Category: Economy
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…
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…