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RBI’s foreign capital push reflects rising inflation, slowing growth concerns: Report
New Delhi [India]: Reserve Bank of India’s (RBI) latest measures to attract foreign capital reflect growing concerns over rising inflation, slowing economic growth and external…
Make in India efforts showing results as import dependence falls in key sectors despite global shocks: Bank of Baroda
New Delhi: India’s efforts to build domestic manufacturing capabilities appear to be yielding results, with import dependence declining across several key sectors, including electricals, chemicals,…
Odisha doubles rice milling charges, to encourage paddy procurement
Bhubaneswar: The Odisha government has doubled the rice milling charge in order to smoothen the paddy procurement from farmers and support the millers, an official…
India’s rising export champion faces a critical credibility test
Just when India’s seafood industry appeared to have cracked the code for sustained export growth, a new challenge has surfaced from an unexpected quarter. Over…
RBI’s reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on hold
New Delhi: The Reserve Bank of India‘s announcements after the monetary policy committee meeting are some measures aimed at flipping the rupee narrative from depreciation…
“Strengthen aspirations of 140 crore Indians”: Rajnath Singh hails India’s 7.7% GDP growth in FY 2025-26
New Delhi: Defence Minister Rajnath Singh on Saturday said that India’s economy grew by 7.7 per cent in the Financial Year 2025-26, with growth accelerating…
India-US trade deal “75 years overdue”; proposed 12.5% tariff part of talks: USIBC’s Atul Keshap
New Delhi: US-India Business Council President Atul Keshap said he shares Donald Trump’s optimism that India and the US will reach a bilateral trade agreement…
India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead
New Delhi: India’s economy grew by a better-than-expected 7.8% in the March quarter from a year earlier, belying fears of the West Asia war hurting…
Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral
Mumbai: The Reserve Bank of India (RBI) Friday announced a host of measures to attract foreign currency inflows, aimed at strengthening external buffers, even as…
India’s forex reserves rise $938 million to $682 billion despite RBI’s $5 billion swap
Mumbai: India’s foreign exchange reserves rose by a modest $938 million to $682 billion in the week ended May 29, despite a $5 billion dollar-rupee…