary catalyst for these apprehensions is the implementation of extensive tariffs by President Donald Trump, which has triggered substantial market reactions and divided opinions among economists and policymakers. Market Reactions to…