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Posted in Economy

RBI likely to hold repo rate at 5.25%, market to focus on policy guidance: Nuvama

New Delhi: The Reserve Bank of India (RBI) is likely to keep the repo rate unchanged at 5.25% at the upcoming Monetary Policy Committee (MPC)…

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Samudra Manthan budgets  ₹43,200 crore for 60 offshore oil wells and offers government support for drilling costs. (Reuters/Representative image)
Posted in Business

Why it’s tough to go digging for oil in the oceans — and why India is spending ₹84,084 crore trying to

The Union cabinet on Friday approved Samudra Manthan, a ₹84,084 crore scheme to hunt for oil and gas off India’s coast. The plan, over five…

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Posted in Economy

India’s gross GST collections rise 15.4% to Rs 2.11 lakh crore in July

India’s gross Goods and Services Tax (GST) collections rose 15.4% year-on-year to Rs 2.11 lakh crore in July 2026, driven by robust domestic revenues and…

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Posted in Economy

RBI’s FCNR, forex schemes draw $40.81 billion in inflows so far

MUMBAI: Steps by India’s central ​bank to ​draw more capital flows into the ​country and support the rupee have brought in $40.81 billion, according to…

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Posted in Economy

Indian companies are about to raise prices, putting RBI’s inflation outlook to test

India’s largest consumer companies are gearing to raise prices on products from toothpaste to tires and paint ahead of the festival season and for the…

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Mercury rising
Posted in Economy

Climate change could erase thousands of jobs in India’s cities by 2050: World Bank

New Delhi: Indian cities are set to lose hundreds of thousands of jobs over the coming decades as extreme heat makes outdoor work unsafe, raising…

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Posted in Economy

Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1

New Delhi: The Centre’s fiscal deficit in the first quarter of FY27 stood at 18.2% of the full-year target, marginally higher than 17.9% a year…

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PM-KISAN scheme gets 5-year extension and Rs 3.1 lakh crore
Posted in Economy

PM-KISAN scheme gets 5-year extension and Rs 3.1 lakh crore

New Delhi: The union Cabinet on Friday approved a five-year extension of the PM-KISAN income support scheme through FY31, committing ₹3.15 lakh crore to continue…

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Posted in Economy

A deep dive with Rs 84,084 crore scheme for offshore oil and gas exploration

New Delhi: The Cabinet on Friday approved a ₹84,084-crore scheme to encourage investment in domestic offshore oil and gas exploration. The National Offshore Exploration Scheme,…

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Posted in Economy

First tariff-free Scottish salmon shipment arrives in Bengaluru under UK-India CETA

Bengaluru: The first tariff-free shipment of Scottish salmon has arrived in India through Bengaluru under the UK-India Comprehensive Economic and Trade Agreement (CETA), marking one…

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