Category: Economy

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West Asia crisis: Govt considering customs duty cut on critical induction cooktop components

New Delhi: The government is considering cutting the customs duty on critical induction cooktop components to boost domestic manufacturing and address the price hike amid…

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RBI measures on currency temporary to curb volatility, says deputy governor Sankar

Mumbai: Reserve Bank of India‘s (RBI) measures restricting banks’ net open positions is a temporary one to prevent volatility in the rupee, deputy governor T…

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Agriculture exports up 2.8 pc to USD 52.55 bn in 2025-26

New Delhi: The country’s agriculture exports rose by 2.8 per cent to USD 52.55 billion in 2025-26 from USD 51.12 billion in 2024-25 despite global…

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Hormuz crisis casts long shadow on India growth, inflation risks rise: RBI MPC minutes

The Monetary Policy Committee (MPC) minutes released by the Reserve Bank of India on Wednesday said the West Asia conflict and resulting disruptions in the…

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DPIIT rolls out multi-sectoral regulatory relaxations to bolster industrial supply chains

New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has implemented a comprehensive suite of regulatory measures and orders across various industrial…

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Govt overhauls six-decade-old sugarcane law; seeks comments on draft by May 20

The Centre has proposed replacing the 1966 Sugarcane Control Order with a sweeping new regulatory framework that brings ethanol production, digital compliance, and a formal…

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The K-pop cash flow: South Korean beats power India’s FDI remix

The recent visit of South Korean President Lee Jae Myung to New Delhi marked more than a diplomatic exchange with Prime Minister Narendra Modi. It…

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India likely to breach budgeted fiscal deficit target for FY27: BMI

New Delhi: India’s fiscal deficit is likely to breach the budgeted target for current fiscal and hit 4.5 per cent of GDP as the government’s…

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UK inflation rises to 3.3% as Iran war impact begins to hit

LONDON: British consumer price inflation rose to an annual rate of 3.3% in March from 3.0% in February, according to official figures published on Wednesday…

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Short-term fluctuations, including FDI outflows closely monitored: RBI’s Sanjay Malhotra

New York: Short-term fluctuations, including net FDI outflows and exchange rate movements, are cyclical in nature and are being closely monitored, RBI Governor Sanjay Malhotra…

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