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SBI Report: No direct impact of oil price hike on India’s fiscal situation
New Delhi: The retail fuel price hike of Rs 3 per litre has been implemented to reduce the losses incurred by oil marketing companies (OMCs)…
India poised for strong growth revival despite global risks: Morgan Stanley
New Delhi: Morgan Stanley believes the Indian economy may be on the cusp of a fresh growth cycle, driven by policy support, strong domestic demand…
From queues to QR codes: A state in India may have found the fix for India’s fertiliser distribution woes
The distribution of fertiliser across states in India has long been plagued by shortages, panic buying, diversion allegations, and chaotic scenes outside cooperative societies, with…
WPI inflation crossing 10% mark not a tail risk but a near-term base case: Report
The recent Rs 3 hike in petrol and diesel prices, announced after the Prime Minister’s national exhortation for austerity, was widely anticipated, according to a…
PM Modi pitches bold investment vision to Europe’s top CEOs at historic ERT roundtable in Gothenburg
In a packed evening session bringing together some of Europe’s most influential corporate leaders, Prime Minister Narendra Modi addressed the European Round Table for Industry…
India plans Rs 35,000 crore highway asset monetisation in FY27
New Delhi: India is planning to monetise 28 national highway assets, spanning over 1,800 km in FY27, to raise about Rs 35,000 crore as the…
ET Graphics: BoP stability tested by outflows & Rupee fall
India’s external account is coming under pressure with both current and capital accounts facing stress. Current account deficit is expected to widen, while capital account…
RBI tightens scrutiny of overseas investments as outflows surge to $27 billion in FY26
Mumbai: Amid austerity calls to conserve hard currency, regulatory authorities are scrutinising whether India Inc’s overseas direct investments (ODI) have gone into “bona fide businesses.”…
Exports diversification drive adds $202 million to kitty in FY26
New Delhi: Ships, boats, telecom instruments, pulses, marine products, graphite and explosives drove India’s export diversification strategy last fiscal year, with new product and country…
West Bengal rice industry seeks infra push, faster clearances from new BJP govt
Kolkata: The rice industry in West Bengal, the country’s largest rice-producing state, has sought better infrastructure, faster approvals and stronger export promotion from the new…