Category: Economy
RBI likely to raise forecast for growth, lower it for inflation this MPC
Mumbai: Market participants are of the view that the Reserve Bank of India (RBI) would revise its macroeconomic projections in the upcoming policy review on…
OECD retains India’s FY26 growth outlook at 6.7%
The Organisation for Economic Co-operation and Development (OECD) on Tuesday maintained India’s economic growth steady at 6.7% in FY26, keeping it as one of the…
GST rate rationalisation has largely fixed inverted duty structure, says Sitharaman
Finance minister Nirmala Sitharaman on Tuesday said the recent goods and services tax (GST) rate rationalisation has “largely corrected” the inverted duty structure faced by…
FM calls for global cooperation on digital-era tax transparency
Finance minister Nirmala Sitharaman Tuesday called for increased international cooperation to tackle emerging challenges in tax transparency with digitalisation of the economy, emergence of new…
India–Russia ties: What to expect from Putin’s high-stakes visit as New Delhi navigates US pressure
As President Vladimir Putin is set to India for the first time since the Ukraine war, New Delhi faces a delicate diplomatic tightrope: safeguarding its…
Rupee depreciation against major world currencies good for economy: Rajiv Kumar
The rupee depreciation against major world currencies is good for the economy as it encourages labour-intensive exports from India, increases foreign exchange earnings and generates…
A fifth of world imports are now affected by tariffs: WTO
New Delhi: Imports worldwide worth $2,640 billion, or 11.1% of total imports, were affected primarily by tariffs along with other trade measures introduced between mid-October…
Govt approves upgradation of Numaligarh Refinery to Navratna CPSE
Finance Minister Nirmala Sitharaman has approved the upgradation of Numaligarh Refinery Ltd (NRL) to Navratna CPSE, making it the 27th Navratna amongst the Central Public…
No proposal to raise FDI limit for PSU banks to 49%: MoS Finance
The government is not considering any proposal to raise the foreign direct investment (FDI) limit in public sector banks to 49 per cent, from the…
India’s November palm oil imports rise as soyoil, sunflower oil buying drops
India’s palm oil imports rose slightly in November as lower prices prompted refiners to increase purchases of the tropical oil while cutting back on more…