Category: Economy
Telangana relied on RBI borrowings for most of FY25: CAG report
Hyderabad: Barring two days in 2024-25, the Telangana government availed a Special Drawing Facility of Rs 27,730 crore from the RBI for 363 days to…
10 foreign ships with energy cargo for India stranded in Persian Gulf
The government on Monday said 10 foreign-flagged ships carrying energy cargo for India are stranded in the Persian Gulf, even as 18 Indian vessels remain…
‘India’s economy will double every 7-8 years,’ says Union Minister Gajendra Singh Shekhawat
New Delhi: Union Minister Gajendra Singh Shekhawat has stated that India’s economy is projected to reach nearly 30 trillion dollars by the year 2047, marking…
Iran war shock: Middle East conflict could cut 1 ppt from India’s FY27 GDP outlook
New Delhi: India’s real GDP growth for the next fiscal could erode by around 1 percentage point, while retail inflation could rise by about 1.5…
New I-T law, higher securities transaction tax on F&O trade to kick in from April 1
New Delhi: The new income tax law and other budgetary provisions, including higher Securities Transaction Tax (STT) on F&O trade and lower TCS on overseas…
“Unfortunate for India,” Ex R&AW Chief hints at probable inflation if West Asia situation escalates
New Delhi: Former R&AW Chief Vikram Sood, said that India and Israel are allies; but the attack on Iran and killing of its Supreme Leader…
India diesel exports jump 20% in March amid Iran war
New Delhi: Record difference between the price of crude oil and refined diesel amid the Iran war pushed India to increase diesel exports 20% month-on-month…
IBC helped banks recover 52% bad loans: Nirmala Sitharaman
New Delhi: Finance and corporate affairs minister Nirmala Sitharaman on Monday said the decade-old insolvency law has been instrumental in improving the health of the…
Pulses import duties likely to stay unchanged
New Delhi: The government is expected to keep the current import duties on pulses and extend the duty-free period for tur and urad to prevent…
Fiscal deficit until February eases to 80.4% of FY26 target
New Delhi: The Centre’s fiscal deficit in the first 11 months of current financial year touched 80.4% of the annual target, compared with 85.8% a…