Category: Economy
Decoding govt’s wheat strategy: Can higher procurement push and export quota hike lift the sector?
Last week the government raised its wheat procurement target by 15% to 34.5 million tonnes (MT) and approved an additional 2.5 MT of exports to…
SBI calls for structural measures to manage rupee depreciation, inflation risks and BoP deficit
New Delhi: India needs a comprehensive and structural policy response to manage rising risks from rupee depreciation, imported inflation and a widening balance of payments…
Despite uncertainty, India to withstand global shocks due to strong macro fundamentals: BoB Report
New Delhi: India is expected to withstand global economic shocks despite rising uncertainty due to its strong macroeconomic fundamentals, according to a report by Bank…
Downside growth risks outweigh inflation concerns, RBI likely to hold rates this fiscal: Crisil
New Delhi [India]: The Reserve Bank of India’s Monetary Policy Committee (MPC) is likely to maintain current policy rates through the fiscal year as concerns…
India extends financial support to Maldives under SAARC
New Delhi: India has approved a ₹3,000-cr currency swap for the Maldives under the South Asian Association for Regional Cooperation (SAARC) framework to support the…
Financial inclusion 2.0 road map set for review this week
New Delhi: The finance ministry will review the progress of financial inclusion with banks and stakeholders this week as it firms up the roadmap for…
Sebi offers a way over FPI tax rule hurdle
Mumbai: A tussle of legal semantics is playing out between the Securities and Exchange Board of India (Sebi) and the Central Board of Direct Taxes…
Inspection scheme soon to flag firms dodging EPFO
New Delhi: The labour and employment ministry is firming up an inspection scheme to identify establishments that are eligible for coverage under the Employees’ Provident…
India fast-tracks Canada FTA, GCC talks paused, says Piyush Goyal
New Delhi: India is accelerating negotiations for a proposed free trade agreement (FTA) with Canada and talks are ongoing with Chile and Peru though engagements…
India industrial output at 4.1%, hit by Iran war
New Delhi: India’s industrial output growth slowed to a five-month low of 4.1% year-on-year in March, dragged by weaker electricity and manufacturing, but outperformed economists’…