Category: Economy
RBI working to give banknotes in your pocket a longer lease on life
The Reserve Bank of India is exploring ways to extend the life of banknotes, according to the central bank’s monthly bulletin released on Tuesday. RBI…
RBI warns food, fuel costs could reignite broader inflation
The Reserve Bank of India (RBI) Bulletin for August has flagged the risk of broader inflationary pressures, warning that higher food, fuel and other input…
Infrastructure projects see cost overrun of Rs 3.4 lakh cr: MoSPI
New Delhi: Infrastructure projects worth more than Rs 150 crore each recorded a cumulative cost overrun of around Rs 3,40,504 crore, according to a monthly…
India’s sugar mills, refiners seen importing just half of duty-free quota
Indian sugar mills and refiners are likely to import only about half of the 1 million metric tons of raw sugar the government has allowed…
India targets $55 trillion economy by2047 through AI, manufacturing, FDI and sunrise sectors
India could build a $55 trillion economy by 2047 by capitalising on its young demographic in artificial intelligence and dominating key sunrise sectors, Chief Economic…
Sugar ex-mill prices down 18 pc to Rs 55/kg after import move, curbs on hoarding: Food secretary
The ex-mill price of sugar has declined by 18 per cent to Rs 55 per kg since the government’s decision to allow imports and clamp…
Exports key for mobile brands to maximize Mobile Phone Manufacturing Scheme incentives: Kotak
New Delhi [India], August 25 (ANI): Exports are likely to be the key driver for mobile phone brands seeking to consistently beat the growth benchmark…
RBI’s great dollar haul: Where are the $73 billion going?
India has pulled off one of the largest and fastest foreign-currency mobilisation exercises ever attempted. In less than 11 weeks, banks and companies have brought…
AI is keeping Asia afloat as inflation weighs it down: Moody’s Analytics
The Asia-Pacific economy is running at two different speeds, with the artificial intelligence boom supporting exports and industrial activity even as higher inflation, tighter monetary…
India may face China’s problem before it reaches the Dragon’s wealth
India is home to one of the world’s youngest populations. Yet the number of children being born has fallen to a level that could reshape…