Category: Economy
New GDP series to map India’s digital economy and gig sector
India’s economy has changed dramatically over the past decade, and its statistics are finally catching up. The government plans to roll out a new GDP…
India plans to hike foreign investment cap in state-run banks to 49%, source says
India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double current limits, according to a person directly…
Biz sentiments moderate in 2nd quarter FY26 due to global uncertainties: NCAER Survey
Business sentiments in India moderated in the second quarter of the current fiscal year, following three consecutive quarters of improvement, amid high global uncertainties, including…
India’s growth outlook for FY26 remains strong, says Finance Ministry
India’s growth outlook for the current fiscal year remains strong, supported by domestic demand, a favourable monsoon, lower inflation and the recently introduced GST rate…
India races to reform financial sector as foreigners pull $17 billion
Rattled by nearly $17 billion in foreign outflows this year, India is doubling down on financial sector reforms in a push to beef up capital…
Jaishankar, Rubio hold key talks in Kuala Lumpur on ‘bilateral ties’ amid ongoing trade negotiations
External Affairs Minister S Jaishankar on Monday met US Secretary of State Marco Rubio in Kuala Lumpur, where the two leaders discussed a wide range…
iPhone boom powers India’s electronics exports to record highs, set to overtake petroleum
New Delhi: Electronics exports could rise to take the place of petroleum products as the second-most shipped category, as the US dissuades Indian refiners from…
MGNREGS may not need more funds this fiscal
The government may not need to allocate more funds for the rural employment guarantee scheme when it seeks parliamentary approval for supplementary demands for grants…
Global central banks cut US T-bill exposure, increase gold reserves
Mumbai: Most countries with top gold reserves have reduced their dollar assets held in US Treasury bills since 2017, the first time Donald Trump took…
Skill financing scheme, Pradhan Mantri Kaushal Mudra Yojana, likely to be unveiled in Budget
New Delhi: India is firming up a new scheme-Pradhan Mantri Kaushal Mudra Yojana (PMKMY)- to fund skilling of the country’s growing workforce, marking a major…