Category: Economy

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Part of state capex loan tied to fiscal discipline

NEW DELHI: The Centre has, for the first time, tied a portion of funding under the Special Assistance to States for Capital Investment (SASCI) scheme…

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MSMEs seek force majeure relief amid Gulf war disruptions

New Delhi: Small companies that have contracts with the government and public sector units have urged the Centre to invoke force majeure amid increasing disruptions…

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Unseasonal rain may dent wheat output, quality
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Unseasonal rain may dent wheat output, quality

Pune: Unseasonal rain and hailstorms in parts of India in the past week may reduce wheat output by 3-4% and hurt grain quality while also…

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Fitch upgrades Vedanta Resources to BB-, outlook stable
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Fitch upgrades Vedanta Resources to BB-, outlook stable

Mumbai: Fitch Ratings has upgraded Vedanta Resources to ‘BB-‘ from ‘B+’, while maintaining a stable outlook. The upgrade takes the rating on the company’s bonds…

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Govt extends implementation timeline for quality control order on electrical appliances till October

New Delhi: The government on Monday extended the implementation timeline for the mandatory quality control order (QCO) on certain electrical appliances by six months, till…

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RBI keeps investment limit for FPIs in G-secs unchanged for FY27

Mumbai, The Reserve Bank on Monday said the investment limit for foreign portfolio investors in government securities through the general route will remain unchanged at…

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West Asia conflict threatens global energy arteries; prudent economic handling over a decade allows India to keep space for capex: FM

Finance minister Nirmala Sitharaman on Monday said the West Asia conflict has evolved from a regional security concern to a systemic tremor, “threatening vital arteries…

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Sebi, RBI explore steps to shield companies from market volatility

India’s market regulator Sebi has held talks with industry representatives on possible steps to help them navigate the ongoing crisis, while the RBI is set…

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RBI MPC 2026: Rate-setting panel starts deliberations amid West Asia crisis; decision on Wednesday

Mumbai: The Reserve Bank’s rate-setting panel on Monday started its three-day brainstorming session on the first bi-monthly monetary policy of the fiscal amid expectations of…

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India’s FY27 GDP growth forecast downgraded to 6.8-6.9% amid energy supply disruptions: Report

New Delhi: ICICI Bank has revised India’s projected GDP growth for the 2027 fiscal year to a range of 6.8-6.9 per cent from a previous…

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