Category: Economy
Indo-Pacific trade pact losing relevance under Trump’s aggressive strategy: GTRI
New Delhi: The Indo-Pacific Economic Framework for Prosperity (IPEF), a 14-member grouping including India, the US and Australia, is losing relevance under US President Donald…
Cash is king again? India’s withdrawals surge 12% in early April, highest since post-demonetisation
MUMBAI: Currency in circulation in India surged by over 610 billion rupees ($6.40 billion) in the first 15 days of April, pushing the total to…
Pharma exports surpass $31 billion in FY26 despite global headwinds
New Delhi: India’s pharmaceutical exports crossed $31 billion in FY26, despite a 23% year-on-year decline in March with official data showing that the industry is…
BJP gains in Bengal may accelerate reforms push amid economic headwinds
New Delhi: The BJP’s latest electoral surge, especially in West Bengal, could spur greater Centre-state policy alignment and aid the Union government’s reforms push as…
RBI flags false loan waiver claims by some, warns of legal action
MUMBAI: The Reserve Bank of India (RBI) Monday raised fresh concerns over unauthorised campaigns falsely promising loan waivers, warning that these pose seious risks not…
Direct tax mop-up misses FY26 target; Collections rise 5%
New Delhi: India’s net direct tax collections recorded a moderate uptick in FY26 though the mop-up fell short of the revised estimates by ₹81,000 crore,…
PMI rises to 54.7; Inflation pressures mount
New Delhi: India’s manufacturing sector activity picked up modestly in April, driven by improvements in new business orders and production, a private survey released on…
India to testify at USTR overcapacity probe on May 8
New Delhi: Indian trade officials and industry representatives will testify on May 8 to push back against the US’ claims of structural excess capacity and…
RBI’s Rohit Jain takes charge, assumes key portfolios
Kolkata: Reserve Bank of India deputy governor Rohit Jain, who assumed charge Monday, has taken over most key departments earlier handled by T Rabi Sankar,…
RBI clears 99 pc applications within deadline under Citizen’s Charter
Mumbai: The Reserve Bank of India (RBI) on Monday said it has processed 99.7 per cent of applications within the prescribed timeline under its Citizen’s…