Month: June 2026

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Posted in Economy

RBI proposes unified framework for banks’ risk, compliance and audit functions

Kolkata: The Reserve Bank of India on Wednesday issued a draft consolidated framework for its supervisory instructions related control and assurance functions of banks and…

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Posted in Economy

Agriculture Ministry’s FY27 budget at Rs 1.4 lakh crore a five-fold jump from 2013-14 level

New Delhi: The Narendra Modi-government has increased the annual budget for the agriculture ministry by five-fold in the last 12-years to Rs 1.4 lakh crore…

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Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMin
Posted in Economy

Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMin

The number of guarantees issued under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has crossed 1 lakh, with the total amount reaching Rs 48,484…

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RBI permits banks to lend only to SEBI-Registered REITs & InvITs; 80% cash-generating assets mandatory

New Delhi: The Reserve Bank of India has mandated that all loans to REITs and InvITs must be fully secured and repaid in line with…

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Cabinet approves ₹2169 cr Ahmedabad Airport Metro Corridor, ₹1200 cr govt office in Amaravati - The Economic Times Video
Posted in Economy

Cabinet approves ₹2169 cr Ahmedabad Airport Metro Corridor, ₹1200 cr govt office in Amaravati – The Economic Times Video

The Union Cabinet has announced three major infrastructure projects. A ₹2,169-crore Ahmedabad Metro Phase 2A corridor connecting the city to the airport and a ₹1,200-crore…

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Govt extends anti-dumping duty on aluminium foil imported from China & 3 other nations till December

The Centre on Wednesday decided to extend anti-dumping duty on aluminium foil imported from China, Malaysia, Thailand, and Indonesia till December 15, 2026. Several companies,…

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Karnataka concludes Elevate Nxt 2026, selects 256 deeptech startups
Posted in Startups

Karnataka concludes Elevate Nxt 2026, selects 256 deeptech startups

Karnataka’s IT/BT department on Wednesday concluded Elevate Nxt 2026, its flagship deeptech startup support programme, with 256 firms selected from 983 applicants. The department said…

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India’s outward FDI commitments fall 49% month-on-month to $4.49 bn in May: RBI data

India’s total outward foreign direct investment commitments declined 49.02 per cent month-on-month to USD 4.49 billion in May 2026 from USD 8.84 billion, mainly due…

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Posted in Economy

India attracted $843 billion in FDI between 2014-15 and 2025-26: Official

Chandigarh: India attracted cumulative Foreign Direct Investment (FDI) inflows of USD 843 billion between 2014-15 and 2025-26, registering a 169 per cent increase over the…

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RBI’s measures may attract USD 60-70 billion foreign capital, support rupee: India Ratings

New Delhi: The RBI’s forex swap measures on FCNR (B) deposits and ECBs by state-owned companies could attract USD 60-70 billion in foreign capital and…

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