Category: Economy
RBI may stay nimble on rates as growth is seen slowing to 6.6%: Report
New Delhi: Reserve Bank of India’s (RBI) may remain flexible on policy rates in the next Monetary Policy Committee (MPC) meet as growth is expected…
Global energy, weather risks threaten further easing in wholesale inflation: Economists
New Delhi: Wholesale inflation in the country is likely to remain elevated despite a marginal easing in July, with global energy prices, geopolitical uncertainty and…
US says India, 40 others enabling Chinese goods to bypass tariffs
New Delhi: The US has named India, along with 40 others, of being part of a “shadow trans-shipment network” that allegedly allows Chinese goods to…
India’s April-June balance of payments records $8.1 billion deficit, June turns surplus
BENGALURU: India’s balance of payments recorded a deficit of $8.1 billion in the April-June quarter, compared with a surplus of $4.5 billion a year earlier,…
RBI shortens FCNR (B) deposit swap window to Aug 31
Reserve Bank of India (RBI) has shortened the swap facility window for foreign currency non-resident (bank) or FCNR (B) deposits by a month to August…
India-Japan stakeholder meet held to strengthen skilling, workforce mobility pathways
New Delhi: The India-Japan Stakeholder Consultation on Skill Development held here on Friday discussed ways to strengthen cooperation on skill development and workforce mobility between…
Forex reserves up by $14.1 billion to $707 billion
India’s foreign exchange reserves jumped by $14.136 billion to $707.002 billion during the week ended August 7, official data released by the Reserve Bank of…
Free dhaniya no more? India’s kitchen is feeling a new food squeeze
A free bunch of dhaniya is perhaps one of the biggest small wins for an Indian out buying vegetables. But that little extra is getting…
India’s digital logistics tracking platform crosses 10 crore EXIM container tracking milestone
New Delhi: Efficient logistics remains central to strengthening domestic manufacturing and expanding India’s footprint across international trade corridors, Union Minister of Commerce & Industry Piyush…
FinMin asks govt entities against setting high turnover, payroll criteria in GeM consultancy tenders
New Delhi: The Finance Ministry has advised central government entities procuring consultancy services through the GeM portal against prescribing excessively high turnover and payroll requirements,…