Category: Economy
India must grow twice as fast to avoid jobs trap, Morgan Stanley warns
India’s economy needs to expand at an extraordinary 12.2% pace each year to solve its underemployment crisis, Morgan Stanley economists warned, underscoring the risk that…
NCH receives 3,000 GST-related complaints post tax cuts: Consumer Affairs Secretary
New Delhi: Consumer Affairs Secretary Nidhi Khare on Monday said the government’s National Consumer Helpline (NCH) has received close to 3,000 complaints related to GST…
US sanctions on India’s strategic Chabahar port in Iran come into effect: What’s next for New Delhi?
The United States’ renewed sanctions on India’s Chabahar port project in Iran came into effect on Monday, in a significant setback for New Delhi’s regional…
ADB lowers India’s FY26 growth forecast to 6.5% on US tariffs
The Indian economy is expected to expand by 6.5% in the current financial year despite a strong 7.8% growth in the first quarter of FY26,…
India interest rate cut back in play after tariffs
The Reserve Bank of India’s interest rate decision on Wednesday will likely be a close call, with policymakers facing multiple reasons to lower borrowing costs…
RBI likely to maintain status quo; 25 bps cut would be a positive surprise: BoB Economist
The Reserve Bank of India (RBI) is expected to maintain the policy rate unchanged in the current Monetary Policy Committee (MPC) meeting, with a rate…
RBI tweaks rules for small business loans, loans against gold
The Reserve Bank of India (RBI) tweaked rules for small business loans, allowing the spread charged for the credit risk of a borrower to be…
RBI unveils norms to enable faster transmission of rates
The Reserve Bank of India (RBI) on Monday announced a series of regulatory amendments aimed at faster transmission of policy rates, easing gold loan norms…
IIP growth in August eases to 4% over manufacturing dip
India’s industrial output growth eased marginally to 4% year-on-year in August due to a slowdown in manufacturing, but economists expect production to rebound in the…
India begins anti-dumping probe against China, South Korea, Vietnam and Thailand
New Delhi: The Directorate General of Trade Remedies (DGTR) has begun an anti-dumping investigation on imports of solar encapsulants excluding EVA encapsulants originating in or…