Category: Economy

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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…

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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…

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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…

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India’s forex reserves fall by $7.51 billion to $681.38 billion as of May 22
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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…

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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…

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India’s $360 billion infra investments slash logistics cost to 10-10.7% in FY26: CII-Knight Frank

New Delhi: India’s cumulative investments of nearly USD 360 billion in infrastructure development over the last decade has significantly slashed India’s logistics cost to 10-10.7…

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India-Oman CEPA to strengthen energy security, trade resilience and export growth: Report

New Delhi: The India-Oman Comprehensive Economic Partnership Agreement (CEPA), set to come into force from June 1, 2026, is expected to significantly strengthen bilateral trade,…

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RBI’s currency printing cost falls 23.5% in FY26 despite rise in cash circulation

Mumbai: The Reserve Bank of India‘s expenditure on printing currency notes fell 23.5% to Rs 4,875.2 crore in 2025-26 from Rs 6,372.8 crore in the…

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‘Expect trade deal to be signed in next few weeks and months,’ US Envoy to India Sergio Gor

New Delhi: US Ambassador to India Sergio Gor has given a positive signal on the signing of the US-India Trade deal saying he hopes that…

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Fake Rs 500 notes surge 20% as counterfeits rise across banking system

Mumbai: Counterfeit currency detection in India’s banking system rose 5.7% to 2,29,746 pieces in 2025-26 from 2,17,396 pieces in the previous year, with fake Rs…

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