Category: Economy
HSBC PMI: Manufacturing activity at nine-month low
New Delhi: India’s manufacturing activity eased to a nine-month low of 56.6 in November from 59.2 in October, as US tariffs weighed on sales and…
India’s Industrial output at 14-month low in October
New Delhi: India’s industrial output fell to a 14-month low of 0.4% year-on-year in October from 4.6% in September, as the impact of the goods…
Steel panel meets companies on import substitution of high-value products
Mumbai: A parliamentary panel has met top steelmakers to focus on import substitution of certain high-value products used in transformers and in the automotive industry,…
RBI governor releases five-year national financial inclusion strategy
Reserve Bank Governor Sanjay Malhotra on Monday released a national strategy aimed to deepen financial inclusion over the next five years. The ‘National Strategy for…
Bilateral trade settlement in local currencies in textiles, chemicals, metals to aid intra-APAC trade
New Delhi: Asia Pacific economies could expand bilateral trade invoicing and settlement in local currencies for goods where intra-regional trade is strong such as textiles,…
India’s GDP data robust, new series in February
India’s gross domestic product (GDP) calculation is based on updated and dynamic trends such as Unified Payments Interface (UPI), ecommerce, transport & food aggregators and…
India’s current account gap narrows in Q2 on higher services exports, remittances
India’s current account deficit eased to $12.3 billion, or 1.3% of GDP, in the July-September quarter from $20.8 billion a year earlier, mainly due to…
Q2 FY26 FDI equity inflows up 20.5% on year
New Delhi: Foreign direct investment (FDI) equity inflows into India rose 20.5% on-year to $16.4 billion in July-September this fiscal, data released by the Department…
Organic food exports: NE focus, cereals & millets drive growth
New Delhi: India has set a target of Rs 20,000 crore (about $2 billion) of organic food exports by 2030, the government said Monday. India’s…
RBI MPC Meet 2025: Date, time, and where to watch Governor Sanjay Malhotra’s policy statement
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will meet from December 3 to 5, 2025, against the backdrop of six-quarter high economic…