Category: Economy
India faces test of oil, inflation and monsoon risks despite economic resilience, FinMin report shows
India’s economy continues to show resilience despite growing global uncertainty triggered by the conflict in West Asia, but rising crude oil prices, inflationary pressures and…
Gold demand drops 70% after sharp duty hike in India
Kolkata: Gold demand in India slipped about 70% since the government more than doubled import duty from earlier this month, adding to already tepid consumer…
RBI warns West Asia war may hurt India growth outlook
Mumbai: A prolonged West Asia conflict represents a key downside risk to India’s economic outlook according to the Reserve Bank of India (RBI), even as…
Forex reserves fall $7.5 billion
MUMBAI: India’s foreign exchange reserves fell by $7.5 billion to $681.3 billion in the week ended May 22, as the RBI intervened to protect the…
India-US trade pact may be weeks away: US Ambassador to India Sergio Gor
New Delhi: US Ambassador Sergio Gor said on Friday that the trade agreement between India and the US could be finalised in the coming weeks….
India, Canada launch trade & investment forum
New Delhi: India and Canada have launched a trade and investment forum to bring together businesses from both countries to promote commercial engagement, the government…
Govt removes SIFTI restrictions, IIFCL gets greater financing flexibility
New Delhi: The government has removed SIFTI restrictions imposed on India Infrastructure Finance Company Ltd (IIFCL), providing greater financing flexibility and wider participation in infrastructure…
Govt amends CSR norms; provides more leeway for companies
New Delhi, In a significant move, the government has allowed companies to invest up to 10 per cent of their CSR funds in zero coupon…
Retail central bank digital currency in circulation falls by 24% in FY26
Mumbai: The value of retail central bank digital currency (CBDC) in circulation declined by 24.08 per cent in 2025-26, despite the continuous pilot use cases…
India’s services exports rise by 12.7 pc in April despite West Asia crisis: RBI
Mumbai: India’s services trade saw an expansion in imports and exports during April, according to the Reserve Bank of India (RBI). The data showed that…