Trend India Macro Indicators - Latest news, views and updates

TREND | 26 Mar 2025

NPPA to allow 1.74% hike in MRP of scheduled drugs in line with WPI rise

Business Standard

With this, manufacturers will be allowed to increase the maximum retail price (MRP) of scheduled formulations on the basis of WPI without needing any prior approval from the government in this regard

India Macro Indicators

TREND | 26 Mar 2025

Number Of Registered MSMEs To Reach Nine Crore By 2029

NDTV Profit

The MSME sector contributes more than 30% of GDP, 36% of manufacturing output, and over 45% of exports.

India Macro Indicators

TREND | 25 Mar 2025

Bain Capital's Stake Buy In Manappuram Finance To Strengthen Governance, Says Fitch Rating

NDTV Profit

The transaction is subject to regulatory and other approvals. It is expected to be completed by the end of 2025.

India Macro Indicators

TREND | 24 Mar 2025

Unemployment down, per capita GDP up since 2017: UP CM on 8 yrs of govt

Business Standard

Chief Minister Yogi Adityanath on Monday highlighted Uttar Pradesh's economic progress and welfare initiatives as he marked eight years of the National Democratic Alliance (NDA) government in the state. He noted that the unemployment rate had significantly dropped, per capita income had risen, and UP was on its way to becoming a USD 1 trillion economy. "The unemployment rate in Uttar Pradesh has come down to less than 3 per cent now from 19 per cent in 2016," Adityanath said at a press conference in Lucknow. He added that per capita income, which was Rs 46,000 in 2017, has now reached Rs 1,24,000, showcasing a strong economic turnaround. Adityanath stated that Uttar Pradesh had transformed from a deficit economy into a revenue-surplus state. "We have not imposed any additional taxes on the public, yet we have delivered significant economic results," he said. The state's banking sector has also expanded, with banking transactions now totalling Rs 29.66 lakh crore. Highlighting...

India Macro Indicators

TREND | 24 Mar 2025

JSW Steel stock extends rally to 6th day, hits fresh all-time high. What's fuelling this surge?

livemint

Investors are favouring metal stocks amid a market rebound, with JSW Steel shares achieving a record high. A proposed 12% safeguard duty on select imports and bullish analyst projections contribute to this optimism. Fitch anticipates a 10% growth in India's steel demand in FY26.

India Macro Indicators

TREND | 23 Mar 2025

Southern states reject population formula, seek GDP-based representation

Business Standard

Southern states reject population-based formula, demand GDP-based representation and legal safeguards against unfair redistribution. Archis Mohan writes

India Macro Indicators

TREND | 23 Mar 2025

IPL 2025, Indian PMI Print, US GDP The Week Ahead

NDTV Profit

On the domestic front, a lacklustre week for the IPOs is expected, with only small and medium enterprise offerings on tap and no major mainboard listings.

India Macro Indicators

TREND | 21 Mar 2025

Defence budget to exceed 3% of GDP in military overhaul, says Taiwan's prez

Business Standard

Taiwanese President William Lai Ching-te has said that the island's defence budget will exceed 3 per cent of its economic output as it overhauls its military in the face of the rising threat from China. Along with the latest equipment much of it from the United States, the military is seeking funds to retain more service people with higher pay and to lengthen compulsory national service from four months to one year. In a speech Thursday to the American Chamber of Commerce, Lai said his administration is determined to "ensure that our defense budget exceeds 3 per cent of the GDP. At the same time, we will continue to reform national defense. Lai's comments were the latest reassurance to the US and domestic critics who say Taiwan is not spending enough on its own defense. The self-governing island, which relies on the US for much of its cutting-edge weaponry, currently spends about 2.45 per cent of its gross domestic product on its military. US President Donald Trump has demanded th

India Macro Indicators

TREND | 20 Mar 2025

Swap Traders Are Betting On More Interest-Rate Cuts In Asia

NDTV Profit

Indian, Malaysian and Thai swaps are signaling more policy easing as the dollar's weakness bolsters regional currencies.

Swap Traders Are Betting on More Interest-Rate Cuts in Asia

livemint | 20 Mar 2025

India Macro Indicators

TREND | 20 Mar 2025

Trade Wars, Fed Policies, Inflation: Navigating The New Normal For Global Markets

NDTV Profit

The US will likely continue with its tariffs while other countries retaliate, creating volatility that may push inflation higher, Stephen Davies told NDTV Profit.

Indian economy continues to demonstrate resilience amid turbulent global environment: RBI Bulletin

Business Line | 19 Mar 2025