Category: Economy

Effective fiscal-monetary coordination was core for India's success amid a series of adverse shocks: RBI Governor
Posted in Economy

Effective fiscal-monetary coordination was core for India’s success amid a series of adverse shocks: RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das emphasized the critical role of fiscal-monetary coordination in navigating India through a series of external economic shocks….

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View: The goal of India's industrial policy should be profits, not votes
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View: The goal of India’s industrial policy should be profits, not votes

Between April and October, Apple Inc. exported about $7 billion worth of iPhones from India, most of them to the US. Prime Minister Narendra Modi…

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Apr-Sept coal imports up a tad at 129.5 MT
Posted in Economy

Apr-Sept coal imports up a tad at 129.5 MT

New Delhi: Coal import in April-September increased 1.4% year-on-year reaching 129.5 million tonnes (mt) compared to 127.8 mt in the corresponding period of the previous…

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RBI warns unchecked inflation could harm India's real economy, despite strong growth outlook
Posted in Economy

RBI warns unchecked inflation could harm India’s real economy, despite strong growth outlook

Kolkata: An unchecked increase in headline inflation can damage the real economy, even as festive consumption demand and farm sector recovery have helped offset the…

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IBBI proposes mandatory monitoring committees for resolution plans
Posted in Economy

IBBI proposes mandatory monitoring committees for resolution plans

The Insolvency and Bankruptcy Board of India (IBBI) has proposed monitoring committees for implementing resolution plans under the Insolvency and Bankruptcy Code (IBC) rules. These…

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PM GatiShakti: 228 infra projects worth Rs 15.89 lakh crore recommended for approval
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PM GatiShakti: 228 infra projects worth Rs 15.89 lakh crore recommended for approval

As many as 228 big-ticket infrastructure projects of different ministries, including roads and railways, worth Rs 15.89 lakh crore have been recommended for approval under…

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Thailand, Indonesia raise concerns at India’s QCOs on leather, textiles, restrictions on copper, tyres
Posted in Economy

Thailand, Indonesia raise concerns at India’s QCOs on leather, textiles, restrictions on copper, tyres

New Delhi: Indonesia and Thailand have questioned at the World Trade Organization (WTO) India’s quality control orders (QCO) on various products including medical textiles, footwear…

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Unchecked inflation risks hurting economy despite festive boost, RBI warns in latest report
Posted in Economy

Unchecked inflation risks hurting economy despite festive boost, RBI warns in latest report

Kolkata: The rise in headline inflation can damage the real economy if not checked, even as the festive consumption demand and farm sector recovery have…

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Rs 1 lakh cr R&D fund for pvt sector to be operational in next couple of months: Secy Ajay Seth
Posted in Economy

Rs 1 lakh cr R&D fund for pvt sector to be operational in next couple of months: Secy Ajay Seth

The government is looking to operationalise in the next couple of months the Rs 1 lakh crore fund for research and development (R&D) by the…

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India's services sector may outpace merchandise exports by 2030, touch USD 618 billion: GTRI
Posted in Economy

India’s services sector may outpace merchandise exports by 2030, touch USD 618 billion: GTRI

India is set for a major change in its export trends, with outbound shipments of the services sectors expected to overtake merchandise exports by 2030…

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