Indian Economy

Piyush Goyal: GST Rate Cuts to Boost Jobs and Growth, Downplays Impact of US Tariffs

Union Minister for Commerce and Industry Piyush Goyal has expressed strong confidence that the recent Goods and Services Tax (GST) reforms will act as a major catalyst for India's economic growth, job creation, and investment, despite a recent escalation...

Indian Startups Defy Funding Drop, Hold Third Global Rank

The Indian tech startups ecosystem has demonstrated remarkable resilience in the first half of 2025, moving up to the third position globally in terms of total funding raised, despite a 25% year-on-year decline in capital inflow. According to a...

PhonePe Dominates UPI in July with 8.93 Billion Transactions

PhonePe has once again solidified its position as the undisputed leader of India's digital payments ecosystem, recording a staggering 8.93 billion UPI transactions in July 2025. This performance represents a commanding 45.88% market share in terms of transaction volume,...

India Sets Ambitious $1 Trillion AUM Target for Mutual Fund Industry; Moneycontrol Summit to Chart the Course

India's mutual fund industry is poised for unprecedented growth, setting its sights on a monumental $1 trillion (₹83.5 trillion) Assets Under Management (AUM) target by 2030. This ambitious goal will be the central theme, dubbed "The Trillion Dollar Dream,"...
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X Transforms User Experience with AI-Powered ‘Custom Timelines’ and Deprecates Communities

In a massive strategic pivot aimed at reshaping how users discover and engage with content, X has officially launched...
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