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Posted in Economy

India’s jobless rate rises to 5% in Q4

India’s unemployment rate rose to 5% in the January-March quarter from 4.8% in the preceding three months, driven by an increase in female joblessness, official…

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Posted in Economy

India considering emergency measures to save foreign exchange

India is considering emergency steps to shore up foreign-exchange reserves, including curbing non-essential imports like gold and electronic goods, and hiking fuel prices, to help…

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Identifying 100 products to boost domestic manufacturing: DPIIT Secy

New Delhi: The government is working with industry to identify about 100 products — including those from the auto sector — that are either not…

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The 30-share BSE Sensex slumped 1,312.91 points, or 1.70 per cent, to close at 76,015.28. (Representative image)
Posted in Business

Sensex falls 1,313 points today, investors lose ₹6.4 lakh crore | Top 5 reasons behind sharp fall

Stock markets extended their losing streak for a third straight session on Monday, with the benchmark Sensex plunging 1,313 points as rising crude oil prices…

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HSBC slashes FY27 GDP estimate sharply to 6%, expects two RBI rate hikes

Mumbai, Twin shocks of energy crisis and deficient rainfall will lead to the real GDP growth falling to 6 per cent in FY27 from 7.4…

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Posted in Economy

Maldives repays second $50 million Indian treasury bill: Muizzu

Male: The Maldives has settled payment to India on a USD 50-million treasury bill, President Mohamed Muizzu said on Monday, according to a local media…

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Posted in Economy

India-bound fertilizer shipment scrapped over Iran origin risk

An India-bound fertilizer shipment booked under an April tender has been scrapped after officials raised concerns over links to Iran, according to people with direct…

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After winning poll battles, Modi has picked up a new fight

After election victories in West Bengal and Assam, Prime Minister Narendra Modi has moved from electoral politics to economic mobilisation. When the Middle East conflict…

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Govt to replace MGNREGA with new rural jobs scheme G RAM G, guarantees 125 days of work at near Rs 96,000 crore budget allocation

In one of the biggest overhauls of India’s rural employment architecture in two decades, the Centre on Sunday announced that the Mahatma Gandhi National Rural…

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Posted in Economy

Iran war, fading tax boost may slow India’s growth to 6.7% in FY27: BMI

India’s economic growth is likely to slow sharply in the current fiscal year as the lingering effects of last year’s tax cuts begin to fade…

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