Category: Economy
RBI deputy governor Swaminathan J gets two-year extension
Kolkata: The union government has extended Reserve Bank of India deputy governor Swaminathan Janakiraman‘s term for another two years with effect from June 26, 2026,…
FY26 growth higher than anticipated, shows India’s resilience: MoSPI Secretary
New Delhi [India], June 5 (ANI): India’s GDP growth of 7.7 per cent in FY2025-26 came in higher than anticipated in the Second Advance Estimates…
India’s economy faces threats that currency band-aid can’t fix
India’s government and central bank took coordinated steps on Friday to spur foreign inflows, providing an immediate boost to the beleaguered currency. The challenge for…
RBI says 4% inflation target not in abeyance; future rate action tied to price persistence
Mumbai: The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said its 4 per cent medium-term inflation target is sacrosanct and has not…
WTO sees signs of slowdown in global goods trade growth amid Middle East conflict
GENEVA: The World Trade Organization said on Friday there were signs global merchandise trade growth may be starting to slow, though it had shown resilience…
India can return to 7% GDP growth path in FY28 with macro stability, supply measures: CEA Nageswaran
India could return to a growth rate above 7% by FY28 if macroeconomic stability is maintained and supply-side measures continue, Chief Economic Adviser V Anantha…
RBI policy press conference: Here’s everything that came up for discussion
Mumbai: Friday’s monetary policy press conference by Reserve Bank of India (RBI) Governor Sanjay Malhotra touched every possible gamut of the world’s fastest-expanding major economy,…
Weak monsoon may impact rural demand, private consumption: RBI governor Sanjay Malhotra
Mumbai: The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said a projected deficiency in the south-west monsoon could impact rural demand and…
India to surpass China in share of global GDP by 2060: Report
New Delhi: India is expected to surpass China in terms of its share of global GDP measured in purchasing power parity (PPP) by 2060, as…
RBI says it is fully prepared for Anthropic’s frontier AI model Mythos
The Reserve Bank of India (RBI) has said it is fully prepared to deal with Anthropic‘s frontier AI model Mythos even as it awaits final…