THEBUSINESSBYTES BUREAU NEW DELHI, FEBRUARY 28, 2025 India’s economic growth gained momentum in the third quarter of 2024-25, with GDP expanding at 6.2 per cent, up from a revised 5.6 per cent in the previous quarter. The acceleration was driven by a surge in rural consumption, supported by a favorable monsoon, and a sharp rise in government spending on infrastructure ...

THEBUSINESSBYTES BUREAU NEW DELHI, FEBRUARY 28, 2025 In a significant boost to coal logistics, the Ministry of Coal has successfully expanded the Rail-Sea-Rail (RSR) mode of transportation, nearly doubling its coal movement from 28 million tonnes (MT) in FY22 to 54 MT in FY24. This achievement underscores the government’s commitment to enhancing multi-modal transport solutions for improved logistical efficiency and ...

THEBUSINESSBYTES BUREAU NEW DELHI, FEBRUARY 1, 2025 Goods and Services Tax (GST) collections for January soared 12.3% year-on-year to ₹1.96 lakh crore, driven by higher economic activity, according to official data released on Saturday. The revenue breakdown includes ₹1.47 lakh crore from domestic transactions and ₹48,382 crore from imports. This marks a significant uptick from December’s collections of ₹1.77 lakh ...

THEBUSINESSBYTES BUREAU NEW DELHI, FEBRUARY 1, 2025 The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman under the Modi 3.0 government on Saturday, charts a path for accelerated economic growth while maintaining fiscal discipline. With a strong focus on inclusive development, the budget seeks to boost private sector investments, enhance the spending power of India’s growing middle class, and ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 29, 2025 The successful launch of the GSLV-F15/NVS-02 Mission from Sriharikota on Wednesday marks a historic milestone for the Indian Space Research Organisation (ISRO), as it completes its 100th mission. Union Minister of State for Space Dr. Jitendra Singh hailed the achievement as a “quantum leap” in India’s space journey, reflecting the nation’s accelerated progress ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 28, 2025 Prime Minister Narendra Modi inaugurated the two-day Utkarsh Odisha – Make in Odisha Conclave 2025 and the Make in Odisha Exhibition in Bhubaneswar on Tuesday, marking a significant milestone in the state’s development journey. In his address, PM Modi underlined the crucial role of eastern India, particularly Odisha, as a growth engine in India’s ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 26, 2025 The Governor of Odisha, Hari Babu Kambhampati, led the state-level Republic Day celebrations by unfurling the national flag at Mahatma Gandhi Marg in Bhubaneswar on Sunday. The event, marked by grandeur and patriotic fervor, featured an impressive parade and cultural performances that drew a large audience. Governor Kambhampati took the salute from 43 marching ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 26, 2025 President of India, Droupadi Murmu, presided over the 76th Republic Day celebrations at Kartavya Path, New Delhi, marking a vibrant and historic commemoration of the nation’s unity and progress. Accompanied by Indonesian President Prabowo Subianto, this year’s Chief Guest, the event highlighted cultural diversity, military strength, and 75 years of the Constitution’s enactment. ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 9, 2025 In a landmark event coinciding with the 18th Pravasi Bharatiya Divas convention, Dr. Rekha Chaturvedi, an eminent author and academician, released her profound work, “Fiji Mein Bhartiyon Ka Itihas Tatha Unka Jeevan (1879 – 1947)” [(The Life and History of Indians in Fiji (1879 – 1947)]. Based on her PhD research, the book was ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 4, 2025 The Ministry of Coal has announced a landmark achievement in coal production and dispatch for the calendar year 2024, setting new records and reinforcing India’s progress toward energy security and self-reliance under the vision of Atmanirbhar Bharat. Provisional data reveals that coal production soared to an unprecedented 1,039.59 million tonnes (MT) in 2024, ...