Category: Economy
ADB cuts growth outlook of Asia to 4.7% as West Asia disruptions deepen
New Delhi, The Asian Development Bank (ADB) on Wednesday downgraded its 2026 economic growth outlook to 4.7 per cent from 5.1 per cent earlier for…
RBI allows banks to extend relief measures to borrowers without their requests in disaster-hit areas
Mumbai: Banks are allowed to extend relief measures to all borrowers without waiting for their requests, according to the Reserve Bank’s revised guidelines for calamity-affected…
West Asia conflict raises inflation risks; India’s domestic strength offers cushion: Finmin report
New Delhi, The ongoing conflict in West Asia poses a significant supply-side shock with rising risks to inflation, trade and financial flows, though India’s strong…
RBI rejects NBFC pleas on funds, norms tightening
Reserve Bank of India (RBI) has rejected non banking finance companies (NBFC’s) suggestion to exclude equity investment in the group entities from being referred to…
India, Kenya discuss possibility of trade settlement in local currencies
New Delhi, India and Kenya have discussed the possibility of settling trade transactions in local currencies to further promote two-way commerce, an official statement said…
EPFO may raise minimum pension under EPS-95; settles 83.1 million claims in 2025-26
The ministry of labour and employment is considering raising the minimum pension under the Employees’ Pension Scheme (EPS-95) beyond Rs 1000 a month, a decision…
Argentina emerges as India’s main supplier of edible oils
Argentine Ambassador to India Mariano Caucino has stated that “Argentina and India enjoy a very elevated degree of complementarity” and pointed out that India has…
Neo Alternative Asset Managers hits ₹1,500 crore first close for ₹5,000 crore Infra Income Fund II
Bengaluru: Neo Alternative Asset Managers Pvt Ltd (NAAM), formerly Neo Asset Management, on Wednesday announced the first close of its Neo Infra Income Opportunities Fund…
Decoding govt’s wheat strategy: Can higher procurement push and export quota hike lift the sector?
Last week the government raised its wheat procurement target by 15% to 34.5 million tonnes (MT) and approved an additional 2.5 MT of exports to…
SBI calls for structural measures to manage rupee depreciation, inflation risks and BoP deficit
New Delhi: India needs a comprehensive and structural policy response to manage rising risks from rupee depreciation, imported inflation and a widening balance of payments…