Category: Economy
HSBC downgrades India to ‘underweight’ as oil clouds outlook
HSBC downgraded Indian equities to “underweight” from “neutral” – its second cut in less than a month – as it expects surging energy prices triggered…
India’s digital currency push targets its leaky welfare system
PHULENAGAR/MUMBAI: In the western Indian village of Phulenagar, Samadhan Sonawane set up a drip irrigation system on his small onion farm using digital currency issued…
Clearing Corporation of India Ltd eyes AI-led, resilient market infra growth
Mumbai: Future financial market infrastructure will need greater agility, deeper intelligence and stronger integration to keep pace with rapid technological change and an increasingly fragile…
State capex hits 2.7% of GDP under SASCI scheme: Report
New Delhi: The Special Assistance to States for Capital Investment (SASCI) scheme lifted state capital expenditure to 2.7% of gross domestic product (GDP) in 2024-25…
‘Disaster resilience must be built into infra projects,’ says Economic affairs secretary Anuradha Thakur
New Delhi: Economic affairs secretary Anuradha Thakur on Wednesday stressed the need to embed disaster resilience in the design and financing of infrastructure projects, underscoring…
Finance Ministry plans to broaden Actuaries Act scope beyond insurance, pensions
New Delhi: The finance ministry plans to amend the Actuaries Act, 2006 to broaden the definition of actuarial science beyond insurance and pensions to include…
Smartphones emerge as India’s export champions in FY26
New Delhi: Smartphones led a 24% surge in India’s electronics exports in the last fiscal year as handset makers such as Apple and Samsung made…
India can grow above 7 pc even if crude oil costs USD 90-100/barrel: Assocham
New Delhi: The Indian economy, largely driven by consumption, has the potential to grow over 7 per cent annually even if crude oil costs USD…
Net sales growth of FDI companies moderated to 8.7% in FY25: RBI data
Net sales growth of the select FDI companies moderated to 8.7 per cent in 2024-25 from 9.4 per cent in the previous year, according to…
Impact on growth and inflation to depend on duration of West Asia conflict: MPC says
Kolkata: Reserve Bank of India’s monetary policymakers said a prolonged West Asia conflict could cast a long shadow on economic growth and inflation, although the…