In a landmark move, Finance Minister Nirmala Sitharaman announced significant Goods and Services Tax (GST) reforms that are set to inject ₹2 lakh crore into India's economy.
In the Union Budget for the fiscal year 2025-26, Finance Minister Nirmala Sitharaman announced a record capital expenditure (capex) target of ₹11.21 lakh crore, marking a 10.08% increase from the previous year.
On September 17, 2025, the U.S. Federal Reserve implemented its first interest rate cut of the year, reducing the federal funds rate by 25 basis points to a range of 4.00%–4.25%.
The Indian government's IndiaAI Mission is poised for a significant expansion, with plans to double its funding to ₹20,000 crore over the next five years.
India's exports to the United States experienced a 14% month-on-month decline in August 2025, totaling USD 6.86 billion.
In August 2025, India’s foreign trade showed a significant turnaround as merchandise exports rose by 6.7% year-on-year to $35.1 billion, while imports dropped sharply by 10.12% to $61.59 billion. This resulted in a narrowed trade deficit of $26.49 billion, compared to $35.64 billion in August 2024. The performance marks a notable development amid global economic uncertainties and domestic policy adjustments.
India's unemployment rate has decreased to 5.1% in August 2025, down from 5.2% in July and 5.6% in June, according to the latest data from the Ministry of Statistics and Programme Implementation (MoSPI).
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has announced ambitious plans to double its investments in India to $10 billion by 2030. Makhtar Diop, the Managing Director of IFC, stated that India remains one of the most promising markets for private sector growth and sustainable development.
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