Category: Economy
Volatile nature of food prices pose challenges to inflation forecasting, says RBI’s Poonam Gupta
Kolkata: Reserve Bank of India deputy governor Poonam Gupta on Wednesday said that the high weightage of food in the Consumer Price Index and the…
IMF says India’s economy will stay robust despite external headwinds as inflation remains “well contained”
The International Monetary Fund (IMF) on Wednesday expressed confidence in India’s economic outlook, stating that growth will remain solid even with external uncertainties. According to…
Cabinet approves rare earth permanent magnet scheme; Rs 9,857.85 crore Pune metro expansion gets cabinet nod
The Union Cabinet approved a Rs 7,280 crore rare earth permanent magnet scheme, two railway multi-tracking projects, and expansion of the Pune metro. Announcing the…
India-Russia annual summit could boost mutual recognition of national card systems
India-Russia cross-border payment system that would smoothen travel of individuals and businesses from both sides in each other’s country can get a boost at next…
Cabinet clears Rs 7,280 cr rare earth magnet manufacturing scheme
The Union Cabinet on Wednesday cleared a Rs 7,280-crore incentive scheme aimed at boosting domestic manufacturing of rare earth magnets. The proposal, designed with a…
India must aim to become world’s manufacturing hub, industry leaders say
India must aim to become the world’s manufacturing hub, industry leaders said at the 21st CII Manufacturing Summit 2025, stressing the need for competitiveness, sustainability,…
No systematic bias in inflation forecasts; RBI mulling monthly BoP data release: Poonam Gupta
Mumbai: RBI Deputy Governor Poonam Gupta on Wednesday said there is no “systematic bias” in the central bank’s inflation forecasting. In comments that come amid…
India sees an upward economic growth target revision with a warning on Trump tariffs
India GDP Growth Target: BMI has revised the growth target for Asia’s third largest economy by 0.5 percentage points for this fiscal year that ends…
India’s GDP growth numbers for first half of FY26 expected to touch 7.6%: ICICI Report
The domestic GDP growth in the first half of the current financial year, FY26, is expected to come in at 7.6 per cent, higher than…
India’s GDP growth numbers for first half of FY26 expected to touch 7.6%: ICICI
The domestic GDP growth in the first half of the current financial year, FY26, is expected to come in at 7.6 per cent, higher than…