Category: Economy
Government launches common landing portal for unclaimed financial assets
New Delhi: The finance ministry on Friday launched a single unified online platform for citizens to search and trace unclaimed bank deposits, insurance claims, shares…
Tantrum of a problem child might cool India’s economic engine
The India Meteorological Department (IMD) delivered a sobering update on Friday by maintaining its forecast for a below-average monsoon in 2026. The weather watchdog warned…
Housing price index rises 4.2% in Q4 FY26: RBI
Mumbai, All India House Price Index (HPI) rose 4.2 per cent in the January-March quarter of 2025-26, compared with an expansion of 3.8 per cent…
Resilient Indian economy may face West Asia headwinds; El Nino impact likely on agri output: RBI
Mumbai: India’s economy could face headwinds due to higher energy prices and supply chain disruptions, while the likelihood of El Nino conditions could hit agriculture…
RBI books ₹1.69 lakh crore forex gains amid record dollar sales
The Reserve Bank of India earned ₹1.69 lakh crore from foreign exchange transactions in FY26, up 52% from the previous year, as it sold a…
Energy prices, current account deficit, balance of payments big priorities right now: CEA
Mumbai: Chief economic advisor V Anantha Nageswaran on Friday said managing Macroeconomic fundamentals like the balance of payments and current account deficit has assumed a…
RBI to explore CBDC pilot in cross-border transactions
Mumbai: The Reserve Bank will explore the use of CBDC in cross-border transactions besides expanding the digital rupee to more direct benefit transfer schemes and…
Notification on blending isobutanol with diesel this year: Road secretary V Umashankar
India is likely to bring a mandate on blending isobutanol with diesel as early as this year as part of a slew of measures to…
India’s forex reserves fall by $7.51 billion to $681.38 billion as of May 22
India’s foreign exchange reserves dropped again by $7.51 billion to stand at $681.38 billion in the week ended May 22, according to data released by…
Rupee being increasingly used for imports and exports: RBI report
Mumbai: Rupee is being increasingly used for import and export invoicing over the years, showed the data compiled by the Reserve Bank of India, which…