Category: Economy
India’s forex reserves fall to $699.96 billion for week ending October 3
India’s foreign exchange reserves stood at $699.96 billion as on October 3, data released by the RBI on Friday showed. For the previous week, foreign…
Rare earth turns even rarer as China sets new rule; world stares at the unknown, India fumbles for options
China suddenly further tightened its grip on the one big power source that runs many critical areas of the modern economy, queering the pitch even…
NITI Aayog proposes direct tax reforms; focuses on decriminalisation and trust-based governance
NITI Aayog has proposed a series of reforms in the Income Tax Act, 2025 including decriminalisation of minor infractions, removal of excessive mandatory minimum sentences…
Road, rail ministries log record capex in April-September, spend over ₹3.1 lakh crore
The road transport and railway ministries have achieved record capital expenditure (capex) utilisation of 63% and 56.5%, respectively, during the first half of the current…
Sebi chief plays down FPI outflows, explains why India story remains fully intact
India’s stock market continues to demonstrate remarkable resilience even as foreign portfolio investors (FPIs) recalibrate their positions amid changing global conditions, Sebi chief Tuhin Kanta…
India’s govt debt projected to decline to 71% of GDP by FY35 from current 81%: CareEdge Ratings
India‘s general government debt is expected to moderate steadily over the next decade, declining from the current 81 per cent of GDP to about 77…
RBI’S real-time move: Glitches mar new cheque clearance system
Mumbai|Kolkata: The Reserve Bank of India’s new real-time cheque clearance system, aimed at improving efficiency, is facing glitches with some customers complaining about delays arising…
Russian region of Tatarstan positions itself as gateway for Indian business
The Russian region of Tatarstan is eager to expand economic cooperation with India and could serve as a gateway for India to enter the local…
India’s trade dependence on the US up 0.6% in last 12 months: UNCTAD
New Delhi: India’s trade dependence on the US has risen 0.6% in the last 12 months while Russia’s trade dependence on India rose 0.7%, UNCTAD…
Indian Tea Association urges price stability, relief for Darjeeling sector
The Indian Tea Association (ITA), the apex body of tea trade, on Thursday urged the government to bring in price stability in tea through production…