Indian Economy News

September 18, 2025

GST reforms infused Rs. 2,00,000 crore (US$ 22.77 billion) in Indian economy: Union Minister for Finance and Corporate Affairs, Ms. Nirmala Sitharaman

Goods and Services Tax (GST) reforms infused US$ 22.77 billion, raised taxpayers to 15.1 million, and lifted 2025 revenue to US$ 251 billion.

Exports to rise 6% this year, will end year on positive note: Union Minister of Commerce and Industry, Mr. Piyush Goyal

India’s exports are expected to grow 6% in 2025 to US$ 824.9 billion, with Union Minister of Commerce and Industry Mr. Piyush Goyal highlighting progress on FTAs with the EU and UAE, rising investment interest.

Engineering research and development (ER&D) sector could nearly double to US$ 100 billion in five years: Nasscom

India’s engineering research & development sector, valued at US$ 56 billion in FY25, is projected to reach US$ 100 billion by 2030, driven by rising demand in automotive, aerospace, defence, and GenAI adoption.

Artificial intelligence (AI) and automation top priorities for Indian corporate treasuries: EY

Indian corporate treasuries are rapidly adopting automation and AI, with 82% viewing AI as key to strategy and cash forecasting leading applications.

Government plans Rs. 5,000 crore (US$ 569 million) scheme to promote decarbonisation: Secretary, Ministry of Steel, Mr. Sandeep Poundrik

India plans a US$ 569 million scheme to promote clean steel technologies, cut carbon emissions, and support net-zero goals, focusing on secondary steel producers.

Global capability centres (GCCs) stage strong comeback with 40% share of office demand in 2025

Global capability centres (GCCs) will occupy 40% of India’s office market in 2025, led by tech, BFSI, and engineering sectors, with southern cities driving most demand.

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