Category: Economy
India’s April-September fiscal deficit at Rs 4.75 lakh crore, narrows on-year to 29.4% of FY25 aim
India’s fiscal deficit for the first half of this fiscal year through September stood at 4.75 lakh crore rupees, or 29.4% of annual estimates, government…
RBI’s investment in gold rises faster than in securities
The Reserve Bank of India’s gold holdings have increased at double the pace of its investments in US treasuries this year reflecting the central bank’s…
India considers expanded measures to boost strategic foreign investment from 5-year lows
The Indian government is considering expanded measures to allow greater flexibility for strategic foreign investors to buy stakes in local companies after offshore investment slumped…
India’s external assets grew faster than liabilities: RBI report
India’s external assets grew faster than its liabilities between June 2023 and June 2024, according to the latest report from the Reserve Bank of India…
RBI’s secret mission this Dhanteras brought back another 102 tonnes of gold from England
The Reserve Bank of India (RBI), like Indian households, is keen to bring more gold closer to home. On Dhanteras, a day revered for gold…
RBI to cut rates in December to 6.25%, say narrow majority of economists: Reuters poll
India’s central bank will cut its key policy rate in December by a quarter point to 6.25% to bolster slowing economic growth, according to a…
RBI report shows India’s forex reserves cover stands at 11.2 months of imports
The Reserve Bank of India (RBI) in its latest report stated that the country’s foreign exchange reserves cover of imports (on balance of payments basis)…
RBI parks majority of its gold reserves in India; Local holdings up 100 tonnes in H1
Domestic holdings of gold by the Reserve Bank of India (RBI) rose by more than 100 metric tonnes in the half-year ended September, while the…
Payments of ₹21,108 cr to small firms pending: MSME Samadhaan portal
New Delhi: Payments totalling ₹21,108 crore to micro, small and medium enterprises (MSMEs) are pending across 90,000 applications, as per the latest data from the…
In a first, govt inks deal for contract farming of pulses
New Delhi: The government, for the first time, has entered into contract farming deals with farmers in states including Tamil Nadu, Bihar, Jharkhand and Gujarat…