Category: Economy
India’s ‘BBB-‘ rating unchanged: Fitch cites energy shocks, fiscal weakness, but praises growth
New Delhi: Fitch Ratings on Tuesday kept its sovereign credit rating on India unchanged at the lowest investment grade of “BBB-“, with a “stable” outlook….
New foreign investment rule looms over AIFs, foreign investors
Mumbai: The hint of a new regulation is threatening to upturn the best laid plans of hundreds alternative investment funds (AIFs) – pooled vehicles used…
India-SACU trade pact talks to begin by September, conclude within a year
New Delhi: Negotiations for the India-Southern African Customs Union (SACU) trade pact will commence within one month of the signing of the terms of reference…
Govt issues advisory against two Bhutanese cos on trade risks
New Delhi: The government has advised exporters, Export Credit Guarantee Corporation, banks and other stakeholders to exercise “heightened vigilance” while dealing with two Bhutan-based firms,…
Road ministry revises model concession agreement for BOT projects
The Ministry of Road Transport and Highways has further simplified the model concession agreement for build-operate-transfer (BOT) projects as it seeks greater private-sector participation in…
India’s net direct tax collection rises 23% to Rs 8.11 lakh crore as of August 10
India’s net direct tax collections rose 23.09% year-on-year to Rs 8.11 lakh crore as of August 10 in the current financial year, according to government…
GDP is still the GOAT of economic statistics despite its many flaws
It is an odd confession to make about a statistic, I realize, but then again I am an economist, so I am just going to…
India sixth-largest economy at $3.92 trillion nominal GDP in FY26: Government
India was the world’s sixth-largest economy in 2025-26, with a nominal gross domestic product of $3.92 trillion, according to the International Monetary Fund’s April 2026…
Government approves introduction of one billion polymer banknotes of Rs 10 and 20
New Delhi: The government has approved the introduction of one billion polymer banknotes of Rs 10 and Rs 20 for field trials, Parliament was informed…
Fitch affirms India’s ‘BBB-‘ credit rating with stable outlook
Fitch Ratings on Tuesday affirmed India’s sovereign rating at ‘BBB-‘ with a stable outlook and said the domestic economy remains strong, despite headwinds from the…