Category: Economy
RBI proposes measures to strengthen Prepaid Payment Instruments framework
Mumbai: The RBI on Wednesday proposed several measures to develop a more conducive framework for the long-term growth of Prepaid Payment Instruments (PPIs), including enhanced…
West Asia crisis: Govt considering customs duty cut on critical induction cooktop components
New Delhi: The government is considering cutting the customs duty on critical induction cooktop components to boost domestic manufacturing and address the price hike amid…
RBI measures on currency temporary to curb volatility, says deputy governor Sankar
Mumbai: Reserve Bank of India‘s (RBI) measures restricting banks’ net open positions is a temporary one to prevent volatility in the rupee, deputy governor T…
Agriculture exports up 2.8 pc to USD 52.55 bn in 2025-26
New Delhi: The country’s agriculture exports rose by 2.8 per cent to USD 52.55 billion in 2025-26 from USD 51.12 billion in 2024-25 despite global…
Hormuz crisis casts long shadow on India growth, inflation risks rise: RBI MPC minutes
The Monetary Policy Committee (MPC) minutes released by the Reserve Bank of India on Wednesday said the West Asia conflict and resulting disruptions in the…
DPIIT rolls out multi-sectoral regulatory relaxations to bolster industrial supply chains
New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has implemented a comprehensive suite of regulatory measures and orders across various industrial…
Govt overhauls six-decade-old sugarcane law; seeks comments on draft by May 20
The Centre has proposed replacing the 1966 Sugarcane Control Order with a sweeping new regulatory framework that brings ethanol production, digital compliance, and a formal…
The K-pop cash flow: South Korean beats power India’s FDI remix
The recent visit of South Korean President Lee Jae Myung to New Delhi marked more than a diplomatic exchange with Prime Minister Narendra Modi. It…
India likely to breach budgeted fiscal deficit target for FY27: BMI
New Delhi: India’s fiscal deficit is likely to breach the budgeted target for current fiscal and hit 4.5 per cent of GDP as the government’s…
UK inflation rises to 3.3% as Iran war impact begins to hit
LONDON: British consumer price inflation rose to an annual rate of 3.3% in March from 3.0% in February, according to official figures published on Wednesday…