Category: Economy
Gold on a hot run, central banks and RBI go slow on buys as geopolitics also weighs
Mumbai: Central banks have slowed their gold purchasing, reflecting a cautious approach as they navigate geopolitical uncertainties and elevated bullion prices. However, the long-term trend…
Nominal GDP growth may miss FY26 target on soft inflation: CEA
Given the expectation of benign inflation, there may be a shortfall in nominal GDP growth compared to the Budget estimate of 10.1% for the current…
AURIC Smart City projects to generate 62,405 jobs, Rs 71,343 cr investment potential: Govt
New Delhi: The Bidkin Industrial Area has attracted marquee investments worth Rs 76,219 crore, including Ather Energy, Lubrizol, Toyota Kirloskar and JSW Green Mobility, with…
India, EU working on series of transformative initiatives besides eyeing to seal FTA by December
Eyeing to conclude their ambitious free trade deal soon, India and European Union will hold two rounds of crucial negotiations in next one month to…
India, Israel likely to sign bilateral investment treaty next week
India and Israel are likely to sign a bilateral investment treaty during the upcoming visit of Israeli Finance Minister Bezalel Smotrich this week, while laying…
Govt keeping ‘good watch’ on rupee, several currencies declined against USD: Sitharaman
Finance Minister Nirmala Sitharaman has said that the government is keeping a ‘good watch’ on exchange rates, stressing that besides rupee several other currencies have…
Indian Amb Sibi George calls Japan ‘steadfast partner’ of India as he bids farewell
Indian Ambassador to Japan Sibi George has expressed his heartfelt appreciation for the support he received in strengthening India-Japan relations during his tenure in the…
Spurt in consumption to drive revenue buoyancy, to meet fiscal deficit target of 4.4%: Sitharaman
Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs…
India reaffirms commitment to WTO-centred, fair trade system at SCO Trade Ministers’ Meeting
India stressed the scope to leverage the Shanghai Cooperation Organisation‘s (SCO) collective strengths for shared prosperity at the SCO Trade Ministers’ Meeting held in Vladivostok…
GST Council’s decision to simplify tax structure will make taxation more ‘transparent’: IOB
The GST council‘s decision to simplify the tax structure would make taxation more ‘transparent’ and boost consumption over 8-10 per cent in rural markets, a…