Category: Economy
RBI MPC minutes: Policy misstep fears drove rate pause amid West Asia uncertainty
Potential risks of making policy misstep forced the monetary policy committee to adopt a wait and watch approach and kept the repo rate unchanged amid…
RBI MPC member Nagesh Kumar flags import dependence, Gulf remittances, El Nino risks in minutes
India’s heavy reliance on imported oil and fertilisers routed through the Strait of Hormuz, its dependence on remittance inflows from the Gulf and the possibility…
RBI MPC minutes: ‘Energy prices unlikely to return to pre-conflict levels,’ says economist Saugata Bhattacharya
The Reserve Bank of India’s Monetary Policy Committee (MPC) unanimously kept the repo rate unchanged at 5.25% with a neutral stance at its June 2026…
India’s forex reserves fall $9.99 billion to $671.63 billion as of June 12
India’s foreign exchange reserves fell by $9.99 billion to $671.63 billion in the week ended June 12, 2026, according to data released by the Reserve…
Ministry of Petroleum and Natural Gas approves Rs150 Cr assistance for India’s first private hybrid 2G ethanol project in UP
In a significant step towards India’s circular bioeconomy, the Ministry of Petroleum and Natural Gas (MoPNG), under the PM JI-VAN Yojana, has approved financial assistance…
India initiates anti-dumping probe against a Chinese, Japanese chemical used in tyre, rubber items
New Delhi: India has initiated an anti-dumping probe against imports of a chemical, used in tyre and rubber products, from China and Japan, a commerce…
India-UK FTA more than just about trade: Foreign Secretary Vikram Misri
Paris: The India-UK Free Trade Agreement (FTA) goes beyond just trade and technology to open many doors for the people in both countries, Foreign Secretary…
Ample world inventories may soften El Nino food supply shock
A super El Nino is likely to unsettle global weather and threaten food output in the coming months, but near record world inventories, expectations of…
Despite West Asia crisis, net direct tax mopup grows 15% to Rs 5.2 lakh crore
New Delhi: India’s direct tax collections, net of refunds, rose 14.64% year-on-year to ₹5.21 lakh crore as on June 17, supported by strong advance tax…
EPF interest rate retained at 8.25% for FY26
New Delhi: The government has ratified an 8.25% interest rate on employees’ provident fund (EPF) deposits for 2025-26, a government official said. The rate has…