Category: Economy
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…
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…
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…
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…